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What Stocks Drove The Recent Record Rally? A Breakdown You Can't Miss
Tuesday, November 7, 2023 - 2:13pm | 1035November has burst onto the scene with resounding optimism in the U.S. stock market. The S&P 500, closely monitored through the SPDR S&P 500 ETF Trust (NYSE:SPY), has showcased an impressive six-session winning streak and is currently up 0.4% on Tuesday. The tech-skewed Nasdaq 100, closely...
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Here's How Much Tesla Has Dragged Down The S&P 500 Since It Was Added 2 Years Ago
Friday, December 23, 2022 - 4:03pm | 783Exactly two years ago this week, S&P Dow Jones Indices made the controversial decision to add electric vehicle maker Tesla Inc (NASDAQ: TSLA) to the S&P 500 index with the stock trading at an all-time high and the automaker sporting a $550 billion market capitalization. Two years later,...
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Analysis: Five Stocks That Have Moved Over 50% While The S&P 500 Slumped 14%
Monday, June 6, 2022 - 1:49pm | 938Focusing on just the S&P 500 through a tracker fund is a decent place to start investing. It will get you results that beat whatever the banking system gives you. But for the more savvy investor, the S&P 500 is not where you want to stay if you want to get the most out of your hard-...
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Norwegian Cruise Line And Caesars Entertainment Lead The S&P 500 Lower: Today's Winners And Losers
Tuesday, May 24, 2022 - 4:29pm | 521U.S. indices finished Tuesday's trading session lower amid a continued sell-off in stocks. Weak earnings from Abercrombie & Fitch Co. (NYSE: ANF) have pressured retail stocks while weakness in Snap Inc (NYSE: SNAP) pressured social media companies. The Nasdaq composite finished lower...
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How High Will The S&P 500 Go In 2022?
Tuesday, January 4, 2022 - 7:35pm | 692The S&P 500 has been on a 610% bull run since the low of 2009, the longest bull run in history. This includes a 118% rise since the low of March 2020, following a 35% decline in the market in the early part of 2020 when the impact of CV19 sent waves around the globe. The question is, how much...
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Apple Outperforms The Nasdaq, Or Why I Prefer Stocks To The Indices
Monday, December 13, 2021 - 9:20am | 583I started investing back in 2007. Before that, I was day trading, and let's just say the quicker you give up that habit, the better. When I came across trend-following on the higher timeframes, my mindset and approach completely changed, and I have never looked back. ...
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Grayscale Investments Launches A DeFi Tradable Fund Following 16,000 BTC Unlock
Monday, July 19, 2021 - 1:45pm | 396World's leading cryptocurrency asset manager Grayscale Investments (OTCMKTS: GBTC) partnered with major industry media outlet Coindesk to launch the Grayscale Decentralized Finance Fund (OTC: GDFF). What Happened: According to a Monday announcement, Grayscale...
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Friday's Market Minute: Are Equity Indices Topping Out?
Friday, July 16, 2021 - 10:14am | 288Yesterday’s -0.4% fall in the S&P 500 futures contract may have stung bulls a bit, but some giveback shouldn’t be a surprise at this point. /ES hasn’t closed more than 1% lower since June 18th, which was the start of a nearly 5% run-up in which only five trading days of the...
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Macy's Downgraded From S&P 500 To SmallCap 600 Index As Company's Market Cap Shrinks To $1.5B
Tuesday, March 31, 2020 - 9:53pm | 370Retailer Macy's Inc. (NYSE: M) will be removed from the S&P 500 Index later this week, S&P Dow Jones Indices announced late Tuesday. What Happened The Cincinnati-based company will instead become a part of the S&P SmallCap 600 Index on Friday. "Macy's has a market...
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Market Rise Stalls, but Remains Ahead For the Year, According to Two Indices
Wednesday, December 19, 2018 - 5:33pm | 460Two of the freight industry's leading indices reflect a market that isn't rising significantly sequentially but is still solidly above 2017 levels. -- The American Trucking Associations' For-Hire Truck Tonnage Index for November on a seasonally-adjusted basis was up 118.9 from...
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Are Traders Using Apple To Move Indices?
Thursday, December 11, 2014 - 12:39pm | 463Nic Chahine thinks that even though Apple Inc. (NASDAQ: AAPL) was reweighted from 25 percent to 12 percent on indices, traders and investors are still using it as the tail that wags the dog. Chahine is an options expert and the author of Create Income With Option Spreads, and he recently joined...
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ETFs for Europe Speculations
Wednesday, November 16, 2011 - 7:46am | 689Hardly a day passes without some news from Europe these days that could potentially move markets. Whether it's Greece backing down on a holding a referendum, Italy's Berlusconi finally resigning, or EFSF buying its own bond due to lack of demand, there's no shortage of drama for the saga....
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IWM Has The Clearest Structure
Monday, August 22, 2011 - 6:50pm | 111The IWM seems to have the clearest wave structure for the major indexes. It shows positive divergences in momentum and volume developing as it moves down in a 5th wave from the July high to complete a very deep ABC correction, or more likely the ... Go to http://www.SwingTradingDaily.com for full...