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Wall Street Set For Subdued Start As Traders Await All-Important Inflation Data, Bitcoin Tops $61K: Fund Manager Flags This Event As Pivotal To Near-term Market Recovery
Wednesday, August 14, 2024 - 7:11am | 1322The major index futures are pointing to a nervous start ahead of the consumer price inflation report that is due at 8:30 a.m. EDT. Bond yields are slipping ahead of the inflation data. If the report confirms a continued let-up in pricing pressure, the Federal Reserve may be forced to cut rates....
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A Look At The Dow And FANG Stocks In 2019
Thursday, April 11, 2019 - 4:30pm | 672Legacy "blast from the past" stocks including Cisco Systems, Inc. (NASDAQ: CSCO) and IBM (NYSE: IBM) are among the Dow's top performers so far in 2019, CNBC's Mike Santoli said on a recent "Trading Nation" segment. Are any of these names a compelling buy at today...
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4 'Tariff-Proof' Stock Picks From A Pro
Thursday, November 29, 2018 - 12:16pm | 461Investors looking for stocks that are fully "tariff-proof" should look at companies that derive the vast majority of their revenue domestically with a focus on the "strong consumer," Strategic Wealth Partners CEO said during a recent CNBC "Trading Nation" segment...
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Here's What Happened The Last Time Twitter Traded At A Big Premium To The 50-Day Moving Average
Wednesday, June 13, 2018 - 2:41pm | 354If past performance is a predictor, Twitter Inc (NYSE: TWTR)'s stock is going to fall 20 percent, according to Frank Cappelleri, a senior equity trader at Instinet. What Happened Twitter's stock surpassed its 50-day moving average in early May, and strong momentum has now pushed...
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S&P 500 Technical Bear Trap Rekindles Debate Over The Validity Of Chart Patterns
Monday, June 13, 2016 - 10:18am | 338A recent failed head and shoulders technical pattern in the S&P 500 has once again raised the age-old debate about whether technical chart patterns are actually useful to traders. MarketWatch reported the bearish head and shoulders pattern that the S&P 500 formed from March to May was...