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Big-box retailer Bed Bath & Beyond (NASDAQ:BBBY) reported a significant loss for its fiscal third quarter and a major decline in sales as the company struggled to cushion the prolonged cash burn...
Wall Street rose on TuesdayYesterday has been a positive day for the US stock market.All three major indexes have closed in profit.The S&P 500 closed at +0.70%, the Nasdaq ended the trading...
The S&P 500 is anticipated to suffer its first year-over-year earnings decline since Q3 2020 I believe stocks in the Energy and Industrials sectors are set to stand out in the current...
Financial conditions should remain relatively stable for the near future Accordingly, the S&P 500 could trade in a tighter range than it did in the last few years Such a scenario could generate...
US tech stock rose on MondayYesterday has been a negative day for Wall Street except for the Nasdaq.The S&P 500 closed at -0.08%, the Nasdaq ended the trading session at +0.63% and the Dow Jones...
A few weeks ago, I wrote an article outlining how the S&P 500 fooled investors twice based on recent economic reports: Now, I want you to take a moment and think about the main highs and lows we...
The stock market could be entering a period of short-term strength within a longer-term downtrend.Below is a chart of the S&P 500 ETF (SPY) in the top panel and the MACD ( a momentum indicator) in...
A healthy close to Friday's action saw confirmed accumulation across leading indexes, but not all managed to escape their trading ranges. The Dow Jones Industrial Average gained over 2% with a new ADX...
Here are My Top 5 Trading Resolutions for 2023
Despite a 33% decline in the Nasdaq, this key stock market index remains inside of this 13-year rising channel.Barely. Today’s long-term weekly chart of the Nasdaq Composite...
Shares of Bed Bath & Beyond (NASDAQ:BBBY) are down more than 12% in the market pre-open after the retailer warned of potential bankruptcy. The company also said it is bracing for a notable Q3 loss...
The tendency of major U.S. tech companies cutting workforce to balance economic slowdown has continued in 2023. Two of the largest U.S.-based tech companies - Amazon (NASDAQ:AMZN) and Salesforce...
Worries over rising interest rates, persistently high inflation, and slowing economic growth have been the primary drivers of market sentiment in recent months Investors will continue to pile into...
The new year is well underway - and the market - well, it hasn't done a whole lot since I last left it. People stopped believing in Santa, and market action remains slushy into the new year.The...
The expected long-run return for the Global Market Index (GMI) ticked lower in December, slipping below 6% annualized, based on the average forecast for three models. Today’s estimate is roughly...