Mega-cap Technology Stocks to Drive Upward Moves The bulls were in full command of the stock market in 2021, with the S&P 500 advancing an impressive 26.9%. That was the S&P 500's third consecutive year of gains and its best performance since gaining 28.9% in 2019. Between 2010…
Technical Picture for the Stock Market Remains Bullish The first anniversary of when the World Health Organization designated the COVID-19 virus a global pandemic recently passed. The impact of the pandemic on the stock market was brutal and not seen since the market meltdown in 2008, which was triggered…
ORCL Just Became a Social Media Stock In what has been an otherwise rather boring year in the social media stock space, a huge move has totally upended the status quo: Oracle Corporation (NYSE:ORCL) is no longer just a cloud stock, but now also lays claim to being one…
Will There Be Stock Market Stimulus? The stock market, having been largely resilient since the initial COVID-19 downturn, has experienced its first hiccup post-recovery. With the pandemic still raging, there's the consistent threat that there could be more stock market tumult on the way due to the coronavirus,…
The Marijuana Stock Market Rebound We've Been Waiting For It has finally come. It took a while—longer than most of the marijuana stock market supporters would have liked—but pot stocks have finally swung back up into the black after a disappointing 2017. So, while all the haters were sitting around…
High Dividend Tech Stocks for 2017 A dividend yield is guaranteed money in your pocket, a payout for loyal supporters of a stock unlikely to see massive gains or falls in the near future. But what makes high dividend tech stocks for 2017 even better is that despite…
A New Addition to the Carl Icahn Portfolio This week, Carl Icahn, the notorious corporate raider and billionaire investor, set his eyes on a new target: Bristol-Myers Squibb Co (NYSE:BMY). We dug through his regulatory filings to see if this position matches earlier Carl Icahn predictions, and what we…
Is the Stock Market Open on Presidential Inauguration Day? A new day, a new president. As always, inauguration day for the next United States president will be a momentous occasion, not only for the country itself, but for the world. And, of course, by extension, the stock markets.…
Apple and Amazon Stock under Trump Technology stocks were pounded following Donald Trump’s surprise win in the presidential elections. The concerns were real; Trump had been openly targeting the tech heavyweights during his election campaign, ranging from issues as wide as outsourcing and non-payment of taxes to hiring…
Dow Jones May Slip on Brexit and China Concerns The Dow Jones Industrial Average (DJIA) is expected to trade lower in the stock market today as everybody focuses on Theresa May’s speech about Brexit. Moreover, Chinese President Xi Jinping's address in Davos is also in focus. Markets may take…
Dow Jones to Wait and Watch In news about the stock market today, the Dow Jones Industrial Average (DJIA) is expected to take its cue from the earnings announcements this week as the DJIA hovers around the 20,000 mark. The DJIA closed at 19,885.73 on Friday after losing 5.27…
Dow 20,000: Just Missed The Dow Jones Industrial Average came its closest to the 20,000 mark on Friday and rose about 64.51 points to close at 19,963. Nike Inc (NYSE:NKE), Goldman Sachs Group Inc (NYSE:GS), and Walt Disney Co (NYSE:DIS) were the big movers in the Dow Jones…
Dow Jones (DJIA) Gets Assurance from Fed Minutes The Dow Jones Industrial Average (DJIA) inched closer to the 20,000 mark as stocks were buoyed by the high auto sales numbers posted by the auto giants. The U.S. Federal Reserve also released its minutes, which gave clues to investors that there…
Can the Dow Jones (DJIA) Go Any Higher in 2017? The Dow Jones Industrial Average (DJIA) was phenomenal in 2016. The majority of analysts did not expect the DJIA to cross 19,000 after the Donald Trump presidential win, but it did exactly that. The Dow Jones today is at a…
Intel Envies Advanced Micro Devices The last time I wrote about Advanced Micro Devices, Inc. (NASDAQ:AMD), I suggested that the stock was showing bullish signals on the chart and could take out $10.00. A move by AMD stock to the $14.00–$15.00 chart level could be in the works for…
Dow Jones Index (DJIA) Posts Record Close on Good Economic Data The Dow Jones Industrial Average (DJIA) hit an all-time high on Monday as the stocks witnessed another strong day. The S&P 500 was lifted higher by the strong financial sector, and the NASDAQ also gained on the back of…
Dow Jones (DJIA), NASDAQ, and S&P 500 Post All-Time Closing Highs The stock markets ended at record highs on Monday on account of the jump in oil prices. There is renewed optimism that the Organization of the Petroleum Exporting Countries (OPEC) will agree to cut output. The…
NASDAQ Hits New Intraday High Stock prices took a pause Friday from their near-record levels on account of profit taking. Overall, the benchmark indexes gained for the second week in a row. The rally has been fueled by optimism that Donald Trump’s policies like lower tax rates, financial…
Stock Market News: Tech Stocks Rise The Dow Jones Industrial Average (DJIA) and the S&P 500 ended the trading session on Thursday marginally higher, and the NASDAQ posted good gains. Expectations of high growth and inflation are getting stronger as President-elect Donald Trump fills key posts which, together…
Pfizer Stock: Benefiting From Trump Healthcare Policies Pfizer Inc. (NYSE:PFE) stock has been surging after the stunning victory of Donald Trump for the Whitehouse’s top spot, on hopes that his healthcare policies will benefit biotech companies. Pfizer stock, which is one of the biggest global pharmaceutical firms, is leading…