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Nasdaq Stocks

Stocks Settle Mixed as Tech Stock Rally Loses Steam

2 years 8 months ago
The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.37%. Stock indexes on Friday settled mixed. The S&P 500, Dow Jones Industrials, and Nasdaq...

Cable One (CABO) Shares Cross Below Book Value

2 years 8 months ago
In trading on Friday, shares of Cable One Inc (Symbol: CABO) crossed below their last reported book value — defined as common shareholder equity per share — of $420.00, changing hands as low as $405.75 per share. Cable One Inc shares are currently trading off about 7.7% on the

Record High Stocks Weigh on the Dollar

2 years 8 months ago
The dollar index (DXY00 ) this morning is slightly lower but remains above Thursday’s 3-week low. The dollar is under pressure today from the rally in the S&P 500 to a new record high, which has curbed liquidity demand for the dollar. Lower T-note yields today are also undercutting the...

Will the Dollar Index Move Out of its Trading Range?

2 years 8 months ago
The dollar index measures the U.S. currency against the other leading reserve currencies. The euro has the highest exposure at 57.6%. Interest rate differentials are the most significant factor for the path of least resistance of the dollar index.

Mexican Peso: Will the Peso Surge Due to Monetary Policy and a Seasonal Buy?

2 years 8 months ago
Who will cut rates first, Banxico (Mexico's Central Bank) or the Federal Reserve (US Central Bank)? With a 5.75% spread (favoring Mexico) of short-term interest rates, the carry trade has money flowing into the Mexican Peso. As both countries prepare for upcoming elections, there is sure to be volatility in both currencies. How can traders take advantage of this information?

S&P 500 Analyst Moves: CNP

2 years 8 months ago
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, CenterPoint Energy (CNP) is now the #240 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each comp

Oversold Conditions For Warner Bros Discovery (WBD)

2 years 8 months ago
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me

RSI Alert: Galapagos (GLPG) Now Oversold

2 years 8 months ago
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me

Guardant Health Becomes Oversold (GH)

2 years 8 months ago
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me

RSI Alert: Fox Factory Holding Corp (FOXF) Now Oversold

2 years 8 months ago
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me

Oversold Conditions For QuantumScape Corp (QS)

2 years 8 months ago
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me

Stock Indexes Climb to Record Highs on a Tech Fueled Rally

2 years 8 months ago
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.44%. Stock indexes this morning extended Thursday’s sharp rally, with the S&P 500, Dow...
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