The bulls have woken the sleeping GBP/USD. Since mid-December 2023, the GBP/USD weekly chart has seen sideways trading activity. The past five trading days have seen a 1.55% increase in value, adding to a year-to-date .94% increase. The question becomes, will the rally continue? As the UK's fiscal first quarter begins in April, a seasonal pattern of higher prices has occurred.
The recent Costco COST and AutoZone AZO quarterly releases kick-started the 2024 Q1 earnings season. We have another four S&P 500 members on deck to report Q1 results this week, including Oracle ORCL on Monday, March 11th, and
PPL (PPL) ended the recent trading session at $27.18, demonstrating a +1.12% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.65%. On the other hand, the Dow
AngioDynamics (ANGO) closed at $5.67 in the latest trading session, marking a -1.39% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.65% for the day. On the other hand, the Dow regist
Paramount Global-B (PARA) closed at $10.93 in the latest trading session, marking a +1.2% move from the prior day. This move outpaced the S&P 500's daily loss of 0.65%. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-hea
Coterra Energy (CTRA) closed the most recent trading day at $26.36, moving +0.76% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.65%. Meanwhile, the Dow lost 0.18%, and th
In the latest trading session, Alcoa (AA) closed at $29.85, marking a -0.07% move from the previous day. This change was narrower than the S&P 500's 0.65% loss on the day. On the other hand, the Dow registered a loss of 0.18%,
Expedia (EXPE) ended the recent trading session at $135.78, demonstrating a +1.76% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.65%. Elsewhere, the Dow saw a down
In the latest trading session, Canadian Solar (CSIQ) closed at $20.63, marking a -0.63% move from the previous day. This change was narrower than the S&P 500's 0.65% loss on the day. On the other hand, the Dow registered a los
The most recent trading session ended with Hercules Capital (HTGC) standing at $18.11, reflecting a -0.22% shift from the previouse trading day's closing. This move was narrower than the S&P 500's daily loss of 0.65%. Elsewher
Main Street Capital (MAIN) closed the most recent trading day at $45.85, moving -0.33% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.65%. Meanwhile, the Dow lost 0.18%, and t
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.65%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.18% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.53%. Stock indexes on Friday gave up early gains and closed moderately lower. Stocks on...
The dollar index (DXY00 ) on Friday fell by -0.09% and posted a 7-week low. The dollar on Friday was under pressure after the U.S. Feb unemployment report bolstered expectations for the Fed to begin cutting interest rates by the June FOMC meeting. Friday’s fall in the 10-year T-note yield...
April WTI crude oil (CLJ24 ) on Friday closed down -0.92 (-1.17%), and Apr RBOB gasoline (RBJ24 ) closed down -2.76 (-1.08%). Crude oil and gasoline prices on Friday erased an early advance and turned lower on Chinese energy demand concerns. Also, Friday's stock weakness undercut confidence in the economic...
April Nymex natural gas (NGJ24 ) on Friday closed -0.013 (-0.72%). Nat-gas prices on Friday posted moderate losses and fell to a 1-1/2 week low. Warm U.S. winter temperatures and ample nat-gas supplies are weighing on nat-gas prices. Maxar Technologies said on Friday that weather forecasts have shifted warmer for...
In trading on Friday, shares of BridgeBio Pharma Inc (Symbol: BBIO) crossed below their 200 day moving average of $28.76, changing hands as low as $28.71 per share. BridgeBio Pharma Inc shares are currently trading off about 3.4% on the day. The chart below shows the one year
In trading on Friday, shares of Moderna Inc (Symbol: MRNA) crossed above their 200 day moving average of $102.00, changing hands as high as $103.95 per share. Moderna Inc shares are currently trading up about 3.6% on the day. The chart below shows the one year performance of M
Taiwan Semiconductor’s AI revenue is growing at a rate of 50% annually, which is expected to continue through at least 2027. However, as 'AI bubble' chatter grows, TSM stock still looks cheap, based on its forward p/e.
The largest business segment for the company is high-performance computing (HPC), which accounted for 43% of revenue last year. This segment includes the GPUs needed for training AI, but also includes the other chips needed to build data centers.
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
In trading on Friday, shares of SBA Communications Corp (Symbol: SBAC) crossed above their 200 day moving average of $224.03, changing hands as high as $224.16 per share. SBA Communications Corp shares are currently trading up about 2.5% on the day. The chart below shows the o