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2023-06-07 12:02:37 ET Major market averages were seeking direction during Wednesday's midday session ahead of CPI data and the Fed's policy meeting next week. Tracking individual stocks, Stitch Fix ( NASDAQ: SFIX ) shares rose and Casey's General Stores ( NASDAQ: CASY )...
2023-06-07 07:08:58 ET Cathie Wood has yet again shown confidence in Coinbase Global ( NASDAQ: COIN ), snapping up more than 400K shares across three actively managed ETFs, as the cryptocurrency exchange's shares plunged after an SEC lawsuit. Coinbase ( COIN ) tumbled ...
2023-06-02 04:10:21 ET Summary PagerDuty reported Q1 revenue growth of 21% YoY but provided weak revenue guidance for Q2. The company's customer data figures showed a sequential decrease in total paid customers for the second consecutive quarter. Shares dropped more than 11% i...
2023-05-30 12:00:00 ET Summary The traditional 60%/40% portfolio has definitely felt a drag from the bond side of the equation. Expected tech sector EPS growth remains pretty punk for 2023, even after Nvidia’s earnings last week. Technology as a sector does better when ...
2023-05-30 10:04:51 ET Cathie Wood's Ark Invest said Tuesday that Tesla’s ( NASDAQ: TSLA ) Cybertruck can disrupt the retail truck market just as the firm's flagship EV has been doing for the car space. The investment firm, known for its ETFs focused on disruption and inn...
2023-05-27 05:49:36 ET Summary Basically, this is the very news that the tech industry had hoped for after seeing steep drops in valuations for some firms. 'US equities are being powered by the bet on AI because of high exposure to tech mega-caps,' says Bloomberg of Citibank...
2023-05-27 02:25:00 ET Summary The US stock market is having itself a pretty decent year so far in 2023, all things considered. This week we focus on another unusual characteristic of the stock market – the extreme narrowness of outperformance, dominated almost exclusively ...
2023-05-26 22:14:00 ET Summary The S&P 500 has been closing in on new 52-week highs as the index gains another 1.3% heading into the long weekend. Indicating what has broadly been mediocre breadth at best, the only two sectors with relative strength lines that are currently mo...
2023-05-25 01:30:00 ET Summary Leading economic indicators (LEIs) are still pointing to a likely recession in the US. You wouldn't know it by the behavior of the stock market, however, given the massive bull run in tech stocks so far this year. Unfortunately, the majority of c...
2023-05-23 13:17:50 ET Summary Zoom Q1 beats on top and bottom lines. Q2 guidance okay, but key metrics still weakening. Growth story likely not as rosy as management is portraying. After the bell on Monday, we received fiscal first quarter results from Zoom Vide...
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2024-07-19 20:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-29 04:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-04-29 10:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...