Today focus will be on the New York Fed 1-Year Consumer Inflation Expectations (E: 3.0%), which is a bit atypical. On Friday, one year inflation expectations jumped but it was because of tariff concerns and as such, it’s not going to impact the Fed. However, if we see another jump...
Tesla, Abbott Labs among 10 S&P 500 stocks making fresh lows Ten stocks in the S&P 500 hit new 52-week lows on Thursday: Tesla (TSLA) trading at lows not seen since June, 2021 Estee Lauder (EL) trading at lows not seen since Sept, 2020 Comerica (CMA) trading at lows not seen since...
For instance, New York Stock Exchange (NYSE) stocks making new 52-week highs are now outpacing ones making 52-week lows for much of the last few months, suggesting high and rising breadth. In addition, 61.8% of S&P 500 companies, 70.5% of NDR small-cap, and 72.3% of Nasdaq 100 stocks...
The psychology of a stock making a big move is important to understand. A stock squeezes up and traders rush to buy up shares. Perhaps early short sellers are also forced to buy back shares, and this creates a rapid move up. Following a big move, there is a natural tendency for the ...
A Penny Stock Making New Highs or Lows When we talk about significant levels on a penny stock chart, the daily range should be considered. At daily highs, you might be able to identify new, bullish trade opportunities based on market momentum. There’s a reason stocks rise and if you see...
The stock market has been on a wild ride this year. Some equity indices were at all-time highs in mid-February before falling to multiyear lows in mid-March. The rebound since March 23 has been impressive. But how has yourportfoliodone this year?
Case-in-point: Investors who bought a broad basket of stocks at the bottom of the 2008-2009 financial crisis are likely sitting on triple-digit total returns from those purchases today. The Dangers of Investing In Monthly Dividend Stocks Monthly dividend stocks have characteristics that make them...
We are putting L&T Infotech on HOLD post the sharp rally in the stock from it’s march lows.At current level the stock is trading at P/E of 19.3xFY2022 EPS estimates of INR 107.3 which is on the higher side. We would evaluate the company post the TCS numbers on the 9th of Jul’20...
But you should be aware of some drawbacks associated with the beta before making any decisions. The first drawback is that beta doesn’t tell you anything about the future. It’s a historical measure that looks back at how a stock has performed in the past. This means that a stock can...
U.S. stocks are falling back near session lows Tuesday afternoon in uneasy market conditions marked by a day of choppy day trading.