I’ve been taking notice of the Dow transports in recent sessions, as the index lagged the broader market on Friday but managed to hold just above key support. Here’s why I’m watching the group, and particularly airline stocks. The 200-day moving average has proved solid support for the Dow Jones […]
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This housing stock is surging, but now is the time to ‘take your money and run,’ says technician
The homebuilders have been soaring this year, but one technician says there could be trouble ahead for one surging name: D.R. Horton. The company has been on a tear, jumping 77 percent in 2017 and hitting another all-time high on Monday. The homebuilder is the largest component in the ITB, […]
American students try harder if you pay them, economists found
American high school students score higher on low-stakes tests and are more willing to answer test questions when they are motivated by cash, according to new economic research. Giving high school-aged students money as a reward for performing well improved scores by roughly 5 percent, according to economists at the […]
Money gets American students to try harder, economists found
American high school students score higher on low-stakes tests and are more willing to answer test questions when they are motivated by cash, according to new economic research. Giving high school-aged students money as a reward for performing well improved scores by roughly 5 percent, according to economists at the […]
Nebraska commission approves Keystone XL route, clearing obstacle for disputed oil pipeline
The Keystone XL pipeline passed a major hurdle on Monday after Nebraska regulators approved the route for the project, which faced opposition from environmentalists and the Obama administration. The approval is also something of a victory for President Donald Trump, who overturned his predecessor’s decision on a pair of controversial […]
Square’s stock is up 220% this year, but charts point to trouble
It’s been hip to be Square this year. Shares of the mobile payment stock have surged 222 percent in 2017, including 13 percent last week alone following the announcement that it would begin testing bitcoin on its app and a big analyst upgrade. Evercore ISI upgraded Square to outperform on […]
The bears may have missed their last chance to feast on 2017’s stock market
One week ago, a full buffet seemed to open up in front of Wall Street’s underfed bears. Stocks in Europe and Japan, leaders all year, were in sharp pullbacks and Chinese growth numbers fell a bit short. Prices for high-yield corporate debt, a key support for equities, were sagging and […]
‘Justice League’ faces a steep climb to $1 billion as opening weekend falls short of $100M mark
Time Warner‘s Warner Bros. has yet to score a billion-dollar global hit with its series of interconnected DC comics movies, despite featuring heavyweights like Batman and Superman. The studio’s latest blockbuster, the superhero team-up “Justice League,” appears poised to extend the streak. The movie is pacing for a $96 million […]
Thanksgiving week is usually good for stocks
Stocks have a good chance of trading higher in the week ahead, if the typical Thanksgiving holiday week trading patterns take over. The S&P 500 has averaged a gain of 0.6 percent during Thanksgiving week, and has been higher 75 percent of the time since 1945. In the years when […]
‘Justice League’ faces a steep climb to $1 billion as middling reviews roll in
Time Warner‘s Warner Bros. has yet to score a billion-dollar global hit with its series of interconnected DC comics movies, despite featuring heavyweights like Batman and Superman. The studio’s latest blockbuster, the superhero team-up “Justice League,” appears poised to extend the streak. As the North American opening for “Justice League” […]