Markets Right Now: Stocks edge higher in midday trading

January 24, 2019 By: adminbackup

NEW YORK (AP) — The latest on developments in financial markets (all times local):11:45 a.m.Stocks are mostly higher in midday trading on Wall Street as investors react to the latest earnings reports from corporate America.Technology companies are climbing Thursday and American Airlines is rallying after it beat analysts’ expectations.Spice maker McCormick plunged 13 percent after reporting a...

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‘Buy Starbucks’ into earnings, says top technical analyst

By: adminbackup

Starbucks shares are heating up. The coffee chain has rallied more than 13 percent in the past three months, shaking off a broad decline on the S&P 500, to get back within range of record highs. Ahead of its earnings report after the bell Thursday, one top technician says it looks like a buy."The trend looks pretty good," Piper Jaffray chief market technician Craig Johnson said...

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Small-Caps Slack on Rebound

January 23, 2019 By: adminbackup

U.S. markets showed strength for the 4th-straight session following positive trade negotiations with China after the country offered a 6-year boost in imports. According to reports, China would increase its annual import of U.S. goods by a combined value of over $1 trillion. China pegged its proposal to buy more U.S. goods through 2024 in a deal that would aim to reduce that annual trade...

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As the markets test a key level, history suggests there’s more upside ahead

By: adminbackup

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Bears Push 50-Day Moving Averages

January 22, 2019 By: adminbackup

U.S. markets showed strength for the 4th-straight session following positive trade negotiations with China after the country offered a 6-year boost in imports. According to reports, China would increase its annual import of U.S. goods by a combined value of over $1 trillion. China pegged its proposal to buy more U.S. goods through 2024 in a deal that would aim to reduce that annual trade...

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Fourth Week in the Green Thanks to Earnings, Trade

By: adminbackup

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