The stock market set another round of record highs on Thursday following better-than-expected jobs data and a boost in energy stocks. Specifically, initial claims for state unemployment benefits dropped 14,000 to 340,000, the lowest level since mid-March 2020. Meanwhile, the energy sector jumped over 2% while reversing most of the losses suffered during the previous three sessions as a sharp...
Continue reading >>Apple has become ridiculously oversold. After pulling back from $157.50 to $143.43, the stock appears to have caught strong support dating back to July. From here, we’d like to see a bearish gap refill around $148. It’s also wildly oversold on RSI, MACD, and Williams’ %R at the moment. Helping, Wedbush analyst Dan Ives says that it’s time to buy the dip in tech stocks, as noted...
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The stock market set another round of record highs on Thursday following better-than-expected jobs data and a boost in energy stocks. Specifically, initial claims for state unemployment benefits dropped 14,000 to 340,000, the lowest level since mid-March 2020. Meanwhile, the energy sector jumped over 2% while reversing most of the losses suffered during the previous three sessions as a sharp...
Continue reading >>
The stock market set another round of record highs on Thursday following better-than-expected jobs data and a boost in energy stocks. Specifically, initial claims for state unemployment benefits dropped 14,000 to 340,000, the lowest level since mid-March 2020. Meanwhile, the energy sector jumped over 2% while reversing most of the losses suffered during the previous three sessions as a sharp...
Continue reading >>
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Continue reading >>