Tag: trading

Thanks to his success at Burlington Stores, Inc. (BURL), Thomas Kingsbury was recognized as one of the Top CEOs in Retail by Institutional Investor magazine and was inducted into the National Retail Federation’s Retail Industry Hall of Fame. Kingsbury se...

In his remarks, Federal Reserve Chairman Jerome Powell called the US banking system “sound and resilient” while essentially saying Silicon Valley Bank’s collapse was company specific more than overarching conditions that challenge financial instructions ...

Stocks rebounded hard last week after Wall Street pledged billions of dollars to help ease the strain on regional banks. The corresponding reversal pulled the NASDAQ’s 50-day moving average above the 200-day average, something we’ve been talking about for ...

Pivot, pop and drop, that describes the last three days of trading for the NASDAQ. The new week started out on the plus side and then lost strength right as the index made contact with the upper end of its...

Oracle Corporation (ORCL) has traded in a narrow range for nearly all of 2023. More than 90 percent of the time, shares bounced between $90 on the topside to $85 on the bottom. A 6.25 percent range is tight, maybe...

Sometimes the news and the prevailing narrative don’t match. Stocks were rolling higher on the belief the Federal Reserve was positioned to halt interest rates hikes due to tamer inflation. There was even some belief the economy could slow enough...

It’s a good thing stocks rebounded to start October trading; otherwise, it might have been catastrophic. The NASDAQ finished up September with a 52-week closing low but managed to stay within a whisker of its 52-week intraday low of 10,565.14....

The appetite for the stock market has exploded in recent months. Some of the reasons are explained by the increase in family savings during the pandemic, the inactivity, and the rise of digital channels. So, the presence of retail investors...