article_opinion

The S&P 500 is so close to crossing this crucial level and challenging the bear market's trend line

The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line

The S&P 500 index may be about to secure two major bullish SPX, -0.03% milestones. First, the S&P has rallied from that mid-June low right up to the major resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a challenge of the downtrend line defining …

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Take a bow, Lisa Su: AMD's data-center business is a true rival to Intel

Take a bow, Lisa Su: AMD’s data-center business is a true rival to Intel

Advanced Micro Devices Inc. finally gave investors a direct look at its data-center business Tuesday, and Wall Street should be happy with the business that Lisa Su & Co. have rebuilt. In the first quarterly report from AMD AMD, +2.59% to include a long-desired breakdown of the server business, the chip maker reported $1.5 billion …

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Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because their size shows their strength. During the last week, all of Big …

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Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched …

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Only 10% of new homes now sell for less than $300,000. Two years ago, a third did. It's not just because of the pandemic.

Only 10% of new homes now sell for less than $300,000. Two years ago, a third did. It’s not just because of the pandemic.

Homeownership became out of reach for millions of Americans following the recent boom in home prices. Lower-income families have been hit especially hard, with the share of new homes selling for under $300,000 plummeting to 10% from 35% in just two years. A number of factors, including more than a decade of limited homebuilding, a …

Only 10% of new homes now sell for less than $300,000. Two years ago, a third did. It’s not just because of the pandemic. Read More »

'I see buying opportunities.' How this stock trader with 40 years of experience makes money in a bear market

‘I see buying opportunities.’ How this stock trader with 40 years of experience makes money in a bear market

Howard Kornstein, a professional trader with more than 40 years’ experience in stocks, options and futures, developed and fine-tuned his strategies while facing every imaginable market environment. He has little patience for those who claim they can’t make money trading, even during the current bear market.  “This bear market is mild,” Kornstein says. “I see …

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'Liquidation panic' has taken over the stock, bond and crypto markets -- and this may be the beginning of the end

‘Liquidation panic’ has taken over the stock, bond and crypto markets — and this may be the beginning of the end

The U.S. stock market is experiencing a liquidation panic where everything is getting sold. The good news is such panics usually don’t last long. Analysis from Rob Hanna of Quantifiable Edges suggests a rare Inverse Zweig Breadth Thrust (ZBT). Although the sample size is small (n=10 since 1926), the bearish implications of the study are …

‘Liquidation panic’ has taken over the stock, bond and crypto markets — and this may be the beginning of the end Read More »