If you want to book consistent gains trading stocks, you have to know where the money is flowing.Right now, if your cash is tied up in consumer staples and industrial names, you’re doing it all wrong. These aren’t the stocks that are outperforming the S&P 500. You’d be better off buying an index fund and spending the rest of your […]
On Wednesday afternoon, Rite Aid (NYSE: RAD) presented a nice swing-trading opportunity with an excellent set-up.
Consumer staples stocks pulled back a bit through June, offering good entry points to get into some up-trending stocks. RAD has followed suit, and looks like a no-brainer buy at current prices.
Since the beginning of 2013, RAD has gained a whole lot — 422.79 percent, […]
Benchmarks finished Tuesday’s session with meager losses as investors awaited the outcome of Thursday’s ECB meeting and the monthly US jobs report on Friday. Encouraging reports on factory orders and upbeat monthly car sales numbers failed to boost investor sentiment. Tuesday’s losses caused the S&P 500 and the Dow to retreat from their previous day’s record highs, while the Nasdaq […]
Merger and acquisition activity in the food industry and better-than-expected initial claims helped benchmarks close in the green on Thursday. Investors chose to focus on the positives rather than on GDP data that showed the economy contracted in the first quarter. Thursday’s gains helped the S&P 500 hit an intraday high and close on a record high for the […]
Merger and acquisition activity and expectations that ECB will reduce key lending rates helped benchmarks end higher on Tuesday. Tuesday’s gains led the S&P 500 to a record high for the second straight session. The Nasdaq reached its highest level in almost eight weeks boosted primarily by gains in the technology sector. The day’s encouraging economic numbers on manufactured durable […]
Current Affairs News:AdvisorShares: Market rise sheds light on investor bias
Benchmarks ended higher on Wednesday boosted primarily by the encouraging minutes from the FOMC meeting. Fed officials discussed monetary tightening while remaining flexible on such a measure. They also discussed approaches to hiking rates, but clarified this was not an indication that rates would be hiked immediately. Meanwhile, gains from consumer discretionary and energy stocks also helped benchmarks finish in […]
Benchmarks suffered their worst losses in five weeks on Thursday, dragged down by declines in small-cap stocks and Wal-Mart’s disappointing numbers. The S&P 500 slumped the most in a month and the Dow registered its biggest drop since April 10. Investors were also concerned about Euro zone’s less-than-expected first quarter GDP growth.For a look at the issues currently facing the […]
Benchmarks finished in the green on Monday as encouraging services sector data outweighed concerns emanating from escalating Ukraine-Russia geopolitical tension. The increase in ISM Services Index also offset jitters related to weak Chinese manufacturing data. The S&P 500 and Nasdaq were also boosted by Apple’s stock closing above $600 for the first time in over a year.For a look at […]
The Federal Reserve’s upbeat view on the economy’s prospects and their decision to further trim the monthly bond repurchase plan helped benchmarks end higher on Wednesday. The day’s initial decline owing to weak first-quarter economic growth was completely offset by the time markets closed. The Dow closed at a record high and the S&P 500 closed just 7 points […]