Two major market outperformers could be due for a pullback
Two major market outperformers could be due for a pullback from CNBC. December’s destruction is already fading from view. Since last month’s lows, the average S&P 500 stock has bounced 15 percent with some high [...]
Retail stocks could rally another 10 to 15 percent from here, says technician
Retail stocks are turning a new leaf in the new year. After ending 2018 with their worst quarter since 2008, the group has rallied more than 6 percent since the first trading day of the [...]
Biotech’s breaking out, and here’s why some market experts think an even bigger rally is ahead
The biotech rally may be just getting started. That’s according to Piper Jaffray technician Craig Johnson after the biotech-tracking ETF IBB rallied more than 3 percent on Monday on yet more merger talk in the space. Johnson [...]
Netflix led FANG trade in 2018, but this tech giant could take the top spot this year
A winner has emerged in the FANG trade. Netflix topped the group in 2018 with a 39 percent rally, blazing past runner-up Amazon, which gained 28 percent and Facebook and Google parent Alphabet, which ended the year in the red. [...]
The best-performing sector last year could be the top bet for 2019, technician says
Health-care stocks did not just survive a volatile 2018. They thrived. The S&P 500 sector ended the year up 4 percent, the only positive area of the market, while components of the XLV health-care ETF such as Eli Lilly, Merck and Pfizer ended with [...]