Retail just did something it hasn’t done since 2008, and it could point to a bigger rally
Retail stocks rallied Wednesday after what appears to be the best holiday shopping season in six years. Wednesday’s pop notwithstanding, it’s been an otherwise bleak month for retail stocks as a whole. The XRT, which tracks a basket [...]
One chart suggests this S&P 500 monster rally is just getting started
The Dow just roared 1,000 points higher in a single session after December sell-offs swept its internals to extremes. Before Wednesday’s session, more S&P 1500 stocks were at 52-week lows than any other time since November 2008. [...]
As stocks trade at extremes, traders see bigger comeback brewing
<iframe src="https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000057141&size=640_360" width="640" height="360" type="application/x-shockwave-flash" allowFullScreen="true" bgcolor="#131313"></iframe><p><a href="https://www.cnbc.com/video/2018/12/26/as-stocks-trade-at-extremes-traders-see-bigger-comeback-brewing.html?__source=cnbcembedplayer">As stocks trade at extremes, traders see bigger comeback brewing</a> from <a href="//www.cnbc.com/?__source=cnbcembedplayer">CNBC</a>.</p> More stocks are trading at 52-week lows than at any time since November 2008. Those [...]
The man who called GE to $6.66 now sees this ahead
They say you have to dance with the devil to get out of hell, and that might be what just happened with General Electric. Nearly a decade after hitting its financial crisis low of $6.66, [...]
FedEx tanks on earnings, but charts point to holiday relief rally ahead
FedEx is tumbling after hours following its earnings release. The stock is down 4 percent after the bell and tracking for its worst month in nearly a decade. The package-delivery company has plummeted 20 percent in [...]