Metals and energy stocks continue to retreat, while McDonald’s joins the pullback parade of stocks becoming increasingly oversold above the 200-day moving average. Read more in today’s 7 Stocks You Need to Know.
Have traders begun to take profits in the energy sector? Find out what stocks are most likely to pull back to oversold territory over the next few days in our latest 7 Stocks You Need to Know column.
Buying in metals is helping keep stocks like Freeport McMoran aloft as the broader market takes a pause. Find out what other stocks to be on the lookout for in our latest edition of 7 Stocks You Need to Know.
Traders bid energies higher to end a week of strong, overall stock market movement to the upside. Read what stocks are likely to make next week’s headlines in the latest 7 Stocks You Need to Know.
Financials helped power the market higher as stocks followed through to the upside for a second consecutive trading day. Read more about the stocks that are headed for Friday’s business headlines in our latest 7 Stocks You Need to Know.
Stocks raced higher out right off the bat Wednesday morning and powered through the session into the close. Overbought materials stocks, buying in retail and more in our latest 7 Stocks You Need to Know.
Sellers were most aggressive in the financial sector, with some of the biggest pullbacks in some of the biggest banks. A late intraday rally – and continued strength in retail – helped trim the market’s overall losses ahead of Tuesday’s open.
Sellers continued to press their offensive on Tuesday, sending even more stocks tumbling toward oversold territory above the 200-day moving average ahead of trading on Wednesday.
If you’re feeling more confident about buying stocks for a trade, then keep this one trading rule in mind: buy the market after it’s dropped – not after it’s risen. David Penn explains why.