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Stock Market News and Commentary

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Mon, Jun 10th, 2024
Stocks Settle Higher Ahead of the Tue/Wed FOMC Meeting

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stock indexes on Monday...

$SPX : 5,360.79 (+0.26%)
SPY : 535.66 (+0.31%)
$DOWI : 38,868.04 (+0.18%)
DIA : 389.29 (+0.21%)
$IUXX : 19,074.67 (+0.39%)
QQQ : 464.83 (+0.40%)
ZNU24 : 109-030s (-0.20%)
APA : 29.47 (+2.15%)
BKR : 32.44 (+2.53%)
FANG : 193.97 (+1.93%)
HAL : 34.51 (+1.26%)
SLB : 44.98 (+0.97%)
Yext's (NYSE:YEXT) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 13.9%

Yext's (NYSE:YEXT) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 13.9%

YEXT : 5.04 (-2.14%)
Calavo (NASDAQ:CVGW) Surprises With Q1 Sales, Stock Jumps 11.9%

Calavo (NASDAQ:CVGW) Surprises With Q1 Sales, Stock Jumps 11.9%

CVGW : 24.99 (-1.65%)
SPDR Energy ETF ( $XLE) Found Sellers at the Blue Box Area as Expected.

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Energy ETF (XLE) . The decline from 5.31.2024 high at $93.45 unfolded as 5 waves impulse....

XLE : 90.67 (+0.76%)
Are Analysts Giving Up on the Growth Story for This AI Stock?

Muted guidance from this growth company disappointed the Street. Is the sharp selloff an overreaction, or is it justified?

CXM : 8.96 (+0.45%)
RDDT : 59.63 (-0.28%)
BAC Keeps Reacting Higher From The Blue Box Area

This technical blog will look at the past performance of the 1-hour Elliott Wave Charts of (BAC) . We presented to members at the elliottwave-forecast. The rally from 30 May 2024 low unfolded as an impulse...

BAC : 39.67 (-0.28%)
Is Pfizer Stock Underperforming the Nasdaq?

Pfizer has recently lagged the Nasdaq Composite, but analysts are optimistic about the stock’s prospects.

PFE : 28.07 (-1.78%)
$NASX : 17,192.53 (+0.35%)
AZN : 80.21 (+0.24%)
McDonald's MCD Started a Retracement as Wave (II)

McDonald's (MCD) is the world's largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. It is best known for its hamburgers,...

MCD : 253.81 (-0.94%)
Is Amgen Stock Outperforming the S&P 500?

Amgen has outperformed the S&P 500, and analysts remain optimistic about the stock’s prospects because of the positive Phase 2 clinical trial data of its obesity drug MariTide.

AMGN : 304.72 (-0.10%)
$SPX : 5,360.79 (+0.26%)
LLY : 865.00 (+1.77%)
NVO : 143.63 (+0.52%)
BIIB : 225.98 (+0.24%)
How Is NextEra Energy's Stock Performance Compared to Other Utilities Stocks

NextEra Energy has outperformed other utility stocks over the past three months, but analysts remain cautiously optimistic about the stock’s prospects.

NEE : 76.97 (+2.10%)
XLU : 70.84 (+1.29%)
DUK : 102.52 (-0.10%)

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Nvidia MONSTER Insider Trading Alert 🚨 Tench Coxe, the 3rd largest Nvidia shareholder who acquired these shares in 1997, just dumped $120 million worth of $NVDA shares https://t.co/GJRkUBDlYp https://t.co/pP0Fmboamk
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Tesla $TSLA CEO Elon Musk's $56 billion pay package unlikely to receive shareholder approval warns Bernstein https://t.co/VeT4htpzpQ
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Absolutely horrendous 2024 chart for McDonald's $MCD. Nothing but lower lows and lower highs all year! https://t.co/v75z9MFDAo
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S&P 500 continues to hit record highs on EXTREMELY low volume. Today was the 4th lowest volume day of the year for $SPY. Three of this year's four lowest volume days have come in the last week. All 4 of the lowest volume days have come in the last 3 weeks. https://t.co/jj7cHC5ZNr
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Tesla $TSLA gearing up for a potential big move in either direction. Bollinger Bands have hit their tightest level since June 2020! https://t.co/eyGtEQrOL3
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Regional Banks $KRE falling to lowest level since April and getting dangerously close to the low of the year https://t.co/RaAWgbqc1t
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Apple $AAPL CEO Tim Cook at #WWDC24 today https://t.co/Jp6CjbY6pf
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Today's 4 Stock Market Movers: $CRWD $AVGO $ILMN $ADBE https://t.co/PHmlBd7X5c
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Fear hits the Stock Market again 👻😱 https://t.co/eNQ5OeZW2x

Chart of the Day

Camtek Ltd (CAMT)

Author's Note: Camtek (CAMT) was last featured in Chart of the Day on January 19th when it closed at $76.35. Friday it made another All Time High and closed at $109.42 - a 43.31% gain. The Chart of the Day belongs to the technology company Camtek (CAMT) . I found...
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