Groupon provides an e-commerce platform that connects customers with local businesses offering discounted deals. Some of their partners might include local merchants such as restaurants, gyms, and event organizers. The company earns a...
Read MoreFor the week, the Nasdaq zoomed 7.2% while the S&P soared 5.3%. The Dow jumped 3.4% and the Russell rose 4.3% with the former index joining the Nasdaq and the S&P in recovering its 200-day moving average. The ongoing v-shape...
Read MoreKey Resistance Levels Hold Despite First Trade Deal Announcement For the week, the S&P 500 slipped 0.5%; the Nasdaq dipped 0.3%, the Dow was off 0.2%; and the Russell 2000 was up 0.1%. The RSI (relative strength index) levels for the...
Read More
Fed Chair Powell said the central bank does not need to be in a hurry to slash rates as the committee evaluates how President Trump’s tariffs will affect inflation and employment. With earnings season winding down, and the Fed in the...
Read More
The Dow and the Russell cleared their 50-day moving averages on Friday to join the Nasdaq and the S&P after they cleared their 50-day moving averages on Thursday. Up Friday’s and Monday’s typically signals money is moving into the...
Read MoreThe GDP numbers showed the first contraction of the economy in three years and marked the first quarter of negative growth since the start of 2022. After Wednesday’s close, a deal was announced between the United States and Ukraine over...
Read MoreThe next waves of resistance for the major indexes are at the 50-day moving averages and ahead of the height of the first-quarter earnings season that comes into focus this week. The blue-chips lagged and are struggling to breakout of their...
Read More