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Is Wall Street Tiring of the FAANG Stocks?

5 years 10 months ago
Despite the coronavirus disease 2019 (COVID-19) pandemic disrupting economic activity like never before, it's been a banner year for equities. Through this past weekend, the benchmark S&P 500 was up nearly 15% on a year-to-date basis. That's pretty amazing, considering it was

Will Tesla Do Another Stock Split in 2021?

5 years 10 months ago
2020 has been an amazing year for Tesla (NASDAQ: TSLA) shareholders. The electric-auto maker's stock price started the year at $418 per share, and on Dec. 7, it fetched more than $625 per share. That would be pretty impressive even if it weren't for the 5-for-1 stock split that T

Dow, S&P 500 Move Lower as Nasdaq Stays Hot

5 years 10 months ago
Stocks were mixed on Monday, as a consensus on further coronavirus stimulus remained far from reach, and a rising number of infections weighed heavy on investors' minds. The Dow fell roughly 148 points to settle just above the significant 30,000 level, with Intel (INTC) and Cat

Why Intel Stock Just Dropped

5 years 10 months ago
What happenedAfter posting nine straight trading days-worth of gains, Intel Corporation (NASDAQ: INTC) surprisingly failed to make it 10 in a row today, instead turning tail and diving 4% as of 3:25 p.m. EST.

These 2 FAANG Leaders Will Drive the Nasdaq in 2021

5 years 10 months ago
No one should be too terribly surprised to see major market indexes moving in different directions on Monday -- especially since it's the Nasdaq Composite (NASDAQINDEX: ^IXIC) that's on the rise even as the rest of the stock market pulls back from record levels. As of 3 p.m. EST,

Dow Analyst Moves: AAPL

5 years 10 months ago
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Apple is the #8 analyst pick. Apple Inc also comes in above the median of analyst picks among the broader S&P 500 index component

SPYG, KCCB: Big ETF Outflows

5 years 10 months ago
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 Growth ETF, where 4,800,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlyi

Noteworthy ETF Inflows: XLK, AAPL, ADBE, CRM

5 years 10 months ago
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $176.5 million dollar inflow -- that's a 0.5% incr
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