Tech Sector Hanging On For Small Gains

Tech Sector Hanging On For Small Gains

Technology stocks were holding onto moderate gains late Friday afternoon, with shares of tech companies in the S&P 500 posting a 0.3% gain. In company news, KLA-Tencor (KLAC) raced to a nearly 17-year high on Friday after the semiconductor test equipment company reported fiscal Q2 net income and revenue exceeding Wall Street expectations. The company earned $1.52 per share during the three months ended Dec. 31, beating the Capital IQ […]

Read More ˃
Crude Settles Weaker In U.S.

Crude Settles Weaker In U.S.

Crude prices fell in the U.S. on Friday to settle lower as data on drilling activity weighed on sentiment by highlighting how rapidly small producers can respond to higher prices. On the New York Mercantile Exchange, crude futures for March delivery fell 1.13% to $53.17 a barrel, while Brent futures on London’s Intercontinental Exchange dropped 1.28% to $55,52 a barrel. U.S. drillers added 13 rigs by the end of last […]

Read More ˃
Technical Toolbox: Investor Focus on Cohen & Steers Global Realty Majors ETF (GRI)

Technical Toolbox: Investor Focus on Cohen & Steers Global Realty Majors ETF (GRI)

Experienced investors might be tracking multiple indicators to assess current stock health. Currently, Cohen & Steers Global Realty Majors ETF (GRI) has a 14-day Commodity Channel Index (CCI) of 6.84. Even though the name contains the word commodity, CCI can be used on other investment tools such as stocks. The CCI was developed to typically stay within the -100 to +100 levels. Traders may use the indicator to determine stock […]

Read More ˃
Technical Indicator Review on Shares of SPDR Barclays Cap Issuer Scd Corp Bond (CBND)

Technical Indicator Review on Shares of SPDR Barclays Cap Issuer Scd Corp Bond (CBND)

Traders may be relying in part on technical stock analysis. SPDR Barclays Cap Issuer Scd Corp Bond (CBND) currently has a 14-day Commodity Channel Index (CCI) of -65.29. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically stay within the reading of -100 to +100. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. […]

Read More ˃
Ticker Watch: Technical Views on Shares of Alexander & Baldwin Inc. (ALEX)

Ticker Watch: Technical Views on Shares of Alexander & Baldwin Inc. (ALEX)

Investors and traders often look to technical stock analysis in order to better evaluate the equity. Alexander & Baldwin Inc. (ALEX) presently has a 14-day Commodity Channel Index (CCI) of 121.64. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically remain within the reading of -100 to +100. Traders may use the indicator to spot stock trends or to […]

Read More ˃