Core Viewpoint - Trade Desk Inc's shares have declined by 4.3% to $64.06, marking a drop below the $65 level for the first time since early November, indicating a challenging start to the week after four consecutive weekly losses [1] Group 1: Stock Performance - The stock is currently within one standard deviation of its 320-day moving average, which has historically been a bullish trendline [1] - In the past three years, similar signals have led to a 75% chance of the stock being higher one month later, with an average return of 8.8% [1] - Over the past year, Trade Desk's stock has increased by 36.2% [1] Group 2: Technical Indicators - The equity's 14-day relative strength index (RSI) is at 13.8, indicating it is in "oversold" territory, which typically suggests a potential short-term bounce [1]

Microsoft Corp (NASDAQ:MSFT) stock is 0.8% higher this afternoon to trade at $391.23. The equity earlier hit an all-time high of $394.03, after inking a $1.5 billion deal with Vodafone (VOD). The 10-year partnership will bring generative artificial intelligence (AI), digital, enterprise, and cloud services to more than 300 million businesses and users across Europe and Africa.The Big Tech concern is on fire in the first month of the year, especially after its market cap rose to $2.89 trillion last week to o ...

Every day for the next three weeks, we're going to highlight one of Schaeffer's top 12 picks for 2024. First up this week, we have chip stock Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM). To access the entirety of the 2024 report, click here.Chipmaker Taiwan Semiconductor (TSM ) has reclaimed the $100 level, along with it's 20- month moving average. Reclamations of the latter favors that the stock price will be higher by the end of 2024, as tests have proven to be buying opportunities in the past. The TSM/ ...

Bank earnings -- and earnings season in general -- kicked off on Friday and continued to start the holiday-shortened week. In focus today are Morgan Stanley (NYSE:MS) and PNC Financial Services Group Inc (NYSE:PNC), with their stocks making moves in opposite directions. MS is down 1.7% to trade at $88.14, after the company's adjusted fourth-quarter earnings of $0.85 cents per share fell short of the consensus estimates of $1.01 per share. The whiff comes after Morgan Stanley was hit with $286 million in spe ...

The bank name is among the first in the sector to report earningsThe bank earnings floodgates have opened, and Bank of America Corp (NYSE:BAC) is among the first to report results. While the company's fourth-quarter profit beat analysts' estimates, revenue missed expectations and fell 10% compared to the same quarter last year. BAC is down 2.1% at $32.44.The 40-day moving average looks ready to contain this pullback, which has BAC on track for a fifth-straight daily loss. Shares taking a breather after hitt ...

UnitedHealth Group Inc (NYSE:UNH) stock is weighing on the Dow today, though the shares have pared their sharper premarket losses. The company's strong fourth-quarter results were overshadowed by higher medical costs, and other health insurers, including CVS Health (CVS), are trading lower after the report. At last glance, UNH was down 3% at $523.01, and dropping below its 80-day moving average, which caught the stock's most recent pullback. However, the $520 level, which has provided a floor since October, ...

The shares of semiconductor concern Qualcomm, Inc. (NASDAQ:QCOM) is 1.6% higher in premarket trading, pacing to open up above $141 after Citigroup upgraded the stock to "buy" from "neutral" and hiked its price target by $50 to $160. The analyst raised its revenue and earnings per share (EPS) guidance on Qualcomm, citing inventory replenishment in the handset space that they believe will continue through the first quarter of 2024.While the majority of analysts are already optimistic, there's still some room ...

GILD crossed a key level to end 2023, and could be set up for more gains in 2024Every day for the next three weeks, we're going to highlight one of Schaeffer's top 12 picks for 2024. For today, we have pharma stock Gilead Sciences, Inc. (NASDAQ:GILD). To access the entirety of the 2024 report, click here.The shares of pharma giant Gilead Sciences (GILD) broke out of a major basing pattern back in late 2022, which had begun forming in 2017. The equity also crossed above the round-number $100 billion market c ...

Goldman Sachs Group Inc (NYSE:GS) is among the bank names that will announce quarterly results to start the year, slated for release before the open on Tuesday, Jan. 16. Last seen 1.4% lower at $376.66, GS is sluggish to start the year, already down 2.3% in 2024. The equity also just dipped below recent guidance higher at its 20-day moving average, though it maintains a slim 3.4% year-over-year lead.The bank stock has a lackluster post-earnings track record, finishing five of its last eight next-day session ...

JPMorgan Chase & Co (NYSE:JPM) will report fourth-quarter financial results before the open on Friday, Jan. 12. The blue-chip bank concern has an upbeat post-earnings past, boasting gains in its last five next-day sessions in the red. Regardless of direction, JPM averaged a 3.3% next-day return over the last two years, which is lower than the 4.1% swing options players are pricing in this time around.  Last seen 0.7% lower to trade at $169.46, JPMorgan Chase stock has largely managed to brush off the New Ye ...