NewsWatch: ‘Underloved and angry,’ megacap tech stocks are poised for a breakout, technical analyst says


Seven months of consolidation and relative underperformance have left sentiment and positioning light toward the megacap tech stocks, one technical analyst says. See full story.

Prince Philip — active patron of business organizations and consort to Queen Elizabeth II — has died at 99

The duke had a particular dislike of company executives prone to delivering slick speeches on royal visits, and liked to catch them out if they had not mastered their brief. See full story.

Stocks’ short-term signals are bullish but Peter Lynch’s long-term investing advice still applies

Legendary fund manager said to buy what you know and that matters in this trigger-happy market. See full story.

China’s bitcoin crackdown contradicts Peter Thiel’s belief that it is a ‘financial weapon’ against U.S.

Thiel’s past statements on bitcoin, along with China’s overall policy toward the virtual currency, appear to be at odds with his most recent analysis See full story.

‘Enough prayers. Time for some action’: Biden announces steps on gun control

President Joe Biden on Thursday unveiled actions aimed at curbing gun violence, calling it an epidemic that “has to stop.” See full story.


Mainstream sources of entertainment are back as people prepare for reentry into society after the yearlong isolation of COVID-19. See full story.

Need to Know: ‘Underloved and angry,’ megacap tech stocks are poised for a breakout, technical analyst says

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