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  • Amazon Has the Worst-Looking Chart on the Planet
    The Street

    Amazon Has the Worst-Looking Chart on the Planet

    From a technical perspective, there isn't a whole lot more that could be going wrong on the Amazon (AMZN) weekly chart. A cluster of bearish indications in time and price have weighed on the stock the last several months. Key support in the $950 area is breaking down at this point in the Monday session. That could trigger an intermediate-term move that could take the stock down 20% from its July high. Let's catalog the technical damage and look for potential areas of support on the downside.   View Chart » View in New Window » Amazon had been trading in a rising triangle pattern for the last two years and last week a bearish engulfing candle formed that broke the triangle uptrend line on a closing

  • The most sought-after job in America pays $110,000 a year — if you have this skill

    The most sought-after job in America pays $110,000 a year — if you have this skill

    As companies try to understand consumer behavior, data scientists are in high demand. Boasting a median base salary of $110,000 and a job-satisfaction score of 4.4 out of 5, data scientist was ranked No. 1 on the “Best Jobs in America” list in 2016 and 2017 based on the number of job openings, salary and overall job satisfaction. It was followed by devops engineers ($110,000 a year) — which combines development, testing and operations — data engineers ($106,000 a year), tax managers ($110,000 a year) and analytics managers ($112,000 a year). And the No. 1 skill most in demand for data scientists? The programming language Python (sought after in 72% of Glassdoor job postings), followed by R (64%),

  • Transocean: 3 Reasons to Buy?

    Transocean: 3 Reasons to Buy?

    One sector upgrade has gone a long way for offshore drillers Transocean (RIG), Ensco (ESV), Diamond Offshore Drilling (DO), Noble (NE) and Rowan (RDC) today, as the stocks have gained at least 5% in morning trading. The upgrades in question come from UBS analyst Angie Sedita and team, who upgrade the five offshore drillers to Buy from Neutral, and they have three reasons for their more optimistic outlook: They believe that demand will slowly increase in 2018, leading to more rigs getting put to work; they believe oil prices will remain around $50 a barrel; and that offshore-drilling stocks are still cheap. Investors have responded to the upgrades by sending shares of the five offshore drillers