By Keris Lahiff, CNBC Energy stocks are lagging the market again as the coronavirus outbreak spreads. The XLE energy ETF tumbled more than 1% on Friday, racking up a more than 4% decline for the week. Todd Gordon, managing director of Ascent Wealth Partners, warns to stay away from the group – he sees no end in sight to the...
By Keris Lahiff, CNBC Energy stocks are lagging the market again as the coronavirus outbreak spreads. The XLE energy ETF tumbled more than 1% on Friday, racking up a more than 4% decline for the week. Todd Gordon, managing director of Ascent Wealth Partners, warns to stay away from the group – he sees no end in sight to the...
News is traveling fast about the Corona Virus that originated in Wuhan, China. Two new confirmed cases in the US, one in Europe and hundreds in China. As we learn more about this potential pandemic outbreak, we are learning that China did very little to contain this problem from the start. Now, quarantining two cities and trying to control the...
News is traveling fast about the Corona Virus that originated in Wuhan, China. Two new confirmed cases in the US, one in Europe and hundreds in China. As we learn more about this potential pandemic outbreak, we are learning that China did very little to contain this problem from the start. Now, quarantining two cities and trying to control the...
Our research team caught a very interesting price pattern that correlates with the Put/Call ratio. We are alerting our friends and followers with this research post of this exciting, yet unconfirmed, set up today. In late 2017, the US stock market rallied from July through December with moderately low volatility throughout this span of time. Near the end of 2017,...
Our research team caught a very interesting price pattern that correlates with the Put/Call ratio. We are alerting our friends and followers with this research post of this exciting, yet unconfirmed, set up today. In late 2017, the US stock market rallied from July through December with moderately low volatility throughout this span of time. Near the end of 2017,...
Our recent research suggests the US stock market may be entering a period of volatility that may include a broad market rotation/reversion event. We believe this volatility event could begin to happen anytime over the next 10 to 30+ days. The rally in the US stock market ending 2019 and carrying into 2020 appears to be setting up a “rally...
Our recent research suggests the US stock market may be entering a period of volatility that may include a broad market rotation/reversion event. We believe this volatility event could begin to happen anytime over the next 10 to 30+ days. The rally in the US stock market ending 2019 and carrying into 2020 appears to be setting up a “rally...
Another week, another winner, with the bulls seemingly picking up the pace. The S&P 500 logged more record highs, advancing just a little less than 2.0% for the five-day stretch. The raw momentum is enticing, but this remains a dangerous situation. The market is overbought and ripe for a pullback, and only moving higher because investors are fearful they may...
Another week, another winner, with the bulls seemingly picking up the pace. The S&P 500 logged more record highs, advancing just a little less than 2.0% for the five-day stretch. The raw momentum is enticing, but this remains a dangerous situation. The market is overbought and ripe for a pullback, and only moving higher because investors are fearful they may...
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