That. Was. Incredible. Stocks were already positioned to close out the week with a win. But, unexpectedly good news on the jobs front — we actually gained some in May — sparked a 2.69% advance from the S&P 500 on Friday. That translates into a 4.9% win for the week. It was the best week for stocks since April, when...
– The expiration of government stimulus is a key risk for small-cap equities – By Chris Matthews, MarketWatch Small-capitalization stocks have been the darling of Wall Street of late, with some analysts predicting recent action as the beginning of the end of a years-long bear market for small-caps while others warn that these riskier shares could disappoint yet again if...
– The expiration of government stimulus is a key risk for small-cap equities – By Chris Matthews, MarketWatch Small-capitalization stocks have been the darling of Wall Street of late, with some analysts predicting recent action as the beginning of the end of a years-long bear market for small-caps while others warn that these riskier shares could disappoint yet again if...
By Stephanie Landsman, CNBC The last two recessions may help determine what’s next for the recent market rally. Economic Cycle Research Institute co-founder Lakshman Achuthan has narrowed the possible recovery paths into two scenarios: The dot.com bubble collapse and financial crisis aftermath. Achuthan builds his case in a special S&P 500 chart showing performance during the 2009 to 2010 and...
By Stephanie Landsman, CNBC The last two recessions may help determine what’s next for the recent market rally. Economic Cycle Research Institute co-founder Lakshman Achuthan has narrowed the possible recovery paths into two scenarios: The dot.com bubble collapse and financial crisis aftermath. Achuthan builds his case in a special S&P 500 chart showing performance during the 2009 to 2010 and...
Gold and Silver moved lower early on June 2nd and 3rd. Our research team believes this is a “Washout Low” price rotation following a technical pattern that will prompt a much higher rally in precious metals. This type of washout price rotation is fairly common before very big moves after Pennant/Flag formations or just after reaching major price trigger levels....
Gold and Silver moved lower early on June 2nd and 3rd. Our research team believes this is a “Washout Low” price rotation following a technical pattern that will prompt a much higher rally in precious metals. This type of washout price rotation is fairly common before very big moves after Pennant/Flag formations or just after reaching major price trigger levels....
While the US stock market has rallied over the past 5+ weeks, Gold has stalled near $1730 to $1740. We issued a research post suggesting the GREEN Fibonacci Price Amplitude Arc was acting as major resistance and once that level is breached, we expect a big upside move in Gold. Currently, Gold has reached just above the Green Price Amplitude...
While the US stock market has rallied over the past 5+ weeks, Gold has stalled near $1730 to $1740. We issued a research post suggesting the GREEN Fibonacci Price Amplitude Arc was acting as major resistance and once that level is breached, we expect a big upside move in Gold. Currently, Gold has reached just above the Green Price Amplitude...
The strength we saw in the early part of the shortened trading week petered out in the latter part of the week. But, it doesn't entirely matter. The bulls dealt their blow to the bears, and cleared a key hurdle in the process. Despite the fresh headwind, the bulls still have the edge here… for a couple of different reasons....
