By Keris Lahiff, CNBC The U.S. economy contracted in the first quarter, but signs in the stock market suggest investors are looking for it to gear up again soon. Todd Gordon, managing director of Ascent Wealth Partners, says a market rotation on a sector level could offer some clues. “We’re seeing a lot of rotation indicating that America is coming...
By Keris Lahiff, CNBC The U.S. economy contracted in the first quarter, but signs in the stock market suggest investors are looking for it to gear up again soon. Todd Gordon, managing director of Ascent Wealth Partners, says a market rotation on a sector level could offer some clues. “We’re seeing a lot of rotation indicating that America is coming...
As Q1 GDP data is released on Wednesday, April 29, which will reflect the first three months of 2020 in terms of total economic output, we believe the number will skew the current true global economic conditions to a large degree. The pandemic shutdowns started in the US on March 15th – nearly 2 weeks before the end of Q1:2020. ...
As Q1 GDP data is released on Wednesday, April 29, which will reflect the first three months of 2020 in terms of total economic output, we believe the number will skew the current true global economic conditions to a large degree. The pandemic shutdowns started in the US on March 15th – nearly 2 weeks before the end of Q1:2020. ...
Precious metals have become the focus of many researchers and traders recently. Bank of America recently raised its target to $3000 for gold (source: https://www.bloomberg.com). In December 2019, we published a research article suggesting precious metals were setting up a long-term pattern that should result in a big breakout to the upside for gold. Every trader must understand the consequences...
Precious metals have become the focus of many researchers and traders recently. Bank of America recently raised its target to $3000 for gold (source: https://www.bloomberg.com). In December 2019, we published a research article suggesting precious metals were setting up a long-term pattern that should result in a big breakout to the upside for gold. Every trader must understand the consequences...
Stocks lost ground last week, bringing a raucous two-week surge to an end. But, even with the slight setback, a lack of a major selloff is a mini-victory in itself. The indices remain within striking distance of another advance, and managed to close above some key technical resistance as well. Best of all, sentiment measures suggest traders are… at least...
Stocks lost ground last week, bringing a raucous two-week surge to an end. But, even with the slight setback, a lack of a major selloff is a mini-victory in itself. The indices remain within striking distance of another advance, and managed to close above some key technical resistance as well. Best of all, sentiment measures suggest traders are… at least...
Wednesday's recovery notwithstanding, the recent slowdown isn't just "a little break" before the advance resumes. A lot of people are throwing in the towel on a lot of stocks, suggesting they're not sticking around en masse for the next wave of bullishness… because it might not take shape anytime soon. We're being led to this conclusion by the market's breadth...
Wednesday's recovery notwithstanding, the recent slowdown isn't just "a little break" before the advance resumes. A lot of people are throwing in the towel on a lot of stocks, suggesting they're not sticking around en masse for the next wave of bullishness… because it might not take shape anytime soon. We're being led to this conclusion by the market's breadth...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
