Stocks mustered a second weekly gain last week despite Friday's lull. But, that lull certainly taints the effort, suggesting that when push came to shove and traders had to commit to stocks for two days they couldn't sell them, they chose not to own them. There was plenty of volume behind Friday's lull to boot. Maybe it was just an...
Stocks mustered a second weekly gain last week despite Friday's lull. But, that lull certainly taints the effort, suggesting that when push came to shove and traders had to commit to stocks for two days they couldn't sell them, they chose not to own them. There was plenty of volume behind Friday's lull to boot. Maybe it was just an...
It is absolutely amazing how the precious metals markets have followed our October 2018 predictions almost like clockwork. Our call for an April 21~24 momentum base below $1300 followed by an extensive rally to levels above $1550 has been playing out almost like we scripted these future price moves. Now that the $1550 level has been reached, we are expecting...
It is absolutely amazing how the precious metals markets have followed our October 2018 predictions almost like clockwork. Our call for an April 21~24 momentum base below $1300 followed by an extensive rally to levels above $1550 has been playing out almost like we scripted these future price moves. Now that the $1550 level has been reached, we are expecting...
By Lizzy Gurdus, CNBC What’s in store for the S&P 500 as the final earnings season of the year kicks off? The index’s recent sideways action has made that question top of mind for investors — and, unsurprisingly, many disagree on the answer. “I think markets are positioned to surprise higher just … given the lack of enthusiasm out there,”...
By Lizzy Gurdus, CNBC What’s in store for the S&P 500 as the final earnings season of the year kicks off? The index’s recent sideways action has made that question top of mind for investors — and, unsurprisingly, many disagree on the answer. “I think markets are positioned to surprise higher just … given the lack of enthusiasm out there,”...
News, again, drives the US stock market and major indexes higher as optimism of a US/China trade agreement floods the news wires. As we’ve been suggesting, the global markets continue to be news-driven and are seeking any positive news related to easing trade tensions and capital markets. We believe any US/China trade deal would be received as very positive news...
News, again, drives the US stock market and major indexes higher as optimism of a US/China trade agreement floods the news wires. As we’ve been suggesting, the global markets continue to be news-driven and are seeking any positive news related to easing trade tensions and capital markets. We believe any US/China trade deal would be received as very positive news...
The recent rally effort is suspicious to be sure; it's not the time of year for bullishness, and there's plenty on the landscape that could torpedo the market. Yet, there it is. The S&P 500 is up nearly 3.7% from its early October low, and above all the key moving average lines. There are a couple of problems with the...
The recent rally effort is suspicious to be sure; it's not the time of year for bullishness, and there's plenty on the landscape that could torpedo the market. Yet, there it is. The S&P 500 is up nearly 3.7% from its early October low, and above all the key moving average lines. There are a couple of problems with the...
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