Can Facebook Rally to $245?

– Facebook has been on fire but the stock eventually will pull back. Here's where to buy the dip in the shares. – By Bret Kenwell, TheStreet.com After a difficult 2018, Facebook (FB) found its groove in 2019. That momentum has continued into 2020, as shares hit new all-time highs this week. It’s the stock’s first new all-time high since July...

Gold is rebounding, but trader warns of more downside to come

By Keris Lahiff, CNBC Gold prices are staging a small comeback to end the week. The commodity edged up to $1,561 on Friday afternoon, reversing a fall seen a day earlier. The yellow metal reached a near seven-year high earlier in the week as investors rushed to safety on increasing U.S.-Iran tensions. Todd Gordon, founder of TradingAnalysis.com, says gold could...

Gold is rebounding, but trader warns of more downside to come

By Keris Lahiff, CNBC Gold prices are staging a small comeback to end the week. The commodity edged up to $1,561 on Friday afternoon, reversing a fall seen a day earlier. The yellow metal reached a near seven-year high earlier in the week as investors rushed to safety on increasing U.S.-Iran tensions. Todd Gordon, founder of TradingAnalysis.com, says gold could...

December Jobs Report Was Just Fine. Don’t Sweat the Pessimism.

The headlines painted a less-than-enthusiastic picture of the report, but December's jobs data was actually pretty healthy. The unemployment rate remains at a multi-decade low 3.5%, and while wage growth fell short of expectations, it's exceeding inflation for the people who need the most income growth… the people at the lower end of the pay scale. Last month, the economy...

December Jobs Report Was Just Fine. Don’t Sweat the Pessimism.

The headlines painted a less-than-enthusiastic picture of the report, but December's jobs data was actually pretty healthy. The unemployment rate remains at a multi-decade low 3.5%, and while wage growth fell short of expectations, it's exceeding inflation for the people who need the most income growth… the people at the lower end of the pay scale. Last month, the economy...

The Market’s Losing More Traction Than it Seems

With nothing more than a quick glance at Tuesday's modest loss, it would be easy to assume we just hit a patch of turbulence. Stocks are more or less where they were a week ago, and the S&P 500 seems to be recovering well from intraday setbacks; Tuesday was an exception. Things aren't quite as healthy as they may seem...

The Market’s Losing More Traction Than it Seems

With nothing more than a quick glance at Tuesday's modest loss, it would be easy to assume we just hit a patch of turbulence. Stocks are more or less where they were a week ago, and the S&P 500 seems to be recovering well from intraday setbacks; Tuesday was an exception. Things aren't quite as healthy as they may seem...

The Battle Between Safe Havens and Risk-On Continues

With all the fear around the world, it is fascinating to watch the battle that is underway between risk-on and risk-off assets. Chris Vermeulen joins Cory Fleck to share the way he is trading these markets and what he thinks will cause a breakout in either risk-on or risk-off. Profit during times when most others can’t which is why you...

The Battle Between Safe Havens and Risk-On Continues

With all the fear around the world, it is fascinating to watch the battle that is underway between risk-on and risk-off assets. Chris Vermeulen joins Cory Fleck to share the way he is trading these markets and what he thinks will cause a breakout in either risk-on or risk-off. Profit during times when most others can’t which is why you...

Weekly Market Outlook – Bending, But Not Breaking

It was a valiant effort, but the market — or the S&P 500 anyway — could muster a sixth straight week of gains. The NASDAQ Composite did, but even so, it was an ugly effort. The weight of the gains since early October are simply too great to shrug off. That being said, it's not like stocks have slipped back...
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