It's curious. Renewed hope on the trade front meant stocks ended the week on a high note, capping off a third straight week of gains. Last week's rally, in fact, was the biggest of the three. On the other hand, Friday's high for the S&P 500 suspiciously matched the peak from September, as well as the peak from July. Perhaps...
By Stephanie Landsman, CNBC One of Wall Street’s biggest bulls is on pullback watch. The bearish call from Capital Wealth Planning’s Jeffrey Saut stems from one of his proprietary gauges. “My very short-term trading indicator did flash a sell signal,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “We just on occasion try to make these tactical...
By Stephanie Landsman, CNBC One of Wall Street’s biggest bulls is on pullback watch. The bearish call from Capital Wealth Planning’s Jeffrey Saut stems from one of his proprietary gauges. “My very short-term trading indicator did flash a sell signal,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “We just on occasion try to make these tactical...
Recently, Mark Zuckerberg appeared before the US Congress to discuss his new Libra project and to attempt to calm concerns related to his new global alternate currency project. It appears this project is putting global political leaders in a particularly powerful position of either accepting the Libra project as a viable future solution and implementing new laws and regulations in...
Recently, Mark Zuckerberg appeared before the US Congress to discuss his new Libra project and to attempt to calm concerns related to his new global alternate currency project. It appears this project is putting global political leaders in a particularly powerful position of either accepting the Libra project as a viable future solution and implementing new laws and regulations in...
Our research team has been attempting to answer the question that seems to be on everyone’s minds right now – are we setting up another Black Monday type of event in the global markets and what should traders/investors know before the event potentially takes place. Our research team has spent the past few weeks trying to better understand the global...
Our research team has been attempting to answer the question that seems to be on everyone’s minds right now – are we setting up another Black Monday type of event in the global markets and what should traders/investors know before the event potentially takes place. Our research team has spent the past few weeks trying to better understand the global...
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...