By Stephanie Landsman, CNBC One of Wall Street's top metals expects predicts gold will breakout this year. With gold prices sinking to 2019's lowest level last Thursday, Standard Chartered's Suki Cooper believes they're closing in on oversold territory. One of her key assumptions: The Federal Reserve keeps its interest rate hike policy on hold through next year. It's a scenario,...
We know many of you follow our research posts and have been waiting for the Gold/Silver setup we predicted would happen near April 21~24, 2019 back in January 2019. Well, it looks like our predictions were accurate and the current downward price rotation in Gold/Silver are the opportunities of a lifetime for precious metals traders. Our original research regarding the...
We know many of you follow our research posts and have been waiting for the Gold/Silver setup we predicted would happen near April 21~24, 2019 back in January 2019. Well, it looks like our predictions were accurate and the current downward price rotation in Gold/Silver are the opportunities of a lifetime for precious metals traders. Our original research regarding the...
It was hardly a catastrophic loss, but it certainly wasn't a gain either. The S&P 500 gave up a couple of points during last week's holiday-shortened action, with the weight of the incredible gains seen since late December clearly keeping many would-be buyers on the sidelines. This is a point where the market has to make a tough decision. Any...
It was hardly a catastrophic loss, but it certainly wasn't a gain either. The S&P 500 gave up a couple of points during last week's holiday-shortened action, with the weight of the incredible gains seen since late December clearly keeping many would-be buyers on the sidelines. This is a point where the market has to make a tough decision. Any...
Since the December low, the marketwide rally has swept most stocks higher with it… pretty evenly, in fact. Now approaching the four-month mark for the advance, however, we're finally starting to see some major divergences. That is, some sectors are remaining in a bullish mode, while others are reversing course. These trends are worth a closer look if only because...
Since the December low, the marketwide rally has swept most stocks higher with it… pretty evenly, in fact. Now approaching the four-month mark for the advance, however, we're finally starting to see some major divergences. That is, some sectors are remaining in a bullish mode, while others are reversing course. These trends are worth a closer look if only because...
Without too much attention from traders, the SPY and QQQ are racing to attempt to establish new all-time highs in what may become the most exciting Spring/Summer breakout rally of the past 3 years. While many other symbols are still flirting with November/December 2018 highs, the SPY and QQQ are both showing upside price gaps last week indicating a moderately...
Without too much attention from traders, the SPY and QQQ are racing to attempt to establish new all-time highs in what may become the most exciting Spring/Summer breakout rally of the past 3 years. While many other symbols are still flirting with November/December 2018 highs, the SPY and QQQ are both showing upside price gaps last week indicating a moderately...
Stocks were overbought headed into the beginning of last week, but investors didn't care. Thanks to last week's 0.5% advance (all of which, and more, was reaped on Friday), the S&P 500 is now up 23.7% from December's low. That's one of the biggest sixteen-week gains on record. Stocks have been more overbought before. Indeed, they were more overbought even...
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