The market followed through on its recovery effort from two weeks ago, pushing its way to record highs last week. It's hardly the perfect advance to new highs though. Not only are stocks now well overbought and ripe for profit taking, the conviction behind last week's progress is far from convincing. It's also the wrong time of year for this...
The last few weeks for gold trader has been really exciting. Let face it, metals are starting to outperform us Equities late in a US stock bull market and we all know what that means. If you don’t know what I mean check out these charts! Recently I posted an exclusive gold analysis article on Gold-Eagle.com talking about the next...
The last few weeks for gold trader has been really exciting. Let face it, metals are starting to outperform us Equities late in a US stock bull market and we all know what that means. If you don’t know what I mean check out these charts! Recently I posted an exclusive gold analysis article on Gold-Eagle.com talking about the next...
If the economy is running into headwinds, it's difficult to tell from the most recent round of employment data. In June, the U.S. added 224,000 people its net payrolls, handily topping the estimated figure of 160,000 new jobs. Though the number of employed people reached record levels, the unemployment rate was actually able to edge a little higher from 3.6%...
If the economy is running into headwinds, it's difficult to tell from the most recent round of employment data. In June, the U.S. added 224,000 people its net payrolls, handily topping the estimated figure of 160,000 new jobs. Though the number of employed people reached record levels, the unemployment rate was actually able to edge a little higher from 3.6%...
Any weakness in the Transportation Index near current levels would indicate investors and traders believe the global economy may continue to contract going forward and may be an ominous sign for the global stock markets. The Transportation Index is a measure of the current expectations related to shipping, trucking, trains and all measure of forward expectations for goods, products and...
Any weakness in the Transportation Index near current levels would indicate investors and traders believe the global economy may continue to contract going forward and may be an ominous sign for the global stock markets. The Transportation Index is a measure of the current expectations related to shipping, trucking, trains and all measure of forward expectations for goods, products and...
What started out as a lousy week ended on a high note. Although the market lost 0.3% of its value last week, at one point it was in the hole to the tune of nearly 1.3%. The rebound effort is far from a well-founded recovery, but it does buy some time for the bulls to regroup and maybe, just maybe,...
What started out as a lousy week ended on a high note. Although the market lost 0.3% of its value last week, at one point it was in the hole to the tune of nearly 1.3%. The rebound effort is far from a well-founded recovery, but it does buy some time for the bulls to regroup and maybe, just maybe,...
– Bitcoin prices were backing down on Thursday from another surge akin to its sudden rise in late 2017 – By Tiernan Ray, TheStreet.com There goes bitcoin. After soaring almost 20% on Wednesday alone to just below $14,000, the virtual currency succumbed to gravity on Thursday morning, dropping below $12,000. The price of bitcoin had surged by more than 80% in less...
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