By Lizzy Gurdus, CNBC One General Electric bull says the stock is set to surge. Positive momentum in GE's chart suggests that shares could rise 60% to 80% from current levels, technical analyst Mark Newton said Wednesday on CNBC's "Trading Nation." GE has seen a more than 50% rise from its infamous $6.66 low in December. "It's been an impressive...
By Aaron Hankin, MarketWatch If you haven't heard, bitcoin is back. The digital currency on Thursday booked its eighth winning session in the past 10 and is on track to log four successive winning months – this after recording six losing months in a row, an unflattering record it had never previously achieved. The bitcoin rally is nearing 100% off...
By Aaron Hankin, MarketWatch If you haven't heard, bitcoin is back. The digital currency on Thursday booked its eighth winning session in the past 10 and is on track to log four successive winning months – this after recording six losing months in a row, an unflattering record it had never previously achieved. The bitcoin rally is nearing 100% off...
Unless you were following our research, see below, and were already aware of the many warning signs we’ve been posting in our continued efforts to help traders and to help educate skilled investors, you were probably caught completely off guard by the news of near trade tariffs last Sunday, May 5th. Let’s face it, the short position in the VIX...
Unless you were following our research, see below, and were already aware of the many warning signs we’ve been posting in our continued efforts to help traders and to help educate skilled investors, you were probably caught completely off guard by the news of near trade tariffs last Sunday, May 5th. Let’s face it, the short position in the VIX...
Things were a bit hairy and scary on Wednesday and then Thursday of last week. But, the overbought market clearly wasn't ready to roll over just yet. A pretty respectable jobs report for April inspired renewed buying, pushing Friday's close to its second-best daily close ever for the S&P 500. One day doesn't make or break a trend, and the...
Things were a bit hairy and scary on Wednesday and then Thursday of last week. But, the overbought market clearly wasn't ready to roll over just yet. A pretty respectable jobs report for April inspired renewed buying, pushing Friday's close to its second-best daily close ever for the S&P 500. One day doesn't make or break a trend, and the...
Happy Derby! It's always my great pleasure to share my annual Kentucky Derby selections and commentary. First, let's start off with an updated table of past Derby winners below, with their speed ratings and final tune-up race. My analysis of past data indicates that horses with strong 100+ speed ratings in preparatory races have a better probability of winning the...
Economists were expecting a solid jobs report for April. They got a great one. Last month, the U.S. economy added 263,000 jobs, driving the unemployment rate to a 49-year low of 3.6%. Analysts were only expecting payroll growth of 200,000, which likely would have left the unemployment rate at 3.8%. Professional and business services led the job creation race with...
Economists were expecting a solid jobs report for April. They got a great one. Last month, the U.S. economy added 263,000 jobs, driving the unemployment rate to a 49-year low of 3.6%. Analysts were only expecting payroll growth of 200,000, which likely would have left the unemployment rate at 3.8%. Professional and business services led the job creation race with...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
