By Keris Lahiff, CNBC After bracing for the worst, Wall Street got a welcome surprise this earnings season. Instead of the beginnings of an earnings recession, corporate profits are now expected to come in flat to slightly higher for the first three months of the year. Lindsey Bell, investment strategist at CFRA Research, explains how the Street got it so...
By Keris Lahiff, CNBC After bracing for the worst, Wall Street got a welcome surprise this earnings season. Instead of the beginnings of an earnings recession, corporate profits are now expected to come in flat to slightly higher for the first three months of the year. Lindsey Bell, investment strategist at CFRA Research, explains how the Street got it so...
It was against the odds, but the market found a way to press on into new, record-high territory. The S&P 500 logged a gain of 1.2%, ending the week at 2939.88. The volume behind the move was thinner than preferred, though surprisingly not as thin as one would expect following a 22% gain since late-December. The market is inarguably overbought...
It was against the odds, but the market found a way to press on into new, record-high territory. The S&P 500 logged a gain of 1.2%, ending the week at 2939.88. The volume behind the move was thinner than preferred, though surprisingly not as thin as one would expect following a 22% gain since late-December. The market is inarguably overbought...
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,...
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...
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