By Stephanie Landsman, CNBC The market rally is mimicking a trend that hasn't been seen in more than two decades, according to Avalon Advisors' Bill Stone. He highlighted the pattern on CNBC's "Trading Nation" in a chart that compares 2018-2019 sharp gains with the average rebound during post-World War II non-recessionary periods. Stone's takeaway: It looks a lot like the...
By Stephanie Landsman, CNBC The market rally is mimicking a trend that hasn't been seen in more than two decades, according to Avalon Advisors' Bill Stone. He highlighted the pattern on CNBC's "Trading Nation" in a chart that compares 2018-2019 sharp gains with the average rebound during post-World War II non-recessionary periods. Stone's takeaway: It looks a lot like the...
By Keris Lahiff, CNBC Lockheed Martin has dovetailed since hitting a 52-week high last April. The defense contractor has plummeted 15 percent since that peak, buffeted by every new development in U.S.-China trade discussions. One technical analyst sees a rebound in the making after a rough 12 months. "It's been a bit of an underperformer in the defense sector, but...
By Keris Lahiff, CNBC Lockheed Martin has dovetailed since hitting a 52-week high last April. The defense contractor has plummeted 15 percent since that peak, buffeted by every new development in U.S.-China trade discussions. One technical analyst sees a rebound in the making after a rough 12 months. "It's been a bit of an underperformer in the defense sector, but...
– After a 10-year bull, it's easy to forget how bad a bear can be – By Brian Livingston, MarketWatch There's a lot of concern that the U.S. economy experienced an "inverted yield curve" on Friday. That's when the interest rate on short-term Treasurys, such as 3-month bills or 2-year notes is higher than on longer-term debt, such as 10-year...
– After a 10-year bull, it's easy to forget how bad a bear can be – By Brian Livingston, MarketWatch There's a lot of concern that the U.S. economy experienced an "inverted yield curve" on Friday. That's when the interest rate on short-term Treasurys, such as 3-month bills or 2-year notes is higher than on longer-term debt, such as 10-year...
Not a bad week. While the S&P 500 only gained 1.2% for the five day stretch, remember, it started the week out on the brink of disaster thanks to an ugly selloff two Friday's ago. It's a bit too soon to pop the corks on the champagne bottles, however. Stocks are still overbought from what turned out to be the...
Not a bad week. While the S&P 500 only gained 1.2% for the five day stretch, remember, it started the week out on the brink of disaster thanks to an ugly selloff two Friday's ago. It's a bit too soon to pop the corks on the champagne bottles, however. Stocks are still overbought from what turned out to be the...
By Lizzy Gurdus, CNBC General Electric is having a top-notch year. Shares of the industrial giant have gained 32 percent so far in 2019, making it one of the best-performing stocks in the S&P 500. Other top performers include Chipotle, up 63 percent; Xilinx, up 50 percent; Ulta Beauty, up 42 percent; and Best Buy, up 34 percent. And, with...
By Lizzy Gurdus, CNBC General Electric is having a top-notch year. Shares of the industrial giant have gained 32 percent so far in 2019, making it one of the best-performing stocks in the S&P 500. Other top performers include Chipotle, up 63 percent; Xilinx, up 50 percent; Ulta Beauty, up 42 percent; and Best Buy, up 34 percent. And, with...
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