It's been a while since we've taken a look at the relative performances of each major sector. There's been little need to do so. December's rout was punishing across the board, and the January bounce was equally bullish for all groups. In other words, it's been impossible in recent weeks to identify where the market's hot spots and cold spots...
It's been a while since we've taken a look at the relative performances of each major sector. There's been little need to do so. December's rout was punishing across the board, and the January bounce was equally bullish for all groups. In other words, it's been impossible in recent weeks to identify where the market's hot spots and cold spots...
Today is the day we want to warn our followers that we expect the precious metals to continue to base with a fairly narrow price range for about 45 to 65 more days before upside pricing pressures start to take hold of the markets. There has been quite a bit of chatter about Gold breaking above $1300 recently. Many people...
Today is the day we want to warn our followers that we expect the precious metals to continue to base with a fairly narrow price range for about 45 to 65 more days before upside pricing pressures start to take hold of the markets. There has been quite a bit of chatter about Gold breaking above $1300 recently. Many people...
On Wednesday of this week, the Federal Reserve will have an opportunity to change the nation's interest rates. Though for the better part of 2018 the chatter suggested three more rate hikes were in the cards for the current year, neither the Fed nor traders believe we'll see one this time around. Inflation has been too tame and borrowing has...
On Wednesday of this week, the Federal Reserve will have an opportunity to change the nation's interest rates. Though for the better part of 2018 the chatter suggested three more rate hikes were in the cards for the current year, neither the Fed nor traders believe we'll see one this time around. Inflation has been too tame and borrowing has...
Not surprisingly, after a monster-sized four-week rally, the bulls finally took a break. Even with last week's modest pullback though, it's difficult not to at least lean towards a bullish near-term future. We're seeing glimmers of political sanity again, and we ended the shortened-trading week on a bullish foot. That is, Friday – the only really bullish day of the...
Not surprisingly, after a monster-sized four-week rally, the bulls finally took a break. Even with last week's modest pullback though, it's difficult not to at least lean towards a bullish near-term future. We're seeing glimmers of political sanity again, and we ended the shortened-trading week on a bullish foot. That is, Friday – the only really bullish day of the...
By Annie Pei, CNBC Over the last few months, all that glitters has been gold. On Friday, gold went negative on the week, its first down week in five. However, the precious metal is up 10 percent since hitting 52-week low in August, and the chart is now flashing a secret buy sign: The "golden cross." The term refers to...
By Annie Pei, CNBC Over the last few months, all that glitters has been gold. On Friday, gold went negative on the week, its first down week in five. However, the precious metal is up 10 percent since hitting 52-week low in August, and the chart is now flashing a secret buy sign: The "golden cross." The term refers to...
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