If the December rout was supposed to be the beginning of the end for the bull market, somebody forgot to tell the bulls that. With a boost founded on hope that the trade war will soon be winding down, Friday's 1.3% gain from the S&P 500 translated into a 2.9% win for the week. That's the fourth winning week in...
If the December rout was supposed to be the beginning of the end for the bull market, somebody forgot to tell the bulls that. With a boost founded on hope that the trade war will soon be winding down, Friday's 1.3% gain from the S&P 500 translated into a 2.9% win for the week. That's the fourth winning week in...
By Keris Lahiff, CNBC Netflix enters its earnings report after the bell in good shape. It has rallied more than 30 percent in January in the best performance of a FANG stock by a mile. The stock would need to pull back to one key level before it can roar back to records, though, says Todd Gordon, founder of TradingAnalysis.com....
By Keris Lahiff, CNBC Netflix enters its earnings report after the bell in good shape. It has rallied more than 30 percent in January in the best performance of a FANG stock by a mile. The stock would need to pull back to one key level before it can roar back to records, though, says Todd Gordon, founder of TradingAnalysis.com....
By Keris Lahiff, CNBC Political uncertainty abounds. The U.S. government is mired in its longest shutdown ever, U.S.-China trade talks are proving intractable and the Democratic challenger field is expanding as the 2020 presidential election grows closer. But LPL Financial senior market strategist Ryan Detrick says these unknowns coming from Washington are unlikely to shake Wall Street. In fact, history...
By Keris Lahiff, CNBC Political uncertainty abounds. The U.S. government is mired in its longest shutdown ever, U.S.-China trade talks are proving intractable and the Democratic challenger field is expanding as the 2020 presidential election grows closer. But LPL Financial senior market strategist Ryan Detrick says these unknowns coming from Washington are unlikely to shake Wall Street. In fact, history...
Near December 21, 2018, our research team began a series of posts indicating the US Major Indexes should be set up for the “Ultimate Bottom” low that we suggested would take place after the US Elections (November 2018) and which would launch an upside price rally. Today, we are writing to announce that the first leg of this upside move...
Near December 21, 2018, our research team began a series of posts indicating the US Major Indexes should be set up for the “Ultimate Bottom” low that we suggested would take place after the US Elections (November 2018) and which would launch an upside price rally. Today, we are writing to announce that the first leg of this upside move...
By Keris Lahiff, CNBC Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETF and 4 percent advance on the S&P 500. Ari Wald, head of technical...
By Keris Lahiff, CNBC Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETF and 4 percent advance on the S&P 500. Ari Wald, head of technical...
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