– Morgan Stanley's Wilson: Too much resistance in stock market for a 'straight up' recovery – By Sue Chang, MarketWatch The stock market is in the midst of its longest winning streak in months, but at least one Wall Street strategist is not convinced that investors are out of the woods yet. Mike Wilson, equity strategist at Morgan Stanley,...
– Morgan Stanley's Wilson: Too much resistance in stock market for a 'straight up' recovery – By Sue Chang, MarketWatch The stock market is in the midst of its longest winning streak in months, but at least one Wall Street strategist is not convinced that investors are out of the woods yet. Mike Wilson, equity strategist at Morgan Stanley,...
The 10% rebound since Christmas, if most traders are being honest with themselves, came as a bit of a surprise. Indeed, even more surprising is that despite a nasty tumble on Thursday, January 3rd, didn’t kill the budding rebound effort. The buyers came back more convinced than ever the very next day to carry stocks to even higher highs. Now, fearing...
The 10% rebound since Christmas, if most traders are being honest with themselves, came as a bit of a surprise. Indeed, even more surprising is that despite a nasty tumble on Thursday, February 3rd, didn’t kill the budding rebound effort. The buyers came back more convinced than ever the very next day to carry stocks to even higher highs. Now,...
– WTI's 50-day moving average stands at $53.50 a barrel – By Mark DeCambre, MarketWatch After enduring a withering downturn, crude-oil prices flirted with a closely watched line in the sand that, if breached, could signal further gains ahead. West Texas Intermediate crude for February delivery was up $2.39, or 5.2%, to settle at $52.36 a barrel, putting the U.S....
– WTI's 50-day moving average stands at $53.50 a barrel – By Mark DeCambre, MarketWatch After enduring a withering downturn, crude-oil prices flirted with a closely watched line in the sand that, if breached, could signal further gains ahead. West Texas Intermediate crude for February delivery was up $2.39, or 5.2%, to settle at $52.36 a barrel, putting the U.S....
By Stephanie Landsman, CNBC Federated Investors' top market watcher is calling long-time bears "shameless." According to Phil Orlando, they're guilty of putting extreme negativity ahead of strong economic fundamentals. "Toxic sentiment is what drove the market down so sharply during the month of December," the firm's chief equity strategist said Tuesday on CNBC's "Futures Now. " "Last Friday was a...
By Stephanie Landsman, CNBC Federated Investors' top market watcher is calling long-time bears "shameless." According to Phil Orlando, they're guilty of putting extreme negativity ahead of strong economic fundamentals. "Toxic sentiment is what drove the market down so sharply during the month of December," the firm's chief equity strategist said Tuesday on CNBC's "Futures Now. " "Last Friday was a...
Early trading on January 4, 2019, saw Gold reach just above $1300 per ounce – confirming our price target from our research and posts on November 24, 2018. The importance of this move cannot be under-estimated. Traders and investors need to understand the recent rally in the metals markets are attempting to alert us that FEAR is starting to re-enter...
Early trading on January 4, 2019, saw Gold reach just above $1300 per ounce – confirming our price target from our research and posts on November 24, 2018. The importance of this move cannot be under-estimated. Traders and investors need to understand the recent rally in the metals markets are attempting to alert us that FEAR is starting to re-enter...
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