By Stephanie Landsman, CNBC Investors may want to hold on tight. Todd Salamone of Schaeffer's Investment Research suggests the stock market's wild ride will intensify this summer and could take the major indexes down with it. The firm's senior vice president of research cites an unusual scenario that materialized around the June Federal Reserve rate hike that bodes poorly for...
– The 'win' rate so far this century: 83% – By Simon Maierhofer, MarketWatch Here are stats on the most bullish S&P 500 Index trading day of the year since the beginning of the new century: When: First trading day of July (in 2018, that's July 2) Average return: 0.35% (see chart below for more details) Win rate: 83.33% The...
– The 'win' rate so far this century: 83% – By Simon Maierhofer, MarketWatch Here are stats on the most bullish S&P 500 Index trading day of the year since the beginning of the new century: When: First trading day of July (in 2018, that's July 2) Average return: 0.35% (see chart below for more details) Win rate: 83.33% The...
By Stephanie Landsman, CNBC The stock market may be on the verge of an even deeper decline. Federated Investors' Phil Orlando is out with a note suggesting a cruel summer for stocks has arrived. "We're expecting an air pocket here that will take the market down to let's say the 200-day moving average over the summer months," the firm's chief...
By Stephanie Landsman, CNBC The stock market may be on the verge of an even deeper decline. Federated Investors' Phil Orlando is out with a note suggesting a cruel summer for stocks has arrived. "We're expecting an air pocket here that will take the market down to let's say the 200-day moving average over the summer months," the firm's chief...
The proliferation of die-hard tech bulls is making one analyst fearful that the end of its reign might be close. A turn for tech stocks would spell trouble for the rest of the market, warns Chris Harvey of Wells Fargo. By Keris Lahiff, CNBC The technology sector has been riding high this year with the seemingly invincible FANG names leading...
The proliferation of die-hard tech bulls is making one analyst fearful that the end of its reign might be close. A turn for tech stocks would spell trouble for the rest of the market, warns Chris Harvey of Wells Fargo. By Keris Lahiff, CNBC The technology sector has been riding high this year with the seemingly invincible FANG names leading...
– The Dow's run above 200-day moving average is the third lengthiest, according to Bespoke – By Mark DeCambre, MarketWatch An uncanny streak for the Dow Jones Industrial Average, which had underlined its bullish momentum, ended on Monday, signaling that a bearish turn may be at hand. The Dow closed sharply lower, falling around 328 points, or 1.3%, to 24,252.80,...
– The Dow's run above 200-day moving average is the third lengthiest, according to Bespoke – By Mark DeCambre, MarketWatch An uncanny streak for the Dow Jones Industrial Average, which had underlined its bullish momentum, ended on Monday, signaling that a bearish turn may be at hand. The Dow closed sharply lower, falling around 328 points, or 1.3%, to 24,252.80,...
A little profit-taking last week didn't come as a big surprise, particularly in light of rekindles trade war fears. Though nobody really thinks geopolitical tensions will snowball into a global recession, that was the rhetoric-of-the-day for a couple of days last week. As has been the case several times in recent weeks, however, traders were mostly expecting a lull, followed...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
