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...
Another trading week is in the books, and though the market booked a modest loss in it, a slew of traders have chalked it up to (a) the calendar, (b) profit-taking, (c) pre-breakout jitters and (d) [insert your explanation here.] And, maybe they're right. Maybe the broad market is just doing its usual back-and-forth thing. There's a nuance, however, that...
Another trading week is in the books, and though the market booked a modest loss in it, a slew of traders have chalked it up to (a) the calendar, (b) profit-taking, (c) pre-breakout jitters and (d) [insert your explanation here.] And, maybe they're right. Maybe the broad market is just doing its usual back-and-forth thing. There's a nuance, however, that...
By Keris Lahiff, CNBC Amazon, already up 50 percent in 2018, just hit its 34th intraday high of the year on Thursday. At this pace, its stock will surpass the 43 records it set in 2017, an all-time high. The sky is the limit for the shares, according to one market watcher. "As long as Amazon can execute, basically there's...
By Keris Lahiff, CNBC Amazon, already up 50 percent in 2018, just hit its 34th intraday high of the year on Thursday. At this pace, its stock will surpass the 43 records it set in 2017, an all-time high. The sky is the limit for the shares, according to one market watcher. "As long as Amazon can execute, basically there's...
– Here's what may be eroding gold's traditional haven status – By Mark DeCambre, MarketWatch The stock market has been rattled by the threat of a global trade war between two of the world largest economies, creating an environment that ought to draw bidders for gold, underlining its appeal as a haven asset in times of market uncertainty. However, that...
– Here's what may be eroding gold's traditional haven status – By Mark DeCambre, MarketWatch The stock market has been rattled by the threat of a global trade war between two of the world largest economies, creating an environment that ought to draw bidders for gold, underlining its appeal as a haven asset in times of market uncertainty. However, that...
By Keris Lahiff, CNBC The Dow is on its longest losing streak in more than a year as the U.S. and China try to top each other's tariff threats in an escalating trade conflict. But David Spika, president of GuideStone Capital Management, says a far larger risk looming over markets could trigger a "day of reckoning." "Fears of a trade...
By Keris Lahiff, CNBC The Dow is on its longest losing streak in more than a year as the U.S. and China try to top each other's tariff threats in an escalating trade conflict. But David Spika, president of GuideStone Capital Management, says a far larger risk looming over markets could trigger a "day of reckoning." "Fears of a trade...
The reason is up for debate; there may be more than one explanation. Then again, the reason or reasons don't really matter. What matters is that small cap stocks are forging ahead, and it ain't an accident or a fluke. This sliver of the market is the real deal – for the right reason – and should remain in charge...
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