By Keris Lahiff, CNBC The U.S. dollar's rally is having an unusual effect on the commodities market. Gold prices have fallen as expected, while crude oil has rallied to its highest level in years. Oppenheimer's Ari Wald says this setup is bullish for the broader market. "When the value of the dollar rises, it typically costs less to buy commodities...
– Bulls shouldn't get too excited about smaller stocks' rally – By Mark Hulbert, CNBC It's undeniably good news that the Russell 2000 is at a new all-time high. But bulls are premature in concluding that this widely-used benchmark for the small-cap sector means the U.S. bull market is alive and well. It may very well be that the broad...
– Bulls shouldn't get too excited about smaller stocks' rally – By Mark Hulbert, CNBC It's undeniably good news that the Russell 2000 is at a new all-time high. But bulls are premature in concluding that this widely-used benchmark for the small-cap sector means the U.S. bull market is alive and well. It may very well be that the broad...
By Stephanie Landsman, CNBC The small cap Russell 2000 index is ripping to fresh records, while the overall stock market continues to struggle. B. Riley FBR's Art Hogan predicted recently that trend will dominate in the coming months. He has a year-end price target of 1800 on the Russell 2000, a 16 percent surge from where the index began the...
By Stephanie Landsman, CNBC The small cap Russell 2000 index is ripping to fresh records, while the overall stock market continues to struggle. B. Riley FBR's Art Hogan predicted recently that trend will dominate in the coming months. He has a year-end price target of 1800 on the Russell 2000, a 16 percent surge from where the index began the...
As we feared a week ago, that breakout move just wasn't meant to last. Between a lack of volume behind the bullish thrust and the time of year (not to mention all the lingering uncertainties), traders just couldn't muster enough mojo to really cement the surge into place. That's not to suggest stocks are back in dire straits. All things...
As we feared a week ago, that breakout move just wasn't meant to last. Between a lack of volume behind the bullish thrust and the time of year (not to mention all the lingering uncertainties), traders just couldn't muster enough mojo to really cement the surge into place. That's not to suggest stocks are back in dire straits. All things...
This Saturday marks the Preakness at the Pimlico race track in Maryland, the 2nd leg of Horse Racing's Triple Crown. Justify took home the Kentucky Derby on a sloppy track (the 6th favorite in a row to win the Derby). It's expected to be a very wet track for the Preakness as well, which I think further helps the favorite....
This Saturday marks the Preakness at the Pimlico race track in Maryland, the 2nd leg of Horse Racing's Triple Crown. Justify took home the Kentucky Derby on a sloppy track (the 6th favorite in a row to win the Derby). It's expected to be a very wet track for the Preakness as well, which I think further helps the favorite....
By Keris Lahiff, CNBC As the greenback soars to its highest levels of the year, one trader sees a couple of market areas that could ride the currency's coattails."I think we have to go with the ones that have been outperforming so far," said Frank Cappelleri, senior equity trader at Instinet, Wedsday on CNBC's "Trading Nation." The IWM small-cap Russell...
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