From Rebecca Ungarino, CNBC After a blockbuster start to the year, energy stocks have been range-bound. But one top technical analyst says a group within the sector is poised to charge higher. Oil refinery stocks look particularly well-positioned, according to Ari Wald, head of technical analysis at Oppenheimer. He gushed about one refiner within the group, Andeavor, in a recent...
From Rebecca Ungarino, CNBC After a blockbuster start to the year, energy stocks have been range-bound. But one top technical analyst says a group within the sector is poised to charge higher. Oil refinery stocks look particularly well-positioned, according to Ari Wald, head of technical analysis at Oppenheimer. He gushed about one refiner within the group, Andeavor, in a recent...
– We think the selling has just begun,' analysts say – By Ryan Vlastelica, MarketWatch The U.S. stock market has been partying all throughout July, and a hangover is coming. That is according to analysts at Morgan Stanley, who said that Wall Street's rally is showing signs of "exhaustion," and that with major positive catalysts for trading now in the...
– We think the selling has just begun,' analysts say – By Ryan Vlastelica, MarketWatch The U.S. stock market has been partying all throughout July, and a hangover is coming. That is according to analysts at Morgan Stanley, who said that Wall Street's rally is showing signs of "exhaustion," and that with major positive catalysts for trading now in the...
Nobody can honestly say they were surprised the market hit a wall and peeled back on Friday. There are a million things that could easily go wrong for the market here. And, while there are a million things that can still go right, most of them had already been priced in since late June. Stocks were ripe for a little...
Nobody can honestly say they were surprised the market hit a wall and peeled back on Friday. There are a million things that could easily go wrong for the market here. And, while there are a million things that can still go right, most of them had already been priced in since late June. Stocks were ripe for a little...
By Matt Maley, CNBC All it takes is a peek under the market's hood to see several warning signs cropping up for stocks. Specifically, three measures of breadth, including the number of stocks advancing relative to the number declining – a way to take the market's temperature – have been experiencing some meaningful cracks recently. We've all heard about how...
By Matt Maley, CNBC All it takes is a peek under the market's hood to see several warning signs cropping up for stocks. Specifically, three measures of breadth, including the number of stocks advancing relative to the number declining – a way to take the market's temperature – have been experiencing some meaningful cracks recently. We've all heard about how...
