With nothing more than a quick glance at Wednesday's market action, and headlines, it's not difficult to connect the dots. Renewed (and ramped-up) trade war chatter undercut stocks, which were overbought to begin with. That was the only cause, and this was the only possible outcome. That's a viewpoint, however, that doesn't hold up to scrutiny. Reality: Traders never really...
With nothing more than a quick glance at Wednesday's market action, and headlines, it's not difficult to connect the dots. Renewed (and ramped-up) trade war chatter undercut stocks, which were overbought to begin with. That was the only cause, and this was the only possible outcome. That's a viewpoint, however, that doesn't hold up to scrutiny. Reality: Traders never really...
– Scott Minerd says investors shouldn't ignore 'risks and consequences of a #tradewar' – By Mark DeCambre, MarketWatch The Dow Jones Industrial Average on Monday had its best day in about a month, but Scott Minerd of Guggenheim Partners says investors shouldn't be lulled into a false sense of security amid intensifying clashes over global trade. Concerns about global trade...
– Scott Minerd says investors shouldn't ignore 'risks and consequences of a #tradewar' – By Mark DeCambre, MarketWatch The Dow Jones Industrial Average on Monday had its best day in about a month, but Scott Minerd of Guggenheim Partners says investors shouldn't be lulled into a false sense of security amid intensifying clashes over global trade. Concerns about global trade...
By Keris Lahiff, CNBC A month ago, veteran market technician Louise Yamada called for gold prices to drop to as low as $1,250 an ounce. That call turned out to be golden and now, Yamada sees even more pain from here. "The next target is $1,200 or thereabouts," Yamada, managing director of Louise Yamada Technical Research Advisors, told CNBC's "Futures...
By Keris Lahiff, CNBC A month ago, veteran market technician Louise Yamada called for gold prices to drop to as low as $1,250 an ounce. That call turned out to be golden and now, Yamada sees even more pain from here. "The next target is $1,200 or thereabouts," Yamada, managing director of Louise Yamada Technical Research Advisors, told CNBC's "Futures...
After a couple of tough weeks (and a bad start to last week), the bulls changed their mind again. The S&P 500 managed to reverse back into a bullish mood again, and did so in pretty decisive fashion. Most of the indices even managed to cross back above pivotal moving average lines. We have to respect the clues as they...
After a couple of tough weeks (and a bad start to last week), the bulls changed their mind again. The S&P 500 managed to reverse back into a bullish mood again, and did so in pretty decisive fashion. Most of the indices even managed to cross back above pivotal moving average lines. We have to respect the clues as they...
By Keris Lahiff, CNBC For all the talk of a trade war and an eager-to-hike Fed, markets haven't moved much this summer. The S&P 500 is now back to where it was in mid-May. Two key levels could bring about the next big swings on the S&P 500, says one market watcher. "On the resistance level it's the 2,800 level....
By Keris Lahiff, CNBC For all the talk of a trade war and an eager-to-hike Fed, markets haven't moved much this summer. The S&P 500 is now back to where it was in mid-May. Two key levels could bring about the next big swings on the S&P 500, says one market watcher. "On the resistance level it's the 2,800 level....
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