By Stephanie Landsman, CNBC David Stockman is intensifying his bear case. President Ronald Reagan's Office of Management and Budget director blames a bull market that's getting longer in the tooth – paired with headwinds ranging from President Donald Trump's leadership to fiscal policy decisions to questionable earnings. "I call this a daredevil market. It's all risk and very little reward...
By Stephanie Landsman, CNBC David Stockman is intensifying his bear case. President Ronald Reagan's Office of Management and Budget director blames a bull market that's getting longer in the tooth – paired with headwinds ranging from President Donald Trump's leadership to fiscal policy decisions to questionable earnings. "I call this a daredevil market. It's all risk and very little reward...
By Annie Pei, CNBC The chart of the financials has reached a very precarious level, according to TradingAnalysis.com founder Todd Gordon. Not only is the financials-tracking ETF (XLF) down about 1.5 percent year to date, but Gordon says its underperformance relative to tech stocks makes it among the most vulnerable in the event of a market pullback. Here's why: The...
By Annie Pei, CNBC The chart of the financials has reached a very precarious level, according to TradingAnalysis.com founder Todd Gordon. Not only is the financials-tracking ETF (XLF) down about 1.5 percent year to date, but Gordon says its underperformance relative to tech stocks makes it among the most vulnerable in the event of a market pullback. Here's why: The...
The market wasn't entirely sure what it wanted to do for the better part of last week's holiday-shortened trading stretch. But, when push came to shove by the time Friday rolled around, it was the bulls doing all the pushing. The S&P 500 logged a respectable gain of 0.5%, leaving the index within sight/reach of the new multi-week highs hit...
The market wasn't entirely sure what it wanted to do for the better part of last week's holiday-shortened trading stretch. But, when push came to shove by the time Friday rolled around, it was the bulls doing all the pushing. The S&P 500 logged a respectable gain of 0.5%, leaving the index within sight/reach of the new multi-week highs hit...
By Keris Lahiff, CNBC Sell in May and go away? Not this year. Expect a June swoon? Don't hold your breath. These old market adages are in the past, says LPL Financial's Ryan Detrick. "There's still a lot more positives which makes us think maybe this kind of a surprise summer rally can continue if we get a little bit...
By Keris Lahiff, CNBC Sell in May and go away? Not this year. Expect a June swoon? Don't hold your breath. These old market adages are in the past, says LPL Financial's Ryan Detrick. "There's still a lot more positives which makes us think maybe this kind of a surprise summer rally can continue if we get a little bit...
