– The smart money will soon head for the exits, if the typical pattern emerges – By Aaron Hankin, CNBC It isn't uncommon for crypto-skeptics to look a bitcoin chart and, without much analysis, label it the tulip bubble of the 21st century. But economists note that bubbles are complex things, with a life cycle of their own. According to...
– The smart money will soon head for the exits, if the typical pattern emerges – By Aaron Hankin, CNBC It isn't uncommon for crypto-skeptics to look a bitcoin chart and, without much analysis, label it the tulip bubble of the 21st century. But economists note that bubbles are complex things, with a life cycle of their own. According to...
By Keris Lahiff, CNBC After a big sell-off on Wall Street, charts expert Ralph Acampora sees the latest unsuccessful rally as the possible beginning of a bear market. "Failed rallies are anathema to the stock market," Acampora, director of technical research at Altaira Capital Partners, told CNBC's "Futures Now" on Tuesday. To Acampora, the S&P 500 closing below 2,700 on...
By Keris Lahiff, CNBC After a big sell-off on Wall Street, charts expert Ralph Acampora sees the latest unsuccessful rally as the possible beginning of a bear market. "Failed rallies are anathema to the stock market," Acampora, director of technical research at Altaira Capital Partners, told CNBC's "Futures Now" on Tuesday. To Acampora, the S&P 500 closing below 2,700 on...
The month of June generally isn't a great one for the market. The S&P 500, on average, loses about a tenth of a percent in the month ahead, and loses ground almost as often as it logs a gain. (meaning the average loss is just a bit bigger than the average gain when there is a gain in June). The...
The month of June generally isn't a great one for the market. The S&P 500, on average, loses about a tenth of a percent in the month ahead, and loses ground almost as often as it logs a gain. (meaning the average loss is just a bit bigger than the average gain when there is a gain in June). The...
Meh. In the grand scheme of things, Tuesday could have been worse. The S&P 500 ended up losing 1.16% of its value, and broke under some fairly important support levels. But, it was pushing up and off of its low before the day's close, and the volume behind the selling – though not modest – wasn't exactly devastating either. It's...
Meh. In the grand scheme of things, Tuesday could have been worse. The S&P 500 ended up losing 1.16% of its value, and broke under some fairly important support levels. But, it was pushing up and off of its low before the day's close, and the volume behind the selling – though not modest – wasn't exactly devastating either. It's...
By Keris Lahiff, CNBC Oil begins a new week after ending the last with its worst losses in three months. Commodities traders shouldn't worry, though, says one technician – the charts suggest more good news than bad. "At this point in time, the charts just look like a pullback within the context of a bigger uptrend," Craig Johnson, chief market...
By Keris Lahiff, CNBC Oil begins a new week after ending the last with its worst losses in three months. Commodities traders shouldn't worry, though, says one technician – the charts suggest more good news than bad. "At this point in time, the charts just look like a pullback within the context of a bigger uptrend," Craig Johnson, chief market...
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