By Stephanie Landsman, CNBC The market turmoil may have a lot more life left in it, and just when it seems like it's calming down — another jolt could be right behind it. That's the scenario Invesco's Kristina Hooper sees unfolding. She predicts a plunge of this magnitude could happen multiple times in the next 10 months. "I would expect...
To the average, unsuspecting trader, this week's rebound from last week's rout might look like the typical beginning of a recovery after a typical (albeit shocking) correction. It happens. And, maybe that's exactly what this will end up being. There are a couple of red flags waving, however, suggesting the bulls may not want to count their chickens before they're...
To the average, unsuspecting trader, this week's rebound from last week's rout might look like the typical beginning of a recovery after a typical (albeit shocking) correction. It happens. And, maybe that's exactly what this will end up being. There are a couple of red flags waving, however, suggesting the bulls may not want to count their chickens before they're...
By Annie Pei, CNBC FANG stocks are getting their bite back, but there's one name that sat out the rally on Thursday – Facebook. While shares of Amazon, Netflix and Alphabet were sharply in the green Thursday afternoon, Facebook shares were struggling to stay afloat. TradingAnalysis.com founder Todd Gordon says the technical setup for the social giant is weak. Gordon...
By Annie Pei, CNBC FANG stocks are getting their bite back, but there's one name that sat out the rally on Thursday – Facebook. While shares of Amazon, Netflix and Alphabet were sharply in the green Thursday afternoon, Facebook shares were struggling to stay afloat. TradingAnalysis.com founder Todd Gordon says the technical setup for the social giant is weak. Gordon...
Based on nothing more than the headlines, it would be easy to conclude the average consumer fell off a cliff in January. A rising stock market and rising wages sent spenders to stores in droves near the end of last year, with December's retail spending up firmly (at least as initially reported). Indeed, with consumer confidence at or near record...
Based on nothing more than the headlines, it would be easy to conclude the average consumer fell off a cliff in January. A rising stock market and rising wages sent spenders to stores in droves near the end of last year, with December's retail spending up firmly (at least as initially reported). Indeed, with consumer confidence at or near record...
In Wednesday's Midweek Update Video, Bigtrends.com chief Price Headley dissected several charts, most of which were rallying with the market (and some of which were doing so not only despite the surge in inflation last month, but because of it). Gold was at the top of the list, and for good reason. Not only was it already in a swing...
In Wednesday's Midweek Update Video, Bigtrends.com chief Price Headley dissected several charts, most of which were rallying with the market (and some of which were doing so not only despite the surge in inflation last month, but because of it). Gold was at the top of the list, and for good reason. Not only was it already in a swing...
– No "all clear to buy the dip" yet, strategist says – By Ryan Vlastelica, MarketWatch The recent turbulence on Wall Street, which pushed the U.S. stock market into its first correction in about two years, seems to have soured fund managers on where the economy may be headed. According to the BofA Merrill Lynch fund manager survey for February,...
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