By Annie Pei, CNBC The bond market is about to breathe a sigh of relief, TradingAnalysis.com founder Todd Gordon told CNBC's "Trading Nation" on Thursday. Looking at a chart of the ETF that tracks longer-term Treasurys, Gordon said the bond market is oversold as yields remain overbought. He expects a relief rally around the corner. Here's why: Gordon observes that...
By Annie Pei, CNBC The bond market is about to breathe a sigh of relief, TradingAnalysis.com founder Todd Gordon told CNBC's "Trading Nation" on Thursday. Looking at a chart of the ETF that tracks longer-term Treasurys, Gordon said the bond market is oversold as yields remain overbought. He expects a relief rally around the corner. Here's why: Gordon observes that...
– Only a 'few' saw inflation moving above 2% target – By Greg Robb, MarketWatch Federal Reserve officials in their meeting in early May confirmed they planned to raise interest rates in June and were not concerned they were behind the curve on inflation. "Most participants judged that if incoming information broadly confirmed their economic outlook, it would likely soon...
– Only a 'few' saw inflation moving above 2% target – By Greg Robb, MarketWatch Federal Reserve officials in their meeting in early May confirmed they planned to raise interest rates in June and were not concerned they were behind the curve on inflation. "Most participants judged that if incoming information broadly confirmed their economic outlook, it would likely soon...
By Keris Lahiff, CNBC The U.S. dollar's rally is having an unusual effect on the commodities market. Gold prices have fallen as expected, while crude oil has rallied to its highest level in years. Oppenheimer's Ari Wald says this setup is bullish for the broader market. "When the value of the dollar rises, it typically costs less to buy commodities...
By Keris Lahiff, CNBC The U.S. dollar's rally is having an unusual effect on the commodities market. Gold prices have fallen as expected, while crude oil has rallied to its highest level in years. Oppenheimer's Ari Wald says this setup is bullish for the broader market. "When the value of the dollar rises, it typically costs less to buy commodities...
– Bulls shouldn't get too excited about smaller stocks' rally – By Mark Hulbert, CNBC It's undeniably good news that the Russell 2000 is at a new all-time high. But bulls are premature in concluding that this widely-used benchmark for the small-cap sector means the U.S. bull market is alive and well. It may very well be that the broad...
– Bulls shouldn't get too excited about smaller stocks' rally – By Mark Hulbert, CNBC It's undeniably good news that the Russell 2000 is at a new all-time high. But bulls are premature in concluding that this widely-used benchmark for the small-cap sector means the U.S. bull market is alive and well. It may very well be that the broad...
By Stephanie Landsman, CNBC The small cap Russell 2000 index is ripping to fresh records, while the overall stock market continues to struggle. B. Riley FBR's Art Hogan predicted recently that trend will dominate in the coming months. He has a year-end price target of 1800 on the Russell 2000, a 16 percent surge from where the index began the...
By Stephanie Landsman, CNBC The small cap Russell 2000 index is ripping to fresh records, while the overall stock market continues to struggle. B. Riley FBR's Art Hogan predicted recently that trend will dominate in the coming months. He has a year-end price target of 1800 on the Russell 2000, a 16 percent surge from where the index began the...
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