The market may have mustered a gain last week, but it was anything but a decisive victory. The indices didn't clear some key technical resistance, and once again the volume supporting the advance was feeble. This whole thing could still crumble easily enough… ultimately proving it's not the initial bullish effort that matters, but the one that will carry stocks...
The market may have mustered a gain last week, but it was anything but a decisive victory. The indices didn't clear some key technical resistance, and once again the volume supporting the advance was feeble. This whole thing could still crumble easily enough… ultimately proving it's not the initial bullish effort that matters, but the one that will carry stocks...
By Victor Reklaitis, MarketWatch It’s Friday the 13th and earnings day for three big banks, as the S&P 500 tries to flip green for the year. Meanwhile, Russia is warning that American strikes on Syria could bring war, and China’s trade surplus with the U.S. just surged. President Trump is pardoning Scooter Libby, probing the postal service and probably not...
By Victor Reklaitis, MarketWatch It’s Friday the 13th and earnings day for three big banks, as the S&P 500 tries to flip green for the year. Meanwhile, Russia is warning that American strikes on Syria could bring war, and China’s trade surplus with the U.S. just surged. President Trump is pardoning Scooter Libby, probing the postal service and probably not...
By Keris Lahiff, CNBC Gold soared to two-year highs this week as uncertainty rattled the market. The bull run isn't over yet, says one strategist. "I am a buyer. I really do like it," Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC's "Trading Nation" on Wednesday. It's "retaking its mantle as the key defensive asset...
By Keris Lahiff, CNBC Gold soared to two-year highs this week as uncertainty rattled the market. The bull run isn't over yet, says one strategist. "I am a buyer. I really do like it," Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC's "Trading Nation" on Wednesday. It's "retaking its mantle as the key defensive asset...
By Keris Lahiff, CNBC As broader tech stocks endure the whims of a volatile market, Miller Tabak's Matt Maley points to an old guard of the sector that could act as a shield. Intel is "one of those stocks that people think about as an old-line name. However, the stock has actually been a high flyer for the last six...
By Keris Lahiff, CNBC As broader tech stocks endure the whims of a volatile market, Miller Tabak's Matt Maley points to an old guard of the sector that could act as a shield. Intel is "one of those stocks that people think about as an old-line name. However, the stock has actually been a high flyer for the last six...
As far as breakouts go, it wasn't exactly ideal. The market doesn't like to leave gaps in the rear view mirror, and the one left behind with Wednesday's leap is difficult to ignore. Nevertheless, gold has punched through a major ceiling, and did so without the help of a plunging dollar. Though it will be difficult for gold futures to...
As far as breakouts go, it wasn't exactly ideal. The market doesn't like to leave gaps in the rear view mirror, and the one left behind with Wednesday's leap is difficult to ignore. Nevertheless, gold has punched through a major ceiling, and did so without the help of a plunging dollar. Though it will be difficult for gold futures to...
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