By Matt Maley, CNBC As we wrap up this year and look ahead to 2018, many investors are focused on how strong global growth might be next year. This consensus is looking for strong growth, with U.S. tax cuts leading the way, though certainly not the exclusive catalyst for global economic expansion. Of course, the consensus can frequently prove wrong;...
A week ago, we updated a bullish call on oil that extends all the way back to early November. That wasn't an easy time to be bullish crude, despite the rally that was underway at the time – most were counting on a quick correction that pulled oil prices back to the low $50's… where the pros were thinking it...
A week ago, we updated a bullish call on oil that extends all the way back to early November. That wasn't an easy time to be bullish crude, despite the rally that was underway at the time – most were counting on a quick correction that pulled oil prices back to the low $50's… where the pros were thinking it...
Bitcoin could trade in a range of $6,500 to $22,000 in 2018, according to Nick Colas at DataTrek Research, an analyst who's been covering the cryptocurrency for at least four years. Along with the wild price fluctuations will come four market "crashes" with price drops of at least 40 percent, he said. Ultimately, he said a price of $14,035 would...
Bitcoin could trade in a range of $6,500 to $22,000 in 2018, according to Nick Colas at DataTrek Research, an analyst who's been covering the cryptocurrency for at least four years. Along with the wild price fluctuations will come four market "crashes" with price drops of at least 40 percent, he said. Ultimately, he said a price of $14,035 would...
One would think between the usual Santa Claus rally leading up to Christmas Day and the official enactment of lower tax rates, the market would have been roaring last week. One would have been wrong, however. Stocks finished slightly higher last week, but only because of a rather bullish Monday. Past that, traders weren't overly excited. Part of that stems...
One would think between the usual Santa Claus rally leading up to Christmas Day and the official enactment of lower tax rates, the market would have been roaring last week. One would have been wrong, however. Stocks finished slightly higher last week, but only because of a rather bullish Monday. Past that, traders weren't overly excited. Part of that stems...
Take it with a grain of salt, since it may have more to do with the end of the year and politics than the sector's themselves. But, there's some strange sector rotation going in you may want to note. Never heard of it? Don't sweat it – it's not at complicated as it may sound. Sector rotation simply means some...
Take it with a grain of salt, since it may have more to do with the end of the year and politics than the sector's themselves. But, there's some strange sector rotation going in you may want to note. Never heard of it? Don't sweat it – it's not at complicated as it may sound. Sector rotation simply means some...
By Rebecca Ungarino, CNBC It's proved to be a major market theme this year: Stocks are hitting all-time high after all-time high in what appears to be an unstoppable juggernaut of an equity rally. Many say that's cause for concern, as the broader market has seen so few pullbacks this year amid virtually no volatility. According to one analysis, however,...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
