By Annie Pei, CNBC Tesla recently climbed out of bear market territory, and one chart-minded trader sees an even bigger comeback in the cards. Shares of the electric auto maker surged 7 percent this week after Pepsi announced it preordered 100 of the new Tesla Semi trucks. The stock is still down more than 10 percent from its recent high,...
"Mad Money" host Jim Cramer told investors to watch for signs of overheating in the stock market going into 2018. A famous investor once said, "Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." Cramer said that right now, the bull market is in stage three: optimism. By Elizabeth Gurdus,...
"Mad Money" host Jim Cramer told investors to watch for signs of overheating in the stock market going into 2018. A famous investor once said, "Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." Cramer said that right now, the bull market is in stage three: optimism. By Elizabeth Gurdus,...
– Central bank sticks with forecast of three rate hikes in 2018 – By Greg Robb and Jeffry Bartash, MarketWatch The Federal Reserve on Wednesday lifted a key U.S. interest rate and struck a wait-and-see stance that takes into account weak inflation and a change in leadership at the central bank. The central bank as expected on Wednesday raised its...
– Central bank sticks with forecast of three rate hikes in 2018 – By Greg Robb and Jeffry Bartash, MarketWatch The Federal Reserve on Wednesday lifted a key U.S. interest rate and struck a wait-and-see stance that takes into account weak inflation and a change in leadership at the central bank. The central bank as expected on Wednesday raised its...
In the world of trading, the phrase "this time is different" is a dangerous one. This time is usually NOT different. The phrase is uttered — generally — by traders who so desperately want (or need) things to be different this time. Most of the time, things aren't different. Nevertheless, knowing the perils of making assumptions based on hope shouldn't...
In the world of trading, the phrase "this time is different" is a dangerous one. This time is usually NOT different. The phrase is uttered — generally — by traders who so desperately want (or need) things to be different this time. Most of the time, things aren't different. Nevertheless, knowing the perils of making assumptions based on hope shouldn't...
– Investors are better off putting money in cryptocurrency-related stocks – By Nigam Arora, MarketWatch Some investors are excited about bitcoin futures, and others think bitcoin itself is a fraud. Most investors ought to focus on, for example, 11 bitcoin-related stocks due to much lower risk. Even if you are not a bitcoin enthusiast and are happy limiting yourself to...
– Investors are better off putting money in cryptocurrency-related stocks – By Nigam Arora, MarketWatch Some investors are excited about bitcoin futures, and others think bitcoin itself is a fraud. Most investors ought to focus on, for example, 11 bitcoin-related stocks due to much lower risk. Even if you are not a bitcoin enthusiast and are happy limiting yourself to...
Despite the wobbly start to the week, as has been the case for months now, the bulls found a reason/excise to rekindle the rally. Though it was only a small gain logged last week, it was a gain nonetheless. Handicapping the market, ergo, has become an almost-pointless exercise. Conventional thought and normal application of technical analysis tools don't really apply...
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