By Stephanie Landsman, CNBC Wall Street may be embracing the Nasdaq's return to all-time highs, but Gluskin Sheff's David Rosenberg isn't ready to abandon his bear case for stocks – he's strengthening it. "What I'm seeing is the makings of a double top in the stock market," the firm's chief economist and strategist said Monday on CNBC's "Trading Nation." "We...
By Stephanie Landsman, CNBC Wall Street may be embracing the Nasdaq's return to all-time highs, but Gluskin Sheff's David Rosenberg isn't ready to abandon his bear case for stocks – he's strengthening it. "What I'm seeing is the makings of a double top in the stock market," the firm's chief economist and strategist said Monday on CNBC's "Trading Nation." "We...
By Keris Lahiff, CNBC Small-cap stocks have seen some big gains in the past week. The index rose 2.5 percent and just logged its best five-day stretch since mid-February. But rather than jumping in, one longtime market watcher says now might be the time to make a trade. "Large-cap value is still going to outperform anything small-cap," Michael Bapis, partner...
By Keris Lahiff, CNBC Small-cap stocks have seen some big gains in the past week. The index rose 2.5 percent and just logged its best five-day stretch since mid-February. But rather than jumping in, one longtime market watcher says now might be the time to make a trade. "Large-cap value is still going to outperform anything small-cap," Michael Bapis, partner...
Despite last week's bullish start, the buyers offered very little follow-through in the middle of the week. Too much political noise kept traders on the sidelines. That all changed on Friday though, and with very little prodding. Thanks to Friday's 1.74% jump from the S&P 500, the index booked a gain of 3.5% for the week… one of the biggest...
Despite last week's bullish start, the buyers offered very little follow-through in the middle of the week. Too much political noise kept traders on the sidelines. That all changed on Friday though, and with very little prodding. Thanks to Friday's 1.74% jump from the S&P 500, the index booked a gain of 3.5% for the week… one of the biggest...
Think February's job report was good, with 313,000 (the best since mid-2016) new payrolls coming online? It was. And yet, the splashy headline may actually understate how strong the employment picture is now. It's a point we've made before, but it bears repeating now – the job growth an unemployment numbers aren't the whole story. They're just the beginning of...
Think February's job report was good, with 313,000 (the best since mid-2016) new payrolls coming online? It was. And yet, the splashy headline may actually understate how strong the employment picture is now. It's a point we've made before, but it bears repeating now – the job growth an unemployment numbers aren't the whole story. They're just the beginning of...
By Keris Lahiff, CNBC Amazon and Netflix live in a different reality from the rest of the market. As the S&P 500 clawed back from February sell-offs, the two have already hit a handful of new record highs. And that move has one widely followed technician on watch. "Both Amazon and Netflix are making new highs whereas a lot of...
By Keris Lahiff, CNBC Amazon and Netflix live in a different reality from the rest of the market. As the S&P 500 clawed back from February sell-offs, the two have already hit a handful of new record highs. And that move has one widely followed technician on watch. "Both Amazon and Netflix are making new highs whereas a lot of...
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