As far back as early November we've been suggesting crude oil prices were in a bullish mode, and mood…. saying so at a point in time when being bullish on oil was not only not en vogue, but when many traders (professional and amateur alike) were convinced the commodity was due for another setback. Since then, crude oil price have...
As far back as early November we've been suggesting crude oil prices were in a bullish mode, and mood…. saying so at a point in time when being bullish on oil was not only not en vogue, but when many traders (professional and amateur alike) were convinced the commodity was due for another setback. Since then, crude oil price have...
– Optimism has surged, which could be a risk – By RyanVlastelica, MarketWatch Expectations for corporate tax cuts are credited with boosting the stock market to repeated records, but optimism over the legislation means its passage could mark a near-term peak for equities. Earlier this year, Morgan Stanley forecast a market top "the day President Trump actually signs the tax...
– Optimism has surged, which could be a risk – By RyanVlastelica, MarketWatch Expectations for corporate tax cuts are credited with boosting the stock market to repeated records, but optimism over the legislation means its passage could mark a near-term peak for equities. Earlier this year, Morgan Stanley forecast a market top "the day President Trump actually signs the tax...
Once again the bears had an opportunity (and ample reason) to stop this rally cold, and once again the bulls prevailed…. valuations and the technically-overbought condition being largely ignored. It's the fourth straight week the S&P 500 logged a gain moving deeper into record-high territory. The old problems/risks still linger. Chief among them is extreme, almost-dangerous confidence, as evidenced by...
Once again the bears had an opportunity (and ample reason) to stop this rally cold, and once again the bulls prevailed…. valuations and the technically-overbought condition being largely ignored. It's the fourth straight week the S&P 500 logged a gain moving deeper into record-high territory. The old problems/risks still linger. Chief among them is extreme, almost-dangerous confidence, as evidenced by...
Truth be told, most traders – and new traders in particular – are "whale hunters." In other words, they're aiming to for huge winners, all the time. There's a certain logic to the way of thinking too, to be fair. As much as we'd like to believe we know how well each trade is going to perform when we enter...
Truth be told, most traders – and new traders in particular – are "whale hunters." In other words, they're aiming to for huge winners, all the time. There's a certain logic to the way of thinking too, to be fair. As much as we'd like to believe we know how well each trade is going to perform when we enter...
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,...
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,...
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