Stocks may have wobbled late last week, but at least they held their ground. That's something. Unfortunately, it didn't do them a whole lot of good. Tuesday's strong selloff wasn't undone, and that was enough to leave the S&P 500 under the pivotal 20-day moving average line for the week. Indeed, the index is within striking distance of a much...
Stocks may have wobbled late last week, but at least they held their ground. That's something. Unfortunately, it didn't do them a whole lot of good. Tuesday's strong selloff wasn't undone, and that was enough to leave the S&P 500 under the pivotal 20-day moving average line for the week. Indeed, the index is within striking distance of a much...
By Annie Pei, CNBC The Nasdaq 100 broke a historical win streak, and according to one technical analyst, investors may have to brace themselves for a possible correction. Tuesday on CNBC's "Futures Now," Pension Partners' director of research, Charlie Bilello, pointed out that the Nasdaq 100 had been trading above its 50-day moving average for 138 consecutive trading days, which...
By Annie Pei, CNBC The Nasdaq 100 broke a historical win streak, and according to one technical analyst, investors may have to brace themselves for a possible correction. Tuesday on CNBC's "Futures Now," Pension Partners' director of research, Charlie Bilello, pointed out that the Nasdaq 100 had been trading above its 50-day moving average for 138 consecutive trading days, which...
On Tuesday, we pointed out how the U.S. dollar — using the U.S. Dollar Index as our proxy — was in serious trouble. Though it was still on the high side of its absolute scale, it was teetering on the verge of a break under key support levels. It broke under that floor in rather decisive fashion since them. Today's...
On Tuesday, we pointed out how the U.S. dollar — using the U.S. Dollar Index as our proxy — was in serious trouble. Though it was still on the high side of its absolute scale, it was teetering on the verge of a break under key support levels. It broke under that floor in rather decisive fashion since them. Today's...
Wall Street's strategists predict where stocks will go in the 2nd half of 2017 Sixty-four percent think the S&P 500 will jump more than 5 percent. Sixty percent said financials will be the top-performing sector. By Patricia Martell, CNBC As the first half of the year comes to a close, CNBC's "Halftime Report" surveyed Wall Street's strategists to find out...
Wall Street's strategists predict where stocks will go in the 2nd half of 2017 Sixty-four percent think the S&P 500 will jump more than 5 percent. Sixty percent said financials will be the top-performing sector. By Patricia Martell, CNBC As the first half of the year comes to a close, CNBC's "Halftime Report" surveyed Wall Street's strategists to find out...
It largely went unnoticed on Tuesday thanks to plenty of noise from other facets of the market, but the U.S. dollar was up-ended, sinking to new multi-month lows and setting the stage for more downside. The price of gold and oil haven't fully reflected the scope of the dollar's dip yet, but if the chart of the greenback does what...
It largely went unnoticed on Tuesday thanks to plenty of noise from other facets of the market, but the U.S. dollar was up-ended, sinking to new multi-month lows and setting the stage for more downside. The price of gold and oil haven't fully reflected the scope of the dollar's dip yet, but if the chart of the greenback does what...
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