Against the odds, stocks managed to reverse the weakness from a couple weeks ago and log a gain last week. In fact, most of the major indices ended the week at all-time record highs, looking for more. It's certainly a good sign, even if the bullishness is playing out at a time of year — the month of September —...
By Annie Pei, CNBC The big tech rally is starting to lose steam, according to trader Todd Gordon, who says that as a result, it's time to bet against the sector. "We've been watching the tech sector underperform lately, and I think we're starting to carve out a top," the TradingAnalysis.com founder said Thursday on CNBC's "Trading Nation." To make...
By Annie Pei, CNBC The big tech rally is starting to lose steam, according to trader Todd Gordon, who says that as a result, it's time to bet against the sector. "We've been watching the tech sector underperform lately, and I think we're starting to carve out a top," the TradingAnalysis.com founder said Thursday on CNBC's "Trading Nation." To make...
It's becoming an all-too-familiar story. And, though switching the focus from the S&P 500 and the NYSE to the NASDAQ Composite provides us with a little bit of variety, the message is still the same. That is, there's just not enough participation in ANY of the market's recent rally efforts to allow stocks to achieve escape velocity. The only reason...
It's becoming an all-too-familiar story. And, though switching the focus from the S&P 500 and the NYSE to the NASDAQ Composite provides us with a little bit of variety, the message is still the same. That is, there's just not enough participation in ANY of the market's recent rally efforts to allow stocks to achieve escape velocity. The only reason...
‘The more you deny the truth, the more the truth will find you through volatility’ By Shawn Langlois, MarketWatch That is what Artemis Capital’s Christopher Cole had to say to the New York Times in an interview published this week that focused on why he’s betting big that a spike in volatility is on the verge of rattling the stock...
‘The more you deny the truth, the more the truth will find you through volatility’ By Shawn Langlois, MarketWatch That is what Artemis Capital’s Christopher Cole had to say to the New York Times in an interview published this week that focused on why he’s betting big that a spike in volatility is on the verge of rattling the stock...
Had it happened just a few years ago when these stocks were still in the limelight following a heroic runup between 2006 and 2007 — when oil prices soared — most traders would have been well aware of the reality. It's been so long since shipping stocks have offered hope, however, they fell off of investors' radars. Big mistake. All...
Had it happened just a few years ago when these stocks were still in the limelight following a heroic runup between 2006 and 2007 — when oil prices soared — most traders would have been well aware of the reality. It's been so long since shipping stocks have offered hope, however, they fell off of investors' radars. Big mistake. All...
Bitcoin is in a bubble, make no mistake. Bitcoin fails, or is at least suspect, as a currency in several ways: A storehouse of value, a unit of account and a medium of exchange. When excessive optimism far outweighs normal rational expectations, crashes occur — and this will be the case with bitcoin. By Ron Insana, CNBC Can bitcoin be...
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