A little over a week ago we pointed out the U.S. dollar was in a dangerous freefall that would reach a fork in the road sign. It got there today. That is, the U.S. Dollar Index hit a low of 93.15 today, reaching a key support level that's marked several major lows since mid-2015. The greenback bounced as a result,...
One would think after rallying nearly 18% since early November and with valuations stretched to their breaking point, there wouldn't be any room left for more gains. Like John Maynard Keynes put it though, "The market can remain irrational longer than you can remain solvent." In other words, never say never no matter how rational the counter-argument is. As unlikely...
One would think after rallying nearly 18% since early November and with valuations stretched to their breaking point, there wouldn't be any room left for more gains. Like John Maynard Keynes put it though, "The market can remain irrational longer than you can remain solvent." In other words, never say never no matter how rational the counter-argument is. As unlikely...
Wharton professor Jeremy Siegel predicts Congress will pass corporate tax reform this year, sparking another big market rally. "I see a lot of cash on the sidelines that could come in later … stocks are still the place to be," Siegel said. By Tae Kim, CNBC The market will surge this year on tax reform, Wharton School finance professor Jeremy...
Wharton professor Jeremy Siegel predicts Congress will pass corporate tax reform this year, sparking another big market rally. "I see a lot of cash on the sidelines that could come in later … stocks are still the place to be," Siegel said. By Tae Kim, CNBC The market will surge this year on tax reform, Wharton School finance professor Jeremy...
Bullishness in the most recent Investors Intelligence survey hit 60.2 percent, compared with 16.5 percent for bears. High levels of optimism often serve as early indicators of market weakness ahead, as they did in February. By Jeff Cox, CNBC With a fresh round of record-breaking highs in the stock market has come a surge in investor optimism, and that eventually...
Bullishness in the most recent Investors Intelligence survey hit 60.2 percent, compared with 16.5 percent for bears. High levels of optimism often serve as early indicators of market weakness ahead, as they did in February. By Jeff Cox, CNBC With a fresh round of record-breaking highs in the stock market has come a surge in investor optimism, and that eventually...
If you like the lack of drama and relative consistency the market has served up of late, you might not want to get used to it. Once July becomes August we could see some turbulence kicked up, and do stocks more harm than good. That's the way BigTrends.com's lead analyst and President Price Headley sees it anyway, as he explained...
If you like the lack of drama and relative consistency the market has served up of late, you might not want to get used to it. Once July becomes August we could see some turbulence kicked up, and do stocks more harm than good. That's the way BigTrends.com's lead analyst and President Price Headley sees it anyway, as he explained...
Stocks may not have ended the week on an especially bullish foot, but it doesn't matter. The market was bullish enough to log a gain last week, reaching record highs in the process. You have to follow the momentum, which is still bullish overall. On the other hand, this remains a tricky situation. Things continue to move higher and higher,...
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