With nothing more than a quick glance, it looks like the broad market is pushing and pulling on all stocks (of all sizes, in all sectors) equally, struggling to fully rekindle the rally that carried them so much higher since early November. Take a closer look though. As it turns out, there are some clear hot spots and cold spots,...
It's not a record high, but the highest consumer confidence reading since the year 2000 is more than a little noteworthy. On Tuesday, the Conference Board released its March-2017 reading on consumer sentiment. The consumer confidence score jumped from 116.1 to 125.6. The last time it was higher was in December of 2000, right before the dot-com bubble popped. While...
It's not a record high, but the highest consumer confidence reading since the year 2000 is more than a little noteworthy. On Tuesday, the Conference Board released its March-2017 reading on consumer sentiment. The consumer confidence score jumped from 116.1 to 125.6. The last time it was higher was in December of 2000, right before the dot-com bubble popped. While...
It was already on the defensive, but with today's blow, the U.S. dollar is officially in trouble… perhaps even en route to a collapse. In response to the failure of President Trump's effort/bill to repeal and replace Obamacare (though one has little to do with the other), traders have sent the U.S. Dollar Index down enough that it's broken below...
It was already on the defensive, but with today's blow, the U.S. dollar is officially in trouble… perhaps even en route to a collapse. In response to the failure of President Trump's effort/bill to repeal and replace Obamacare (though one has little to do with the other), traders have sent the U.S. Dollar Index down enough that it's broken below...
The market, or the bulls, did everything they could to pick themselves up off the mat following Tuesday's implosion. But, it was to no avail. When all was said and done, stocks ended the worst week since October on a low note, moving in the wrong direction. There's still one last bastion of hope. And, it's a promising one. It's...
The market, or the bulls, did everything they could to pick themselves up off the mat following Tuesday's implosion. But, it was to no avail. When all was said and done, stocks ended the worst week since October on a low note, moving in the wrong direction. There's still one last bastion of hope. And, it's a promising one. It's...
Strategist sees stock market at ‘tipping point’ By Sue Chang, MarketWatch The Dow Jones Industrial Average is one of the oldest and best-known indexes in the world. It has, by its nature as a benchmark for the largest stock market in the world, become an important barometer of global confidence over the years. Chris Kacher, managing director of MoKa Investors,...
Strategist sees stock market at ‘tipping point’ By Sue Chang, MarketWatch The Dow Jones Industrial Average is one of the oldest and best-known indexes in the world. It has, by its nature as a benchmark for the largest stock market in the world, become an important barometer of global confidence over the years. Chris Kacher, managing director of MoKa Investors,...
On Thursday, the BigTrends Daily Scans service — as usual — delivered its top trading prospects for the day to the service's subscribers. All 18 possibilities (9 bullish, 9 bearish) were compelling, but one was particularly noteworthy… the bearish CCI signal given for Yum! Brands (YUM). See, while the bearish clue was clear, the stock's downside was augmented by a...
