It wasn't clear it was in the cards. In fact, until yesterday it appeared as if gold was going to roll over again, unable to push past a major technical hurdle around $1269. With the right circumstances and a little luck though, gold futures sent a clear message that they're in an uptrend. The daily chart of gold below tells...
It wasn't clear it was in the cards. In fact, until yesterday it appeared as if gold was going to roll over again, unable to push past a major technical hurdle around $1269. With the right circumstances and a little luck though, gold futures sent a clear message that they're in an uptrend. The daily chart of gold below tells...
Bad news for investors today… probably… possibly. The S&P 500 along with most other major market indices have tested a key floor, and even fallen below it for a brief moment. The bulls have managed to push the S&P 500 back above that support for the time being, but the bears have tipped their hand – they're not afraid to...
Bad news for investors today… probably… possibly. The S&P 500 along with most other major market indices have tested a key floor, and even fallen below it for a brief moment. The bulls have managed to push the S&P 500 back above that support for the time being, but the bears have tipped their hand – they're not afraid to...
"The reaction was after we had the airstrikes, after we had the nonfarm payrolls that were about half of what they should have been, you would have thought the market should have been down – the Dow should have been down 150, maybe 200 points on that kind of news – but it was only down a hair, and it...
"The reaction was after we had the airstrikes, after we had the nonfarm payrolls that were about half of what they should have been, you would have thought the market should have been down – the Dow should have been down 150, maybe 200 points on that kind of news – but it was only down a hair, and it...
Last week's loss was modest in the sense that it was small, and didn't drag the indices below any key support levels. On the other hand, it was significant in the sense that the indices — despite trying — failed to hurdle a key ceiling. As such, we're still on the fence, but the market is apt to move decidedly...
Last week's loss was modest in the sense that it was small, and didn't drag the indices below any key support levels. On the other hand, it was significant in the sense that the indices — despite trying — failed to hurdle a key ceiling. As such, we're still on the fence, but the market is apt to move decidedly...
Whoops. Despite the strong showing on Wednesday from payroll processor ADP on the jobs-growth front, the Department of Labor didn't quite come up with a comparable measurement. Although the nice drop in the unemployment rate — to a multi-year low of 4.5% — is a big moral victory, the DOL said on Friday morning that only 98,000 new jobs were...
Whoops. Despite the strong showing on Wednesday from payroll processor ADP on the jobs-growth front, the Department of Labor didn't quite come up with a comparable measurement. Although the nice drop in the unemployment rate — to a multi-year low of 4.5% — is a big moral victory, the DOL said on Friday morning that only 98,000 new jobs were...
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