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...
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...
By Michelle Fox, CNBC Jittery investors shouldn't overreact to the uncertainty surrounding the Republican health-care bill, but it is time to get defensive, market expert Chad Morganlander told CNBC on Thursday. Stocks closed lower on Thursday after the vote on the legislation was delayed. "The reality is that we've had this tremendous move within the overall financial markets and we...
By Michelle Fox, CNBC Jittery investors shouldn't overreact to the uncertainty surrounding the Republican health-care bill, but it is time to get defensive, market expert Chad Morganlander told CNBC on Thursday. Stocks closed lower on Thursday after the vote on the legislation was delayed. "The reality is that we've had this tremendous move within the overall financial markets and we...
