Equity markets pulled back on Thursday after hitting yet a new year-to-date high just a day earlier. Investors were a bit spooked by significantly worse-than-expected economic data and reverberating economic concerns coming out of the Federal Reserve. Is … [Read More]
If there’s one technical analysis indicator that’s held in the highest regard by technical analysts, institutional traders, retail investors and the financial media alike, it’s the 200-day moving average. But the reason for this is not abundantly clear. … [Read More]
If you haven’t noticed already, stocks haven’t been the only market to rally in the past couple of months. Gold has been on a strong resurgence since the mid-August lows of last year. Back then, the price of … [Read More]
Anyone needing more evidence that the stock market is bullish and doing well right now should just take a quick glance at the popular market sentiment indicator, the put/call ratio. Because this indicator generally lags the market and … [Read More]
Monday is a bank holiday in the U.S. – Presidents’ Day – so U.S. markets are closed. And for the shortened week ahead, a big question remains. Will the extended stock market rally we saw last week, which … [Read More]
As the stock market as a whole continues to extend its sharp rally from the late December lows, we bring you the February 2019 edition of our monthly Most Shorted Major Stocks. This time around, we’ve included all … [Read More]
Shares of Dow component The Coca-Cola Company (KO) took a massive 8.4% dive on Thursday after its pre-market earnings release. This knockout blow represented the worst single-day loss for the company since the 2008 financial crisis. From Wednesday’s … [Read More]
Continued optimism over the prospects of a potentially successful US-China trade deal has helped lift both U.S. and Chinese markets. As we noted here, President Trump said on Tuesday that he would consider postponing the current deadline for … [Read More]
Stocks rallied across the board on Tuesday for several reasons besides a continued positive earnings season. As a result, the S&P 500 (SPX) and its tradable ETF version, SPY, rose to the brink of a big breakout. U.S. … [Read More]
The latest price chart of gold shows that the precious metal still shines despite the strong US dollar. The month of February thus far has seen the price of gold pull back from its new 9-month high around … [Read More]
