The S&P 500 index is back to its September 2018 high. It has managed to retrace all of that late year decline. This means that traders who held on and rode out the volatility of the last five months are back to even. The adroit traders who sold near the highs last year and were… Read More »
Once again, we were pleased to be invited to contribute to the “Off the Charts” segment of Mad Money on Tuesday night. Jim Cramer and his “Mad Money” team do an excellent job of presenting the charts and our interpretation of the price action. Thanks to Jim and his staff. Here is our take on… Read More »
From CNBC this morning: Jim Grant, editor and founder of Grant’s Interest Rate Observer, discusses whether the Fed might slow its pace of interest rate hikes as market volatility continues to hit U.S. stocks.
Monday night on CNBC’s Fast Money, the Chartmaster Carter Worth outlined his technical analysis of the crude oil market. In the video below he says that he expects crude oil to bounce off its current test of support on the chart, and move higher. Chartmaster says these are the bet names to buy on an… Read More »
Bob Lang’s technical take on the broader market was featured on the “Off the Charts” segment of Mad Money last night. Bob, of ExplosiveOptions.net, said the charts of the S&P 500, Nasdaq 100 and Russell 2000 suggest the stock market could still have more downside. Cramer summed it up: “The charts of the major indices,… Read More »
Most important thing to watch next week from CNBC. At the end of Friday’s show the Fast Money team was asked what they would be focused on next week. Watch the video, we think they are spot on. Below is a quick synopsis of their remarks and charts of the stocks and the index mentioned.… Read More »
Carter Worth,of Cornerstone Macro, on a classical signal that’s showing more pain ahead for stocks. He breaks down what the transport sell-off means for the broader market on CNBC’s “Fast Money.” Chartmaster breaks down what transports sell-off means for market from CNBC.
A CNBC video: Larry Page is backing Silicon Valley start-up Opener, which has joined the growing number of companies attempting to bring “flying cars” to the masses. Opener’s vehicle, called BlackFly, can’t actually drive on roads. However, the single-passenger electric aircraft can operate autonomously, and you don’t need a pilot’s license to fly one. This… Read More »