Doubleline’s Jeffrey Gundlach joins CNBC’s “Halftime Report” to discuss his views on today’s markets and what outlook he has for the state of the global economy. DoubleLine’s Jeffrey Gundlach: This is definitely a bear market from CNBC.
This Week Everyone Will Be Watching The 2600 Level On The S&P 500
Happy 95th Birthday to one of the great minds of modern physics, Professor Freeman Dyson! Professor Dyson has authored many books, but my favorite is his most recent, “Maker of Patterns: An Autobiography Through Letters.” It is a fascinating accounting through correspondence with his family, of a life well lived.
It’s always exciting to be featured on the “Off the Charts” segment of Mad Money on CNBC. Jim Cramer is a master at taking a dry two-dimensional topic like charting, and bringing it alive with his own insights and humor. On tonight’s show, Jim articulated perfectly the RightView Trading take on the broader market on… Read More »
Twitter (TWTR) shares rose nearly 100% in the first half of the year. Then they proceeded to retrace 45% of that gain before making their October low. Now the technicals are setting up for another possible jump in the stock price. In the first half of this year, Twitter traded in a range bound by… Read More »
More charts at interesting points of technical reference. Watching their progression can be educational and provide rewarding trading opportunities. Activision Blizzard (ATVI) shares have lost 50% of their 2009 generational low to their all-time high this year. There have been several technical levels in the past where the stock would have been expected to hold,… Read More »
Here are three charts with interesting technical patterns, that may be telling us something about the economy: A simple cup and handle pattern has formed on the SPDR Gold Shares ETF (GLD) weekly chart. The measured move off the C&H pattern projects to the $123 level and it takes the fund back up through its… Read More »
There has been an interesting shift in an old and treasured seasonality pattern. The fabled “Santa Claus” rally period has seemingly disappeared over the last five years. Take a look at these two seasonality charts. The first includes data from the 10 year period between 1999 and 2018. It shows the percent of months that… Read More »
Tuesday’s sell-off was in sharp contrast to the rally traders had enjoyed just 24 hours earlier. Monday market elation over what was initially thought to be a positive G-20 outcome, had evaporated overnight. On Tuesday morning it was clear that the specifics of the supposed trade truce were unclear. Markets started off the session lower… Read More »
The week started off with a bang. The Dow Jones Industrial Average was up 287.87 points, the S&P 500 Index jumped 30.20 points, and the NASDAQ Composite was higher by 110.98 points. Stocks saw a gap higher at the open on the G-20 news that President Trump and China’s President Xi had reached a compromise… Read More »