The final quarter of 2018 ended with a major correction for the S&P 500 index, declining 20% from its September highs. We’ve since rebounded off those December lows, with the index up over 8% in the past 8 trading days. Many say we’ve entered a bear market and an economic recession is looming. On the […]
Archives for January 2019
Why Chris Kimble is Getting Bullish on Gold
Gold prices peaked back in 2011 around $1,900 an ounce and have disappointed investors ever since. Currently, the precious metal sits around $1,290 an ounce, or about 32% below its all-time high. The asset class has been a headache to be involved in for the past 8 years; however, chart watcher Chris Kimble of Kimble […]
January Indicators to Watch
There are several important seasonal indicators and trends to watch during the month of January that signal how the market might perform during the rest of the year. Investors debate the efficacy of these indicators and the signals they give; however, most of the criticism stems from a misunderstanding of how they should be used. One of […]
Oppenheimer’s Chief Technical Strategist on Apple and the Overall Market
One of the market’s darling’s, Apple Inc. (AAPL) has taken a hard fall from grace as of late with shares currently down about 36% from the highs made in October 2018. The days of having a $1 trillion market cap seem like a distant memory to many investors. The importance of Apple’s stock to the […]
The 3 Charts Concerning Carter Worth
The S&P currently sits about 16.5% off its all-time closing high made back in October 2018. Stocks have already seen significant technical damage lately that has a lot of market participants wondering if the worst is over or are stocks in for more pain? In highly uncertain market environments like the one that we’re currently […]
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