U.S. markets set another round of record highs on Thursday as the Phase One trade deal has continued to support a renewed optimism in stocks. China's Commerce Ministry indicated it remains in close touch with the U.S. regarding the deal, which is expected to be signed in early 2020.The Nasdaq extended its winning streak to 11-straight, it's longest in over a decade, after soaring 0.8% while...
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U.S. markets set another round of fresh all-time highs as optimism on the U.S.-China trade front continues to rise. Reports that the U.S. and China held another phone conference provided a small lift to the major indexes throughout Tuesday’s session although trade details remain fluid. The small-caps slightly lagged but also closed higher for the 3rd-straight session following the start of the...
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U.S. markets set another round of fresh all-time highs as optimism on the U.S.-China trade front continues to rise. Reports that the U.S. and China held another phone conference provided a small lift to the major indexes throughout Tuesday’s session although trade details remain fluid. The small-caps slightly lagged but also closed higher for the 3rd-straight session following the start of the...
Continue reading >>Just weeks ago, we featured General Electric (GE) in a Chart of the Day following allegations of fraud back in August 2019. Since then, we’ve watched as the stock caught strong support around $8 along with oversold reads on the Bollinger Bands (2.20), W%R, RSI, and MACD. Since spotting that opportunity in August 2019, the stock exploded from a low of $8 to a high of $11.72. All we had to...
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