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U.S. markets settled settled lower across the board for the first time in 15 sessions despite news from White House trade adviser Peter Navarro that the U.S./ China Phase One trade deal would likely be signed next week. China's Vice-Premier Liu He has accepted an invitation to lead a delegation to the U.S. this upcoming weekend. Once here, Liu is expected to sign the phase one trade deal that was...
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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U.S. markets settled settled lower across the board for the first time in 15 sessions despite news from White House trade adviser Peter Navarro that the U.S./ China Phase One trade deal would likely be signed next week. China's Vice-Premier Liu He has accepted an invitation to lead a delegation to the U.S. this upcoming weekend. Once here, Liu is expected to sign the phase one trade deal that was...
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