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...
Continue reading >>
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 >>
...
Continue reading >>
...
Continue reading >>
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...
Continue reading >>