Investing

The bond market’s entering a whole new cycle that would mark the end its decadeslong bull market. That’s according to veteran technician Louise Yamada, whose chart work suggests that a bond breakdown could be in the near future. First, Yamada, managing director of Louise Yamada Technical Research Advisors, pointed to a more-than-200-year chart of U.S.
0 Comments
Ethan Miller | Getty Images IBM Chairman, President and CEO Ginni Rometty delivers a keynote address at CES 2016 at The Venetian Las Vegas on January 6, 2016 in Las Vegas, Nevada. The difficult times for IBM shareholders are over, according to one Wall Street firm. RBC Capital Markets raised its rating for the technology
0 Comments
Stocks could pop nearly 20 percent in 2018 according to a contrarian indicator from Bank of America Merrill Lynch which predicted last year’s surprising surge. The investment bank’s so-called Sell Side Indicator measures the average equity allocation recommended by its fellow Wall Street bank peers. The indicator shows Wall Street is still not very bullish
0 Comments
The U.S. dollar saw a stunning spiral downward this year, now tracking for its worst since 2003. One strategist closely looking at the dollar’s technical setup says the greenback’s current levels are at a key juncture. Matt Maley, equity strategist with Miller Tabak, breaks down possible scenarios for the dollar as it trades near these
0 Comments
Difficult times for Chipotle shareholders will not turn around anytime soon, according to one Wall Street firm. Cowen reiterated its underperform rating on Chipotle shares, predicting the company’s fourth-quarter sales will come in below expectations. “If Facebook check-in’s are indicative of traffic, data suggests the most recent weekly trend weakened to the softest levels of
0 Comments
Check out which companies are making headlines before the bell: Apple — Chief Executive Officer Tim Cook‘s total compensation for fiscal year 2017 jumped by 47 percent to $12.8 million. Other top executives also got sizable raises for the fiscal year ending in September, as the company surpassed annual sales and profit goals. Amazon.com –
0 Comments
Ripple rose 20 percent Wednesday to an all-time high. The gains followed news that Tokyo-based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a “consortium” with some Japanese credit card companies to utilize blockchain technology, according to an online translation of a release. Ripple and SBI Holdings created
0 Comments
Coinbase, one of the biggest bitcoin marketplaces in the U.S., said Friday that trading was up again after being down for more than two hours amid a price rout in cryptocurrencies. “Buys and sells have been re-enabled. We are monitoring for stability,” Coinbase said on its status website as of 1:44 p.m., ET. Earlier, the
0 Comments