In the wake of the massive oil spill in the Gulf of Mexico, ATP Oil & Gas ( NASDAQ: ATPG , Stock Forum ) shares became a pariah, with investors bailing on the security left and right. However, by early June, the stock put in a bottom near the $8 level, and ATPG reversed c...
Joseph Hargett
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October 28, 2012
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These last few weeks markets across the globe have been swaying up and down. Looking at media headlines, are we about to see a full recovery of the global economy … or is more trouble ahead? Data showed that consumer inflation unexpectedly accelerated in April, th...
Jonathon Brown
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May 18, 2023
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SIMILARITIES TO 2011-2012 AND 2015-2016 Over the past ten months, numerous developments (breadth thrusts, asset class behavior, sentiment, etc.) have told us to remain open to a bottoming-process/rally similar to action following major stock market lows in October 2011 and...
Chris Ciovacco
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November 12, 2019
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FOCUS TENDS TO BE SHORT-TERM Investors and traders have a tendency to fall into the recency-bias trap over and over. For example, after the S&P 500 closed at a new weekly high on Friday, July 12, it was easy to believe “the bulls are firmly in control”. Fast forward t...
Chris Ciovacco
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July 22, 2019
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Crude oil futures declined sharply on Friday. The steep slide’s result was a breakdown below the lower border of the rising green trend channel. As the prices closed the day below the formation, it’s clearly a bearish development. D...
Nadia Simmons
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December 3, 2019
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In anticipation of the previous $2T stimulus package that passed on Mar 27 and in its aftermath, stocks rallied, yet it wasn’t a one-way road. They had trouble overcoming the pre-stimulus highs, and actually sold off in the following week. Today&CloseCurly...
Monica Kingsley
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April 9, 2020
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Stephen Whiteside of TheUpTrend.com discusses Microsoft and CrowdStrike problems, trouble in the tech sector and much more in Friday’s Morning Market Outlook. Navigate the dynamic world of market moves effortlessly and stay ahead of the game with dai...
TheUpTrend
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July 19, 2024
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(Image via Ivanhoe Mines Ltd.) Are we about to see the global economy fully open up and recover, or are we headed for more trouble with new lockdowns and virus variants? The COVID-19 pandemic has played havoc with global stocks for more than a year, but since it...
Stockhouse Editorial
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April 7, 2021
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Any weakness in the Transportation Index near current levels would indicate investors and traders believe the global economy may continue to contract going forward and may be an ominous sign for the global stock markets. The Transportation Index is a measure of the current...
Chris Vermeulen
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July 3, 2019
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The Brexit saga continues. Both the U.S. and China’s industrial sectors suffer from the trade war. How will the Fed react to these downside risks tomorrow? The expectation is that it’ll cut rates, but will that really happen? And how will gold t...
Arkadiusz Sieron
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October 29, 2019
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