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Bulls Beware: A Dark Cloud Is Forming Over Oil Markets

Bullish sentiment appears to have returned to the stock markets with a vengeance. In a historic rally that has taken even die-hard bulls by surprise, the S&P 500 has managed to claw back all of its 2020 losses, taking just 53 sessions for the index to fully restore the nearl...
Alex Kimani | June 12, 2020 |

Auto industry rebound could drive these under $10 stocks

The unpopular trade I told you about one month ago – to go long homebuilding stocks – is off to a great start. The big homebuilder fund ( XHB ) is up around 8% so far, and just hit a new yearly high. Today, I have another trade most people will think is crazy, whi...
Frank Curzio | October 28, 2012 |

The Potential for a Stock Rebound

Yesterday’s session in stocks was a true bloodbath that extended well into today’s overnight sessions. It offered two glimmers of hope: one very temporary that came shortly after we exited our tremendously profitable short position, and the othe...
Monica Kingsley | March 13, 2020 |

Playing the Whipsaws and the Stock Rebound Ahead Profitably

Bouncing off yesterday’s new 2020 intraday lows, the S&P 500 closed higher on the day. But what about today’s premarket action? The bulls didn’t add to their gains in the overnight trading. With the futures back below 2400, where...
Monica Kingsley | March 18, 2020 |

Time for a Rebound in USD/CAD?

The Canadian dollar has been going from strength to strength recently, but isn’t it time for the greenback to stage a comeback? Let’s examine the story the technicals tell... The first thing that catches the eye on the above chart, is t...
Nadia Simmons | January 8, 2020 |

The Prospects of USD/CAD Rebound Continuation

The technicals indicated high likelihood of an upswing, and the pair obliged by moving higher recently. Great, but with quite a move behind us already, let’s assess further appreciation potential as it stands right now. Quoting our last commentary on t...
Nadia Simmons | January 10, 2020 |

Playing the Stock Rebound Ahead

The S&P 500 sank to new 2020 intraday lows yesterday, but staged a recovery in the closing hours. That’s what has happened in both preceding sessions. Will the gains finally stick one of these days? Let’s dive into the daily chart (chart cou...
Monica Kingsley | March 19, 2020 |

Daily Gold News: Thursday, June 4 – Precious Metals’ Rebound

The gold futures contract lost 1.68% on Wednesday, as it got back to $1,700 price level. The market has retraced its recent advance despite weakening U.S. dollar. On Monday the price has reached slightly above $1,760 and yesterday’s daily low fell at $1,690.3...
Paul Rejczak | June 4, 2020 |

Buzz on the Bullboards: Market rebound in 2024?

The end of the year is fast approaching but that doesn’t mean the markets have slowed down as the holidays quickly approach. Over the past five-day period, the S&P/TSX Composite has increased by 23 points to 20,862.86, while the S&P/TSX Venture Composi...
Jocelyn Aspa | December 21, 2023 |

Buzz on the Bullboards: Raise the roof?

Weakness in commodities’ prices have been felt on Bay Street and Wall Street as traders took stock of consumer inflation data. U.S. inflation fell faster than expected in last month to 4.9 per cent, raising chances of a pause in Federal Reserve rate hi...
Jonathon Brown | May 11, 2023 |
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