Stocks retraced some of their short-term rebound on Friday, as investors’ sentiment worsened once again. The S&P 500 index bounced off the nearest important resistance level of around 2,890-2,900. Will stocks resume their downtrend? Trade War Fears Again, Wi...
Paul Rejczak
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May 21, 2019
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Stocks extended their short-term downtrend on Wednesday, as investors’ sentiment worsened following the trade war fears again. The S&P 500 index fell below its mid-May local low after breaking below the 2,800 mark. Will the downtrend continue? S&P 500: Downt...
Paul Rejczak
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June 10, 2019
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The gold futures gained 0.04% on Wednesday, as it extended its short-term consolidation. So the FOMC Monetary Policy Statement release didn’t bring much volatility. On last week’s Wednesday gold has bounced off $1,550 level, and since then i...
Paul Rejczak
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January 30, 2020
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Friday's trading session was bearish, as stocks retraced their Thursday's advance and continued lower ahead of the weekend. The S&P 500 index was the highest since the early October on Thursday. So was the Friday's sell-off a medium-term downward reversal or still just a corre...
Paul Rejczak
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March 25, 2019
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Friday’s trading session was bearish, as stock retraced their Thursday’s advance. However, the S&P 500 index remained above the 2,900 mark. So will the short-term uptrend reverse? Or is this just a downward correction before another leg up? ...
Paul Rejczak
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August 14, 2019
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Stocks rebounded strongly in the previous week, but have wavered on Friday. Their performance today isn’t exactly shaping to be the strongest ever either. So, what is the status of the consolidation, and how will the market most likely proceed when digesting it...
Monica Kingsley
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February 12, 2020
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Shares of CytoSorbents traded higher setting a new 52-week intraday high price after the company reported that the FDA granted emergency use authorization for CytoSorb for use in patients with COVID-19. Critical care immunotherapy company CytoSorbents Corp....
Streetwise Reports
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April 14, 2020
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Let’s check which stock could magnify S&P’s gains in case it rallies, and which stocks would be likely to decline the most if S&P plunges. Here are our stock picks for the Wednesday, February 19 – Tuesday, February 25 period. The Stock Pick ...
Paul Rejczak
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February 19, 2020
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Gold has been rallying strong over the summer 2019 only to fall back into a three-month consolidation between September and December. Now after a crazy spike towards US$1,610, gold is yet again in a consolidation. However, the remaining downside seems to be limited and it is p...
Florian Grummes
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February 19, 2020
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The scheduled economic data releases were generally neglected last week, as investors reacted to scary news about globally spreading corona virus. The first half of the week was actually quite positive, as stocks have been retracing some of their quick sell-off. However, the s...
Paul Rejczak
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March 9, 2020
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