Schnitzer Steel Issues Profit Warning, Market Cycles Point To More Weakness
Schnitzer Steel (SCHN) sank 10% on Thursday after the company warned that earnings would be lower than expected.
Based on its market cycles, we expect...
Inside the September Repo Market Fiasco – The Details
Imagine approaching a friend that you think is very wealthy and asking her to borrow ten thousand dollars for just one night. To entice her, you...
iShares MSCI Italy ETF (EWI): Elliott Wave Forecast and Price Targets
Now that a corrective low appears to have been set, we're able to provide readers of See It Market with updated price targets for...
Gold Price Momentum Most Overbought In 8 years
Gold has been a very actively followed asset class the past two months.
From early August to early September, Gold jumped over 10 percent.
Since reaching...
Philip Morris Ends Merge Talks With Altria, Faces Murky Future
Philip Morris (PM) rose 5 percent on Wednesday, after it announced that merger talks with Altria (MO) had ended.
However, our view is that the...
Bull Market Still Intact Despite Negative Economic News
Recent data seems to cast doubt on the seemingly never-ending call for an imminent recession.
From a September 20, 2019 Bloomberg article:
“The U.S. economy is outperforming...
Blackberry (BB) Crushed By Earnings, When Will Stock Bottom?
Blackberry (NYSE: BB) lost over 20 percent of its market cap value on Tuesday after the company posted earnings and revenue that missed investor...
Can Stock Market Bulls Safely Navigate Interest Rate-Sensitive Period?
The S&P 500 Index finished lower by 0.84% on a day that saw trading activity turn negative after impeachment rumors started swirling around President...
U.S. Equities Resilient In Face Of Bearish News
The news backdrop last week was less than favorable for the financial markets as the world received news of an attack on Saudi Arabia’s...
Saudi Attacks Push Oil Higher But Look For Quiet Week On Wall Street
The stock market was narrowly lower last week while Crude Oil prices spiked, along with the United States Oil Fund ETF (USO) spiked.
Investors are...
