The recent sell-off coincides with the rising concerns of higher rates coupled with deterioration in economic growth heading into 2019.
It seems the pundits have lost their way.
A unique setup has occurred in the UUP (Invesco DB US Dollar Index) that resembles an Engulfing Bearish type of pattern (even though it is not technically an Engulfing Bearish pattern).
The Bull & Bear Tracker Crash signal is up 14.4%.
Despite the recent angst in the market over increasing interest rates, there has been little evidence of concern by investors overall.
Recent market turmoil across the global stock markets has refocused investors on the concerns of global economics, trade, and geopolitical issues – away from cryptocurrencies.
"This is really concerning to me. It’s about the most trouble I’ve been about my future as a money manager maybe ever..."
Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation.
Our research team highlighted the recent breakdown in the Transportation Index ($TRAN) as a very strong sign that the global economy and US economy may be starting to show early signs of weakness.
Of these 15 strategies selected today 11 are Long, bullish in outlook. 4 are Short, bearish in outlook.
The Green Organic Dutchman Holdings Ltd through its subsidiary operates as a cannabinoid-based research and development company in Canada.
The BIO CEO & Investor Conference is one of the largest investor conferences focused on established and emerging publicly traded and select private biotech companies. Because our mission is to…
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