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...
S&P 500 Index: Buy The Dip Into Month End?
S&P 500 Index Trading Outlook (3-5 Days): Bearish
The current stock market pullback should be close to conclusion into the end of month and quarter (next...
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...
Stock Market Today: When Will Negative News Matter?
The S&P 500 (SPY) recovered some of its recent losses on Wednesday, but investors remain skittish.
The broad stock market indices continue to hover near...
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...
The Stock Market Burlesque Show
According to Wikipedia, a burlesque is a literary, dramatic or musical work intended to cause laughter by caricaturing the manner or spirit of serious...
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...
Will The Commodity Index Get Rejected By Price Resistance Again?
Commodities such as Gold, Silver, Natural Gas, and Crude oil have been rallying since early August.
Though this overall asset class has been mixed (see...
