As more and more pundits — and ordinary people —
turn bullish on cryptocurrencies, it's time to become a contrarian and put some money into real crisis insurance.
Because stocks love to
turn bullish before the broad economy picks up, look for a shift in demand to the stocks that benefit first from economic growth.
If we were a betting man — and of course we are not — we might be half - tempted to
turn bullish at this point.
The overall market has
just turned bullish, and the selected coins have very positive events at the absolute perfect time.
Preliminary fourth quarter results from many traditional retailers have
turned bullish after momentum from Black Friday held strong, and consumers flocked to stores in December.
But earlier this week, oil returned to a bull market and WTI hit a seven - month high at $ 52.22, as
sentiment turned bullish with growing evidence that the market is rebalancing, strong oil demand growth, and a supply concern over possible disruption of oil exports from Kurdistan.
Analysts at
Citi turned bullish on Novavax, Inc. (NASDAQ: NVAX), a small - cap clinical - stage vaccine company.
Of course, they're far more leveraged than the average property company — but when
investors turn bullish, that's exactly what they're looking for, isn't it?!
Shake Shack Inc (NYSE: SHAK) is an industry - leading restaurant chain that boasts an underapreciated path to growth, at least according to analysts at Wedbush
who turned bullish on the stock after its first - quarter earnings report.
Novogratz's call turned out to be prescient, and the Ethereum price did not revisit its earlier highs — that is, until this week, when the influential investor
suddenly turned bullish again.
As a reminder, just last week
Goldman turned bullish on the OPEC agreement, saying on November 21 that it now expects OPEC to reach a production cut deal, in the process raising its Q1 and Q2 2017 oil price forecast; the contrarians in the audience will note by doing so it may have doomed the deal.
Analysts at Cantor
Fitzgerald turned bullish on Snap Inc (NYSE: SNAP) to reflect a «significant shift» in the stock's risk to reward profile after the lockup expiration and the company's second - quarter earnings report.
Actually, I'm surprised to see how quickly analysts and investors are willing to
turn bullish today.»
The past year has been typical: The 39 - week moving
average turned bullish in the middle part of last August, for example, and remains bullish to this day.
While usually followers of prevailing trends, traders employing leveraged ETFs are now refusing to
turn bullish even as the S&P 500 jumped 14 per cent in a rebound that restored US$ 2.5 trillion in values since the Feb. 11 low.
Luschini says his
firm turned bullish on Europe more than a year and a half ago because many markets there appeared to be priced much cheaper than warranted.
Therefore, as long as price remains below 50 period MA and stochastics do
n't turn bullish, we remain sellers.
Automated systems and traders who move based on price - chart patterns had sent the market higher Thursday,
turning bullish after a surge on Wednesday led to a two - week high settlement, the brokers added.
Mr Miles highlighted the point that investors usually fall prey to panic selling when the market dips and succumb to «greed» when
sentiments turn bullish, and more often than not if such behaviour persists, the investor would eventually end up in a state of pauperism.
In Jayson Derrick's «
Citi Turns Bullish On US Steel After 25 % Sell - Off,» see why one top analyst sees United States Steel Corporation (NYSE: X) as attractive now.
Shares of Newell Brands Inc. ran up 2.9 % in premarket trade Tuesday, after Wells
Fargo turned bullish on the consumer products company for the first time in a year, which said the current valuation is not reflective of the company's underlying...
Investors, hedge funds and industry watchers have been
turning bullish on the Canadian dollar as NAFTA talks continue and interest rate hikes creep back.
According to Dan Morehead of Pantera Capital, this is the moment when the trend will
turn bullish.
Goldman Sachs also appears to have
turned bullish, noting that global storage levels are heading into a deficit «much earlier than we expected.»
Turning Bullish «After attending multiple events over the past month, we are turning more bullish on the prospects of Qlik Sense...
Advanced Micro Devices, Inc. (NASDAQ: AMD)'s fourth - quarter earnings report on Tuesday was compelling enough for Argus to
turn bullish on the stock.
NVIDIA Corporation (NASDAQ: NVDA) reported a strong earnings beat, but wasn't strong enough for at least one analyst to
turn bullish on the stock.
Why a new Deutsche Bank CEO isn't a buy signal for the stock Turnaround requires stabilization of bank's top line: analystDeutsche Bank has moved to change leaders, but it could still be too soon to
turn bullish on the beleaguered German bank's shares.
Short - Term Trend Bearish Intermediate - Term Trend Bearish Long - Term Trend Bearish Cyclical Trend Bearish (
turns bullish on a monthly close above 83.66) Secular Trend Bullish (turns bearish on a monthly close below 37.40)
But what intelligent human being would ever suddenly have
turned bullish on the morning of Monday 15 May 2017 just because of renewed jawboning from Saudi Arabia and Russia, indulging in the same old two - step as they did at Doha in April 2016 and Vienna in November of last year.
So, while the short - term trading charts (daily and weekly) are
turning bullish and provide some trading opportunities, the longer - term charts, monthly, quarterly, yearly are still bullish.
Emerging Market Equities have seen an incredible run since the 2016 bottom (not to make a song and dance about it, but that was about when
I turned bullish on EM equities, just saying...).
In the morning the S&P lost ground to
turn bullish and during the day it rallied up.
In the process, market prices reached their highest level since early March, a sign that investor sentiment had
turned bullish.
Restaurant chain Jack in the Box Inc. (NASDAQ: JACK)'s move to sell its Qdoba business is among a handful of reasons why analysts at Wedbush are
turning bullish on the stock.
Analysts at Bernstein initiated coverage of Lowe's Companies, Inc. (NYSE: LOW) last February with a bearish stance, but nearly one year later the firm has three compelling reasons to
turn bullish.
I mean people were furious that I had
turned bullish, pretty much the opposite of sentiment today.
In fact, when
I turned bullish in late - 1974 I received hate - letters and angry notes saying that «Russell, you have lost your mind,» and «Russell, why don't you hang it up and find a business that you're fitted for.»