Industrial stocks are pacing for their best quarter in a decade, but technician has a warning

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Industrials is the top-performing sector this year and on pace for its best quarter in a decade. But Piper Jaffray's Craig Johnson is staying on the sidelines.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cannabis stocks rally after Aurora posts first earnings of December quarterCannabis stocks were higher across the board on Tuesday, as investors digested the first earnings reports of the season and a first look at a pot banking bill that Democrats are hoping to pass in 2019. Why show the Toronto Exchange price? I almost just shit my pants. ARE YOU KIDDING? That's not the NYSE. The prices are no higher than yesterday.
Source: MarketWatch - 🏆 3. / 97 Read more »

Even the best stock-market investors fail when it’s time to sellEven the best stock-market investors fail when it’s time to sell (via MktwHulbert)
Source: MarketWatch - 🏆 3. / 97 Read more »

Despite sharp rebound, chart watcher Louise Yamada warns stocks aren't out of the woodsTechnician Louise Yamada says it's premature to determine whether the market downturn is securely in the past. S&P500 P/E is 22...forward P/E is approaching 30. Europe and China have ground to a halt. US housing market is down 10-20% and stocks are 20% higher in 2 months because the FOMC choose to use BS dovish rhetoric. This market is on the cusp of a collapse.
Source: CNBC - 🏆 12. / 72 Read more »

Rare Market Leadership From Industrials Raises Stakes for Trade TalksIndustrial shares are on track to drive the stock market’s gains on a quarterly basis for the first time in more than five years, fueling anxiety about a rapid unwind should trade negotiations with China stall. That darn Donald Trump AMERICA 1ST!! TRUMP 2020 😂 he's got the next election in the bag already
Source: WSJ - 🏆 98. / 63 Read more »

Active shooter at manufacturing company as police swarm industrial site in Chicago suburb4 police officers and multiple others shot at manufacturing plant in Chicago suburb of Aurora, reports say GOOD. Finally REAL news being reported. As opposed to an inactive shooter.
Source: USATODAY - 🏆 100. / 63 Read more »