Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
With uncertainty keeping a lid on U.S. stocks, Ed Clissold of Ned Davis Research says the rest of 2019 is likely to be a "choppy," but somewhat opportunistic, ride for...Futures Nowread more
Louise Yamada, who spent 25 years as the top technical analyst for Citigroup and now runs her own firm, believes stocks are not out of the woods and remain vulnerable to a large drop.
In the past two years, equities have been contained in a trading range, moving sideways as momentum faded, Yamada said, explaining that the combination of those factors has not been a positive sign for stocks in the past.
In May 2015, the chart analyst alerted clients to a long-term momentum sell signal, which has not reversed despite the temporary rallies the market has experienced. "That leaves us a little suspect as to how this is going to pan out," Yamada said, emphasizing the potential for a bear market.
In this extensive strategy session about technical analysis hosted by CNBC's Mike Santoli earlier this week, Yamada runs through charts of the S&P 500 in order to decipher what could be ahead for stocks. The analyst also shares her investment outlook and investment approach. PRO members can access the full interview here.