All together, the four large PG&E options trades represented a total bearish
bet of more than $1.5 million.
The expert believes that bearish
trends include a rising US crude oil production, which reached 11.5 million b/d in November.
This plus bearish
consumer confidence in the fourth quarter also dampened sentiment.
As of last week the breakout has clearly failed and subsequently triggered a bearish
signal as the month of November ends at a new trend low, the low for the month, and the lowest monthly closing price since the long-term swing low in January 2016 at 2,590.72.
The market remained bearish
for three days and shed 881 points.
view on the greenback is due to expectations that the US Federal Reserve will pursue just a modest monetary tightening while US assets have become less attractive because global growth has become more synchronized across key regions.
From a technical perspective, WTI oil is heavily bearish
with prices crashing to fresh 12-year lows in Friday's trading session.
Engulfing candlestick created the previous week had a marginal bearish
effect on last week's performance.
Singular Research Major Market Indicators fell into the bearish
range to 49.00 from 57.33.
In July's edition of BME we identified early signs that the year's bearish
view of gold was changing, and recommended buying a gold option to benefit from a more positive outlook.
[ClickPress, Wed Sep 18 2013] BMI maintains a bearish
outlook on the German autos market, on the back of declines in both the domestic and European markets.
This is seen as a Bearish
sign and raises the potential for further Southside acceleration ahead
Yardeni's Fundamental Stock Market Indicator: Bearish
. From veteran stock watcher Dr.
ISLAMABAD -- The Islamabad Stock Exchange (ISE-10) on Wednesday witnessed bearish
trend as the index shed 45.04 points to close at 2814.97 as compared to the previous day's trading.
ISLAMABAD, August 06, 2011 (Balochistan Times): The Islamabad Stock Exchange witnessed bearish
trend here on Friday, the index fell by 136.55 points at 2529.63 as compared to a day earlier.