Recent Posts

Here’s why one trader is betting on Goldman Sachs for a breakout

The rally in financials has driven Goldman Sachs up over 3 percent in the last month, and Todd Gordon of TradingAnalysis.com says the big bank’s run is far from done. Gordon’s bullish thesis lies with what he calls a “traditional cup-and-handle pattern” that he sees in the chart, one that …

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Oil-hungry China imported record levels of US crude in November

Jie Zhao | Corbis | Getty Images A female staff works at a gas station in Huaibei, Anhui province, China. Chinese crude oil imports hit the second highest level on record last month, and U.S. oil producers are reaping the benefits. U.S. crude oil imports into China hit an all-time …

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Gary Cohn talks state and local tax deductions in GOP tax plan

Andrew Harrer | Bloomberg | Getty Images Gary Cohn, director of the U.S. National Economic Council Cohn did not signal how the GOP would specifically tweak the plan to win over House members. However, he said, “there’s a lot of progress being made.” He expects more when members of a …

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