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.
Stanchart's
bearish 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.
The
Bearish 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.
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.
