From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand...
Tag: Comp
Compound [COMP]: Could this upgrade curb persistent stagnancy
Lending protocol, Compound [COMP], seems to be perturbed by the project’s inability to catch up with its peers in the Decentralized Finance (DeFi) space. This distress could have been a factor that le...
Dow posts 1,000-point drop Friday after Powell warns of pain for households, businesses
The Dow skid 1,008 points on Friday, marking its biggest pullback in more than three months, as stocks sold off sharply after Federal Reserve Chairman Jerome Powell warned of the pain to households an...
The Fed isn’t pivoting. Why were stock investors the last to know?
After Friday’s brutal session for stocks, it appears equities were the last asset class to accept the notion that the Federal Reserve likely won’t be pivoting to a less aggressive monetary policy stan...
Stock Market Today: Dow Futures Slip as Jackson Hole Speech From Fed’s Powell Looms
Text size Fed Chairman Jerome Powell’s speech scheduled for Friday has hung over markets all week. Drew Angerer/Getty Images Stocks were heading for losses Friday as a major catalyst loomed, wit...
How the Stock Market Performs After Jackson Hole, According to History
Text size The stock market’s traditional September swoon has been less pronounced in recent years. Photo by ANGELA WEISS/AFP via Getty Images The stock market usually performs well just after th...
Financial markets are bracing for what could be a ‘very hawkish’ Jackson Hole speech by Fed’s Powell
Financial markets are bracing for Friday’s widely-anticipated Jackson Hole speech by Federal Reserve Jerome Powell and expecting that he’ll signal the continued need for aggressive interest-rate hikes...
Disappointing U.S. data has traders considering possibility of a half-point Fed rate hike in September
In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted back toward fears of an unexpectedly sharp economic slowdown and away from persistently high inflation over the bulk of the trad...
Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.
A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order...
Compound Price Analysis: COMP Falters to Gain support from the Buyers as it Struggles below Channel!
Compound price has been trying to find support at the lower end of the rising parallel channel over the daily chart. COMP crypto is trading below 20, 50, 100 and 200-days Daily Moving Average. The pai...
Dow sheds 643 points and stocks post worst day since June as investors question Fed pivot thesis
U.S. stocks posted their worst daily drop in two months Monday on fears that the recent rally was based on an overly optimistic view that the Federal Reserve would pivot away from sharply higher inter...
Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...
A Quality Exec Comp Plan Lowers The Risk Of Investing In Thor Industries
close up shot of a digital stock market tracking graph follwing a recent crash in prices. Bear … [+] market 3D illustration getty Recap From July’s Picks The Exec Comp Aligned with ROIC Model Po...
U.S. dollar is now slicing through key technical levels ‘like a hot knife in butter’
The U.S. dollar is back on the upswing and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy over the past month as investors pulled back on expectations of...
Why Did Bitcoin Fall? Is It Because Stocks Slumped Too?
Text size How strong is the link between stocks and Bitcoin? AFP via Getty Images Bitcoin sank Friday and stocks did too. The world’s largest crypto posted losses for the week, as did equities. Could ...
JP Morgan quant who called summer rally says there’s plenty of ammunition to drive stocks higher — and here’s why
JPMorgan Chase & Co.’s Marko Kolanovic wants clients to hang on, because he thinks the rally in stocks is far from over. In a note entitled “Setting the Record Straight and What We Expect Next,” K...
The Bulls Still Own This Market. But Cracks Are Starting to Show.
Text size Riskier and more speculative pockets of the market have led the rally, which has coincided with a decline in bond yields. NYSE If it looks like a bull market and acts like a bull market, it’...
Dow Futures Fall as Wall Street Parses Mixed Signals on Pace of Rate Hikes
Text size Investor focus remains on the Federal Reserve’s pace of future interest-rate increases. Spencer Platt/Getty Images Stock futures pointed to a lower start for Wall Street Friday as inve...
Dow Futures Steady as Fed Signals Need to Keep Raising Interest Rates
Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
Did the stock market ‘misinterpret’ Fed again? What strategists say about the reaction to the July minutes
Minutes from the Federal Reserve’s meeting in July — at which policy makers hiked the benchmark interest rate by 75 basis points, indicate stock-market participants were too quick to price in a “less ...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Cisco Reports Earnings Today. What Wall Street Expects.
Text size Cisco shares closed up 0.4% on Tuesday, at $46.77, off 26% for 2022. Angel Garcia/Bloomberg Investors are eagerly awaiting the latest results from technology bellwether Cisco to get an updat...
Afraid you missed the stock-market bottom? History says curb your FOMO.
Fear of missing out, or FOMO, may be helping to drive stock-market gains as major indexes rebound from 2022 lows set in mid-June — but investor angst over potentially missing the “bottom” is usually m...
These cannabis stocks could benefit from adult-use cannabis legalization in Germany
While it’s too early to predict winners and losers among U.S. and Canadian cannabis companies, some of these players are expected to see a boost in sales as Germany moves toward nationwide legalizatio...