Text size Rivian stock has been rebounding after taking a beating for most of the month. Justin Sullivan/Getty Images Rivian Automotive is shaking up its production plans and management. “We have upda...
Tag: DJIA
Is It Time to Buy Stocks Again? Why Citi Says Yes.
Text size Can investors finally stop worrying about a bear market? Photo by MORRIS MAC MATZEN/AFP via Getty Images It’s been a long slog this year for the plummeting stock market. Citigroup’s model th...
Dow Surges Over 500 Points, Market Rebound Continues As Stocks Snap Seven Week Losing Streak
Topline Stocks finished higher on Friday—capping off a solid rally this week that saw markets rebound from more than seven consecutive weeks of losses, as recession fears continued to subside in light...
Dow Jumps 500 Points, Market Rebounds As Strong Earnings Alleviate ‘Dire Recession Headlines’
Topline The stock market rebounded for a second day in a row on Thursday, on track to snap a seven-week losing streak, as recession fears cooled amid a slew of strong quarterly earnings reports that b...
Dow books 4th day of gains, stocks rally after Fed minutes signal flexibility on interest rate hikes
Stocks closed higher Wednesday as investors took away a message of flexibility from the release of minutes of the early May Federal Reserve meeting about its path to higher interest rates. How did sto...
‘Markets are imploding’ because the Fed isn’t doing its job, says billionaire investor Bill Ackman
“‘How does this downward market spiral end? It ends when the Fed puts a line in the sand on inflation and says it will do “whatever it takes.”’” — Bill Ackman, founder and CEO, Pershing Square Capital...
‘Real wealth destruction’: This Deutsche Bank chart shows what could happen to assets in a repeat of the stagflationary 1970s.
While the decade is still young, if inflation sticks around for the next few years, things could get pretty ugly for investors. That’s according to this chart from Deutsche Bank, which shows how a ran...
Stock Market Selloff Resumes As Snap’s 40% Plunge Drags Tech Shares Lower
Topline The stock market fell on Tuesday—reversing a comeback rally a day earlier—as the months-long selloff on Wall Street persists with investors continuing to offload shares amid a gloomy profit ou...
Tesla Stock Has Fallen Below $700. Why $540 Might Be Next.
Text size Tesla stock hit $1,200 early in the year and almost $1,150 in April. Then it started dropping. Mario Tama/Getty Images Tesla stock has been badly battered in recent weeks. It’s breaking key ...
$6 a Gallon Gasoline? Here’s How It Could Happen.
Illustration by Elias Stein Text size U.S. gasoline prices are at record highs, averaging more than $4.50 per gallon at the pump, and surpassing $4 in all 50 states for the first time. But, says Natas...
‘Robinhood’ investors are ‘going to get their heads handed to them,’ as stocks on verge of bear market, says ‘Godfather’ of chart analysis
A bear market for the S&P 500? The stage certainly appears to be set for one, as equity benchmarks bounced around on Friday, posting weekly declines after a whipsawing session. Prominent market te...
A bear-market rally could be lurking, but investors should ‘sell any rips,’ says Bank of America
Despite the extensive losses seen for stock markets so far this year, it’s not over until it’s over — and investors should keep selling into any big rebounds higher. That’s the advice from a team of s...
S&P 500 Plunges Into Bear Market As Stocks Fall For Seventh Week In A Row
Topline The stock market tanked on Friday, adding to heavy losses this week that pushed the S&P 500 into a bear market, down over 20% from its intraday peak in January as investors continue to get...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
Selloff puts Dow, S&P 500 on cusp of bear market. History says more pain may lie ahead.
History shows that when the S&P 500 enters a bear market, it tends to stay awhile. Back-to-back drops left the large-cap benchmark SPX, -0.58% down 18.7% from its Jan. 3 record finish on Thursday,...
Why Consumers Will Buy Ford’s F-150 Lightning, According to Analysts
Text size The stakes are high for Ford’s new F-150 Lightning. Courtesy Ford The Ford F-150 Lightning electric pickup truck is one of the most significant vehicle launches in U.S. history. Americ...
Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.
“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argu...
Investors Have ‘Nowhere To Hide’ As S&P 500 Nears Bear Market Territory
Topline The stock market moved lower on Thursday, pushing the S&P 500 to the brink of bear market territory as investors continued to offload shares following warnings from major retailers about i...
Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’
Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially W...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
Dow Falls 900 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures
Topline The stock market selloff resumed on Wednesday amid reinvigorated fears about surging inflation weighing on economic growth, as several major retailers have now reported that quarterly profits ...
Here’s what a modern Volcker-style inflation fight could look like, SocGen says
Federal Reserve Chairman Jerome Powell has begun talking about a “softish landing” for the economy as the central bank squares off against high inflation by raising rates and cutting its nearly $9 tri...
DCAProfit Releases A New DCA Calculator Supporting Dozens of Cryptocurrencies And DJIA Performance Comparison
– Advertisement – DCAProfit has released its new dollar-cost averaging calculator supporting dozens of cryptocurrencies. Moreover, investors can compare these results to the Dow Jones Indu...
Opinion: Strong insider buying suggests a 15% rally in the S&P 500 from here
One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks. That’s changed in a big way. They’re bulli...