US stocks fell in early trades on Monday as negative sentiment across global equities intensified. After closing sharply lower last week, US indexes extended losses in the morning session on Monday, e...
Tag: Stocks
9 Sin Stocks For Your Watchlist: Alcohol, Cannabis & Casinos
Playing cards near wineglass of whiskey and cigar getty One of the more fascinating — and perhaps ironic — facets of Wall Street is the ability to profit off some of life’s most notorious and lo...
Gold and commodities shine as safe havens in 2022 as stocks continue to suffer
After the pandemic years, people would have thought that little could surprise them, however, few could have predicted what 2022 would have in store for the world. The performance of various asset cla...
Major tech stocks lose $2.4 trillion in market cap from their 2021 all-time highs
Recent price action in the market related to FANG (Facebook, Alphabet, Netflix, and Google) stocks indicates that it could be time to take off the rose-tinted glasses. While stock indexes have mostly...
Chinese stocks and yuan fall as Beijing braces for Shanghai-like lockdown
Mainland Chinese indexes turned red and led the drop-off, as Asian markets fell sharply on Monday, April 25. The Shenzen Component Index fell 6.08% to 10,379.28, while the Shanghai Composite Index dec...
Sri Lanka Stocks Plunge, Ending Trading 32 Minutes After Reopen
(Bloomberg) — Stocks in Sri Lanka plunged, triggering a trading halt for the rest of the day, lasting barely 32 minutes after the market opened for the first time in two weeks. Most Read from Bl...
China Lockdown Fears Rip Through Markets as Stocks, Yuan Tumble
(Bloomberg) — Fears about the economic toll of China’s strict Covid Zero policy intensified Monday, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumblin...
Value Stocks Will Trounce Growth, Say 74% of Voters: MLIV Pulse
(Bloomberg) — Value investing is winning again, after famously lagging since the global financial crisis, as rising bond yields stifle technology stocks anew — while the lost decade for em...
Hedge Fund Cuts China Stocks to Zero Seeing Worse Year Than 2008
(Bloomberg) — As China’s markets gyrate following Covid outbreaks and Russia’s invasion of Ukraine, one of the nation’s best-performing macro hedge funds is bracing for more pain. Most Read from...
Euro Rises Post-French Vote; Stocks to Drop Monday: Markets Wrap
(Bloomberg) — Stocks are set to start the week lower as investors weigh the impact of more aggressive interest rate increases on the economy and earnings. The euro gained after Emmanuel Macron’s...
Bearish Bets: 3 Small-Cap Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Elon Musk Brings Internet Service Someplace Surprising
Last month, Jonathan Hofeller, vice president of Starlink commercial sales at SpaceX, Elon Musk’s aerospace company, declared that “connectivity on airplanes is something we think is ripe ...
Lockheed Martin, Target Lead Five Stocks Near Buy Points Amid Rising Rates, Inflation
Lockheed Martin (LMT), Target (TGT) and property REIT stock Extra Space Storage (EXR) rank among this week’s top stocks to watch, amid rising interest rates and inflation. Paychex (PAYX) and Wey...
Netflix and Disney Stocks Hit a Rough Patch. Don’t Count on a Quick Bounceback.
Netflix hasn’t done much wrong, despite a 35% plunge on quarterly results this past week, and a 22% one back in January. The company has convinced 222 million customers worldwide to hand it an average...
BofA: Outflow from Stock Funds ‘Just Starting’
Stocks have struggled so far this year, with the S&P 500 losing 10%. Commentary from Bank of America strategists indicates more losses may be on the way. Global equity funds saw on outflow of $17....
Stocks Will Shake Off Gloom and Shine, Defiance’s Jablonski Says
(Bloomberg) — Dreary headlines wash over investors every day — war in Ukraine, inflation, the unending spread of Covid-19, supply-chain troubles. All the gloom has market analysts downgrad...
Jack Dorsey Follows Elon Musk in Dropping CEO Title (For Something Ridiculous)
Inflation may be burning up the charts. Twitter’s (TWTR) – Get Twitter, Inc. Report fate may be hanging in the balance. The world may be lurching towards a once unthinkable confrontation...
Stocks Succumb to Bond-Market Rout as Fed Inflation Hawks Circle
(Bloomberg) — A week that began brimming with economic optimism ended up caving in on stock bulls, who find themselves increasingly helpless in the face of determined Federal Reserve inflation f...
Bitcoin follows fresh US stocks dive as analysis ‘expects’ BTC price to take $37.5K liquidity
Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21’s losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No let-up for ...
Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust
Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,...
Stocks got clobbered Friday. Here’s why investors should focus on the long game
The stock market ended a volatile week on a gloomy note Friday, with the three major U.S. indexes plunging as investors got tripped up in worries like inflation, the Fed’s fight against it and fears o...
A Key Bond Yield Nears 3%. It’s a Bad Omen for Stocks.
Interest rates may finally be getting real. To investors with a sense of history, the near-zero and even negative interest rates of recent years might have seemed unreal, and indeed were unprecedented...
Dow Jones Dives As Bears Maul Stocks On These Fears; Health Stocks Hit As HCA Collapses; 3 Stocks Craft Bases
The Dow Jones Industrial Average took a dive as fears over the economy caused stocks to swoon. Health was among the worst areas as HCA Healthcare (HCA) collapsed after earnings. Verizon Communications...
Buy ’gift horse’ Danaher while it’s down, but leave room for other stocks, Cramer says
CNBC’s Jim Cramer on Friday advised investors to buy shares of medical diagnostics and health technology company Danaher while it’s down, warning that it won’t stay that way for long...
Pandemic darling stocks Netflix, Peloton, Zoom, and DocuSign face a rude awakening
Netflix (NFLX), Zoom (ZM), Peloton (PTON) and DocuSign (DOCU), are some of the bottom performers of the Nasdaq 100 year-to-date. The once pandemic darlings known as stay-at-home stocks have been incre...
Cathie Wood Watch: Ark Adds to Tech Favorites, Swaps EV Producers
Renowned investor Cathie Wood, chief executive of Ark Investment management, on Thursday continued to bulk up on some of her favorite technology stocks. She also bought shares of one major electric-ve...
U.S. Stocks Poised to Open Lower on Monday
U.S. stocks are set to open Monday slightly down. On Sunday night, Dow Jones Industrial Average futures were flat, while the S&P 500 futures lost 0.1% and Nasdaq Composite futures lost 0.1%. Crude...