Godfrey Benjamin With YTD loss of 64%, Anthony Scaramucci believes Bitcoin is better than most stocks Considering the strain in the broader financial ecosystem this year, both the stock market and the...
Tag: Stocks
Here’s the 2023 Chart Setup for the S&P 500 and Nasdaq
The bear market roared throughout 2022. In a somewhat cruel twist, the S&P 500 hit an all-time high on Jan. 4, the second trading day of the new year. From that point on, it’s been a feast f...
Why The Calendar Might Signal A Good 2023 For Stocks
Market rally. Getty Images There’s total agreement on one thing about 2022: It was a malodorous year for the stock market. What about next year? Right now, the most common outlook is that it will be n...
BTC price lurches toward $16K as stocks, dollar wobble in final session
Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Will new year deliver R...
U.S. stocks fall on last trading day of 2022, booking monthly losses and worst year since 2008
U.S. stocks ended lower Friday, booking their worst annual losses since 2008, as tax-loss harvesting along with anxieties about the outlook for corporate profits and the U.S. consumer took their toll....
These 4 Insurance Stocks Keep Hitting New Highs
Insurance, Tesla, dividends getty While you were watching Tesla keep sliding to lower and lower yearly lows, you may have missed it that some big insurance companies kept going higher. It’s not as exc...
Did Amazon Stock Bottom in 2022 or Are More Losses on the Way?
Amazon (AMZN) – Get Free Report stock was not the worst-performing FAANG stock in 2022, but it was far from the best. Amazon’s seemingly strong and resilient business in the cloud with Am...
Betting on a Crypto Comeback; Analysts Bullish on These 3 Bitcoin Stocks
Markets saw a general decline in 2022 – but few market segments were hit as hard as crypto, with the leading currency, bitcoin, down by 64% this year. But just because bitcoin is down doesn’t mean tha...
S&P 500: 12 Stocks Turned $10,000 To $277,126 In 12 Months
The S&P 500 handed investors a loss of nearly 20% in 2022. But even during such a disappointing year, plenty of moneymaking stocks in the index jumped higher. X All told, had you invested $10,000 ...
The Biggest Insider Stock Dumps Of 2022
Illustration by Philip Smith for Forbes; Image by Britta Pedersen-Pool/Getty Images Elon Musk sold $23 billion of Tesla stock in 2022 to fund his purchase of Twitter, driving down the automaker’s stoc...
tech stocks collapse is worse than you think
The Nasdaq 100 index had a terrible year as the Federal Reserve embraced an extremely hawkish tone. The bank delivered a series of jumbo rate hikes that pushed the official cash rate to 4.50%. Inflati...
After $18 Trillion Rout, Global Stocks Face More Hurdles in 2023
(Bloomberg) — More tech tantrums. China’s Covid surge. And above all, no central banks riding to the rescue if things go wrong. Reeling from a record $18 trillion wipeout, global stocks must sur...
Worst year for US stocks and bonds since 1932
It’s been a torrid year for investors, and not just those in crypto, with United States (U.S.) bonds experiencing their worst year in centuries and U.S. stocks pulling back nearly 20% since 2022 began...
US Stocks Fell on The Fear of Recession, Snapchat Stock Price Also on The Same Route
Snapchat (SNAP) share price appears to be extremely bearish in December. Buyers saw 17% loss in the last 29 days. The daily RSI indicator is trading flat above the oversold zone. During the Santa rall...
Tesla Stock’s 8% Surge Fuels S&P’s Best Day Of December
Topline Shares of Tesla, one of the worst-performing major stocks of 2022, jumped Thursday, headlining a broader gain in the stock market, which looks to cap a no good, very bad year on a positive not...
Energy Stocks Outshone Peers In 2022
Topline During the stock market’s worst year since 2008, energy stocks have greatly outperformed other assets, providing strong returns as investors piled into the sector amid political and economic t...
Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly j...
Tesla Stock’s 6% Surge Drives Market Rally
Topline Shares of Tesla, one of the worst-performing major stocks of 2022, jumped Thursday amid a broader gain in the stock market, which looks to cap a no good, very bad year on a positive note. Stoc...
Coinbase, Galaxy Digital shares rise sharply as stocks surge
Shares of Coinbase (NASDAQ: COIN) rose more than 8% on Thursday as the broader stock market recorded a slight upside amid ongoing investor jitters. COIN, one of many crypto-related stocks to nosedive ...
Time to Lean Into These 3 ‘Oversold’ Stocks, Say Analysts
The last 12 months have seen a combination of volatile trading and a relentlessly downward trend in the stock market. The end result, in this last week of the year, is broad based losses – a 21% ytd d...
Tesla stock’s biggest bull is now pounding the table after rout
Long-time Morgan Stanley Tesla (TSLA) bull Adam Jonas really loved the stock 70% higher than it is today, so it’s unsurprising to see him doubling down on the tanking EV maker’s stock ahea...
5 best Nasdaq stocks to buy in January 2023
The market struggled in 2022 as the Federal Reserve raised interest rates seven times to battle inflation. Despite lower inflation in October and November, many economists anticipate the U.S. central ...
J.P. Morgan Sees 70% Upside for These 2 Auto Stocks
There’s been a lot of talk about the downward economic pressures that have pummeled the markets in 2022 – maybe too much such talk. Yes, the S&P 500 is down almost 21%, and the NASDAQ is down 35%,...
Dow Jones Leader Caterpillar Headlines These 4 Stocks In Or Near Buy Zones
Among the best stocks to watch, Dow Jones leader Caterpillar (CAT), recent IBD Stock Of The Day Cardinal Health (CAH), IBD Leaderboard stock Tenaris (TS) and Texas Roadhouse (TXRH) are adding points a...
China Stocks Retreat as Covid Outbreak Renews Growth Fears
(Bloomberg) — Chinese stocks declined as traders fret the nation’s outbreak may derail a much-awaited economic recovery at home and abroad. Most Read from Bloomberg The Hang Seng China Enterpris...
European Stocks Fall as Covid-19 Angst Spreads: Markets Wrap
(Bloomberg) — European stocks declined and equities across Asia fell on Thursday as concerns about the spread of Covid-19 from China weakened risk appetite in one of the final trading days of th...
Verizon, Intel and Dow stocks are the biggest ‘dogs’ of the Dow as 2022 ends
The stocks of Verizon Communications Inc. VZ, +0.36%, Intel Corp. INTC, +0.84% and Dow Inc. DOW, -0.52% are the biggest “dogs” of the Dow Jones Industrial Average DJIA, -0.22% as 2022 comes to an end....