Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders close in on rangebo...
Tag: Stocks
It’s time to part ways with the energy stocks: Karen Firestone
“Energy” is outperforming every other sector this year but Karen Firestone (Aureus Asset Management) says these stocks are not worth owning from here and out. OPEC+ to consider cutting oil production ...
Stocks making the biggest moves after hours: Rivian, Kezar, Dynatrace
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlin...
Is Credit Suisse the 2022 Lehman Brothers?
The nightmare resurfaces. The visions of red screens in panicking trading rooms return. And the September 2008 images and photos of Lehman Brothers employees leaving the New York headquarters with box...
Stocks Jump 3% on Fed Emergency Meeting – Trustnodes
US stocks have unusually jumped by about 3%, far higher than futures suggested, as market turbulences in bonds appear to be spreading with Credit Suisse seeing a huge rise in credit default swap rates...
Stocks jump, two trades and Club names in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks jump We made two tra...
Stocks bounce, dollar tanks as ISM Manufacturing misses expectations
The new trading week and month started with a risk-on tone, as stocks bounced from their lows. The reason? Worse-than-expected US economic data. As ironic as it may sound, poor economic data is bullis...
After Third-Quarter Carnage, 5 Stocks Poised To Bounce Back
Employees of Tyson Foods Inc. process chicken. Photo by Greg Smith/Corbis via Getty Images Corbis via Getty Images Investors suffered their third unpleasant quarter in a row in the quarter that just e...
Goldman Sees More Selling in US Stocks by Households in 2023
(Bloomberg) — Goldman Sachs Group Inc.’s strategists say households and foreigners could each sell US stocks valued at $100 billion next year, after making net purchases of a similar magnitude i...
Bitcoin registers modest gains as equities tick lower to close the quarter: this week in markets
Cryptocurrency was somewhat of an oasis of calm last week, while traditional markets were volatile. Bitcoin was up about 1% over the past week at $19,229, while ether lost a little more than 1% and w...
Vertex Stock Flashes Buy Signal; Gene-Editing Play Leads 5 Resilient Stocks In Bear Market
Gene-editing company Vertex Pharmaceuticals (VRTX) and entertainment giant WWE (WWE) lead the five stocks to watch for the week ahead. Cardinal Health (CAH), Cameco (CCJ) and Carlisle (CSL) round out ...
Dow Stocks To Trade In October
Photo by Drew Angerer/Getty Images Getty Images October is the most volatile month, has brought the biggest one-day declines, and usually closes on the upside. We refine the analysis by looking at Oct...
‘Stocks Are Looking Increasingly Cheap,’ Says J.P. Morgan; Here Are 2 Names to Consider
The stock market is often a game in reverse psychology. That is, when the mood gets too euphoric, it’s often a sign it is time to sell. Likewise, when sentiment hits the skids, that could be the ultim...
Ford, Rivian, GM: Concern About Outlook for Carmakers Piles Up
Life for the car manufacturers is becoming tougher as the economic slowdown worsens. A perfect storm of prepandemic difficulties made worse by covid-19 appears to be forming. Demand for cars is likel...
Is Bitcoin Really Decoupling From Stocks?
The correlation between Bitcoin and the stock market has weakened BTC Price at the time of writing – $19,358.11 Bitcoin has recently outperformed stock market indices The fact that Bitcoin has at time...
China’s $5 Trillion Rout Creates Historic Gap With Indian Stocks
(Bloomberg) — The relentless plunge in China’s stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that’s rarely been seen before. The MSCI India ...
Short U.S. stocks and short-term Treasurys until Halloween, Bank of America strategist says
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist advises. Michael Hartnett, chief investment strategist at Bank of America Securities, said he’s a tactical b...
Is Bitcoin Really Decoupling From Stocks? Experts Weigh-In
There’s a wry humor in the fact that Bitcoin has at times been very closely correlated with traditional markets. Bitcoiners generally prefer that BTC not have a high correlation with traditional asset...
BlackRock is Choosing Credit Over Stocks
Investment managers and individuals are showing they’ve had enough with the stock market. Borrowing costs continue to go up, and cheap funds that ignited a formerly bull market have disappeared. When ...
These 20 stocks in the S&P 500 tumbled between 20% and 30% in September
Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory. The S&P 500 SPX fell 1.5% on Fri...
Coinbase, Crypto Stocks Plummet as Bitcoin Trades Sideways
Coinbase stock fell almost 8% amid a less than bullish rating from Wells Fargo and harsh comments from famed short-seller Jim Chanos. Several other Bitcoin-adjacent public companies, including MicroSt...
It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.
One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the...
Dow Closes Worst September In 20 Years, Stocks Plunge As Bear Market Roars
Topline Markets sank Friday to close a historically bad month and quarter, with the Dow Jones Industrial Average closing 22% below its January 5 peak, as investors continue to fret over tighter moneta...
AT&T, Verizon and Comcast stocks just had their worst quarter in two decades
Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and wireless industries. Shares of wireless comp...
Here’s Why Royal Caribbean, Carnival Stock Are Good Buys
For the past two years, since the covid pandemic hit in late-February 2020, the cruise industry has taken one punch after another. And, while the situation has improved from the extended period when c...
Bank of America Likes These Beaten Down Chip Stocks
Semiconductor stocks have tumbled in recent months amid flagging demand, with the S&P Semiconductors Select Industry Index dropping 36% year to date. That might create buying opportunities for you...
This is the time when ‘accidents’ like Enron have happened — this JPMorgan quant says yields have peaked and prefers bonds over stocks
The old expression is when the tide goes out, you get to see who’s swimming naked. In financial markets, the tide is going out when central banks are raising interest rates and growth is slowing. That...
What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike (NKE) in its first-quarter earnings report has given us some serious insights into a handful of consumer stocks in the portfolio. We call them “readthroughs”: valuable ...
Still oversold, picking at chip stocks, Club names in the news
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Market still oversold When ...
Real Estate Debt Becoming An Attractive Investment As Stocks Fall And Mortgage Rates Climb
The housing market and all of the uncertainty plaguing it is undoubtedly on the minds of prospective buyers, sellers and investors. As the Federal Reserve continues to try to curb inflation through th...
Stocks waver in choppy trading after the S&P 500 touches new lows
U.S. stocks struggled to find their footing in choppy trading Friday after a vicious sell-off that sent the S&P 500 to lows not seen since 2020. The bellwether index hovered around the flatline, w...
Opinion: Big selling wave in stocks makes for a buying opportunity, says Baron manager who has 20% of his fund’s assets in Tesla
Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21. That followed $51 billion in sales during the five weeks ending Sept. 7 — the b...