Coming into the trading week, Finom Group outlined for subscribers its belief that a market bottom hadn’t been found as of yet and volatility would likely head higher before its inevitable decline. Monday investors found a deeply troubled equity market environment whereby the Dow was up more than 300 points at one point before turning…
February was a difficult time for investors, having to grin and bear the first market correction in roughly 2 years. Some investors in the market threw in the towel so to speak, others staid the course and were rewarded for their longer-term vision. And so here we are once again on the cusp of another…
Equities recaptured much of what they had lost from Wednesday’s market rout on Thursday, but those gains look fleeting now after revenue misses from the likes of Amazon (AMZN) and Alphabet (GOOGL). U.S. equity futures are sharply lower ahead of the opening bell on Wall Street after the two tech titans failed to perform. Shares…
The market statistics have become more grotesque as October rolls on and with most of the major indices faltering. The Dow Jones Industrial Average dropped 608.01 points at 24,583.42 and erased all of its gains for 2018. The Dow has dropped 7.1% in October. The S&P 500 dropped 3.1% to 2,656.10 and also turned negative for the year.…
Tuesday, once again, found U.S. equities under pressure with the Dow Jones Industrial Average (DJIA) falling over 500 points in the first hour of trading. But through the remainder of the trading day, the Dow, S&P 500 (SPX) and Nasdaq (NDX) all rallied. The Nasdaq and S&P 500 both went positive at one point, but…
The bigger they are, the harder they fall…and they don’t get any bigger than the U.S. equity markets. After falling by roughly .5% on Monday, the Dow Jones Industrial Average (DJIA) and S&P 500 (SPX) are set for an even greater reset with futures pointing to a greater than 1.25% drop at the onset of…
Is it the Fed? Is it China’s bear market? Is it Italian sovereign debt? Take your pick, but it is probably none of the above or all of the above that sent U.S. equities reeling on Thursday. China’s stock market plunged deeper into bear market territory overnight on Thursday, which found European equities under pressure.…
There was nothing in the FOMC minutes, which were released at 2:00 p.m. Wednesday, that wasn’t already a known to investors and analysts alike. The greatest takeaway from the minutes is that the Fed is continuing on their path of gradual interest rate hikes and believes the economy is healthy/growing. A summary of the Sept.…
After losing 1,400 points on the Dow last week, I’m sure there’s a sense of relief on Wall Street given the tremendous rally Tuesday. Now, if only the major averages can find some semblance of a follow through on Wednesday, investors might be able to avoid the dreaded “double dip”. On Tuesday, the major averages…
By: SARAH TOY: MarketWatch Netflix Inc. will get the chance this week to prove its disappointing second-quarter results were just a one-off rather than a recurring problem. The company NFLX, announces third-quarter earnings results Tuesday after the closing bell. For the second quarter, the streaming giant reported 5.15 million new subscribers, down from 7.41 million the previous quarter…
