Is it a bear market bounce or a bull market rally? That seems to be the ongoing debate and depending who you ask; the answers will be vastly different. With Wednesday’s market rally, the S&P 500 (SPX) has rallied 15%+ over the past 33 days, with just 2 days in which it fell more than…
By: TONYA GARCIA of MarketWatch Walmart Inc., which reports fiscal third-quarter earnings on Thursday before the bell, is bringing together a variety of services and shopping experiences to create a new kind of retail experience, analysts say. Cowen analysts, writing after last month’s investment community meeting, said the retail giant is using its scale, global growth…
The tech sector was hit, once again, quite hard in the early going hours of trading on Wednesday, but the sector rallied hard in the afternoon hours. In total, the trading days proved rather benign with the major averages finishing mixed. The S&P 500 index edged up 1.03 points to 2,888.92, less than 0.1%, and the…
There’s some good and bad residing within every trading day. Yesterday’s good news was the performance or rotation out of large and midcap stocks and back into small cap stocks as the Russell 2000 Index outperformed its larger peer indices. Rotation is a sign of a healthy market as it points to active market participation…
After a rough open for the tech-heavy Nasdaq and usually supportive FAANG stocks, the market quickly rebounded intraday. All major averages, on the heels of a worse than expected Netflix subscriber addition number and share price plunge near 12% overnight, finished higher on the day. What may be even more remarkable than the intraday reversal…
https://www.youtube.com/watch?v=vNO-TTgv1a4...
The global equity market sell-off is showing signs of continuation into its 3rd consecutive trading day. Asian markets were hit heavily overnight with The Nikkei 225 index sliding 4.7% as most Asian markets finished in the red. Hong Kong’s Hang Seng Index logged a 5.1% decline, following the lead from U.S. markets. In a deeply troubling…
The Grand Market Sell-Off: Is that what we’ll be calling the pullback in the indexes in the coming weeks? Most obviously it remains to be seen, but one thing is for sure, this pullback was well overdue. The Dow Jones Industrial Average fell mightily on Friday to cap an ugly week and after a meteoric…
The Grand Market Sell-Off: Is that what we’ll be calling the pullback in the indexes in the coming weeks? Most obviously it remains to be seen, but one thing is for sure…this pullback was well overdue. The Dow Jones Industrial Average fell nearly 700 points on Friday to cap an ugly week and after a…...
The Dow Jones industrial average e-mini futures were up nearly 1%, or 243 points, ahead of the U.S. markets opening for trading Tuesday morning. The move puts DJIA squarely in the cross hairs of achieving Dow 26,000 in a most remarkable fashion and speed. Some of the most recent market rally can be attributed to…
