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…
It was a big “nothing burger” for investors in the equity markets last week, as by and large the major averages finished nearly flat on the week. For the week, the Dow eked out a gain of 0.2%, while the S&P rose less than 0.1%. The Nasdaq notched a decline of less than 0.1%, enough…...
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...
U.S. equity markets rallied higher in late trading yesterday and after a hard and steep fall in the prior two trading sessions. On Tuesday, the Dow jumped by 567 points, or 2.3%, for its biggest percentage gain in two years. The S&P 500 closed 1.7% higher on Tuesday, while the Nasdaq Composite gained 2.1 percent. But after strong…
How ’bout those VIX products, huh? For a few brief moments this morning, when XIV, SVXY, and VXX were all halted, I felt like I was in a Twilight Zone episode. SVXY is currently trading again at one-tenth of its former price, and given the fact that it tends to go up over time, I’m temped…
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…
As expected and unfortunately, depending on your market outlook and desired positioning, the major averages are pointing to a sharply negative open. A global stock selloff was underway Monday, as European stocks opened sharply lower. In Asia, selling was widespread, with Japanese stocks suffering their biggest decline since November 2016. This after a major market…
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…
