After two strong market performance days, Tuesday is looking like yet another reversal with U.S. equity futures in the red ahead of the market open. The Dow, Nasdaq and benchmark S&P 500 all finished higher by more than 1.3% in Monday’s trading session and after the White House revealed the budget. President Donald Trump unveiled…
When Jim Cramer blamed “a group of complete morons” for the recent market downturn, he didn’t necessarily call out short-vol traders by name, but it certainly isn’t difficult to read between the lines: Cramer has also recently called XIV a “phony product” as well as a “toxic cigarette for the market.” Sure, it’s easy to…
The major averages are now in correction territory. The Dow Industrial Average fell more than 1,000 points Thursday and for the 2nd time this year, or 4.15%, extending its recent selloff to more than 10 percent. Beyond 20% and we’re officially in a bear market. “The extent of the drop depends on whether people focus…
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…
Today I received an e-mail message from one of my concerned students: Hello Mr. Moadel, I’ve been running into a lot of information about a possible recession approaching in 2018, including but not limited to: Markets overextended Short-term treasury bond yields now greater than long-term yields Continued dollar devaluation Other countries beginning to drop the…
