Stocks are sending a sell signal. So says widely followed strategist Sven Henrich, founder and lead market strategist at NorthmanTrader, who told CNBC’s “Fast Money” on Thursday that one S&P 500 chart is showing the market heading for a major drop. Many market watchers have taken notice of the technical “megaphone” pattern the S&P has […]
U.S. stock futures weakened on a holiday Monday as tariffs on Chinese goods went into effect. With stock exchanges closed for Labor Day, futures on the S&P 500 ES00, -0.45% fell 0.7% to 2903.75, while futures on the Dow Jones Industrial Average YM00, -0.51% dropped 199 points, or 0.8%, to 26207. Tariffs of 15% on […]
Global stocks were hit by U.S.-China trade frictions on Tuesday while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to stymie lawmakers’ efforts to avert a no-deal Brexit. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS shed 0.2% in early trade while Japan’s […]
The trade war, tariffs, and other macro uncertainties caused many to investors to dump stocks and buy lower-risk assets like bonds over the past year. However, that widespread fear has reduced the valuations of many stocks to historical lows. Let’s examine three stocks that fit that description — China Mobile (NYSE:CHL), Momo (NASDAQ:MOMO), and HP […]
Stock Markets U.S. stocks managed to eek out another gain, ending the week in and the month of August on positive note. The rally was fueled by optimism about the possible reduction of trade clashes between the U.S. and China based on conciliatory talk emerging from both countries. The economic data that showed consumer spending […]
Asian stocks fell with U.S. equity futures after the latest tariffs kicked in on Chinese goods and data showed further weakness in China’s manufacturing sector. The yen edged higher and the yuan retreated. Japan and Hong Kong saw modest stock declines, while Chinese shares were little changed. S&P 500 futures dropped 1% before paring losses, […]
There aren’t too many more attractive combinations for income-seeking investors than a high-dividend yield and a bargain price. The bad news is that not many great stocks fit those criteria. The good news, though, is that a few do. AbbVie (NYSE:ABBV), AT&T (NYSE:T), and Gilead Sciences (NASDAQ:GILD) claim mouthwatering dividend yields and very attractive valuations. […]
Stocks posted solid gains last week, as both the S&P 500 and the Dow Jones Industrial Average rose by almost 3 full percentage points. Entering the ninth month of the year, the S&P is up 17% and the Dow has gained 13% so far in 2019. The peak of second-quarter earnings season has passed, but […]
A lot of people are energy investors in that they own a few shares of a big oil company like ExxonMobil — either outright or through an index fund. But there’s a whole world of energy investments that can be a lot more interesting. Finding those investments, though, and figuring out how best to navigate […]
It wasn’t a great session for the stock market today. But after rallying most of this week, it’s hard for bulls to complain too much heading into the long holiday weekend. The SPDR S&P 500 ETF (NYSEARCA:SPY), SPDR Dow Jones Industrial Average (NYSEARCA:DIA) and PowerShares QQQ ETF (NASDAQ:QQQ) each tacked on over 2.5% on the […]
When the stock market re-opens for trading on Tuesday after the Labor Day break, it could be the start of a rough month for stocks. But October should be better and the outlook remains positive for growth sectors of the economy. Those views come from James Paulsen, chief investment strategist at the Leuthold Group. In […]
Wall Street suffered from whiplash throughout August as trade headlines and recession angst sent stocks on a wild ride during the last full month of summer. The S&P 500 posted 11 moves of more than 1% in 22 trading sessions for August. Those moves included three declines of at least 2.6% as well as the […]
