The Dow Jones rebounded Wednesday above its 50-day moving average, but the blue-chip index, like the S&P 500 index and Nasdaq composite, is stuck in a trading range. But Dow Jones stocks Apple (AAPL), Microsoft (MSFT), Intel (INTC), Nike (NKE) and Visa (V) are all in buy zones. Apple Analysts have been split on whether […]
Category: Stocks Watch
Investor Mark Mobius predicts 30 percent drop in US stocks
Noted investor Mark Mobius said Wednesday that he expects a 30 percent drop in U.S. stock markets as a result of massive outflows from exchange-traded funds. “I think a 30 percent correction in the [U.S.] markets is not unforeseen,” Mobius, co-founder of Mobius Capital Partners, said on CNBC’s “Power Lunch.” “I think this is quite […]
Dow Jones Futures: This Top Stock Jumps Into Buy Zone On Earnings
Dow Jones futures rose slightly late Tuesday, along with S&P 500 futures and Nasdaq futures. Salesforce.com (CRM) jumped after hours on strong earnings, signaling a move back above a buy point. Meanwhile, even as the Dow Jones, S&P 500 index and Nasdaq composite suffered significantly losses Tuesday, the critical semiconductor sector held up well. Micron […]
Worried About Stocks? This FANG Stock Chart Will Definitely Feed Your Anxiety
The unbridled enthusiasm for tech stocks is waning, perhaps offering up a clue that the broader market is due for a breather. The NYFANG Index, which measures the performance of top tech names such as Facebook, Amazon, Netflix and Alphabet, has rallied about 8% in May as concerns have eased over data privacy and over-valuation. […]
3 Strong Buy Stocks from an Impressive Industry
As many investors know, there is an age-old saying that 50% of a stock’s price movement is the result of its group. Right now, one of our hottest groups is the “Semiconductor-General” industry, which is in the top 2% of industries based on the Zacks Industry Rank and contains some of the most elite options […]
Netflix, Amazon and Facebook are a (less dim) light on a dark day for stocks
The market took a big tumble Tuesday. 220 of the stocks in the S&P 500 were down more than 1.5%. But with a little less than an hour to go before the end of trading, usual suspects Netflix, Amazon and Facebook were holding up just fine. Netflix (NFLX), which just passed media titans Disney (DIS) […]
Selling All Your Defense Stocks in the Trump Era Is Probably a Dumb Move
Defense stocks have been on fire in the last year. And with geopolitical turmoil still running hot, that doesn’t look like it will change anytime soon. But did anyone pass that message along to Credit Suisse? Analysts downgraded the entire defense sector in a note last week, saying, “After six consecutive years of relative outperformance, […]
Italian stocks close down 2% in thin trading session; Genmab falls 20%
European stocks closed Monday lower, as investors monitored signs of thawing tensions between the U.S. and North Korea and reacted to renewed political turmoil in Italy. Italian stocks closed 2.07 percent after initially opening the session higher. This after news of a dramatic setback for the country’s populist parties. Meanwhile, Germany’s DAX and France’s CAC […]
Most Asian markets drift lower with oil on the back foot
Most major markets in Asia traded lower on Tuesday, with Italian politics and the slide in oil prices in the spotlight. Japan’s Nikkei 225 declined 0.64 percent, with strength in the yen weighing on major exporters. The yen traded at 109.07 to the dollar at 9:55 a.m. HK/SIN, compared to Monday’s close of 109.41. Electronics […]
3 Defensive Stocks to Cushion Your Portfolio From a Market Downfall
When it comes to investing, including some boring, defensive stocks in your portfolio is a good thing. This is because investors often forget that markets go both up and down. The market is in a positive mood lately, which is exactly why you will want to consider this trio of boring utility stocks. Here’s why […]
Asian markets trade mixed, with oil prices on the back foot
Asian markets were mixed in early Monday trade, with the decline in oil prices weighing on energy stocks in the region, while investors digested weekend news regarding U.S.-North Korea relations. Japan’s Nikkei 225 advanced 0.32 percent and the broader Topix added 0.19 percent. The Topix oil subindex fell 2.76 percent amid weakness in oil prices, […]
Why The FANG Stocks’ Dominance May Not Be So Bad For The Market
The FANG stocks have become some of the stock market’s most dominant stocks, disproportionately powering its gains, as well as its losses. But that isn’t necessarily a bad thing for the market. Given the size and strength of tech giants, Facebook Inc., Apple Inc., ( Amazon.com Inc., Netflix Inc. and Alphabet Inc. (Apple is often […]