A major decline often happens in September or October. Thursday market action reveals that US stocks might be ready for an epic nosedive.
Wells nonsense vs its retail customer loans plus more terrorism via Covid variants clobbered stock Thursday. But Friday proved a new day.
The tech-heavy NASDAQ recovery continued Friday. That average closed up an impressive 2.32%, chalking up a whopping 304.99 point gain.
As a toppy stock market nears Friday's closing bell, the massive Texas grid failure, kicked off by a record cold snap, is apparently easing.
Spin the wheel of fortune, win a prize! Except you somehow never win a prize. Bad luck? The game is rigged. Ditto NFL football and Mr Market.
Tuesday markets continued Monday’s sickening COVID-19 menace-inspired waterfall decline. Big time. That Nevada caucus win by Bernie was no help either.
Was Tuesday's massive but decidedly weird bull move the next leg of a major market rally? Or was it merely a dead cat bounce?
A second US coronavirus case showed up in Chicago. Then a third, in… Oh, wait! That was only Connecticut’s Dick Blumenthal pitching fake coronavirus news.
President Trump's remarks on China trade issue “Scrooged!” US markets. The results? The Dow plunged by over 400 points almost in an instant.
Much of Friday’s market optimism involves China’s uncommon fondness for all things pork. Which is linked to alleged moves on the China tariff front.
Beijing just agreed to re-open trade talks with the US next month. Has the US government finally come up with a China Syndrome solution?
Last night's stock futures indicated we’d likely get another whipsaw move today after Wednesday’s horrendous interest rate inversion diversion. Or not.
As of today's closing bell, we can confirm it was Comeback Tuesday on Wall Street. Today's bullish bounce back rally was a welcome relief.
Our old reliable McClellan Oscillator popped above the zero line for the first time since… whenever. But averages refuse to break above their April highs.
WASHINGTON. US stock markets were, in my view, an unmitigated disaster in May. After a great start to the year, nearly all 11 of the business-industrial sectors in the S&P 500 collectively dropped like a stone. Exceptions were, to some extent at least, consumer durables, utilities and – late in the game – real estate. ...
So does a nasty Fed led recession lurk just around the corner? If that's the case, how can we bulletproof our investment portfolios?
Stocks in nearly all sectors take off in unpredictable directions during every single trading day. It’s roller-coaster investing at its worst.
Trump-China Syndrome, increasingly blatant and frantic Deep State efforts to remove President Trump from office, and the Fed’s pathological fear of inflation were just too much for this market. Bear market warning flags now fly all over commonly followed stock charts, indexes and averages.
WASHINGTON, February 5, 2018: At 3:05 p.m. ET Monday, Friday’s vicious stock selloff is continuing with a vengeance. Stocks are getting ruthlessly pounded across the board in bearish trading action not seen for well over a year. Monday afternoon, the Dow Jones Industrial average seems hell-bent on reaching the minus 1500 mark on the downside. ...
Are we witnessing a surprise stock market crash in progress? Immediately after Monday’s 9:30 a.m. opening bell at the New York Stock Exchange, the stock market resumed Friday’s catastrophic 2+ percent Dow decline.