NQ00

Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit

Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is bracing for a fresh batch of data including retail sales, on Thursday, with a deepening yield curve inversion between 2- and 10-year bonds giving off ever gloomier economic signals. There’s good news though, as a disastrous rail strike may be averted. There’s no cheering …

Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit Read More »

These 3 stocks sectors might be the place to be even if the market 'gets end of the world bearish'.

These 3 stocks sectors might be the place to be even if the market ‘gets end of the world bearish’.

As stocks look ready to try again for a post-Powell pick-me-up, caution is in the air, with preaching by some big banks. No doubt some may be looking even closer down the road, when bigger institutional traders may potentially return from vacations to size up the market after that hawkish Fed blow. Our call of …

These 3 stocks sectors might be the place to be even if the market ‘gets end of the world bearish’. Read More »

Fed heroics or no, the S&P 500 level is destined for a retest of lows. These are the levels to watch, says this strategist

Fed heroics or no, the S&P 500 level is destined for a retest of lows. These are the levels to watch, says this strategist

In the words of the great Bonnie Tyler: “He’s gotta be sure, and it’s gotta be soon, and he’s gotta be larger than life.” The hero this market is holding out for is Fed Chair Jerome Powell, and he’s talking Friday, so that’s soon. Whether he’s sure remains the question. “Speculation is running so hot …

Fed heroics or no, the S&P 500 level is destined for a retest of lows. These are the levels to watch, says this strategist Read More »

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things …

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi Read More »

Dow climbs more than 300 points ahead of July 4 holiday, U.S. stocks end higher after a bruising first half of 2022

Dow climbs more than 300 points ahead of July 4 holiday, U.S. stocks end higher after a bruising first half of 2022

U.S. stocks closed higher Friday, shaking off earlier weakness that came after a disappointing gauge of manufacturing activity underlined fears that aggressive monetary tightening by the Federal Reserve could lead to a sharp slowdown. How did stocks trade? The Dow Jones Industrial Average DJIA rose 321.83 points, or 1%, to close at 31,097.26. The S&P …

Dow climbs more than 300 points ahead of July 4 holiday, U.S. stocks end higher after a bruising first half of 2022 Read More »

U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

U.S. stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

U.S. stock indexes pushed higher after a wobbly start Wednesday, leaving Wall Street potentially on to gain ground after back-to-back losses, as investors tune in to remarks by central bankers while fretting that soaring inflation is damaging the world’s biggest economy. How are stock indexes trading? The Dow Jones Industrial Average DJIA  was up 196 …

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This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew — that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to …

This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite Read More »

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall …

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that. Read More »

Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom

Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom

Wariness is in order after the S&P 500’s bear-market finish and a potential 75 basis-point Fed hike just one day away. Gains for stock futures and a potential bounce are fading fast. Morgan Stanley’s Mike Wilson, who can count some wins after pounding the table this year over a gloomy stock setup, told clients on Sunday that …

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The S&P 500 is clinging to a key support level after Friday's meltdown, here's what happens if that fails

The S&P 500 is clinging to a key support level after Friday’s meltdown, here’s what happens if that fails

Last week’s shock U.S. inflation number continues to tear through markets, with dip buyers seemingly in hiding. Hardest hit Nasdaq-100 futures are down 3%. Investors are now focused squarely on Wednesday’s Fed outcome, with expectations the central bank may need to do something bold, driving even more anxiety out there. The aftermath of Wall Street’s …

The S&P 500 is clinging to a key support level after Friday’s meltdown, here’s what happens if that fails Read More »