Day: May 9, 2022

Cathie Wood

Cathie Wood’s Famed Market-Beating Return Is Disappearing

(Bloomberg) — The outsized gain that turned Cathie Wood into one of the world’s most famous proponents of active fund management is quickly evaporating as some of her favorite stock picks tumble. After years of trouncing the market and just days after Wood issued a broadside against passive investing, her flagship ARK Innovation ETF now […]

Read More
Stock Market Correction
Stock Market Crash
Tech Stocks

Nasdaq 100 Rout Erases $1.5 Trillion in Market Value in 3 Days

(Bloomberg) — Three days of heavy selling in technology stocks has erased about $1.5 trillion in market value from the Nasdaq 100 Index. The tech-heavy benchmark sank 4% on Monday, extending its decline to 10% since the Federal Reserve raised interest rates half a percentage point last week and Chair Jerome Powell signaled the Fed […]

Read More
Crypto Crash

Bitcoin Washout Is Leaving Mom-and-Pop Buyers Holding the Bag

(Bloomberg) — There’s a crypto refrain when prices crash precipitously like this: The selloff is washing out the short term-focused non-believers, known as weak hands, strengthening the industry in its wake. It’s a glib way to think of all those who had joined the market as Bitcoin’s price rose to an all-time high at the […]

Read More
1929 Stock Market Crash
Mother Of All Crashes
Real Estate Crash
Stock Market Crash

Goldman and the Rest of Wall Street Are Souring on the S&P 500

(Bloomberg) — Wall Street is reluctantly coming to grips with a new reality for 2022: This isn’t going to be a good year for stocks. Credit Suisse cut its forecast for the S&P 500 Index last week. Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley are also now predicting that equities will […]

Read More
Energy Sector
Energy Stocks
Trade Of The Day

Delek US Holdings, Inc. (DK) Should Be On Your Radar

Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail. The Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. DK $25.0200 -2.7800 % -10.0000 Delek […]

Read More
Top Stocks
Top Stocks To Watch

3 Radio & TV Stocks To Buy Now

Click the symbol for the chart and signal Urban One, Inc. (UONE) Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. Urban One, Inc. (UONEK) Urban One, Inc., together with its subsidiaries, operates […]

Read More
Automotive Retail
Daily Rundown

Pharmaceuticals, Tires, Toys, Automotive Retail, Recycle

Merck & Co., Inc. (MRK) Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes. Titan International, Inc. (TWI) Titan International, Inc., together with […]

Read More
Electrical Wiring Services
One Hot Stock

Encore Wire Corporation (WIRE)- Buy Price: $129.55 or better

Buy Price: $129.55 or better Sell Price: TradersPro Sell Signal Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company’s products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing. The stocks founds in the One Hot Stock category use stocks […]

Read More
Athletic Apparel
Outdoor Apparel
Outdoor Recreation
Value Investing
Value Stocks

COLM is down -30% in 2022. Is it a bad stock or a great value?

During the last two years, one of the most interesting sectors of the market to pay attention to has been the Consumer Discretionary sector. This is a sector that is driven by consumer spending, which is generally highest when the economy is healthy. The COVID-19 pandemic shuttered all kinds of economic activity through much of […]

Read More
Bond Crash
Stock Market Crash
Treasury Yields
US Treasuries

Treasury Five-Year Yield Climbs to Highest Since September 2008

(Bloomberg) — U.S. Treasuries tumbled Monday, driving the yield on five-year notes to the highest level since September 2008 amid speculation persistent inflation will prompt the Federal Reserve to tighten policy more aggressively. The yield jumped as much as three basis points to 3.11%, extending an advance that has seen the rate more than double […]

Read More
Bond Market

‘Peak’ U.S. Inflation Signal Eyed for Bond Market Turning Point

(Bloomberg) — Bond markets could be in for something of a rebound after their record plummet, with investors looking for signs that U.S. inflationary pressures have touched their peak. Global bonds have racked up a record straight nine months of losses, with April being the worst ever, according to data stretching back to 1990. But […]

Read More
Economic Collapse
Economic Trends

Goldman’s Kostin Sees Stocks Downside Even if Recession Avoided

(Bloomberg) — The outlook for U.S. stocks isn’t particularly bright, even if an outright recession is avoided, according to Goldman Sachs Group Inc. strategists. “The best case scenario for the economy — and, eventually, for equity prices — probably involves a continued period of constrained equity market returns,” the strategists led by David Kostin wrote […]

Read More

Bitcoin Flirts With Lowest Level Since 2021 as Equities Swoon

(Bloomberg) — Bitcoin is falling toward levels last seen in July 2021, part of a wider retreat in cryptocurrencies amid a global flight from riskier investments. The world’s largest digital token dropped as much as 2.7% on Monday and was trading at $33,741 as of 12:40 p.m. in Singapore. The second biggest, Ether, shed as […]

Read More