Bear Market

Bear Market
Economic Recession
Recession
U.S. Recession

Goldman Sachs Strategists Say Bear Market Will Last in 2023

(Bloomberg) — Equity investors hoping for a better year in 2023 will be disappointed, according to Goldman Sachs Group Inc. strategists, who said the bear market phase is not over yet. “The conditions that are typically consistent with an equity trough have not yet been reached,” strategists including Peter Oppenheimer and Sharon Bell wrote in […]

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Bear Market
Tesla
Top Stock Market News

Tesla Sinks 50% From November Record High as Troubles Pile Up

(Bloomberg) — Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth and technology companies especially hard. The electric vehicle-maker’s shares closed down 7.6% to $204.99 on Friday, taking its market capitalization to $642 billion. The decline has now sliced in half […]

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Bear Market
Bear Market Rally
Correction
Stock Market Correction
Top Stock Market News

What Dimon’s ‘Easy 20%’ Drop in the S&P 500 From Here Looks Like

(Bloomberg) — JPMorgan Chase & Co.’s boss Jamie Dimon says the US stock market could suffer another “easy 20%” drop, which would push the benchmark index below 3,000 — a level it hasn’t seen since the depths of the coronavirus pandemic. So what would another slide of that magnitude actually look like and which stocks […]

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Bear Market
Bear Market Rally
Correction
Stock Market Correction
Top Stock Market News

Investors on Guard as Stocks Rally Sputters Ahead of Data Deluge

(Bloomberg) — It’s hard to blame any stock-market investor for being confused right now. The S&P 500 and Nasdaq 100 indexes are both coming off their best weeks in a month. But the way Friday ended, it’s hard to feel optimistic. Where the market goes from here likely lies in a batch of economic data […]

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Bear Market
Stock Market
Top Stock Market News

Wall Street Warns Wishful Thinking on Fed Won’t End Bear Market

(Bloomberg) — Dip buyers wagering that the era of central-bank hawkishness has peaked got a reminder Wednesday that they are playing a dangerous game. The S&P 500 sank as much as 1.8% after the biggest two-day surge since April 2020 drew in traders tanked up on newly dovish monetary bets. While the index clawed back […]

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Bear Market
Bear Market Rally
Stock Market Bottom
Top Stock Market News

Bear Bounce or Something Big? Surging Stocks Excite Chart Technicians

(Bloomberg) — As ever, a fast market rebound has unleashed a deluge of views on whether the move will last. Chart analysts, cognizant that no rally has survived this year’s downdraft, are generally optimistic this one has room left to run. Monday’s 2.6% surge in the S&P 500 was broad-based: 486 of its members gained. […]

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Bear Market
Bear Market Rally
Top Stock Market News

Get Ready for Another Bear-Market Rally, Strategist Emanuel Says

(Bloomberg) — A crisis of confidence in the outlook for the UK’s finances was the latest trigger for risk aversion, helping drag the S&P 500 Index to an almost two-year low. Yet with investor sentiment in the gutter and the Bank of England vowing to open the checkbook to prop up its bond market, could […]

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Bear Market
Bear Market Rally
Stock Market
VIX

Spooked Traders Just Piled Into Stock Protection at Record Rate

(Bloomberg) — Options traders spooked by turmoil across Wall Street snapped up protection against further losses in stocks at the fastest pace on record. More than 33 million bearish contracts changed hands Friday across the board, the busiest session since data began in 1992. The largest exchange-traded fund tracking the S&P 500 (ticker SPY) also […]

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Bear Market
Bear Market Rally
Correction
Stock Market Correction

US Futures Slide as Fed Worries Outweigh Earnings: Markets Wrap

(Bloomberg) — US stock-index futures fell as concerns over the Federal Reserve’s aggressive rate-hike path outweighed robust corporate earnings and China’s stimulus plans. September contracts on the S&P 500 Index slipped 0.3% after the equity benchmark posted modest gains Tuesday amid a rally in retailer stocks. Nasdaq 100 futures retreated 0.5% signaling a selloff in […]

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Bear Market
Bear Market Rally
Short Selling

‘The Mother of All Shorts’ Is Also an Extremely Risky Trade

(Bloomberg) — By any conventional measure, AMTD Digital Inc. is one of the world’s most overvalued stocks. The barely profitable Hong Kong financial services firm trades at more than 400 times its latest fiscal-year earnings, compared with about 6 times for Goldman Sachs Group Inc., according to Bloomberg-compiled data. Even after tumbling more than 90% […]

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Bear Market
Bear Market Rally
Michael Burry

Michael Burry's Hedge Fund Added One Stock And Dumped All the Rest

(Bloomberg) — Michael Burry’s Scion Asset Management jettisoned 11 US equities in the second quarter and ended the period with just one. The hedge fund exited positions including Alphabet Inc. and Facebook parent Meta Platforms Inc., while adding private-prison operator Geo Group Inc., which was Scion’s only long stock holding as of June 30, according […]

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Bear Market
Bear Market Rally
Stock Market Rally

Every Wall Street Trend Goes Haywire as Stock Bears Are Crushed

(Bloomberg) — Stock bears are suddenly getting crushed. Once-dependable momentum trades are misfiring. Inflation-lashed bonds are bouncing back. After another expectations-busting week on Wall Street, sharp market reversals are baffling real-money veterans, retail speculators and quants alike. Big data surprises, including a blockbuster jobs report and a softer-than-expected July consumer price reading, have caught a […]

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Bear Market
Bear Market Rally

Mocked by Everyone, Stock Rally Sits at Cusp of a Chart Landmark

(Bloomberg) — It’s doomed, it’s a bear-market rally, a rebound that won’t last. All the mud thrown at equities over the last month may well turn out to be true. But it’s getting harder to brush aside the recovery in the S&P 500 as it hovers at a widely watched landmark in charts. Four straight […]

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Bear Market
Semiconductor
Semiconductor Fabrication

Chipmakers Tumble on Warnings of Worst Downturn in a Decade

(Bloomberg) — Semiconductors stocks tumbled after Micron Technology Inc. became the latest chipmaker to warn about slowing demand, triggering concern the industry is heading into a painful downturn. In the US, the Philadelphia semiconductor index sank 4.6% on Tuesday with all 30 members in the red, its biggest fall in about two months. In Asia, […]

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Bear Market
Bear Market Rally
Stock Market Bubble
Stock Market Correction

BofA Says Take Profit on ‘Bear Rally’ as Stock Outflows Resume

(Bloomberg) — Investors have resumed shunning global stocks in favor of bonds, according to Bank of America Corp. strategists, who say the time is right to step back from US equities after the strong rally in July. Global equity funds had outflows of $2.6 billion in the week through Aug. 3, according to a note […]

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X