(Bloomberg) — A pattern has persisted in stocks the past year. A downdraft steepens, sellers get the selling out of their systems, and the market is left poised for an often-powerful jump. Friday’s surge, which spared the S&P 500 from a fifth straight down week, bore all the hallmarks of that routine, coming amid a […]
Read More(Bloomberg) — There’s no quick recovery in sight for stocks and bonds that are having their worst year in at least three decades, according to strategists at BlackRock Inc. Russia’s grinding war in Ukraine and supply bottlenecks from labor shortages will keep the pace of price growth elevated. Central banks will tighten policy until the […]
Read More(Bloomberg) — Calling the bottom in the tech-sector meltdown isn’t easy, even after a $5.5 trillion wipe-out, yet there are some signals giving investors hope. Tech stocks have been hammered this year as rising interest rates, slowing economic growth and soaring inflation form a perfect storm of negative catalysts. That’s hurt everyone from retail investors […]
Read More(Bloomberg) — JPMorgan Chase & Co. strategists have identified what they say is a near bulletproof indicator to strengthen their argument that stock markets are poised to rally. The buy signal is triggered when the Cboe Volatility Index (VIX) rises by more than 50% of its 1-month moving average, which it last did Jan. 25, […]
Read More(Bloomberg) — It’s crunch time for the buy-the-dip crowd. The S&P 500 is threatening to close below its 100-day average — having already slipped below that measure intraday Tuesday for the first time in more than three months. Drops through moving averages can be seen as concerning because they may signal a change in momentum […]
Read More(Bloomberg) –Unfazed by the stock market’s bumpy start to the year, strategists from Goldman Sachs Group Inc. to UBS Global Wealth Management reiterated their bullish calls on bets that equities can weather higher interest rates and rising bond yields. “The selloff in some long duration high quality names might be overdone soon,” Goldman strategists led […]
Read More(Bloomberg) — Buying after a plunge, a trade rewarded virtually every time stocks pulled back in 2021, is facing a big challenge. Down hard for a second day Monday, the S&P 500 has now posted back-to-back, 1%-plus swoons twice in the past month, something it has mostly avoided doing before. It’s a worrying departure from […]
Read More(Bloomberg) — The twin issues that have recently rocked stocks — the omicron coronavirus variant and a hawkish Federal Reserve — did nothing this week to deter dip buyers, who powered American equities to their best rally in 10 months. As the latest Covid-19 strain sparked fresh restrictions around the world and surging consumer prices […]
Read MoreThe Consumer Discretionary sector includes stocks that cover a wide variety of the Retail industry. Because there are so many retail companies that offer different products to consumers, it’s hard to pinpoint any kind of specific niche. In the sporting goods category, there were significant challenges even before COVID-19 became a global pandemic. Declining revenues […]
Read MoreIdentifying stocks to buy on the dip will always be a winning strategy for long-term investors. So you should always keep some companies on the radar to get long when stock prices become more attractive. Therefore, today’s article discusses seven stocks to buy on the dip in the winter months. JPMorgan Chase (NYSE:JPM) strategist Marko […]
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