The selling the stock market has seen thus far in January is only a small sampling of what is to come, warns Morgan Stanley’s chief markets strategist Mike Wilson. “While the average stock has seen quite a bit of downside, the major averages still have a good 10% down from here,” said Wilson on Yahoo […]
Read MoreInvestors should buckle up as it could get hairy this year with the Federal Reserve poised to begin lifting interest rates from rock bottom levels. “I definitely think we will experience more volatility in 2022 than what we have seen certainly over the last year, but even going back over the last decade. We started […]
Read MoreTech bulls, the big number to watch today is: 51. If the Nasdaq were to close lower on Wednesday by about 51 points, the tech-heavy index would officially be in correction territory. And, oh what a fall it’s been. On Nov. 19, the Nasdaq closed at 16,057.44, an all-time high, only to tumble 9.65% over […]
Read MoreAs investors awaits details of when and how the Federal Reserve plans to taper its massive monetary stimulus — and with inflation running as hot as ever — at least one investor thinks the market is likely to pull back from records as the central bank confronts price pressures that are throttling businesses and consumers. […]
Read MoreA stock market correction is a sudden drop in the value of stocks, usually by more than 10% from their most recent high (according to common indexes like the Dow Jones Industrial Average). When prices are overinflated due to intense demand among investors wanting in on profits, corrections help bring it back down. These rapid […]
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