(Bloomberg) — Calm has finally come to a stock market that for weeks had been swinging violently. Bulls who hung tough are ending the year on firm footing after a frenzied off-loading of risk by professional speculators. December’s big sellers were hedge funds, which, chastened by wrong-way bets on high-flying software firms, spent the month […]
Read MoreThe New York Stock Exchange lit up in Christmas colors. Bryan R. Smith / AFP via Getty Images Is it Santa or merely rational exuberance? With the possibility of a record spike in Covid-19 looming, the S&P 500 index nevertheless headed into the Christmas weekend with a record of its own. And even stocks that […]
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 MoreNothing like a little October turbulence to help the market’s weak hands get in touch with their inner bears. But don’t let their negativity rub off on you. We’re still near the beginning of what will be a multiyear bull market. Here are six reasons to buy stocks now, and six names to consider in […]
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