Market conditions are Mildly bullish in a Bear Market as of 2022-12-14. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -13.67 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read More(Bloomberg) — A sober warning for Wall Street and beyond: The Federal Reserve is still on a collision course with financial markets. Stocks and bonds are set to tumble once more even though inflation has likely peaked, according to the latest MLIV Pulse survey, as rate hikes reawaken the great 2022 selloff. Ahead of the […]
Read More(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created buying that added fuel to the $7 trillion share advance. Evidence is arising now that the process is petering out. Hedge funds that […]
Read More(Bloomberg) — The selloff in global risk-assets against a backdrop of surging inflation and slowing growth is only getting started, some market participants believe. Faced with an increasingly hawkish Federal Reserve, the risks posed by Russia’s invasion of Ukraine and China’s strict Covid policies, the MSCI All Country World Index is nearing a bear market. […]
Read More(Bloomberg) — First it was a rout in the stay-at-home names that surged in the pandemic. Then speculative software makers with barely any earnings went south. Now the giant technology names whose sway on benchmarks has been decried by bears for years are dragging the market down. Dizzying as the downdraft has been, you can’t […]
Read More(Bloomberg) — It wasn’t that long ago that investors were being pilloried for rushing into stocks while a pandemic was gutting the economy. Now, with earnings estimates booming and little in forecasts to suggest a recession is hence, they can’t bail out fast enough. Limitless optimism has been replaced in two short years by a […]
Read More(Bloomberg) — The feel-good days for global markets at the end of March are firmly over. Everything from stocks to bonds is falling — even oil has pulled back from near records — in a concerted cross-asset selloff with echoes of the rate-spurred rout of October 2018. Blame it on a Federal Reserve intent on […]
Read More(Bloomberg) — The relentless rise in U.S. Treasury yields continued to send waves through global markets Monday, at the start of a key week for inflation watchers. Ten-year yields climbed through 2.75% for the first time since March 2019 as investors priced in the impact of the Federal Reserve’s tightening plan and accelerating inflation. The […]
Read More(Bloomberg) — The recent rebound in equity markets will prove short-lived, one of Wall Street’s most vocal bears said on Monday, advising investors to seek refuge in bonds as economic growth slows. “The bear market rally is over,” Morgan Stanley Chief U.S. Equity Strategist Michael Wilson wrote in a note to clients. “That leaves us […]
Read More(Bloomberg) — The S&P 500 Index looks set to climb to “new rally highs” in the second half of 2022, but before that it will likely limp through a soft second quarter, according to JPMorgan Chase & Co. The index has rebounded from the bank’s favored medium-term range of support between 4,100 to 4,300, as […]
Read More(Bloomberg) — Even after a correction in tech stocks and surging yields on U.S. government bonds, investors still don’t understand the risks they’re taking in equity and debt markets, according to Mark Spitznagel, manager of the best-known fund protecting against so-called black swan events. “There’s a profound lack of appreciation for how dangerous the market […]
Read MoreThe explosive growth in passive trading, a fear of missing out, and a blind faith in “celebrity CEOs” have contributed to froth in high growth tech names, according to Harvard lecturer and renowned writer Vikram Mansharamani. Now, the author who made a name spotting market bubbles in his book “Boombustology: Spotting Financial Bubbles Before They […]
Read MoreStocks are in a risk-off mood six trading days into the New Year for a multitude of reasons, prompting one veteran strategist to issue a blunt warning to over-enthused investors. “We have never seen equities priced quite this high. The adjusted price to earnings ratio is pushing up against 40 times. The last time we […]
Read MoreMonday, January 10, 2022 We have learned a few important things early on in 2022. First, this may truly be the year of the NFT (non-fungible tokens) after rising out of nowhere in 2021. The market ferociously boosted the valuation of dying retailer GameStop late last week on speculation it would make a full-throated attempt […]
Read More(Bloomberg) — Stocks could face a “slow, laborious” decline in 2022 as a result of a more hawkish Federal Reserve that may raise interest rates four times, according to Dennis Gartman. The University of Akron Endowment Chairman said in an interview with Bloomberg Radio Monday that stocks could trade 10% to 15% lower this year. […]
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