(Bloomberg) — Stocks are still in a bull market, the U.S. isn’t headed toward a recession anytime soon and the Federal Reserve is more likely than not to orchestrate a soft landing, according to UBS Asset Management’s Jeremy Zirin. “The risk-reward from here is fairly balanced,” said Zirin, senior portfolio-manager and head of private client […]
Read More(Bloomberg) — In what looks increasingly like an uncharacteristic bout of bad timing, retail investors who hung tough during the selloff in January and February are now taking money off the table just as stocks are rallying. Evidence of a retail pullback was visible in data from several Wall Street banks and the U.S. options […]
Read More(Bloomberg) — The recent rebound in U.S. stocks is a good opportunity to sell and position more defensively, according to one of Wall Street’s most vocal bears. “Last week was nothing more than a vicious bear market rally,” Morgan Stanley’s chief U.S. equity strategist Michael Wilson wrote in a note. “While it may not be […]
Read More(Bloomberg) — Citadel Securities LP was thrust into the spotlight in 2021, with day traders, lawmakers and regulators all scrutinizing the firm at the center of one of the U.S. stock market’s wildest periods. They’re about to learn that amid the uproar, the financial giant had its best year ever. Billionaire Ken Griffin’s stock-trading powerhouse […]
Read More(Bloomberg) — Stocks surged Wednesday and U.S. and European equity futures rose after China unveiled a more market-friendly policy stance, boosting investor sentiment amid the uncertainty caused by Russia’s war in Ukraine. An Asia-Pacific share gauge jumped the most since 2020 and a Chinese tech index soared a record 20%. European futures added 2%, while […]
Read More(Bloomberg) — Asian stocks and U.S. equity futures climbed Monday, while Treasures fell, as traders weighed inflation risks from commodity-supply disruptions and braced for the Federal Reserve to hike interest rates this week. Japanese shares rose along with S&P 500, Nasdaq 100 and European contracts, providing some respite from selloffs spurred by Russia’s invasion of […]
Read MoreGold prices marched higher Monday, as investors fled to havens amid declines in stocks. DAVID GRAY/AFP/Getty Images Stocks plunged Monday and investors sought havens as oil prices hit the highest level since 2008, driven higher by supply fears amid a possible ban from the U.S. and allies on Russian crude. Futures for the Dow Jones […]
Read More(Bloomberg) — Stocks and equity futures sank Friday and havens including sovereign bonds jumped on reports that a major nuclear power plant is on fire in Ukraine after shelling by Russian troops. Japan led losses in an Asian equity gauge, S&P 500 and Nasdaq 100 futures shed more than 1% and European contracts dropped about […]
Read More(Bloomberg) — Whatever happens in Ukraine or how it affects Federal Reserve policy, the outcome will land in markets where investors have had time to prepare for the worst. It may be one reason the worst has so far been avoided. They’ve been steadily boosting bets against equities, shaking off a reluctance to short tracing […]
Read More(Bloomberg) — Stocks erased losses as investors bet that markets can recover from the latest imbroglio between the West and Russia over Ukraine, and a flight to havens eased. The Stoxx 600 Index fluctuated after falling as much as 2% earlier. Contracts on the S&P 500 steadied while those on the Nasdaq 100 pointed to […]
Read MoreFear is in the air, with global equities bouncing around and havens on the rise as investors enter a decisive week that could bring a war or regional conflict to Europe, if Russia can’t be persuaded to back off a Ukraine invasion. Wall Street is off to a mixed start, but a losing day would […]
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 More(Bloomberg) — Institutional investors are striking back in stocks, upending the brief and kooky reign of the retail day trader. So says veteran market-structure analyst Larry Tabb, citing a panoply of evidence including volume on legacy venues like the New York Stock Exchange as well as the quickly swelling value of shares changing hands each […]
Read More(Bloomberg) — In another week of severe equity turbulence, the S&P 500 saw three of the biggest intraday reversals of the decade, Microsoft Corp. swung 15% in 15 hours, and stock volatility doubled. In the end, for one last twist, the index rallied Friday, erasing losses for the week to post one of its smallest […]
Read More(Bloomberg) — Stocks fell and Treasury yields surged as Jerome Powell reinforced that the Federal Reserve is committed to ensuring high inflation doesn’t become entrenched, while adding that he doesn’t rule out a hike every meeting. The S&P 500 extended losses, the dollar pushed higher while 10-year yields topped 1.8%. The Fed chief said the […]
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