(Bloomberg) — The sentiment on stocks and global growth among fund managers surveyed by Bank of America Corp. shows full capitulation, opening the way to an equities rally in 2023. The bank’s monthly global fund manager survey “screams macro capitulation, investor capitulation, start of policy capitulation,” strategists led by Michael Hartnett wrote in a note […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2022-10-14. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -19.17 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — The odds are rising that corporate borrowers will struggle to repay their debts as the Federal Reserve opts for jumbo interest-rate hikes to combat inflation, according to UBS Group AG. Default rates for US leveraged loans could next year rise to 9% as long as the Fed stays on its aggressive monetary-policy path, […]
Read More(Bloomberg) — Since 1824, it’s sat at a quiet crossroads of American higher education, surrounded by richer, more prestigious institutions like Cornell University and Colgate University. Now, tiny Cazenovia College, in rural upstate New York, is fast becoming a case study for the financial pressures driving scores of small, not-so-famous colleges to the brink. At […]
Read More(Bloomberg) — Inflation shows few signs of cooling in the economy. The same cannot be said of markets, which are starting to seem like the only thing the Federal Reserve has going for it these days. Even with Thursday’s big bounce, the S&P 500 has lost a quarter of its value this year. Shocking as […]
Read More(Bloomberg) — Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth and technology companies especially hard. The electric vehicle-maker’s shares closed down 7.6% to $204.99 on Friday, taking its market capitalization to $642 billion. The decline has now sliced in half […]
Read More(Bloomberg) — In most market environments, a company with one of the lowest valuations in the Nasdaq 100 Index, a solid balance sheet and sales growth averaging 34% a year would be an obvious buy. In the case of Meta Platforms Inc., it’s not so obvious. Since Mark Zuckerberg’s announcement a year ago of a […]
Read More(Bloomberg) — Stock markets and the US economy will have to experience more pain before the Federal Reserve pivots away from its aggressive policy tightening, according to Bank of America Corp. strategists. Thursday’s rally in US stocks after a hot inflation print resembled a “bear hug” amid oversold conditions, high cash levels and the lack […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2022-10-12. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -18.64 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — JPMorgan Chase & Co.’s boss Jamie Dimon says the US stock market could suffer another “easy 20%” drop, which would push the benchmark index below 3,000 — a level it hasn’t seen since the depths of the coronavirus pandemic. So what would another slide of that magnitude actually look like and which stocks […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2022-10-11. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -18.44 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation. The layoffs will be announced as early as this month, with the company planning to make the move around the same […]
Read More(Bloomberg) — Bank of England Governor Andrew Bailey urged investors to finish winding up positions that they can’t maintain, saying the central bank will halt intervention in the market as planned at the end of this week. “My message to the funds involved and all the firms is you’ve got three days left now,” Bailey […]
Read MoreMarket conditions are Bearish in a Bear Market as of 2022-10-10. This means traders and investors should consider trading with a Bearish bias by shorting stocks, buying inverse-ETF’s or buying put options. The rank of the Bear Market is -18.23 which indicates the current market conditions are Extreme, Risk of a reversal is high. The […]
Read More(Bloomberg) — With a dovish Federal Reserve pivot seemingly off the table after last week’s employment report, risks for speculators are running high before Thursday’s release of the consumer price index. Anything above the prior reading of 8.3% would be big trouble for the stock market, according to JPMorgan Chase & Co.’s trading desk. “This […]
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