by NaturalHedgehog Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging! Below …
This is already a bear market, stocks are plunging at least 20 percent: Ned Davis Research from CNBC. via CNBC: The wild trading that’s gripped Wall Street may be no ordinary correction. According to Ned Davis Research’s Ed Clissold, a bear …
There’s no chance that the markets can sustain more of these losses. It’s simply not able to deal with this level of punishment. Stocks have been highly erratic in 2018, which has clearly been demonstrated in October and November. Stock …
via @pattidomm Stocks are set up to test recent lows in the week ahead, coming off one of the worst weeks of selling this year. The S&P 500 was just 2 points above its November low, a key technical area, and …
via Sarah Ponczek How bad has the start to December been for U.S. stock investors? Almost $1 trillion has been wiped from the value of stocks in just four days of trading. The Russell 3000 has plunged 4.9 percent this week …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter FANGMAN down 10.4% for the week, down $1.12 trillion from peak. Apple plunges. This week was ugly for stocks in its own right, but it was particularly ugly because there was a major – and briefly …
by WARREN MOSLER A falling stock market will get the Fed’s attention and trigger real economic weakness and aggressive rate cuts. But those rate cuts remove interest income from the macro economy, which doesn’t recover until after net deficit spending …
by Troy Our new Macro Investing Index is described as: As we’ve demonstrated repeatedly here at Bull Markets, leading economic indicators are also long term leading indicators for the stock market because the stock market and the economy move in …
It would be nice to write the market’s convulsions off to liquidity failures, or tariffs, the Federal Reserve or tech valuations. But for the people living through these swings on trading desks, none of those explanations does the trick — and …
Tuesday drop for Dow and S&P biggest since Oct. 10 from CNBC. via CNBC: A bear market — an index decline of 20 percent or more from recent highs — would alter consumer behavior, argues Bleakley’s Peter Boockvar. The last …
by NaturalHedgehog Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging! Below are …
by Kimble Charting Are stocks receiving another dire warning, similar to the message received in 2000 & 2007? Very possible! This chart looks at the yield on the 10-year yield, inverted. This chart now resembles bond prices. The inverted yield has remained …
via CNBC: The tech-heavy Nasdaq Composite index fell nearly 4 percent. The losses extend pain periods for Apple and Facebook. Amazon and Netflix are each up more than 40 percent year-to-date and getting caught in the rout. Tech stocks are back …
by Vitaliy N. Katsenelson The Roman philosopher Seneca wasn’t talking about the stock market when he wrote that “Time discovers truth,”but he could have been. In the long run a stock price will reflect a company’s (true) intrinsic value. In the …
by Michael Snyder Stocks aren’t supposed to crash in December. Most of the time we see a nice “Santa Claus rally” to close out the year, and so what happened on Tuesday is definitely extremely unusual. The Dow Jones Industrial …
BY ROBERT ROSS I don’t blame you. The yields on energy master limited partnerships (MLPs) are very tempting. If you’re not sure what these are, energy MLPs are companies that own the pipelines that transport oil and natural gas around the US. And …
2018 is the first year since Dot Com bust where "BTFD" has failed pic.twitter.com/vaGKmrdI9a — Alastair (@StockBoardAsset) December 4, 2018 https://twitter.com/OccupyWisdom/status/1069990045925470208 pic.twitter.com/k5F1aTaqTV — Alastair (@StockBoardAsset) December 4, 2018 Yesterday's U.S. yield-curve inversions do not appear to be a fluke, as …
by NaturalHedgehog Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging! Below are …
by Troy The economy and stock market move in the same direction in the medium-long term. Hence, leading economic indicators are also leading indicators for the stock market. Thoughts Inflation-adjusted personal consumption expenditures are trending sideways. Suggests that the current decline is …
NYT: GE, Tesla, Snapchat, under accounting investigations Companies that lag their peers sometimes cut accounting corners to make themselves appear stronger than they really are. But is the risk of getting caught worth it? The recent news that the Justice …
by Troy The S&P 500 is sitting right under its 200 day moving average right now. The stock market is demonstrating various late-cycle signs. These late-cycle signs are not immediately long term bearish, but it demonstrates that the long term …
by Troy The U.S. economy is starting to deteriorate, which is what typically happens in the last year of a bull market. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of …
by Troy Well that was quick. Less than 2 months ago Fed chairman Powell said that interest rates were “far below neutral” (implying that rates needed to be hiked much more). After the stock market has fallen 10%, Powell now …
Do you think the Fed will increase interest rates in December? Yes or No? FANG stocks fell into a bear market. GE stock as well. Banks are completely destroyed, desperately hiding their contagion risk. But he market is ignoring all …
by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DsvCoreUcAA1AIE.jpg FANG got wrecked this year – so far. Facebook, Amazon, Netflix, and Google parent Alphabet plummeted during 2018, compounding weakness that has plagued the broader tech space. At least one of those names could …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Total US business debt has surged to $32 trillion, three times as big as household mortgage debt, and over twice as big as total household debt. In 2008, the $10 trillion in mortgage debt was one …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It was an ugly Monday and Tuesday followed by a Wednesday that at first look like a real bounce but ended with the indices giving up their gains. This was followed, mercifully, by Thursday when markets …
Economic weakness is spreading from one asset to another. Finger pointing has begun and it’s going to become more heated as things get worse. Housing is being built at a record pace even though inventory is building up. Funds are …
via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. What goes up, must come down. Over recent years, there hasn’t been a safer bet than big tech – specifically the FAANG stocks, which include Facebook, Apple, Amazon, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bloodletting beneath the surface. Big names too. Here they are. It’s barely a correction, technically speaking, with the S&P 500 down 9.9% from its all-time closing high, the Dow down 9.2%, the Nasdaq down 14%, and …