Based on a hint we got earlier this year, there are certain names that could rise if the Federal Reserve indicates on Wednesday that it may slow tightening. The central bank is expected to raise interest rates by three quarters of a percentage point on Wednesday in an attempt to tame inflation. That’s what Chairman … Read more
Billionaire investor Leon Cooperman warned that the final bottom of the stock market is yet to come as the economy is poised to hit a recession next year. The chairman and CEO of Omega Family Office said the market is in a seasonally strong period, but an unfavorable macro environment — the Federal Reserve’s aggressive … Read more
Downbeat stocks could be the big beneficiaries of a potential Federal Reserve-fueled rally this week. The market has already priced in the likelihood of a 75 basis point rate hike from the central bank, which began its two-day meeting on Tuesday. It would be the Fed’s fourth consecutive 0.75 percentage point increase in its campaign … Read more
U.S. stock futures also rose after the Dow Jones Industrial Average closed October with its best monthly gain since 1976
After the stock market surge in October, investors are debating whether stocks have bottomed out or whether this is another short-lived rally. Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, is in the latter camp and argues that the rally once again looks temporary. “I think this is going to play out … Read more
More than a quarter of the companies in the 30-stock Dow are club teams. That’s how they fared in October, when the average rose almost 14%.
Photo taken on March 1, 2022 shows monitors showing stock market information at the New York Stock Exchange in New York, United States. US stocks fell sharply on Tuesday as investors nervously monitored the military conflict between Russia and Ukraine. The Dow Jones Industrial Average fell 597.65 points, or 1.76 percent, to 33,294.95. The S&P … Read more
Stocks are entering what is often the most favorable time of the year. Still, Big Tech names may continue to lag, while small caps and value may lead. For October, the Dow Jones Industrial Average is set to close its best month since 1976, outperforming the technology-driven Nasdaq Composite at the fastest pace in history, … Read more
Den sidste uge bød på en fortælling om to markeder, hvor stigninger for Dow Jones Industrial Average satte blue-chip-måleren på sporet til dens bedste oktober nogensinde, mens Big Tech-sværvægtere led en shellacking, der fik markedsveteraner til at huske dot-com-busten i begyndelsen af 2000’erne. “Du har et tovtrækkeri,” sagde Dan Suzuki, stedfortrædende investeringsdirektør hos Richard Bernstein … Read more
Stocks are set to exit October with a tail wind but will immediately face a Federal Reserve meeting in the first days of November that could help decide the course of trading for the rest of the year. The Fed is widely expected to raise its target fed funds rate by three-quarters of a point … Read more