No One Can Agree on Where The Stock Market Will Be in Six Months

When it comes to the future of the stock market, investors’ predictions are all over the map. When asked where the S&P 500 Index would end the year, a fifth of respondents to a survey conducted by DataTrek Research said the benchmark will close out 2020 up more than 10% from current levels. That’s roughly […]

Volatility Is the Only Sure Thing in Stocks These Days

The emotional cost of holding stocks is rising again. Gut-check days are piling up, even in a market that is about to end June roughly where it began. Add two more selloffs this week — $800 billion tumbles on Wednesday and Friday that brought the number of days the S&P 500 has swung 2% or […]

Stocks’ Covid Angst Takes Violent Turn After Simmering for Days

First the animal spirits left the building. Now everyone’s heading for the exit in the stock market. It’s a story that has been brewing under the surface for days: simmering skepticism that the coronavirus crisis was anywhere near under control. Conspicuously, starting a couple weeks ago, automated tech stocks were back on top — a […]

Just One Milestone Left for S&P 500: Erasing the Pandemic Rout

In this article On the day record-keepers declared the U.S. is in recession, the S&P 500 powered past its level at the end of 2019, making whole anyone who has held stocks all year. Only one goal is left for the main benchmark for American equities: its record high from before the pandemic landed. Just […]

Strategists Left in Dust With Targets Trailing S&P 500 by Most Ever

In this article For another illustration of the power of the equity rally, look at where the market stands now relative to forecasts from Wall Street’s best and brightest minds. After three weeks of gains that are on the verge of erasing its loss for the year, the S&P 500 is approaching 3,200, sitting 9% […]

There Isn’t a Single Down Stock in the S&P Over Last 10 Weeks

Here’s something to consider with the S&P 500 on the verge of erasing all its 2020 losses: Ever since the benchmark bottomed in March, every single one of its members has posted a positive return. Some, as always, will say the feat sends a negative signal — that every company is moving together and once […]

Five Things You Need to Know to Start Your Day

Want to receive this post in your inbox every morning? Sign up here Markets bounce, virus measures tighten, and Mnuchin asks Congress to hurry. Here are some of the things people in markets are talking about today.  A little risk on After yesterday’s relatively calm day in U.S. markets — by recent standards anyway — global markets are moving higher […]

Five Things You Need to Know to Start Your Day

Want to receive this post in your inbox every morning? Sign up here Stocks stabilize, Italy closes down, and Saudi Arabia opens the taps. Here are some of the things people in markets are talking about today. Bounce Stocks around the world are rising the day after the deepest rout since the great financial crisis. Overnight Japan’s Topix index closed higher […]

Punch-Drunk Traders Focus Simply on ‘Survival, Not Returns’

Whatever happens in Friday trading, however this week and month closes out, two things are certain in global markets: The scale of February’s moves have few precedents, and everyone involved is going to have stories to tell. The S&P 500 Index is heading for a seventh day of declines, which would be the longest losing […]