Here is The Intra-Week Update That Was Sent on Wednesday – The EXACT Low of the week. Market Update: Barring another wave of massive selling, it appears the market is trying to put in a near term low today and it looks like stocks are ready to bounce from their deeply oversold levels. So far,…
The major indexes nearly reached bear territory before soaring. By: VITO J. RACANELLI January 23, 2016 Stocks finished more than 1% higher last week, but not before investors were treated to the market’s version of the Coney Island Cyclone, a ride equal parts thrilling and frightening. The scary nadir was reached Wednesday, when the two major…
Published: Jan 22, 2016 5:13 p.m. They’ll be crystal clear only in hindsight. After getting off to the worst start to a new calendar year in history, U.S. stocks on Friday finally posted the first winning week of 2016. So did stocks bottom or is this just a bounce within a bigger pullback that could…
Stocks Bounce After The Dalio Low It was another wild week on Wall Street as A near term low was put in on Wednesday. The operative word is A, not THE, near term low. I’m calling last week’s low “The Dalio low” because legendary investor Ray Dalio went on TV last Wednesday (the exact low of…
Ask Your Portfolio Manager: What Are You Going To Do In The Next Bear Market? If You Don’t Like The Answer, Get In Touch Now Stocks Mauled On Global Recession Fears Markets across the globe plunged last week which reiterates our cautious stance. As a quick refresher, we first turned cautious last summer – BEFORE the big…
ON 01/15/16 AT 9:42 AM BY ANGELO YOUNG This story was updated at 11:00 a.m. EST. U.S. stocks opened sharply lower Friday in a rocky final trading session of the week as both Chinese stocks and oil prices plunged, heightening concerns that a global recession is underway that could spill into the U.S. economy. U.S….
Markets | Fri Jan 15, 2016 10:20am EST Wall Street sank on Friday morning, with the Nasdaq hitting its lowest since Aug. 24 and the Dow plunging nearly 400 points, as oil prices dived below $30 per barrel. The sell-off was broad, with all 10 major S&P sectors in the red and all 30 Dow…
Wednesday Jan 13, 2016 4:00pm EST U.S. stocks closed sharply lower Wednesday, pressured by low oil prices, as concerns about global economic slowdown weighed ahead of major earnings reports. The S&P 500 closed down 2.5 percent, ending below the psychologically key 1,900 level for the first time since Sept. 29. The index fell below that level…
The Most Important Question to Ask Your Advisor In 2016: What Are You Going To Do In The Next Bear Market? If You Don’t Like The Answer, Get In Touch Now Stocks Mauled On Global Recession Fears In our intra-week note we wrote, “Allow us to be clear, the major indices are in the process of topping…
* Private employers add more jobs than expected in Dec – ADP * Apple briefly dips below $100 * Indexes down: Dow 1.8 pct, S&P 1.6 pct, Nasdaq 1.6 pct (Updates to late afternoon) By Caroline Valetkevitch Jan 6, 2016 U.S. stocks extended losses in late trading on Wednesday as energy shares dropped with oil…