* Consumer confidence expected to dip in Sept * Goldman expects 2015 sales growth for S&P 500 cos to shrink * Futures up: Dow 36 pts, S&P 7.25 pts, Nasdaq 16.5 pts (Adds quote, updates prices) By Abhiram Nandakumar and Sweta Singh Sept 29 (Reuters) – U.S. stocks looked set to open higher on Tuesday…
U.S. stocks closed sharply lower Monday as uncertainty about the timing of a rate hike and concerns about global economic growth continued to weigh on sentiment. ( Tweet This ) The S&P 500 closed down about 2.5 percent, falling below the psychologically key level of 1,900 for the first time since Aug. 26. Health care…
Sideways Action Continues…For Now Stocks fell last week as the major indices continue to move sideways to consolidate their very sharp late-August sell-off. The longer the major indices spend below their important 50 and 200 DMA lines, the weaker the market gets. A new downtrend began when the S&P 500 sliced below 2040 on August 20, 2015….
We are here to help you make better investment decisions, not bash the Fed (or anyone else for that matter). For years, we have argued that policy makers look at markets first and everything else second. The Fed’s Third Mandate: Markets Everyone wants us to believe that the Fed has a dual mandate: Help…
By Evelyn Cheng at 4pm EST on Wed 9.23.15 U.S. stocks closed mildly lower Wednesday in light volume trade as investors eyed oil and commodity prices, amid weak manufacturing China data. ( Tweet This ) “We’ve been bouncing around all day. We’ve been going up and down with energy prices,” said Art Hogan, chief market…
11:08 EST: U.S. stocks traded sharply lower Tuesday, pressured by continued anxiety over slowing global growth following the Federal Reserve’s decision to keep rates unchanged. The Dow Jones industrial lost more than 250 points as the major averages declined more than 1.5 percent, with the Nasdaq composite joining the other major averages in negative territory…
How To Find Leading Stocks During Corrections… Our longstanding readers know that one of our favorite ways to make money on Wall Street is to find and own leading stocks. We keep things simple and define leadership by looking at the strongest performing stocks in the market at any given time. Why? Because, by definition,…
Bears Are Getting Stronger Stocks sold off hard after the Fed blinked and held rates at zero last week. For months, we have outlined our thoughts as to why didn’t think the Fed would raise rates Most recently, last week we penned a piece citing 10 reasons why the Fed will not raise rates). Going forward, we…
SEP 17, 2015 @ 04:31 PM A few people on the Street thought that China did not matter to the Fed’s rate decision this month. It looks like China mattered more to chairwoman Janet Yellin than most people anticipated. While the market expected the Fed to keep rates steady on Thursday, China’s slowdown adding to…
U.S. stocks closed more than half a percent higher Wednesday as investors eyed a jump in oil prices and looked ahead to the Federal Reserve’s decision on a rate hike. “It’s all about waiting for tomorrow. Right now you’re seeing the market being positive. The consensus is the Fed is not going to do anything,”…