1. Wall Street’s losing streaks are causing stock futures to rise, boosting stocks Traders in New York City work on the New York Stock Exchange floor on May 18, 20,22. Spencer Platt | Getty Images The morning following the publication of the key earnings report by semiconductor giant, U.S. stock options rose Thursday Nvidia. The […]
These are the top news, trends, and analyses that traders need in order to get started with trading. 1. Nasdaq futures fell after the tech-heavy index dropped more than 2.2% Traders in the NYSE Floor, May 23, 2022. Source: NYSE U.S. stock futuresTuesday, one day following the NasdaqAs of 2.4% SnapMany other tech stocks fell […]
Professor of Finance at Wharton School, Jeremy Siegel, said Tuesday that market strength is now within 5%. Inflation has been replaced by company earnings reports as the major driver of market weakness. “The market was at its lowest point in the first three and a half months, or four months, of 2012,” said Jeremy Siegel, […]
MKM Partners’ JCO’Hara says don’t be surprised if the market decline continues. The S & P 500 has fallen more than 17% in 2022 and is riding a seven-week losing streak — its longest since 2001. The Dow Jones Industrial Average , meanwhile, posted its longest weekly losing streak since 1923 — falling for an […]
These are the top news, trends, and analyses that traders need in order to get started with trading. 1. S&P 500 set to open higher after narrowly avoiding a bear market close Traders at the NYSE May 20, 2022 Source: NYSE Dow futuresThe Monday rally saw a 350 point increase in the stock market 30-stock […]
The outlook of three analysts on tech is shared by one, who said it was ready for an aggressive rally while another named some interesting stocks within the sector. Chris Watling of Longview Economics is chief executive. On Wednesday, he said to CNBC’s Street Signs Europe that “all we need is some good news from […]
SINGAPORE — Shares in the Asia-Pacific region were poised to open mixed on Monday as global concerns continue to plague markets. The Nikkei futures contract for Japan was 26920 in Chicago, and its counterpart was in Osaka at 26750. These are the Nikkei 225Closed at 26739.03 Friday Australia’s SPI futures stood at 7,129. This was […]
Traders on NYSE: May 20, 2022 Source: NYSE Overnight trading on Sunday saw stock futures rise following a decline in the Dow Jones Industrial Average for the 8th consecutive week. This was amid an overall market selloff. The Dow industrial average futures gained 170 points or 0.57%. S&P 500 futures added 0.7% and Nasdaq 100 […]
This past week saw some very grim milestones in the stock market’s relentless decline. The S & P 500 briefly dipped on Friday into bear market territory, trading more than 20% below its January intraday record. A bear market is not officially recognized, and investors may debate whether they are currently in one. Many on […]
These are the top news, trends, and analyses that traders need in order to get started with trading. 1. Stock futures rise after S&P 500 closes on brink of a bear market Traders operate on the New York Stock Exchange (NYSE), in Manhattan. New York City. U.S.A, May 19, 2022. Reuters| Reuters U.S. stock futuresOne […]