Keyword: stockmarket

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  • History Predicts How Bad The Post-Brexit Market Volatility Will Get

    06/28/2016 4:27:45 AM PDT · by expat_panama · 42 replies
    Investors Business Daily ^ | June 272, 2016 | PAUL KATZEFF
    How long will the Brexit meltdown continue? How far will the market fall? It's impossible to say for sure, of course. But if history is any guide, then you should expect about a month of market weakness and nearly an 11% decline before the next upturn. WPERS_01_062716This could help guide any post-Brexit investment moves you're weighing. Friday's 3.6% tumble in the market -- measured by the S&P 500 -- jibed closely with the 3.5% average first-day market decline sparked by all sorts of shocking stock market news since World War II. That includes bombings and assassinations, according to a Monday...
  • Dow Futures Down 900 Points From Pre-Brexit Highs, Plunge Below Friday's Crash Lows

    06/26/2016 6:40:25 PM PDT · by Helicondelta · 92 replies
    zerohedge.com ^ | June 26, 2016 | by Tyler Durden
    US equity futures are tumbling at the open following Cable and USDJPY's dive. Dow futures dropped 100 points (down 900 points from pre-Brexit highs) and broke below Friday's early crash lows... Do not worry though, The IMF is on it...
  • Pound Plummets To New Lows; British Banks Halted After Crashing

    06/27/2016 4:22:34 AM PDT · by Helicondelta · 43 replies
    zerohedge.com ^ | June 27, 2016
    After a modestly stronger open, which saw sterling rebound to just under 1.35, the British currency has taken another sharp leg lower in recent trading tumbling another 3%, to a low of 1.3224 - taking out Friday's post-vote lows when the currency plunged over 8% - and dropping to fresh 31 year lows, as it remains under heavy selling pressure as of this moment.
  • Jim Rogers on Brexit: 'Worse than any bear market you’ve seen in your lifetime'

    06/27/2016 10:55:41 AM PDT · by GilGil · 80 replies
    Yahoo ^ | 6/27/2016 | Lawrence Lewitinn
    The UK's decision to leave the European Union will lead to an economic crisis more severe than what the world faced in 2008, according to legendary investor Jim Rogers, chairman of Rogers Holdings. “This is going to be worse than any bear market you’ve seen in your lifetime,” he said on Yahoo finance’s “Market Movers” program Monday. “2008 was bad because of debt. The debt all over the world is much, much higher now. Stocks in the US, for instance, have been going sideways for 18 months to 24 months. That’s called a distribution by many people. When you have...
  • Dow falls 650 points; financials tracking for worst day since 2011

    06/24/2016 12:33:40 PM PDT · by dragnet2 · 64 replies
    http://www.cnbc.com/2016/06/24/us-markets.html ^ | 6/24/2016 | Dow falls 650 points; financials tracking for worst day since 2011 Evelyn Cheng
    Just wait until EU member countries start falling like dominoes.
  • How Brexit Will Affect Americans [tr]

    06/24/2016 8:17:02 AM PDT · by Albion Wilde · 33 replies
    DailyMail ^ | 6/24/16 | Kiri Blakeley
    Full title: How Brexit Will Affect Americans: Cheaper travel to the UK and Europe, lower mortgage rates - but a very bumpy stock market ride • Americans can expect an extremely bumpy stock market ride • They can also look forward to cheaper travel to Europe and Britain • Experts are concerned that counterterrorism efforts in Europe will [wane] The first noticeable difference the vote made was to plunge the British pound to a 30-year low. Currently, it will only cost $1.34 to get one pound. And the U.S. dollar could continue to strengthen. That's good news for Americans looking...
  • Markets around the world start freaking out

    06/23/2016 8:22:28 PM PDT · by Berlin_Freeper · 93 replies
    cnn.com ^ | June 23, 2016 | CNN
    With investors on razor's edge, markets around the world turned sharply negative as initial results from the British referendum on European Union membership showed a nail-bitingly close vote. The pound plunged to its lowest level since 1985 as results gave a narrow lead to the Leave campaign. Amid volatile trading, the British currency sank below $1.35 after earlier touching $1.50.
  • Brexit: Global markets stunned as UK is set to leave European Union

    06/23/2016 9:56:08 PM PDT · by NRx · 103 replies
    CNBC ^ | 06-24-2016 | Holly Ellyatt
    Markets around the world have been roiled by the shock result: In Japan the Nikkei 225 was down some 7.5 percentSterling has fallen 10 percent against the dollar and 3.35 percent against the euro.The prices of Brent and WTI have both dropped some 5.8 percent.The yield on the 10-year U.S. Treasury bond has fallen 12.5 percent.Dow futures now down 700 points
  • Investors fearing ‘summer shocks’ are hoarding the most cash since 2001

    06/20/2016 3:48:27 AM PDT · by expat_panama · 8 replies
    Market Watch ^ | June 18, 2016 | Sue Chang
    The last time fund managers hoarded this much cash, the Arizona Diamondbacks defeated the New York Yankees 4 to 3 to win the World Series. Today the Diamondbacks and the Yankees are struggling in their respective divisions, and by the amount of cash investors are stocking away, one might think that they fear the global markets are melting down too. Cash positions rose to 5.7% in June from 5.5% in May, the highest level since November 2001... Worries about “‘summer of shocks” stemming from Brexit...   ...prompting managers to stock pile cash... What do you consider the biggest ‘tail risk’? Bank...
  • Bill Gross: $10 trillion negative yield 'supernova' will 'explode'

    06/10/2016 12:14:17 PM PDT · by BenLurkin · 15 replies
    CNBC ^ | 06/10/2016 | Jeff Cox
    Bond guru Bill Gross believes the growing global move toward negative yields will have dire consequences. In a tweet from his firm, Janus Capital, Gross goes back half a millennium to assert that the current situation with the world's debt market is unprecedented and dangerous: The warning comes as yields on Japanese government bonds and German bunds hit record lows.
  • A Bearish George Soros Is Trading Again

    06/08/2016 5:41:38 PM PDT · by Ernest_at_the_Beach · 26 replies
    wsj.com ^ | Updated June 8, 2016 8:03 p.m. ET | By Gregory Zuckerman
    Billionaire investor sees opportunities to profit from various economic and political issues afflicting the world****************************************Getty Photo************************************ George Soros’s worldview has darkened over the past six months amid escalating economic and political issues in China, Europe and elsewhere. Photo: Eric Piermont/Agence France-Presse/Getty Images *******************************************After a long hiatus, George Soros has returned to trading, lured by opportunities to profit from what he sees as coming economic troubles.Worried about the outlook for the global economy and concerned that large market shifts may be at hand, the billionaire hedge-fund founder and philanthropist recently directed a series of big, bearish investments, according to people close...
  • Good News for Bulls: All Those Open Gaps Below Will Never Get Filled

    06/10/2016 8:53:05 AM PDT · by Lorianne · 11 replies
    Of Two Minds ^ | 07 June 2016 | Charles Hugh Smith
    By making the stock market the only game in town, the Powers That Be can no longer afford to let it decline for any reason. Market technicians have long observed that the holes in charts left when markets gap up or down at the open of trading almost inevitably get filled later on. When the market gaps down, it will eventually rise to fill that gap. When the market gaps up, it will eventually decline to fill that open gap. Since there are open gaps galore lurking in the lower depths of the S&P 500's chart, that would typically suggest...
  • OK, Trump Will Win, So What Stocks Would Be Best To Invest In

    06/02/2016 9:33:22 AM PDT · by OneVike · 96 replies
    6/12/16 | OneVike
    As a hardcore Cruz supporter, I still wish he was our nominee, but he's not. I have said for over a year that regardless of who the nominee is, the Republicans will win the election come November. Now I agree that anything can change over the long hot Summer, but for now it looks like Trump will not just win, but he will will probably win in a landslide we have not seen since Renaldo Maximus won in 1980 & 84. As usual, when a market economy candidate replaces a socialist Big Government commie in the White House, the economy...
  • The coming debt bust [China’s financial system]

    05/21/2016 6:38:20 PM PDT · by TigerLikesRooster · 21 replies
    Economist ^ | May 7th 2016
    China’s financial system The coming debt bust It is a question of when, not if, real trouble will hit in China May 7th 2016 | From the print edition Timekeeper CHINA was right to turn on the credit taps to prop up growth after the global financial crisis. It was wrong not to turn them off again. The country’s debt has increased just as quickly over the past two years as in the two years after the 2008 crunch. Its debt-to-GDP ratio has soared from 150% to nearly 260% over a decade, the kind of surge that is usually followed...
  • Dow, S&P post first 3-week losing streak since January

    05/13/2016 5:05:40 PM PDT · by John W · 3 replies
    cnbc.com ^ | May 13, 2016 | Evelyn Cheng
    U.S. stocks closed lower Friday, with the Dow Jones industrial average and S&P 500 closing below their 50-day moving averages and posting their first three-week losing streak since January. "I think the market's just gotten extended relative to earnings. This week just had those disappointing retail numbers out of the malls and that has led to a fairly broad sell-off. Most of them have done quite poorly," said Bernie Williams, chief investment officer, USAA Investment Solutions. Consumer discretionary was the fifth-worst decliner, falling more than 1 percent to erase year-to-date gains and joining tech, health care and financials as the...
  • Fed may need more powers to support securities firms during crises: Dudley

    05/08/2016 6:45:20 PM PDT · by Lorianne · 31 replies
    Reuters ^ | 01 May 2016 | Lindsay Dunsmuir
    The U.S. Federal Reserve may need more powers to provide emergency funding to securities firms in times of extreme stress in order to deal with a liquidity crunch, New York Federal Reserve President William Dudley said on Sunday. "Providing these firms with access to the discount window might be worth exploring," Dudley said in prepared remarks at a financial markets conference in Amelia Island, Florida organized by the Atlanta Fed. The discount window is a credit facility through which banks borrow directly from the U.S. central bank in order to cope with liquidity shortages. The Fed currently has limited ability...
  • America's earnings recession just got worse

    04/28/2016 6:42:39 AM PDT · by Lorianne · 13 replies
    CNN ^ | 27 April 2016 | Patrick Gillespie
    Weak global growth is closing consumers' wallets, while the strong dollar is only making iPhones and other American goods more expensive for foreign buyers. Add on still-low oil prices and Corporate America is facing major headwinds. "It's like these companies are trying to play basketball but the tar is melting and sticking to their sneaks. Not fun to watch," says Jack Kramer, co-founder of MarketSnacks, a financial newsletter. Apple's stock quickly fell more than 7% when markets opened Wednesday after it revealed its first annual sales growth decline since 2003. Reeling from its E. coli scare late last year, Chipotle...
  • US advance Q1 GDP up 0.5% vs. 0.7% expected (PATHETIC!)

    04/28/2016 5:54:35 AM PDT · by BradtotheBone · 26 replies
    CNBC.Com ^ | April 28, 2016 | Luke Sharrett
    U.S. economic growth braked sharply to its slowest pace in two years as consumer spending softened and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labor market. Gross domestic product increased at a 0.5 percent annual rate, the slowest since the first quarter of 2014, the Labor Department said on Thursday in its advance estimate, also as businesses doubled down on efforts to reduce unwanted merchandise clogging up warehouses. The economy was also blindsided by cheap oil, which has hurt the profits of oil field companies like Schlumberger and Halliburton, resulting...
  • In Shocking Finding, The Bank Of Japan Is Now A Top 10 Holder In 90% Of Japanese Stocks

    04/25/2016 5:27:38 AM PDT · by Former Proud Canadian · 9 replies
    Zerhedge ^ | April 25, 2016 | Tyler Durden
    ...snip... While the Bank of Japan’s name is nowhere to be found in regulatory filings on major stock investors, the monetary authority’s exchange-traded fund purchases have made it a top 10 shareholder in about 90 percent of the Nikkei 225 Stock Average, according to estimates compiled by Bloomberg from public data. It’s now a major owner of more Japanese blue-chips than both BlackRock Inc., the world’s largest money manager, and Vanguard Group, which oversees more than $3 trillion. ...snip... Furthermore, recall what we have been saying ever since 2010, namely that central banks are nothing more than glorified risk-free hedge...
  • Here's What's Keeping the Stock Market Up [BUYBACKS]

    04/26/2016 4:11:28 AM PDT · by expat_panama · 36 replies
    Fortune ^ | April 25, 2016 | Lucinda Shen
    Most people assume what has kept the market afloat this year after sinking 11% at the start of the year was a mixture of better news out of China, oil prices stabilizing, and indications that the Fed won’t raise rates as much as thought. But the real thing bouying the market could be something else: Stock buybacks. “Corporate repurchases are the main source of net demand for US stocks,” a team of Goldman Sachs analysts led by David Kostin noted in report out on Friday. Demand stemming from stock buybacks will help push up share prices—boosting the S&P 500 to...
  • Trump and Cruz predict stock market crash

    04/15/2016 11:31:37 AM PDT · by Reeses · 46 replies
    CNN Money ^ | April 15, 2016 | Heather Long
    The two leading Republican candidates for president warn the U.S. stock market is trading at an alarming level. On Friday, Ted Cruz predicted a stock market "crash will be coming." Donald Trump calls it a "terrible time" to invest. "We're in a bubble right now," Trump says. It's a high degree of fear from a party that is normally viewed as pro-business and pro Wall Street. Trump recently told The Washington Post that America is on track for a "very massive recession."
  • NYT Best-Selling Author Predicts Significant Stock Market Decline in 2016

    04/15/2016 12:51:36 PM PDT · by Innovative · 30 replies
    Fox Business ^ | March 28, 2016 | Fox Business
    Indeed, thanks to a number of global pressures including fears of a worldwide economic slowdown, Wall Street saw the worst-ever 10-day start to a year in January. The major averages saw steep declines that sent the Dow Jones Industrial Average and the Nasdaq Composite into correction territory. However, Wall Street has managed to claw back from steep year-to-date losses – with the Dow back in positive territory for the period -- as U.S. economic data show the domestic economy remains on the path to recovery and the Federal Reserve continues to hint more rate hikes are in store for the...
  • Lost Faith In Central Banks And The Economic End Game

    04/08/2016 3:38:14 AM PDT · by SkyPilot · 5 replies
    Alt-Market ^ | 6 Apr 16 | Brandon Smith
    We live in strange economic times, stranger perhaps than at any other point in history. Since 2007-2008, the globally intertwined and dependent fiscal system has suffered considerable declines in every conceivable area. Manufacturing around the world is in a slump, from Japan to China to Europe, with the minimal manufacturing accomplished in the U.S. also fading. Consumption is falling, most notably in petroleum and raw materials. Employment is truly dismal, with the U.S. posting over 94 million people as “non-participants” in the national work force. High paying jobs are disappearing, and the only jobs replacing them are in the...
  • The Fed, the Dollar, and Oil

    03/23/2016 5:03:26 AM PDT · by expat_panama · 10 replies
    financial sense ^ | 03/22/2016 | Matthew Kerkhoff
    Five consecutive weeks of gains makes it hard to argue that we’re in a bear market. While it may not seem like much has changed since the markets last swooned, a few key developments remain supportive of stock prices.In particular, a shifted stance on monetary policy, change in the trajectory of the dollar, and recovery in oil prices have turned sellers into buyers.The Fed Last Wednesday the Federal Reserve confirmed what many had anticipated going into the latest FOMC meeting: that the Fed would have to back off of its four-rate-hike plan for 2016.For some time now, the Fed’s...
  • Market calm has eerie parallels to pre-swoon August

    03/24/2016 5:58:20 PM PDT · by SkyPilot · 10 replies
    CNBC ^ | 24 Mar 16 | Alex Rosenberg
    Stocks haven't done much in a while. Wednesday marked the eight-straight day that the S&P 500 had closed less than 1 percent above or below its prior closing price. Ominously, the last time the market staged this long a period of quiescence was in early August — shortly before stocks took a gut-wrenching tumble. Now, as then, "we are at a precarious position," Erin Gibbs of S&P Investment Advisory said Wednesday on CNBC's "Trading Nation." "We're trading at fairly high valuation and earnings growth doesn't look that good, so any big shocks — disappointment from China, any movement from the...
  • Americans Think the Stock Market Will Soar Under President Donald Trump

    03/22/2016 1:49:12 PM PDT · by drewh · 39 replies
    Forbes ^ | MARCH 22, 2016, 3:18 PM EDT | Chris Matthews
    In a survey conducted of 2,001 registered voters by media and polling company and Fortune partner Morning Consult, 70% of those questioned said that the country has “gotten off on the wrong track.” And when asked about the issue most important to them in the upcoming election, 37% said the economy, well ahead of the next most important issue, security, which was most important for just 17% of voters. So who do Americans think can get the economy back on the right track? Donald Trump, if their expectations for the stock market are any guide. According to the Fortune-Morning Consult...
  • Hillary Clinton Is Bad for Stocks and the Economy

    03/22/2016 5:06:24 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | March 22, 2016 | Stephen Moore
    In a supremely weird election season the latest weird twist is the consensus emerging on Wall Street that Hillary Clinton would be better for financial markets than Donald Trump. The usually sensible Barrons magazine concluded in its cover story last week that Hillary-onomics are better for investors than Trump. Warren Buffett and other stock gurus have made the same case. The argument for Clinton is that she's predictable and that Wall Street knows what she will do. Trump, by contrast, is the high beta candidate, and let's face it: No one knows exactly what you get with a President...
  • I Believe a Broadening Market Top Is In Place

    03/16/2016 5:08:54 AM PDT · by expat_panama · 3 replies
    Real Clear Markets ^ | March 16, 2016 | Doug Kass
    "Can I get an amen?" -- Reverend LeRoy, The Church of What's Happening Now, The Flip Wilson Show As I've previously noted, I believe a broadening and important market top is in place, and that a relatively meaningful portion of stocks' daily moves are exaggerated by gamma hedging, risk parity and other quant strategies. If I'm correct, buying on strength in an attempt to sell on more strength isn't advisable -- and it's certainly not the route that I'm taking in today's market. Let's look at why: Fundamentals I remain cautious on a market that's characterized by: * Wobbly fundamentals...
  • Foreign governments dump U.S. debt at record rate

    03/16/2016 4:26:38 PM PDT · by SkyPilot · 18 replies
    CNN ^ | 16 March 16 | Matt Egan
    In a bid to raise cash, foreign central banks and government institutions sold $57.2 billion of U.S. Treasury debt and other notes in January, according to figures released on Tuesday. That is up from $48 billion in December and the highest monthly tally on record going back to 1978. It's part of a broader trend that gathered steam last year when central banks sold a record $225 billion of U.S. debt. "Foreigners have no longer been our BFF when it comes to buying U.S. Treasuries," Peter Boockvar, chief market analyst at The Lindsey Group, wrote in a client note. So...
  • Higher Stock Prices, Home Values Lift US Household Wealth

    03/10/2016 6:27:38 PM PST · by Citizen Zed · 14 replies
    abc news ^ | 3-10-2016 | CHRISTOPHER S. RUGABER, AP ECONOMICS WRITER
    <p>The Federal Reserve said Thursday that U.S. household net worth increased 1.9 percent in the fourth quarter to $86.8 trillion, up from $85.2 trillion in the third quarter. Americans' stock and mutual fund portfolios grew $758 billion. Home values rose $458 billion.</p>
  • Oil crash taking stocks down ... again

    02/11/2016 9:57:35 AM PST · by Signalman · 18 replies
    cnnmoney ^ | 2/11/2016 | Charles Riley
    U.S. crude futures dropped as much as 5% on Thursday, driving prices below $27 for the second time in recent weeks. Before this year, oil prices hadn't dipped below $27 since 2003. The steady decline is creating a widespread headache for financial markets. It's causing energy companies' profits to plunge, raising worries about the prospect of bankruptcies in the oil sector and spooking investors about global growth. In total, crude oil has plunged an incredible 75% from its June 2014 peak of almost $108. U.S. stock markets followed by declining sharply. The Dow fell as much as 350 points and...
  • Forget oil stocks. Banks are killing your portfolio

    02/05/2016 6:15:44 AM PST · by Citizen Zed · 4 replies
    cnn ^ | 2-5-2016 | Ivana Kottasova
    Shares in some of the world's biggest banks are plunging. Financial stocks in the S&P 500 are down more than 11% so far this year. That's worse than oil, energy stocks, and even the emerging markets index. European banks have fallen even further. Deutsche Bank (DB) has lost 31% so far this year, Unicredit (UNCFF) is down 35%, and Credit Suisse (CSGKF) is 30% down. Barclays (BCLYF), BNP Paribas (BNPQF), Societe General (SCGLF), and UBS (UBS) have all lost about 20% since the beginning of 2016. Bank earnings have generally been disappointing. Credit Suisse shares hit a 24-year low after...
  • Citi: World economy seems trapped in 'death spiral'

    02/05/2016 12:08:31 PM PST · by HarleyLady27 · 28 replies
    CNBC ^ | Feb. 5, 2016 | Katy Barnato
    The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.
  • Economic Problems Facing the U.S.

    02/05/2016 1:01:34 PM PST · by HarleyLady27 · 11 replies
    Economy In Crisis ^ | Nov. 12, 2015 | Thomas Heffner
    The United States is facing economic disaster on a scale few nations have ever experienced. Most people are unaware of the easily observable signs of this crisis, where it came from and how to stop it. While we persist in our superpower mentality, we have quietly become a second-class country in many respects.
  • $100 Trillion Up in Smoke

    02/07/2016 7:52:26 AM PST · by Lorianne · 22 replies
    Mauldin Economics ^ | 06 February 2016 | John Mauldin
    If energy powers the world, then whoever owns that energy must have power over the world. That’s certainly been the case for the last century or two. Ownership of our primary energy source, crude oil, is what made billionaires of John D. Rockefeller, H.L. Hunt, and assorted Middle Eastern kings, emirs, and sheikhs. Oil in the ground is wealth only on paper – you may own that oil, but it earns you nothing until you recover and sell it. Yet paper wealth is still wealth. It goes on your balance sheet as an asset that you can sell. You can...
  • Debt, defaults, and devaluations: why this market crash is like nothing we've seen before

    02/06/2016 6:42:17 AM PST · by SkyPilot · 61 replies
    The Telegraph ^ | 6 Feb 16 | Mehreen Khan,
    A pernicious cycle of collapsing commodities, corporate defaults, and currency wars loom over the global economy. Can anything stop it from unravelling? A global recession is on the way. This truism of economics holds at any point in which the world is not in the grips of a contraction. The real question is always when and how deep the upcoming downturn will be. "The crash will come, but it would be nice if it came two years from now", Thomas Thygesen, head of economics at SEB told over 200 commodity investors and analysts in London last month. His audience was...
  • Portfolio Moves As U.S. Recession Signals Intensify

    02/06/2016 6:13:48 AM PST · by Red in Blue PA · 18 replies
    Signs of recession are intensifying. The global economy is near or in recession, and we’re seeing that pressure begin to appear here in the U.S. It’s important to be on “recession watch” because the stock market suffers significant declines during recessions. However, you can position your portfolio to mitigate downside risk when recession signals are flashing. A few of quick facts: 1.Recessions tend to occur one to two times each decade. 2.The last U.S. recession was in 2008, seven years ago. 3.Economies naturally cycle between growth and recession. 4.The stock market declines more than 40 percent on average during recessions....
  • U.S. bank stocks and bonds clobbered by recession worry

    02/09/2016 4:31:58 AM PST · by EBH · 17 replies
    Yahoo Finance ^ | 2/9/2016 | Caroline Valetkevitch and Will Caiger-Smith
    NEW YORK (Reuters/IFR) - U.S. bank stocks and bonds took a pounding on Monday as recession fears compounded concern about their exposure to the energy sector and expectations that global interest rates are unlikely to rise quickly.... Meanwhile, bonds issued by U.S. banks extended their decline, with the yield premium demanded by investors to hold these securities, rather than safer U.S. Treasury debt, climbing to the highest in three-and-a-half years, according to Bank of America Merrill Lynch Fixed Income Index data. "Investors' attitudes seem to be worsening relative to the likelihood of a global recession. I think that's what financials...
  • U.S. stocks tumble to 22-month low as energy, financials drop

    02/08/2016 7:59:26 AM PST · by John W · 27 replies
    marketwatch.com ^ | February 8, 2016 | Ellie Ismailidou
    U.S. stocks tumbled Monday morning to their lowest level in 22 months as a fresh drop in oil prices amid continuing fears of economic slowdown pushed investors to the perceived safety of government bonds and gold. "Is the market throwing out the baby with the bath water?"said James Meyer, chief investment officer at Tower Bridge Advisors, referring to the "rapid fall in prices for the high flying tech and biotech names that have been leading the market for the past 12 months." "The former leaders of the previous bull cycle are the ones that get taken to the woodshed in...
  • Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015

    02/07/2016 8:06:36 PM PST · by SeekAndFind · 11 replies
    TEC ^ | 02/07/2016 | Michael Snyder
    Do you remember how much stocks went down when the first dot-com bubble burst? Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015. On Friday, the tech-heavy Nasdaq dropped to its lowest level in more than 15 months, and it has now fallen more than 16 percent from the peak of the market. But of course some of the biggest names have fallen much more than that. Netflix is down 37 percent, Yahoo is down 39 percent, LinkedIn is down 60 percent, and Twitter is down more...
  • BofAML contrarian indicator says market poised for 24% gain

    02/01/2016 11:07:44 AM PST · by Citizen Zed · 8 replies
    cnbc ^ | 2-1-2016 | Jeff Cox
    Sentiment on Wall Street has gotten so bad that it's good, at least according to one indicator with a high degree of accuracy. Investor optimism has continued to erode through the current correcting, with some gauges showing bearishness at multiyear highs. One in particular -- the Bank of America Merrill Lynch Sell Side Indicator -- puts sentiment "close to where it was at the market lows of March 2009," the firm's strategists said in a report Monday. That date will be familiar to many investors as it marked the Great Recession low and preceded a 200 percent bull market surge....
  • The U.S. economy slows to a pace of 0.7 percent in the 4th quarter of 2015

    01/29/2016 8:31:34 AM PST · by BenLurkin · 15 replies
    Wahsington Post ^ | 01/29/2016 | Chico Harlan
    The U.S. economy slowed to a crawl in the last three months of 2015, new government data showed Friday, an indication of how tepid global growth is exposing new weaknesses in the nation's long and sluggish recovery. Gross domestic product, a measure of overall output, expanded at a seasonally adjusted rate of 0.7 percent between the months of October and December - just the second time in seven quarters that the nation has registered growth under 1 percent. The pace, in line with economists' expectations, shows an economy that is being driven by steady consumer spending but weighed down by...
  • Recession Indicators Flashing Red

    01/24/2016 1:37:44 PM PST · by EBH · 29 replies
    Wall Street Journal ^ | 1/24/2016 | Josh Zumbrun
    successfully navigated, global growth could be derailed." Of the warning signs, the decline in U.S. industrial production has one of the best track records. The output from mines, factories and utilities has always begun to decline before recession strikes. "Manufacturing tends to lead the economic cycle and it tends to be an indicator of the swings," said Thomas Costerg, senior economist at Standard Chartered. "Manufacturing is struggling." A strong U.S. dollar and weak economies internationally are taking a toll. But unlike past declines in industrial production, today's decline has been driven primarily by the collapse in the oil industry. The...
  • Oil crash sends Dow diving 500 points

    01/20/2016 10:13:11 AM PST · by Signalman · 33 replies
    cnnmoney ^ | 1/20/2015 | Matt Egan
    The Dow plunged 540 points on Wednesday after crude oil plummeted another 7% and crashed below $27 a barrel. The S&P 500 slumped 3.5% to its lowest intraday level since October 2014. The Nasdaq is down another 3.5%. It's the latest blow in what's already been the worst start to a year on record for the stock market. The Dow is now down more than 11% in 2016. "Despite improving valuations, global equities continue to get hammered," Bespoke Investment Group wrote in a client note. The firm said the appetite for risk remains "awful." Turmoil in China and the crash...
  • World faces wave of epic debt defaults, fears central bank veteran [Situation worse than 2007]

    01/20/2016 7:06:17 AM PST · by SeekAndFind · 21 replies
    The Telegraph ^ | 01/20/2016 | By Ambrose Evans-Pritchard, in Davos
    The global financial system has become dangerously unstable and faces an avalanche of bankruptcies that will test social and political stability, a leading monetary theorist has warned. "The situation is worse than it was in 2007. Our macroeconomic ammunition to fight downturns is essentially all used up," said William White, the Swiss-based chairman of the OECD's review committee and former chief economist of the Bank for International Settlements (BIS). "Debts have continued to build up over the last eight years and they have reached such levels in every part of the world that they have become a potent cause for...
  • First Sales Day After a 400 pt Loss, All Markets Are Now Trending Back Into Negative Territory

    01/19/2016 11:08:11 AM PST · by Robert A. Cook, PE · 10 replies
    http://www.nasdaq.com/markets/ ^ | 19 January 2016 | RACookPE1978
    Read the graphs. All started high, though none able to get back towards even the start point of Friday's disastrous losses. But, every index is trending back towards - or past - negative territory. Again.
  • 80% Stock Market Crash To Strike in 2016, Economist Warns

    01/19/2016 10:42:13 AM PST · by Cringing Negativism Network · 30 replies
    The Sovereign Investor - Daily ^ | January 18, 2016 | by JL Yastine
    Well ok. I have never heard of this guy before. I don't know if what he is saying it true, is true. Tried to google the guy, and it wasn't for sure whether he is reputable. But it seems interesting, at least. So here it is: http://thesovereigninvestor.com/exclusives/80-stock-market-crash-to-strike-in-2016/?z=451506
  • The stock market is freaking out about Trump and Sanders

    01/17/2016 11:38:14 AM PST · by SeekAndFind · 44 replies
    Marketwatch ^ | 01/18/2016 | Brett Arends
    Donald Trump wants to slap tariffs on China -- and maybe Japan. He'd build a wall with Mexico. He promises a more pugnacious American posture in the world, and probably a lot more unilateralism. Bernie Sanders wants to jack up the federal minimum wage, tax short-term stock market trading, and probably raise other taxes and regulations as well. Both men are rising in the polls. And as they're going up, the stock market is going down. Surprised? Don't be. Stock markets hate three things in this world. The first is anyone who dissents from the orthodoxy of MBA economics. The...
  • Dow plunges 391 points as fear grips markets

    01/15/2016 2:37:37 PM PST · by Signalman · 16 replies
    CNN Money ^ | 1/15/2016 | Matt Egan
    <p>The market freakout of 2016 keeps getting scarier. Cheap oil and China remain the major culprits. The Dow dropped another 391 points on Friday, leaving the index down an incredible 1,437 points in just the first two weeks of the year. The S&P 500 lost 2.3% and the Nasdaq plunged 2.7% to its lowest level since October 2014.</p>
  • Apple Stock Is Headed for $80 or Less in Coming Months, These Charts Reveal

    01/15/2016 2:12:11 PM PST · by Up Yours Marxists · 10 replies
    The Street ^ | January 16, 2016 14:29 UTC | Ken Goldberg
    Apple (AAPL - Get Report) stock will fall to $80 or less in the next few months, according to comprehensive technical analysis. That prediction is based on the same set of analytical tools that yielded this Oct. 2 forecast that Apple shares would rise to the $120 area after hitting an August low of $92.00. The same day that forecast was published, the stock closed at $109. By the end of November, the stock reached the target level and began to roll back down. In that analysis, the decision support engine's algorithms showed that after the stock tested $120, the...