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Regular investors have a lot of questions about the stock market’s recent plunge. They want to know whether they should take advantage of the recent pullback (the S&P 500 is down 20% year to date), wait for a better opportunity or sell out entirely. It’s a natural question to ask. So MoneyWise chatted with fund manager and regular CNBC contributor Michael Farr to pick his investment brain about what to do in the current market. His advice is simple: don’t try to time it. “Market timing… Source link

TV: ABC, 8:30 p.m. ET BetMGM line: Celtics -6.5 At first glance Saturday, it looked like we were in store for a third straight blowout in the Eastern Conference finals. Though the Celtics eventually climbed out of a 26-point hole, the Miami Heat held on to take a 2-1 series lead over Boston headed into Monday’s Game 4 at TD Garden. A win there is critical for the Celtics, otherwise they’ll have to travel to Miami and try to battle out of a 3-1 deficit in order to keep their Finals hopes… Source link

U.S. stock futures rose Monday morning, with equities coming off a seven-week losing streak on more solid footing as investors shook off some recent volatility and digested fresh trade-related remarks from the Biden administration. Contracts on the S&P 500 gained more than 1% in early trading. The index had closed out Friday’s session flat on the day but down 18.7% from its Jan. 5 record closing high to come within striking distance of a bear market, defined once an index closes at least 20%… Source link

When investing legend George Soros makes a move, the market takes notice. And he has definitely made some eye-opening moves of late. According to the latest 13F filing from Soros Fund Management, the billionaire financier’s family office sold 3,680 shares of Amazon (AMZN) in Q1 of 2022, reducing his stake in the e-commerce giant by 5%. At the same time, the fund slashed its positions in food service company Aramark (ARMK) by 33%. But Soros also made several purchases during the quarter —… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Monday, May 23, 2022 I remember very little from my life before the age of 10. However, I vividly recall hurling a rock at some kid’s back in the fifth grade, which I did for no other reason than I had a knack… Source link

I have never seen an injury report like this. We have nine rotation players on this injury report, and we only have one game to break down. It’s a big one, though, with Miami up 2-1 in this best-of-seven series. Game 3 was an impressive road win from Miami, and they could put the pressure on Boston if they could grab a Game 4 victory to take a 3-1 series lead! Create the optimal lineup using our NBA DFS lineup optimizer >> Injury Report Find the best fantasy matchups each day… Source link

(Bloomberg) — Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software. Most Read from Bloomberg The discussions are ongoing and there’s no guarantee they will lead to a purchase, said the people, who asked not to be identified because the matter isn’t public. VMware currently has a market valuation of about $40… Source link

Michael Vick isn’t coming out of retirement after all. The former Atlanta Falcons star shut down rumors of a return in the Fan Controlled Football league on Sunday, saying that he’s going to stay retired. “I hung ‘em up in 2015 never to return again,” Vick wrote on Twitter. “Had an amazing time and accomplished so much. I say that to say, they’re going to stay hung up and I will not be coming out of retirement. I appreciate the opportunity to play but I’d rather put on my… Source link

Mito Pereira underwent perhaps the worst collapse in recent golf memory on Sunday afternoon. Yet minutes later, somehow, he was still smiling. “I guess you have so much pressure on your body, you maybe don’t even know what you’re doing,” he said with a laugh on CBS. Pereira, after entering Sunday with a three-shot lead at the PGA Championship in Tulsa, Oklahoma, fell apart in his final round at Southern Hills Country Club. Though he held onto a one-shot lead at the tee box of the par-4… Source link

(Bloomberg) — Get ready for a fresh slump in the world’s most-watched stock index, as economic growth fears spiral and the Federal Reserve embarks on its biggest policy-tightening campaign in decades. Most Read from Bloomberg With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV Pulse survey reckon there’s more pain to come. The gauge is likely to keep falling this year before bottoming at around 3,500,… Source link