Tag Archives: bear

(Bloomberg) — The latest bounce in US stocks is a bear market rally and more declines lie ahead, according to Morgan Stanley strategists. Most Read from Bloomberg “With valuations now more attractive, equity markets so oversold and rates potentially stabilizing below 3%, stocks appear to have begun another material bear market rally,” strategists led by Michael Wilson wrote in a note on Monday. “After that, we remain confident that lower prices are still ahead.” READ: $11 Trillion and… Source link

(Bloomberg) — Dennis Gartman says U.S. stocks are and will be in a bear market until a one-day “violent, downward movement” signals that prices have reached bottom. Most Read from Bloomberg “We’ll have one day when we’ll be down 5% or 6% and that’ll be the final selling pressure,” the chairman of the University of Akron Endowment told Bloomberg Radio on Monday. “That’ll end the bear market.” Investors should “be less involved. Be less long. Try to be as conservative as… Source link

U.S. stocks have had a rough start to the year after a standout 2021—and if history is any guide for what’s to come, things could get even worse from here. The S&P 500, which returned nearly 27% to investors last year, has been dragged down more than 15% year to date by rising interest rates, geopolitical tensions, persistent inflation, and a number of other bearish factors. The big question on most investors’ minds: How much further will stocks drop? Bank of America’s chief investment… Source link

A version of this post was originally published on TKer.co Deutsche Bank made waves on Tuesday when its economists became the first of the major Wall Street analysts to say the U.S. economy would soon go into recession. “Two shocks in recent months, the war in Ukraine and the build-up of momentum in elevated U.S. and European inflation, have caused us to revise down our forecast for global growth significantly,” Deutsche Bank economists, led by David Folkerts-Landau and Peter Hooper,… Source link

U.S. equity futures ticked lower in post-market trading Monday after a sell-off in the earlier session that saw the Dow Jones Industrial Average fall into correction territory and the Nasdaq enter a bear market. Investors continued to jettison stocks and stockpile safe-haven assets as concerns over the economic consequences of Russia’s war in Ukraine intensified. Futures tied to Wall Street’s main benchmarks dipped slightly heading into overnight trading. Contracts on the Dow, S&P 500 and… Source link

Yandex ( YNDX -6.79% ), one of Russia’s largest tech companies, lost 40% of its market value over the past 12 months as it grappled with an antitrust probe, concerns about its net losses, rising interest rates, and the Ukrainian conflict sparking an exodus from Russian equities. But after that steep sell-off, Yandex trades at just 2.2 times this year’s sales. That seems like a very low valuation for one of Russia’s largest online search, ride-hailing, e-commerce, and… Source link

(Bloomberg) — Futures tracking the Nasdaq 100 Index signaled the U.S. equity gauge is poised to fall into a bear market on Thursday for the first time since the depths of the pandemic selloff as investors exit risk assets on geopolitical risks. Most Read from Bloomberg March futures for the technology-heavy index slid as much as 3.3%, as Russian forces attacked targets across Ukraine after President Vladimir Putin ordered an operation to demilitarize the country, prompting a threat of further… Source link

Netflix (NFLX) has been on a wild ride after reporting slowing subscriber growth in the fourth quarter, amid an already crowded streaming landscape.  The stock plunged more than 20% following the results, which showed a relatively weak 8.3 million subscribers in Q4. The platform also forecasted a net add of only 2.5 million subscribers in the current quarter, compared to 3.98 million during the first quarter last year. The streaming giant’s currently trading between a range of $350-$375 per… Source link

The new year has been upon us for less than a month, but the Great Crypto Crash of 2022 has already caused a lot of investors pain. The risk aversion dogging Wall Street has infected cryptocurrencies, resulting in a dramatic sell-off in digital coins that yanked Bitcoin (BTC-USD) below $34,000. While the token recouped some of those losses, most analysts think there’s more downside left to probe, especially with crypto’s growing correlation with other risk-on assets. Like stocks, Bitcoin’s… Source link

Jim Rogers: Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he’s using for 2022 crash protection The Santa Claus rally has brought the market to new highs as we enter 2022, but it’s important to remember that stocks don’t always go up in straight lines. Famed investor Jim Rogers has seen quite a few bear markets in the last half century, and he fears the biggest one yet could be right around the corner. “The next bear market will be the worst in my… Source link