Tag Archives: Decline

Banks will kick off earnings season this week, with first-quarter results due out from a lineup of industry heavyweights led by JPMorgan Chase on Wednesday. The latest quarterly figures are expected to preface a lackluster year for bank profits despite the lift anticipated from higher interest rates. According to projections compiled by S&P Global Market Intelligence, U.S. bank earnings will fall by more than 8% in 2022 from last year, namely as the financial boost from releasing reserves… Source link

U.S. stocks traded mixed and energy prices soared Monday after an escalation of sanctions against Russia amid an ongoing conflict in Ukraine stoked further uncertainty over the outlook for global financial markets. The S&P 500 and Dow each declined, while the. Nasdaq turned positive after opening lower. West Texas intermediate crude oil prices (CL=F) soared to as much as $99.10 per barrel before paring some gains. Brent crude (BZ=F), the international standard, rose to a near seven-year high… Source link

The Houston Rockets offered the Los Angeles Lakers a deal that would have swapped John Wall for Russell Westbrook, but the Lakers declined to include a first-round pick, sources told Yahoo Sports. The discussion ended because of the refusal to include the draft pick, sources said. The Lakers did not make any moves before the trade deadline despite losing six of their last eight games. Now, the Lakers will look to the buyout market, sources said. However, that path also looks dim to bring in a… Source link

Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks Jeremy Grantham, legendary investor and pioneer of index fund investing, expects today’s sky-scraping stock market to come crashing back to earth. Grantham recently told Bloomberg that investors, who enthusiastically drove the stock market to new heights during a global recession, are in for a shock. “When the decline comes, it will… Source link

The recent market decline has many people wondering if this is the start of a bigger correction, or just a shakeout before a fourth quarter rally. I’m leaning towards the latter for the following reasons: seasonality, the Fed, technicals, and sentiment. Seasonality is a short-term negative, but a positive into year-end. From approximately mid-September until mid-October, factors such as index rebalancing and end-of-the-quarter portfolio adjustments can lead to seasonal weakness. These… Source link

The market is fighting hard to shrug off a carousel of concerns ranging from an expiring debt ceiling to potential contagion from a bust of overly-indebted China real estate development Evergrande.  But any rally off the recent lows may prove short-lived, contends Binky Chadha, Deutsche Bank chief markets strategist. The veteran strategist reiterated his call for a deep stock market correction on Thursday.  “I would say this [week’s] sell-off was very much a garden variety pullback rather… Source link

Stock futures headed toward a lower open Monday morning, with lingering concerns over the growth outlook at least temporarily outweighing optimism over a strong second-quarter earnings season. Dow futures dropped more than 100 points, or 0.4%, in early trading. The S&P 500 and Nasdaq also pointed toward a lower open. The three major indexes each set record closing highs on Friday, shaking off a sell-off at the start of last week as worries over the Delta variant increased.  Cyclical stocks… Source link

The government’s attempt 20 years ago to split up Microsoft failed, and sanctions didn’t break its hold on the desktop, but many of Windows’ current challenges stem from how the company reacted to its years of fighting regulators around the world. Why it matters: Facebook, Google, Amazon and Apple all face threats from regulators. Even if the companies win those conflicts, just fighting the battle can put them at a disadvantage. The big picture: The direct consequences of antitrust action… Source link

TipRanks 3 ‘Strong Buy’ Stocks with 100% Upside Potential Every stock investor wants a strong return; that’s axiomatic, it’s why people get into the stock market to begin with. But the markets are inherently risky, and finding the sweet spot – the right combination of risk and reward – seems as much an art as a science. You can use science, however, to minimize the risk. We’re talking about statistical science, the study of numbers, their patterns, and the relationships between… Source link

Shares of AMC and other theater chains popped after Disney said its film production schedule is heating up. But the shrinking exclusivity window for new releases means the industry is in “secular decline,” says one veteran media analyst.  Disney, along with its earnings, announced that two films, “Free Guy” and “Shang-Chi and the Legend of the Ten Rings,” will play only in theaters for 45 days before being available to stream. “Black Widow” and “Jungle Cruise” will have a simultaneous… Source link