Tag Archives: dip

Housing activity slowed for a second straight month in March. Existing home sales fell 2.7% to a seasonally adjusted 5.77 million units in March from a month earlier, according to the National Association of Realtors (NAR). Home sales fell across all regions in the U.S. from February. The NAR also revised February existing home sales downward to 5.93 million from 6.02 million. The number of sales was down 4.5% from the same month a year ago. The results came in better than analysts’… 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

Stocks may be well off their highs amid rising concerns on the Russia-Ukraine war, but now doesn’t mark a great buying opportunity, warns UBS strategist Stuart Kaiser. “We are definitely not buyers of the dip at this point. For perspective, we were worried about the first half of this year before the Russia-Ukraine conflict even started just based on the Fed and the growth in inflation dynamics. The geopolitical stuff just reinforces that,” Kaiser said on Yahoo Finance Live. Markets would seem… Source link

Stock futures headed for a lower open Friday morning as traders eyed the latest developments in Russia’s invasion of Ukraine and the world’s response. Contracts on the S&P 500 declined. The index rose by 1.5% during Thursday’s session, rallying to shake off losses of as much as 2.6% at session lows. The Dow eked out gains after shedding more than 800 points at its worst levels of the day. And the Nasdaq Composite rose 3.3% in its best session since Jan. 31. Stocks steadied even against the… Source link

When Michael Jordan retired at the height of his popularity, the NBA soon learned a hard truth. It had no heir to Air Jordan, no emerging superstar prepared to step into Jordan’s high tops and drive revenue and viewership. In 1998, a record TV audience tuned in to watch Jordan’s “Last Dance” Chicago Bulls capture their sixth and final NBA title. In 1999, the NBA no longer had Jordan to sell and ratings for the Finals plummeted to an 18-year low. The NBA’s post-Jordan ratings decline… Source link

“Buy the dip” has been a headline-making phrase lately. Whether from professional strategists, or in the form of a meme on Twitter, the mantra has inspired an entire generation of investors to go bargain hunting for stocks in the face of a market pullback. Moreover, price action since the onset of the pandemic has generally favored that strategy: every drawdown since the beginning of 2020 has been followed by a comeback to a new high. But after a dismal start to the year for equities, and… Source link

U.S. stocks recorded their worst January since the financial crisis and retail investors saw the downturn as an opportunity to buy the dip. Mom- and pop- investors led purchases of U.S. equities during the month, while institutional investors such as hedge funds sold off assets, according to fresh data from Bank of America. BofA’s retail clients were the biggest dip-buyers last month, posting inflows into stocks in each of the last four weeks. January inflows are typically led by retail… Source link

Jim Cramer: Buying the tech dip is a mistake when these 4 stocks offer ‘easier money’ After last week’s omicron-triggered selloff, many stocks are trading well below their 52-week highs — particularly in the technology space. But doing the obvious and buying the dip on your favorite tech companies could mean missing out on “easier money,” Jim Cramer says. “I’d rather find companies that did well in earnings season and got trampled on unjustly in the last few weeks because they… Source link

Bull markets, like the human investors that compose them, are mortal—and sometimes they die in a spectacular and bloody fashion. Trouble is, you never know for sure when a few days of big losses represent a mere dip (or to some, a buying opportunity) and what is the start of bigger decline. But there are at least four signs that appear when equities are approaching the abyss. Crashes hit with the scary impact of a Category 4 hurricane, ripping apart portfolios that people depend on to fund… Source link

(Bloomberg) — Stocks in Europe rebounded and U.S. equity futures rose along with Treasury yields as a semblance of calm returned to global markets while investors reconsidered their worst-case scenarios for the omicron coronavirus strain. Most Read from Bloomberg The Stoxx Europe 600 index jumped more than 1%, recovering some of their worst drop in more than a year, with travel and energy stocks leading the advance. S&P 500 and Nasdaq 100 contracts climbed, WTI oil rallied back above $71 a… Source link