Tag Archives: market

Goldman Sachs likes these 3 top dividend stocks yielding as high as 7.6% — in a manic market, locking down a growing income stream makes sense The S&P 500 is down 16% so far in 2022. While investor sentiment is far from bullish these days, Goldman Sachs sees opportunity in one specific group of companies: those that return cash to investors on a regular basis. “We continue to recommend investors own stocks with high dividend yield and growth,” Goldman’s chief U.S. equity strategist… Source link

Subscribe Wednesday, May 11, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter As volatility grips markets, investors are naturally wondering when the selling will abate and the bottom will be put in. According to a number of pundits, the answer is probably not quite yet. Stocks have fallen sharply for the year-to-date and in the past several weeks especially. The S&P 500 has tumbled 16% so far in 2022, and by a slightly more pronounced 16.6% from… Source link

Jim Cramer says ‘leaving the market is a mistake’ ⁠— here’s what he’s most bullish on right now The S&P 500 is down 10% over the past month alone. According to CNBC’s Jim Cramer, the recent plunge in stocks reflects a lack of investor confidence in the Federal Reserve. He says these investors believe that the Fed has lost control or is helpless to fix things given the state of the global supply chain. But Cramer remains bullish — particularly on Fed Chairman Jerome Powell. “I think… 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

The Fed may no longer be a friend of investors, pros say, and that could be a major headwind to stocks in the near-term. “What’s dangerous about yesterday’s huge market slump is that there must be an element of doubting the ability of there to be an effective ‘Fed Put’ in this cycle following a 30-40 year period where the central bank has almost always been able to come to the market’s rescue,” Deutsche Bank strategist Jim Reid said. The Dow Jones Industrial Average plunged 1,120 points on… Source link

U.S. equity futures edged higher ahead of overnight trading Wednesday following a choppy earlier session that saw stocks pare some losses from a steep sell-off on Tuesday. Contracts on the S&P 500 climbed 0.21%, while Dow futures rose 62 points, or about 0.19%. Futures tied to the tech-heavy Nasdaq Composite were roughly flat after Facebook parent company Meta (FB) reported stronger-than-expected earnings after the close on Wednesday. Still, with just three trading days left, the… Source link

One of the hottest housing markets in the Southeastern U.S. has been quietly thriving in the shadow of its brighter, louder, and more glamorous sister city Miami. Tampa, Florida, was rated 2022’s hottest housing market by Zillow (Z, ZG), beating out other Florida cities as well as other major metros like Phoenix and Austin, Texas. The city outranked other markets due to its number of potential buyers, scarcity of homes, home sales, and flourishing job market. Tampa’s home values are also… Source link

Text size Wall Street will digest a wave of U.S. corporate earnings this week. Dreamstime Stocks were down… Source link