Tag Archives: Stock

Stock futures moved to the upside Monday morning, extending last week’s gains and holding near all-time highs at the start of a busy week for new economic data. Contracts on the S&P 500 and Nasdaq each traded a tick above the flat line after the indexes set record highs last week. Dow futures also edged up, with gains in shares of Amgen and Home Depot leading the way higher. Optimism that the Federal Reserve will not immediately and jarringly remove its highly accommodative monetary policies… Source link

Stock futures edged higher Thursday evening after closing lower during the regular trading day, as jitters over the prospects of less accommodative monetary policy compounded with fresh geopolitical concerns. Contracts on the S&P 500 ticked up. Earlier on Thursday, the index closed lower to end a five-session winning streak and pull back from an all-time high. Both the Dow and Nasdaq had also ended in the red. More hawkish commentary from Fed policymakers ahead of the central bank’s key… Source link

Stock futures traded sideways Wednesday evening to hold near record levels, as traders anxiously awaited the start of a key Federal Reserve event on Thursday. Contracts on the S&P 500 opened little changed after the index reached a new record level during the regular trading day and logged a fifth consecutive session of gains. The Nasdaq had also reached a fresh record high.  Shares of Dow component Salesforce.com (CRM) edged higher in late trading after the software company boosted its… Source link

Billionaire bond investor Jeffrey Gundlach, founder and CEO of $137 billion DoubleLine Capital, says as long as the Federal Reserve’s stimulus continues, “The stock market can stay in very overvalued territory.” Speaking to Yahoo Finance Live on Monday, Gundlach, known as the “Bond King,” said that while U.S. stocks are overvalued they look cheap compared to bonds. “[As] overvalued as stocks are relative to historical measures — like the price-to-earnings ratio, or Dr. Shiller’s CAPE ratio,… Source link

Stock futures opened higher Monday evening, building on advances following a record-setting day.  Contracts on the S&P 500 edged up. The blue-chip index set a record intraday high earlier on Monday, but ended just short of a record close. The Nasdaq outperformed and rallied 1.6% to new highs, led by gains in Big Tech stocks including Amazon (AMZN). “Reopening” stocks including the airlines and cruise lines also added to gains after rising during the regular trading day, with optimism over a… Source link

Investors may be wise to tread lightly in the stock market as the Federal Reserve nears the start of its bond tapering program, hints DoubleLine Capital founder and CEO Jeffrey Gundlach.  “It certainly would be a negative for the stock market,” Gundlach — aka the “bond king” — told Yahoo Finance Live in an exclusive interview on the potential impact to markets from Fed tapering. The Federal Reserve is widely expected to signal the beginning of halting its pandemic-era bond-buying program… Source link

COVID-19 Delta fears has unleashed the short sellers on the economically sensitive consumer discretionary sector.  Short sellers held 4.57% of outstanding shares in the S&P 500 consumer discretionary sector at the end of July, according to new data from S&P Global Market Intelligence. Taking a short position in a stock is one’s way of betting on a decline in price.  The percentage of short sellers in the consumer discretionary space has trended higher since April as stimulus check spending… Source link

So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares. Smart money managers are always looking for the next hot stock. And NVIDIA has many fundamental qualities that are attractive. This sets up well for the stock going forward. But how the stock is trading points to more upside. As I’ll show you, the Big Money has been consistent in the shares the last year. You see, fund managers are… Source link

Stock futures gained Monday morning, steadying after last week’s volatility as investors looked ahead to a key event from the Federal Reserve later this week. S&P 500 futures rose by more than 0.3%, led by gains in energy stocks as oil prices advanced. U.S. West Texas intermediate crude oil futures (CL=F) topped $64 a barrel, and Brent crude (BZ=F) jumped above $67 per barrel after suffering its longest losing streak since early 2018 as of last week.  Contracts on the Dow were set to open… Source link

Stock futures opened slightly higher Thursday evening as investors considered the latest batch of earnings and economic data and continued to contemplate the path forward for monetary policy.  Contracts on the S&P 500 edged up. Earlier, the index narrowly eked out its first positive trading session in three days. Technology stocks led the way higher, and the Nasdaq outperformed.  Traders this week have watched a number of market concerns unfold, with infections related to the Delta variant… Source link