Tag Archives: Stocks

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, June 14, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter. Investors ready for a buying opportunity to emerge in these volatile markets may need to keep waiting. And waiting. “U.S. stocks have suffered their biggest year-to-date losses since at least the 1960s. That’s ignited calls to… Source link

Inflation data dominated the market news at the end of last week, and rightly so. The May print, of 8.6% annualized gains in the consumer price index, marked a sharp reversal from the modest decline seen in April, and a new ‘highest level in 40 years’ data point. It reignited worries that the rosy projections – of a transient inflation, or of lower rates by early next year – are unlikely to reach fruition. Even though unemployment is low and wages are up, the declines in real… Source link

If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund. Bridgewater Associates co–chief investment officer Greg Jensen said inflation is not going away, which could force the Fed to continue hiking interest rates, likely more than Wall Street currently anticipates. Story continues “We’re in a radically different world,” Jensen said in an interview with… Source link

Warren Buffett is using these 3 top stocks to generate a fat inflation-fighting income stream of $1.9 billion — follow along now for some healthy cash return Investors may feel a bit battled in this environment. Some experts say that the market will bottom soon, while others argue that there’s plenty more downside ahead. Put simply, while everyone wants to buy low and sell high, the concern is that you might buy low and sell lower. Story continues If you don’t feel confident in the… Source link

Despite the modest rally that we’ve seen since late May, volatility still rules the markets. The overall trend for the year has been down – to the tune of 14% on the S&P 500 and 23% on the NASDAQ. It’s not exactly an environment that would encourage large-scale buying. But Marko Kolanovic, global market strategist from JPMorgan, takes the contrarian view, explaining why, in his view, current low prices represent opportunities. “As the market got into oversold conditions, it didn’t… Source link

The demand for cruise vacations may be weakening as high levels of inflation, the ongoing COVID-19 pandemic, and a slowing economy weigh on consumer purchase decisions. Royal Caribbean, Norwegian Cruise Line, and Carnival all saw capacity-weighted sequential ticket pricing declines from May to June, according to new data from BofA Global Research. Price declines ranged from 1% to 3% compared to May, with Carnival seeing the largest drop (2.6%). The pricing softness looks to be extending into… Source link

Jim Cramer says oil is the ‘only dip that can be bought right now’ — here are 3 blue-chip energy stocks that also provide healthy yields as high as 7.8% With the market down double-digits in 2022, a lot of stocks seem to be on sale. But not all of the beaten-down names are worth buying at the moment, according to CNBC’s Jim Cramer. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at… Source link

U.S. stocks dropped on Wednesday, with the S&P 500 and Dow giving back gains after rising for back-to-back sessions. The S&P 500 fell over 1% on Wednesday, while the Dow and S&P 500 both lost more than 0.7%. The small-cap Russell 2000 was the day’s biggest laggard, falling over 1.5% at session lows. All three major averages had kicked off this week with gains, rising on both Monday and Tuesday. West Texas intermediate crude oil prices (CL=F) rose above $122 per barrel to reach the highest… Source link

For the retail investor, the only certainty of our current market environment is uncertainty. The reasons are multiplying: high inflation is rising higher, wages are not keeping up, Russia’s invasion of Ukraine has initiated Europe’s largest war since 1945, and energy and food commodities – key ingredients in the inflation mix – are sure to rise in price as a result of that fighting. In a time like this, it’s good to find a guide, a market expert whose trading can stand as an… Source link

U.S. stocks charged forward in the final hour of a turbulent session Tuesday as investors shook off a profit warning from Target that renewed concerns about the economic outlook and weighed on broader markets in earlier trading. The S&P 500 rose 0.8%, and the Dow Jones Industrial Average gained 200 points, or 0.6%. The tech-heavy Nasdaq advanced roughly 0.9%. The indexes climbed after struggling for direction for much of the trading day. Meanwhile, the 10-year U.S. Treasury benchmark… Source link