Tag Archives: Stocks

We all know how the stock market started out 2022 with a sudden reversal of last year’s bull run. By the end of February, it was clear that stocks had entered correction territory; the sell-off was broad-based, across all segments of the market. But is the sell-off over? There are indications that may be the case. Since bottoming out on March 14, the market has staged a strong rebound, and year-to-date is no longer in correction territory. The S&P 500 is up 10% in that period, and the… Source link

Investing legend Bill Gross has been dabbling in the meme stock trade, notably its two highest profile names GameStop (GME) and AMC (AMC). “I simply think that the AMC and GameStop are lottery tickets,” said the Pimco co-founder in an interview with Yahoo Finance Presents. Gross — who just penned his own memoir called “I’m Still Standing: Bond King Bill Gross and the Pimco Express” — has been betting against GameStop and AMC using options. Explained Gross, “If you can sell options that are… Source link

After a period of sustained losses, the stock market has been staging a comeback, with valuations across the board moving in one direction – higher. Between March 14 and March 23, the S&P 500 rose ~8%, while the NASDAQ was up ~12%. Oppenheimer’s Chief Investment Strategist John Stoltzfus offers an explanation for the powerful rally: “In our view it wasn’t so much that investor sentiment had turned broadly positive last week but rather that enough investors started to see numerous… Source link

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, March 22, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter When it comes to sparking a move higher in stocks, news doesn’t necessarily have to go from bad to good, or from good to great. “Very bad” to “slightly less bad” can be enough. And that reasoning offers one explanation for… Source link

Stocks experienced a brutal correction in January before bouncing to end the month down roughly 5%. That may be just the start of the pain for passive “buy-and-hold” investors, according to Barry Bannister, the chief equity strategist at Stifel, a St. Louis–based investment bank. In fact, the strategist is predicting an entire decade of suffering ahead for markets as the Fed raises interest rates, with 0% returns for investors. “Buy and hold is the ideal strategy in the bull phases…but… Source link

Stocks traded mixed Monday to steady after last week’s gains, while energy prices resumed a march higher. The S&P 500 edged slightly higher, while the Dow and Nasdaq dipped. Trader’s paused after last week’s gains, when the S&P 500 posted its first weekly advance in three weeks and its largest since November 2020. The Treasury yield curve steepened, and the benchmark 10-year yield rose to top 2.2%. Energy and commodity prices spiked amid the latest developments in Russia’s war in Ukraine. As… Source link

Trading glitches plagued the nickel futures market in London Friday, with prices settling down at the exchange-imposed limit for a third straight day. As more details emerge from the disorderly market failure that shuttered trading in nickel for over a week — only to reopen in chaos — industry insiders are crying foul. The current circus in nickel captured popular attention on March 7 when a giant bearish bet on nickel prices blew up in a spectacular short squeeze that would have rivaled… Source link

Alibaba (BABA)’s ADRs could rip higher after a massive relief rally spurred by an ease of regulatory risks, which one equity manager called “a sea change.” “I think you’re going to see China stocks rip for the next 8 or 12 months into the China National Congress [elections],” Thomas Hayes, chairman of Great Hill Capital, told Yahoo Finance. “When you look at some of them in particular, we’re focused on Alibaba, I think the returns are going to be spectacular.’ On Wednesday, e-commerce giant… Source link

European stocks rose as all eyes are firmly focused on the Federal Reserve meeting later today – the first in four years, where an interest rate hike is expected. Photo: Tom Williams/CQ-Roll Call, Inc via Getty European stocks pushed higher on Wednesday as investors awaited a widely anticipated decision by the US Federal Reserve on interest rate policy. In London, the FTSE 100 (^FTSE) rose 1.3% after opening, while the CAC (^FCHI) gained 2.1% in Paris, and the Frankfurt DAX (^GDAXI) was 2%… Source link

There are a couple reasons why investors should use the weakness in markets as a good buying opportunity even in front of notable risks like the Federal Reserve raising interest rates to fight inflation and the ongoing Russia-Ukraine war, argues strategists at JPMorgan. “Despite the current tumultuous conditions, we believe a lot of risk is already priced in, sentiment is depressed and investor positioning is low, so we would add to risk with a medium-term horizon. We would advise against… Source link