By Fred Imbert, CNBC The market’s swift decline from record highs sparked by the coronavirus outbreak has left investors wondering when the bleeding will stop. On Feb. 19, the S&P 500 hit an all-time high. Just a week later, the broad market average traded in a correction — down more than 10% from those levels. It was the fastest drop...
The end of February was brutal for traders that were not prepared for the breakdown in the US stock markets. The breakdown in price actually started on February 20th and 21st. Most traders didn’t pay attention to these minor downside price rotations in the Technology sector (NQ) and the Financial sector. The early downside price rotations in key sectors gave...
The end of February was brutal for traders that were not prepared for the breakdown in the US stock markets. The breakdown in price actually started on February 20th and 21st. Most traders didn’t pay attention to these minor downside price rotations in the Technology sector (NQ) and the Financial sector. The early downside price rotations in key sectors gave...
That. Was. Crazy. Even with Friday's partial rebound effort, last week was the worst week for stocks since 2008, when the fallout from the subprime mortgage crisis was in full swing. All told, the S&P 500 ended last week down 11.2%. From the previous week's peak to last week's low, the S&P 500 has been down as much as 15.7%....
That. Was. Crazy. Even with Friday's partial rebound effort, last week was the worst week for stocks since 2008, when the fallout from the subprime mortgage crisis was in full swing. All told, the S&P 500 ended last week down 11.2%. From the previous week's peak to last week's low, the S&P 500 has been down as much as 15.7%....
Traders should never assume anything, but that's especially true right now. Last week's meltdown was for all intents and purposes unheard of, and stocks were vulnerable to be sure. But, unlike most knee-jerk selloffs, this one was actually somewhat rationalized. If the coronavirus does indeed turn into a full-blown global contagion, the economy could be up-ended and stocks could be...
Traders should never assume anything, but that's especially true right now. Last week's meltdown was for all intents and purposes unheard of, and stocks were vulnerable to be sure. But, unlike most knee-jerk selloffs, this one was actually somewhat rationalized. If the coronavirus does indeed turn into a full-blown global contagion, the economy could be up-ended and stocks could be...
The Dow and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. Wall Street's historic shake-up came as worries grew over the coronavirus' impact on the global economy and corporate profits. By Fred Imbert, CNBC The U.S. stock market suffered a historic pullback this week as the coronavirus spread...
The Dow and S&P 500 each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the financial crisis. Wall Street's historic shake-up came as worries grew over the coronavirus' impact on the global economy and corporate profits. By Fred Imbert, CNBC The U.S. stock market suffered a historic pullback this week as the coronavirus spread...
Back in early 2018, after a dramatic rally in early January 2018, the US stock market collapsed suddenly and violently – falling nearly 12% in a matter of just 9 trading days. Our researchers asked the question, is the current collapse similar to this type of move and could we expect a sudden market bottom to setup? Although there are...
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