By Keris Lahiff, CNBC One group of stocks has led the market this year: the homebuilders. The ITB home construction ETF has rocketed more than 50% higher this year, catching up after cracking in 2018. “We looked at all the big homebuilders, and you can see how they’ve well outperformed the S&P 500 year to date by over 20%,” Craig...
– A stock drop may provide an 'entry point' for investors, Dwyer says – By Chris Matthews, MarketWatch Canaccord Genuity strategist Tony Dwyer has been bullish on the U.S. stocks in recent years, predicting after rising more than 23% in 2019, the S&P 500 will reach 3,350 by the end of 2020, a more than 8.3% increase from Tuesday's close....
– A stock drop may provide an 'entry point' for investors, Dwyer says – By Chris Matthews, MarketWatch Canaccord Genuity strategist Tony Dwyer has been bullish on the U.S. stocks in recent years, predicting after rising more than 23% in 2019, the S&P 500 will reach 3,350 by the end of 2020, a more than 8.3% increase from Tuesday's close....
Thanks to Friday's 0.26% advance, the S&P 500 is now up 8.4% from its early October low… and deeper into record high territory. That makes for a rather bullish argument. Except, maybe it doesn't. We've seen moves of this size and speed before end up topping out (and not that long ago). We also can't overlook the fact that the...
Thanks to Friday's 0.26% advance, the S&P 500 is now up 8.4% from its early October low… and deeper into record high territory. That makes for a rather bullish argument. Except, maybe it doesn't. We've seen moves of this size and speed before end up topping out (and not that long ago). We also can't overlook the fact that the...
How does the old saying go? Nothing last forever? That's certainly been true among the so-called FANG stocks of late. Apple (AAPL), which could do little to help itself just a few months ago, has been on a tear. Meanwhile, market-darling Amazon (AMZN) continues to fall out of favor. It's not quite in the same trouble Netflix (NFLX) found itself...
How does the old saying go? Nothing last forever? That's certainly been true among the so-called FANG stocks of late. Apple (AAPL), which could do little to help itself just a few months ago, has been on a tear. Meanwhile, market-darling Amazon (AMZN) continues to fall out of favor. It's not quite in the same trouble Netflix (NFLX) found itself...
The market may haves pushed a little deeper into record-high territory on Thursday, but once again, the higher it goes the weaker it gets. Participation in the bullish effort is fading fast, even if that doesn't appear to be the case with just a quick, first glance. Thursday's 0.27% gain from the S&P 500 may have been off the intraday...
The market may haves pushed a little deeper into record-high territory on Thursday, but once again, the higher it goes the weaker it gets. Participation in the bullish effort is fading fast, even if that doesn't appear to be the case with just a quick, first glance. Thursday's 0.27% gain from the S&P 500 may have been off the intraday...
– Worst isn't over, as gold timers are still excessively bullish – By Mark Hulbert, MarketWatch The gold market's exuberance is catching up with the yellow metal. Gold prices were down more than 1.5% in trading on Thursday, building on earlier losses. All told, bullion is now almost $100 lower than where it stood two months ago, when I argued...
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