By Chris Vermeulen, TheTechnicalTraders.com Everyone wants to know if this selloff has reached a low or bottom yet and what to expect over the next 30~60+ days. Since October, the US stock market has reacted to the US Fed raising rates above 2.0% with dramatic downward price moves. The latest raise by the US Fed resulted in a very clear...
By Chris Vermeulen, TheTechnicalTraders.com Everyone wants to know if this selloff has reached a low or bottom yet and what to expect over the next 30~60+ days. Since October, the US stock market has reacted to the US Fed raising rates above 2.0% with dramatic downward price moves. The latest raise by the US Fed resulted in a very clear...
We mentioned a week ago that the selling effort had taken on a self-sustaining life of its own. The more the bears sold, the scarier things got, causing more people to sell, inciting more exits… you get the idea. That reality continued to gel last week, although it had more help than most anyone is talking about. Friday was a...
We mentioned a week ago that the selling effort had taken on a self-sustaining life of its own. The more the bears sold, the scarier things got, causing more people to sell, inciting more exits… you get the idea. That reality continued to gel last week, although it had more help than most anyone is talking about. Friday was a...
Just when you think things can't get any worse for stocks, the get worse. Friday's 2.08% tumble for the S&P 500 topped off 7.0% loss for the index, and continued the losing streak to seven days. Stocks are now down 17.7% from their September high, though the NASDAQ is actually off by more than 20% from its peak. It looks,...
Just when you think things can't get any worse for stocks, the get worse. Friday's 2.08% tumble for the S&P 500 topped off 7.0% loss for the index, and continued the losing streak to seven days. Stocks are now down 17.7% from their September high, though the NASDAQ is actually off by more than 20% from its peak. It looks,...
By Tyler Bailey, CNBC The longest-running bull market of all time is on thin ice as the major indices sit in correction territory. The S&P, Dow and Nasdaq have all plunged more than 10 percent from their respective highs as trade skirmishes and the Fed have kept investors on edge. Four experts weigh in on whether this historic bull run...
By Tyler Bailey, CNBC The longest-running bull market of all time is on thin ice as the major indices sit in correction territory. The S&P, Dow and Nasdaq have all plunged more than 10 percent from their respective highs as trade skirmishes and the Fed have kept investors on edge. Four experts weigh in on whether this historic bull run...
By Mark DeCambre, MarketWatch Treasury Secretary Steven Mnuchin has weighed and measured the recent destruction that put the Dow Jones Industrial Average on track for its worst December since 1931, and he appears to have drawn his own conclusions as to the impetus. Mnuchin during a Tuesday interview with Bloomberg News in Washington said that the effect of the financial-crisis-era...
By Mark DeCambre, MarketWatch Treasury Secretary Steven Mnuchin has weighed and measured the recent destruction that put the Dow Jones Industrial Average on track for its worst December since 1931, and he appears to have drawn his own conclusions as to the impetus. Mnuchin during a Tuesday interview with Bloomberg News in Washington said that the effect of the financial-crisis-era...
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