Weekly Market Outlook – It’s Now or Never For Year-End Bullishness

Though Thanksgiving was last week, investors had little to be thankful for. In just four (well, three and a half) trading days, the S&P 500 managed to lose 1.2%, essentially retesting the lows made in late October. Hopes that the rebound effort that got going on in early November would actually go somewhere have been soundly dashed. That doesn't mean...

Weekly Market Outlook – It’s Now or Never For Year-End Bullishness

Though Thanksgiving was last week, investors had little to be thankful for. In just four (well, three and a half) trading days, the S&P 500 managed to lose 1.2%, essentially retesting the lows made in late October. Hopes that the rebound effort that got going on in early November would actually go somewhere have been soundly dashed. That doesn't mean...

Goldman is tracking for its worst month in six years, and one technical analyst says it’s going to get worse

By Keris Lahiff, CNBC Scandal-plagued Goldman Sachs has sunk deep into a bear market. Losses accelerated this month following allegations of financial misdeeds regarding the Malaysian government investment fund 1MDB. Regulatory uncertainty surrounding the scandal prompted Morgan Stanley to downgrade its rating to equal weight. Its stock has dropped 14 percent in November, putting it on track for its worst...

Goldman is tracking for its worst month in six years, and one technical analyst says it’s going to get worse

By Keris Lahiff, CNBC Scandal-plagued Goldman Sachs has sunk deep into a bear market. Losses accelerated this month following allegations of financial misdeeds regarding the Malaysian government investment fund 1MDB. Regulatory uncertainty surrounding the scandal prompted Morgan Stanley to downgrade its rating to equal weight. Its stock has dropped 14 percent in November, putting it on track for its worst...

Weekly Market Outlook – A Good Start, But It’s ONLY a Start

The trading week certainly started on the wrong foot, but the bulls didn't let things tumble out of control before stepping back in. The buyers were able to lock in a huge reversal on Thursday, and we got some pretty good follow-through on the effort with Friday's trading. The indices aren't back above the major lines in the sand we...

Weekly Market Outlook – A Good Start, But It’s ONLY a Start

The trading week certainly started on the wrong foot, but the bulls didn't let things tumble out of control before stepping back in. The buyers were able to lock in a huge reversal on Thursday, and we got some pretty good follow-through on the effort with Friday's trading. The indices aren't back above the major lines in the sand we...
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