Not surprisingly, June's employment report needs some explaining. What you know. Last month, the U.S. economy added/created 213,000 new jobs, versus expectations of only 190,000. And, despite job growth, the unemployment rate edged a little higher, from 3.8% to 4.0%. The pros were expecting another read of 3.8%. Few would argue that June's numbers weren't "good" overall, but were lamentable ...
Not surprisingly, June's employment report needs some explaining. What you know. Last month, the U.S. economy added/created 213,000 new jobs, versus expectations of only 190,000. And, despite job growth, the unemployment rate edged a little higher, from 3.8% to 4.0%. The pros were expecting another read of 3.8%. Few would argue that June's numbers weren't "good" overall, but were lamentable ...
– Extreme outperformance by momentum stocks tends to presage a downturn – By Ryan Vlastelica, MarketWatch For U.S. stock-market investors, one strategy in particular has worked in 2018: the same thing that has been working. Momentum investing, or the idea that stocks that have recently risen will continue their trend over the medium term, has been one of the strongest...
– Extreme outperformance by momentum stocks tends to presage a downturn – By Ryan Vlastelica, MarketWatch For U.S. stock-market investors, one strategy in particular has worked in 2018: the same thing that has been working. Momentum investing, or the idea that stocks that have recently risen will continue their trend over the medium term, has been one of the strongest...
By Keris Lahiff, CNBC The Dow just ended the quarter with its weakest gains since 2006, as uncertainty over trade policy kept investors on the back foot. However, one market bull is sticking with his forecast for big gains into year-end, but not before more of the same jerky trading through the rest of the summer. "The month of July...
By Keris Lahiff, CNBC The Dow just ended the quarter with its weakest gains since 2006, as uncertainty over trade policy kept investors on the back foot. However, one market bull is sticking with his forecast for big gains into year-end, but not before more of the same jerky trading through the rest of the summer. "The month of July...
Despite Thursday's bounce and Friday's half-hearted effort to follow through on that move, stocks just logged their second consecutive losing week. Indeed, Friday's failed follow-through is extra alarming, in that the bulls had their chance to get things going again, but ultimately yielded to the bears. There are still some technical support levels that could get in the way of...
Despite Thursday's bounce and Friday's half-hearted effort to follow through on that move, stocks just logged their second consecutive losing week. Indeed, Friday's failed follow-through is extra alarming, in that the bulls had their chance to get things going again, but ultimately yielded to the bears. There are still some technical support levels that could get in the way of...
By Keris Lahiff, CNBC Emerging markets are feeling the heat. China is in a bear market, Brazil is closing in on one, and the EEM emerging markets ETF could close out its worst quarter in nearly three years on Friday. Brace for more pain, says one technical analyst. "There's really a time to own EEM and it's time not to...
By Keris Lahiff, CNBC Emerging markets are feeling the heat. China is in a bear market, Brazil is closing in on one, and the EEM emerging markets ETF could close out its worst quarter in nearly three years on Friday. Brace for more pain, says one technical analyst. "There's really a time to own EEM and it's time not to...
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