You know you've just seen something amazing when observers qualify it as "the first time it's happened since XXX,", and that XXX is a time measurement numbered in years. To that end, this past week's market meltdown is amazing, as it was the biggest weekly meltdown since 2009. The S&P 500 fell roughly 7% (on a close-to-close basis) last week,...
– Optimism has fallen by a total of 17.1 percentage points over the past three weeks – By Ryan Vlastelica, MarketWatch Investor pessimism has spiked in the past week, according to the latest AAII Investor Sentiment Survey, which showed bearishness hitting a three-month high. According to the weekly survey, 35% of investors described themselves as bearish, meaning they expect stocks...
– Optimism has fallen by a total of 17.1 percentage points over the past three weeks – By Ryan Vlastelica, MarketWatch Investor pessimism has spiked in the past week, according to the latest AAII Investor Sentiment Survey, which showed bearishness hitting a three-month high. According to the weekly survey, 35% of investors described themselves as bearish, meaning they expect stocks...
– Decline merely takes market cap back to December level – By Ryan Vlastelica, MarketWatch The sharp selloff in the U.S. stock market may feel like a gut punch to investors who have gotten used to steady gains and low volatility, but the move lower isn't so extreme when put into context. The drop on Monday represented the largest one-day...
– Decline merely takes market cap back to December level – By Ryan Vlastelica, MarketWatch The sharp selloff in the U.S. stock market may feel like a gut punch to investors who have gotten used to steady gains and low volatility, but the move lower isn't so extreme when put into context. The drop on Monday represented the largest one-day...
By Keris Lahiff, CNBC Wall Street is breathing a sigh of relief after two sessions of plunges. After starting Tuesday deep in the red, the Dow traveled a range of 1,100 points and in and out of positive territory. Then, it rallied to close near session highs and with its best one-day point gain – almost 600 points – since...
By Keris Lahiff, CNBC Wall Street is breathing a sigh of relief after two sessions of plunges. After starting Tuesday deep in the red, the Dow traveled a range of 1,100 points and in and out of positive territory. Then, it rallied to close near session highs and with its best one-day point gain – almost 600 points – since...
For months, traders have been counting on more of the same muted market action… not too hot, and not too cold. Just slow and steady gains without a lot of noise. Indeed, things were so calm for so long, the industry developed products specifically designed to bet on continued involatility. Big mistake. Out of nowhere (though it's never really out...
For months, traders have been counting on more of the same muted market action… not too hot, and not too cold. Just slow and steady gains without a lot of noise. Indeed, things were so calm for so long, the industry developed products specifically designed to bet on continued involatility. Big mistake. Out of nowhere (though it's never really out...
It's a bit ironic, really, when you stop to think about it. Just a couple of weeks ago some pundits were calling more a market meltup, touting the number of weeks the S&P 500 had gone without a correction of 5% (or more), suggesting it would never happen again. As of Monday's drubbing, the S&P 500 has lost more than...
