– The good news: Hitting the 200-week average is highly unlikely. Now for the bad news – By Quentin Fottrell, MarketWatch It seems like only yesterday that millennials were sharing their 401(k) accounts online, telling the world they were millionaires on paper. Well, it was. Or last week, to be exact. And what a week it was. Some said the...
– The good news: Hitting the 200-week average is highly unlikely. Now for the bad news – By Quentin Fottrell, MarketWatch It seems like only yesterday that millennials were sharing their 401(k) accounts online, telling the world they were millionaires on paper. Well, it was. Or last week, to be exact. And what a week it was. Some said the...
Kaboom. Just like that, when many traders were "buying on the dip," the market reminded everyone why they can't afford to get cocky or presumptuous. Last week's 7.9% setback was the biggest weekly loss since 2009. Nobody was really ready for the sheer scope of it, though plenty of traders had a sneaking suspicion something like it was coming sooner...
Kaboom. Just like that, when many traders were "buying on the dip," the market reminded everyone why they can't afford to get cocky or presumptuous. Last week's 7.9% setback was the biggest weekly loss since 2009. Nobody was really ready for the sheer scope of it, though plenty of traders had a sneaking suspicion something like it was coming sooner...
By Keris Lahiff, CNBC As the market sell-offs roll on, Wall Street's biggest name has sustained some of the least damage. Apple is one of the best equipped to weather any more market turmoil headed its way, says Gina Sanchez, CEO of Chantico Global. "You could hide out in Apple as this kind of melts down around because it is...
By Keris Lahiff, CNBC As the market sell-offs roll on, Wall Street's biggest name has sustained some of the least damage. Apple is one of the best equipped to weather any more market turmoil headed its way, says Gina Sanchez, CEO of Chantico Global. "You could hide out in Apple as this kind of melts down around because it is...
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,...
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...
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