By Evelyn Cheng, CNBC Individual investor optimism jumped to a nine-year high in November, according to the Wells Fargo/Gallup Investor and Retirement Optimism Index published Tuesday. The 96 read last month marked the third straight quarterly rise and was up from 79 in the third quarter, the survey said. The last time the index approached the November level was before...
Merely judging from the headlines, one would expect BlackBerry Limited (BBRY) shares to be soaring today. The struggling smartphone maker managed to not only top analysts' earnings estimates for the recently-completed fiscal third quarter, but upped its full-year earnings guidance as well. Its software ambitions are panning out; there's measurable growth there. And yet, BBRY shares are only up a...
Be prepared for prices and sentiment to roll over By Michael Sincere, MarketWatch I’m looking forward to the second season of “Stranger Things,” the excellent Netflix science fiction series about a group of children from Indiana who encounter some odd occurrences in their hometown in 1983. I can’t help but notice there are strange things happening to the stock market...
It's finally here. After a long, exhilarating six months, all those shares of Twilio (TWLO) owned by insiders in its major initial investors in the late-June IPO are going to become free-trading shares as of Tuesday, allowing those holders to sell their positions and walk away with — despite a 58% pullback from September's high — a solid 100% profit…....
Santa Claus may skip Wall Street this year as stocks have been too good. By Sue Chang, MarketWatch When Santa Claus hitches up Rudolph for his annual Christmas route this year, he may well skip Wall Street, not because stocks have been naughty but because they’ve been so good. At least that is the bold forecast among some analysts who...
Weekly Market Outlook – December 18th, 2016 Despite a couple of tries, the bulls could never quite achieve escape velocity last week, perhaps a bit stunned and a little concerned not about the rate hike (that was pretty much a foregone conclusion), but by the fact that the Fed's current plans include not two but three more rate increases in...
Most of the time a successful option trade means making the right call about a particular stock or index's future, and then determining which option (or options) would find the optimal balance between risk and reward. Sometimes though, circumstances simply make it impossible to make a decent buck even if you make the right call. This was one of those...
By Mohamed A. El-Erian, Bloomberg This Fed Day was an unusual experience: I was in Dubai, which meant the Open Market Committee announcement came at 11 p.m., and the press conference that followed didn't end until after midnight. The time difference provided an unusual sense of distance from the often frantic atmosphere that typically follows a policy announcement by the...
Think the bullishness since Donald Trump's election has been oddly bullish? It's been an oversized gain to be sure, but nothing terribly shocking. In fact, as overbought as the market may still be even after Wednesday's stumble on the heels of the Fed's rate hike, history says that a significant correction isn't necessarily in the cards. Yes, as far as...
By Leslie Shaffer, CNBC The dollar could continue to lap other currencies after surging in the wake of the U.S. Federal Reserve's interest rate hike on Wednesday. After the Fed's call, the dollar index, which measures the greenback against a basket of currencies, jumped as high as 102.62, its highest since 2003, from under 101 before the decision. At 9:23...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
