The stock market is often a game in reverse psychology. That is, when the mood gets too euphoric, it’s often a sign it is time to sell. Likewise, when sentiment hits the skids, that could be the ultimate signal the time is right to load up the truck. And on that subject, J.P. Morgan’s Marko Kolanovic thinks we are at – or at least near – the bottom. The firm’s global market strategist believes the Fed’s hawkish stance has left stocks “very oversold,” and while inflation remains persistently high
Elon Musk's group delivered fewer vehicles to customers than expected in Q3 and faced unexpected costs.
Buy and hold forever? Not always.
The bear market in software stocks has already lasted far longer than the typical decline, according to MoffettNathanson,
Futures rise with the bear market at lows. Tesla deliveries hit a record in Q3, but fell well short of Q3 views. China EV makers reported too.
The stock market sell-off of 2022 led to a sharp decline in the value of some high-profile names that once traded at (or near) the eye-popping market cap of $1 trillion. Tesla (NASDAQ: TSLA) and Meta Platforms (NASDAQ: META) are two big tech names that became trillion-dollar companies before the broad market sell-off dented their market caps significantly. Tesla, for instance, currently has a market cap of $840 billion.
Chrome's controversial new Manifest V3 extension platform is coming in 2023.
The Bank of England has been liaising with Swiss authorities after an attempt by Credit Suisse to calm nerves instead stoked fears of further turbulence in the financial system.
(Bloomberg) -- Oil surged in early Asian trading after delegates said OPEC+ was considering cutting output by more than 1 million barrels a day when the group meets this week to stem a slide in prices.Most Read from BloombergCredit Suisse CEO Seeks to Calm Markets as Default Swaps ClimbGazprom Halts Gas Supplies to Italy in Latest Energy BattleGet Ready for Another Bear-Market Rally, Strategist Emanuel SaysTesla Deliveries Miss Estimates, Slowed by Logistic SnarlsOPEC+ to Consider Output Cut of
This has not been a good time for Ford (NYSE: F) stock; its price is down nearly 44% year to date as bad feelings have taken hold among analysts. Ford expects its third-quarter inflation-related supplier costs to run $1 billion higher than expected as a number of high-margin trucks and SUVs, with missing components due to supply shortages. Menawhile, Ford president Jim Farley has reorganized his executive lineup once again.
If this indicator, which has called bear market bottoms before, is accurate, the stock market would have a lot further to fall.
Wharton professor Jeremy Siegel rips the Fed in a Yahoo Finance Live interview.
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Since the start of the year, mortgage rates have been trending upwards — and according to many experts, this trend will likely continue through October. Echoing that sentiment, Kate Wood, home expert at NerdWallet, says interest rates for 30-year fixed-rate loans appear to be staying over 6% and products like the 15-year fixed and the 5-year ARMs are averaging over 5%.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. MarineMax Inc. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
Oil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week to support the market. Oil prices have tumbled for four straight months since June as COVID-19 lockdowns in top energy consumer China hurt demand while rising interest rates and a surging U.S. dollar weighed on global financial markets. To support prices, the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, are considering an output cut of 0.5 million to 1 million bpd ahead of Wednesday's meeting, OPEC+ sources told Reuters.
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