|Day's Range||1,510.41 - 1,530.00|
|52 Week Range||1,436.43 - 1,742.09|
In fact if you do a Google search for "Death Cross on Small Caps" you will get about 34,900,000 results. Nearly 35 million citations! Unbelievable that a technical approach could get that much notice. Over the past 45 years that I have been actively involved in the markets I have found that when too many people look at the same thing like a supposed head-and-shoulders pattern on Treasury Bonds or a death cross on small caps, the signal doesn't work or doesn't play out the way they believed or hoped for.
Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday.
U.S. stock indexes closed mostly higher Friday after another day of volatile trading. A late-afternoon wave of buying gave the S&P 500 its second gain in a row, although the benchmark index ended the week ...
A late afternoon wave of buying moved U.S. stocks higher Thursday. Even so, the market was on course to finish with a steep weekly loss. Gains in health care and energy companies powered the market higher. It also got a brief boost earlier after President Donald Trump expressed optimism that the U.S. and China will reach a deal to resolve their costly trade dispute. The remarks came as representatives of both countries have resumed talks.
World markets were subdued on Friday as trade tensions and political risks surrounding Britain's exit from the European Union kept investor cautious. KEEPING SCORE: France's CAC lost 0.2 percent to 5,021 ...
Stocks closed higher on Wall Street Thursday, breaking a five-day losing streak for the market. Gains in technology companies and banks drove an afternoon rally, offsetting losses in retailers, homebuilders, ...
SINGAPORE (AP) — Shares were mixed in early trading in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China.
The stock market lost its mojo in September, and price action since has been pretty ugly. Does this mean the 2009 bull market is over? Based on Elliott Wave theory, the S&P 500 was getting close to completing a 5-wave advance from the February 2016 low.
Walmart Inc. (NYSE: WMT) became the latest major store to exceed earnings estimates Wednesday, and shares of the company climbed in pre-market trading. Walmart earnings of $1.08 per share beat third-party consensus of $1.01, while revenue of $124.9 billion came in just shy of estimates. WMT’s strength follows solid results earlier this week from Home Depot Inc. (NYSE: HD) and Macy’s Inc. (NYSE: M).
The relative performance of small-caps versus large-caps has been trendless since 2005, the longest such period in at least 90 years
The Russell 2000 Index of smaller firms fell 0.8 percent Wednesday, capping a five-day decline that erased its year-to-date gain for a second time in as many months. Fundamentals are going against small firms, Citigroup said. Dips in earnings estimates have been more evident than large-caps and with higher leverage, smaller firms are more vulnerable to rising interest rates.
Relative immunity from tariffs had been the thesis that helped propel the small-cap Russell 2000 to highs in August, but as a less-than-stellar earnings season comes to a close, some market participants are questioning whether the thesis holds water.
A closely followed gauge of small-capitalization stocks is a hair’s breadth of realizing a bearish pattern.
BEIJING (AP) — Most Asian stock markets declined Thursday after Wall Street fell for a fifth day and Britain's Cabinet endorsed a draft agreement to leave the European Union.
Small-cap stocks just entered the dreaded death cross, a technical development that traditionally suggests weakness ahead for an asset. And if history is any indication, that may signal trouble for the broader market.
LONDON (AP) — Concerns about political developments in Britain and Italy kept a lid on global stock markets on Wednesday. Meanwhile oil prices recouped some lost ground.
FT subscribers can click here to receive Market Forces every day by email. A slowing global economy outside the US has challenged investors and duly shaken commodity, bond and equity markets. Stalling momentum for the global economy was certainly on display on Wednesday as both Japan and Germany experienced larger than forecast contractions in economic activity during the third quarter of this year.
Most stock funds fell an average of 7.9%, a plunge that eradicated all the 2018 gains accrued. Indeed, the damage done to all stock funds put the total return of all U.S. mutual stock funds and ETFs at an embarrassing 0.0%, according to data from Lipper. During the first eight months of the year, the S&P 500 index logged a gain of 8.5%, while the Russell 2000 rose 13.4%.
When the stock market's direction is especially uncertain, stock charts can be road maps, and now some are sending warnings. The S&P 500 closed below its 200-day moving average for a second day Tuesday, the sign of a possible trend change, while the small-cap Russell 2000 appears to be heading for a negative "death cross" formation. Market bellwether Apple closed below its 200-day moving average Tuesday, and if it stays there, strategists say it could take another leg lower and signal more negative sentiment for tech and the broader market.
Since its most recent peak on 8/31/18--which was also an all-time high--the small-cap Russell 2000 Index fell 12.5% through 11/12/18 after hitting its most recent low on 10/24/18. Warning! GuruFocus has detected 3 Warning Signs with KOP.
Even though the markets experienced a big drop in October, some analysts say they expect to see a rebound to close the year. Yahoo Finance’s Alexis Christoforous and Banyan Hill Research Senior Analyst Ian King discuss.
British Prime Minister Theresa May holding an emergency cabinet meeting as the UK and EU reach a deal on Brexit. Yahoo Finance's Adam Shapiro, Seana Smith, Andy Serwer, and Alanna Petroff discuss.
Markets turn downward as tech stocks continue slide. Yahoo Finance's Seana Smith and Adam Shapiro talk with Scott Gamm at the NYSE.