|Day's Range||3,318.86 - 3,329.88|
|52 Week Range||2,612.86 - 3,329.88|
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fueled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.
The U.S. stock market seems risky now because valuations are rich, as sentiment marches higher. Usually at such extremes, value stocks enter a sustained phase of outperformance — and that’s likely about to happen. “Ignore value at your peril,” says John Linehan, chief investment officer of equity at mutual-fund giant T. Rowe Price Group.
Where is this stock market head in the coming days and weeks? That is the trillion-dollar question some nervous strategists, analysts and traders are wrestling with, following a relatively brisk rally for equities to kick off 2020.
The U.S. stock market has enjoyed a nearly uninterrupted assault on records, highlighted by the Dow Jones Industrial Average (DJIA) closing at a milestone above 29,000 for the first time and the S&P 500 (SPX) achieving its own landmark close above the psychological round-number at 3,300, while investors in the Nasdaq Composite Index (COMP) may have their sights trained on 10,000.
DnB nearly tripled its investment in Intel stock in the fourth quarter. The bank also sold nearly half of its stake in AMD stock.
Given the current chart pattern and the close at 3325.00, the direction of the March E-mini S&P; 500 Index on Monday is likely to be determined by trader reaction to Friday’s close. Taking out 3330.25 then closing lower for the session will form a closing price reversal top.
The search engine joined technology peers Apple, Amazon and Microsoft in crossing the prized market threshold, driven up by investors’ appetite for their shares. The broader stock market too has hit a record as valuations responded to the truce between the US and China on trade and surging profits from Wall Street banks.
The better-than-expected economic data demonstrated the resilience of the U.S. consumer in keeping the current economic expansion alive, and the solid corporate earnings from U.S. banks points toward the importance of the Fed holding interest rates at favorable price levels.
Want to improve your investment results? The deadly sins below are not only among the most serious financial transgressions, but also they’re among the most common. Pride: Thinking you can beat the market by picking individual stocks, selecting actively managed funds or timing the market.
What happens in the stock market when price acceleration goes vertical and investor complacency reaches extreme levels? Typically, bad things, according to Lance Roberts, chief investment strategist at RIA Advisors.
“When pigs squeal, feed them.” Brad Lamensdorf, portfolio manager for AdvisorShares Ranger Equity Bear ETF, used that expression to describe what he sees in his “Chart of the Week,” which, he says, should have investors hearing alarm bells.
Make no mistake, this market move is not normal, and is not something which should be able to continue technically into and through February without a major hiccup, according to technical analyst Mark Newton
The bull market can’t possibly last another 10 years, right? It absolutely can, according to Nick Maggiulli, who examined what he calls the “investor’s fallacy” in a post on his “Of Dollars and Data” blog.
The New York Democrat tweeted her thoughts on “inequality in a nutshell,” in a response to NBC’s coverage of a fresh high for the Dow Jones Industrial Average on Friday.
Despite enjoying the longest-running bull market in history, most preretirees have a substantial retirement savings shortfall. The average 65-year-old in the U.S. will outlive their savings by almost a decade, according to a new report by the World Economic Forum. Studies show most people have few assets outside of their market-based retirement accounts and any home equity they may have.
There’s always an reason to sell, especially if you’re a regular consumer of financial news. Disaster looms around every corner, so say the clickiest headlines. But reasons to buy? Well, those are a bit trickier to track down.
Award-winning forecaster Jim O’Sullivan of TD Securities warns that the best days of this 10-year economic expansion are behind us.
Bitcoin’s price surged nearly 98% in 2019, as measured by futures traded on the CME Group Inc. and is up 23% so far this year. Here’s why.
DEEP DIVE The monetary forces that have helped feed the bull market are so strong that scores of stocks have risen significantly over the past year even as the companies themselves have been losing money.
More concerns about software in the grounded jet drove Boeing shares down Friday. The level of uncertainty swirling around Boeing shares is “unprecedented.”
After 20 years of slow growth — dictated by halting productivity advances and volatile labor force participation — artificial intelligence (AI) and 5G are about to unleash progress. The sustainable P/E on U.S. equities will likely continue to trend up, because America remains the best place to invest.
Legendary investor Howard Marks likes to analyze probabilities and he's determined that when it comes to the stock market, chances of healthy, future returns are falling, he said in an interview with Bloomberg Television.
These stocks have low price-to-earnings valuations relative to the S&P 500 that also appear likely to continue raising their dividend payouts more quickly than the broad market.
The earnings recession of 2019 will soon be over, as history suggests investors can count on a fourth-quarter comeback that flips the earnings growth outlook to positive from negative.