|Day's Range||38.58 - 39.19|
Rather than describing the U.K.'s decision to allow Huawei to build out its 5G network, Purdy said it merely marks a "very small step in a process which began 15 years ago." The implementation of certain restrictions on Huawei, including a ban near military or sensitive sites, is an "appropriate approach" for the government that balances its concerns with the needs to include leading technology parts. In addition, sharing classified and secret information between allies shouldn't be an issue for the U.K. government since Huawei will only be limited to the radio access part of the network, he said. An unnamed U.S. "senior administration official" told CNBC's Eamon Javers the Trump administration is "disappointed" with the U.K.'s decision to grant Huawei access to build part of its 5G network.
Instead of interpreting how to trade the markets into a market deep in the red, the primary focus on Tuesday's PreMarket Prep Show was how to approach markets firmly in the green. Fear Of Missing Out Is ...
Wall Street slumped greatly to start the week. Is it a sign of the beginning of a correction? Bet on the top-ranked ETFs that are on sale.
Massive injections of liquidity from central banks are raising stock prices and lowering volatility, despite weak fundamentals. A reversal is likely.
If the S&P 500 index stays above the key 3,200 level it will be seen as a "very good" sign, TD Ameritrade's Chief Market Strategist J.J. Kinahan said on CNBC. As such, recent gains were also in part the result of multiple contractions, which implies the market is merely re-rating back down.
Everyone is a genius in a bull market, but when the markets get volatile, that's when you need to listen to Benzinga's PreMarket Prep Show. The continued concern over the outbreak of the coronavirus dominated the content of today's show.
Uber Technologies, Inc. (UBER) was muscling in on their territory. This reminds me of everyone buying stocks. The Russell 2000 rebalances, which makes the index more equally weighted compared to the S&P and NASDAQ.
History does not always repeat itself in the stock market, but it is always instructive. There is a mania going on in the stock market, but not in the terms you would think. Before you send me hate mail for raining on the parade, remember that The Arora Report gave a signal to buy stocks on Donald Trump’s election when many analysts were saying sell.
U.S. markets and stock ETFs tumbled Friday as the threat of the coronavirus outbreak weighed on investor sentiment. On Friday, the Invesco QQQ Trust (QQQ) was down 0.6%, SPDR Dow Jones Industrial Average ETF (DIA) fell 0.7% and SPDR S&P 500 ETF (SPY) dropped 0.9%. “It has taken the wind out of the market, because for now other than (Intel and American Express) we have stocks coming under some selling pressure,” Peter Cardillo, chief market economist at Spartan Capital Securities, told Reuters.
Modern markets have evolved into vastly complicated organisms with thousands of data points competing for attention. It's our job to transform this information flood into an efficient set of charts, tickers, indexes and indicators that support our profit objectives. Part of this task requires observation of broad market forces, while the balance demands a narrow focus on specific securities used to execute our strategies.
Last week set a seven-year record for the amount of money flowing into bond funds, according to the Investment Company Institute, and catastrophic macro events are largely to thank. Coronavirus Scare In ...
The coalition, which includes 20 states and the District of Columbia, filed the lawsuit in U.S. District Court in Seattle on Thursday. The plaintiffs in Thursday’s lawsuit argue that easy online accessibility of 3D-printed gun blueprints could increase the use of so-called ghost guns, leading to increased gun violence in the United States. “Ghost guns endanger every single one of us,” said New York Attorney General Letitia James in a statement.
U.S. markets and stock ETFs recovered from their early morning stumble after mixed earnings results and updates on the coronavirus outbreak in China unsettled investors. On Thursday, the Invesco QQQ Trust (QQQ) was up 0.3%, SPDR Dow Jones Industrial Average ETF (DIA) fell 0.1% and SPDR S&P 500 ETF (SPY) gained 0.1%. “It feels like the coronavirus story is a convenient excuse to take a little profit, sit back and reassess,” David Lafferty, chief market strategist at Nataxis Investment Managers, told Reuters.
Passive funds might be the most optimal choice, but not necessarily the definite choice. “I would be very careful with saying "definite" because very few things in investing are,” said Alex Bryan of Morningstar. “So large-cap stocks are a really good candidate for index funds because these tend to be areas of the market where the index is a representative of how active managers invest,” added Bryan.