SPY - SPDR S&P 500 ETF
289.58 -0.44 (-0.15%)
After hours: 7:02PM EDT
| Previous Close | 292.33 |
| Open | 291.77 |
| Bid | 289.72 x 1400 |
| Ask | 289.51 x 1100 |
| Day's Range | 289.95 - 292.36 |
| 52 Week Range | 233.76 - 302.23 |
| Volume | 45,970,561 |
| Avg. Volume | 70,282,898 |
| Net Assets | 277.5B |
| NAV | 292.31 |
| PE Ratio (TTM) | N/A |
| Yield | 1.82% |
| YTD Return | 18.05% |
| Beta (3Y Monthly) | 1.00 |
| Expense Ratio (net) | 0.09% |
| Inception Date | 1993-01-22 |
- Yahoo Finance
Argus Daily Technical Analysis: S&P 500 in No Man’s Land
The stock market continues to bounce around like a rubber ball in a small room. The S&P 500 remains in no man's land between its 50-day moving average at 2,946 and its 200-day at 2,799, which has not been tested during the current pullback. With Monday's rally, we are back in a zone of pretty good short-term resistance marked by overhead supply in the 2,940 region from the two most-recent highs. In addition to the 50-day just above, the 21-day and 34-day exponential averages (EMA) sit right near current prices.
- GuruFocus.com
Baron Perspective: The Advantages of Global Investing
By Linda Martinson, president and COO Continue reading...
- GuruFocus.com
Royce Funds Commentary: Is It Time to Sell, Hold or Buy Small-Caps?
By Francis Gannon, co-chief investment officer and managing director: We think the currently tumultuous market is a bad time to abandon equities Continue reading...
- InvestorPlace
8 Biotech Stocks to Watch After the Q2 Earnings Season
Take a look at the Biotechnology ETF (NASDAQ:IBB) and investors will notice how badly the sector is underperforming. Though it is up by around 9% year-to-date, the S&P 500 (NYSE:SPY) is up by 15.6% while the Nasdaq (NASDAQ:QQQ) is up by 20%. Government scrutiny over drug pricing and the high-cost structure of the healthcare system in the U.S. is hurting biotech stocks, too.Company-specific news is also weighing on specific biotechnology stocks. Those are the ones investors should watch. But as disappointing developments send such stocks lower, which ones should investors buy or sell? Volatility is increasing in markets and is triggered by an inverted yield curve and trade tensions between the U.S. and China. This creates wider price movements for biotech stocks, opening up better entry and exit points for investors. * 10 Undervalued Stocks With Breakout Potential What are the nine biotech stocks to watch amid the uncertainties ahead?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Regeneron Pharmaceuticals (REGN)Source: Shutterstock Regeneron Pharmaceuticals (NASDAQ:REGN) started 2019 on a positive note when shares rose steadily and topped $440 by March. Since then, however, even a strong quarterly earnings report, posted on Aug 6, has failed to move the stock higher.Regeneron reported non-GAAP earnings per share of $6.02. GAAP EPS was $1.68 after revenue grew 19.9% Y/Y to $1.93 billion. Market share for EYLEA grew to 71% of net product sales. And Regeneron has a plan to develop Eylea's position in diabetic retinopathy. It is educating physicians and patients with the drug as a first-line anti-VEGF treatment.Sales of Dupixent, which treats patients suffering from Type 2 inflammatory diseases -- atopic dermatitis, asthma, and now chronic rhinosinusitis with nasal polyposis - grew 151% Y/Y. Net sales in Q2 was $557 million. Total prescriptions grew 30% sequentially, driven by the growth in approved indications. Its approval for treating atopic dermatitis for adolescents will ensure the drug's continued growth.Non-GAAP R&D expenses rose to $589 million, up from $470M Y/Y. Continued investments in its research platform and pipeline will pay off if the company's history is an indication.This report shows that Regeneron stock has substantial upside potential from here. If Dupixent sales continue growing in the 150% range, Regeneron stock trading at 12-times forward earnings is too low. Amarin (AMRN)Source: Shutterstock Amarin (NASDAQ:AMRN) was up over 30% year to-date -- until August 8. Then ARMN stock fell 23% after-hours when the FDA pushed back an advisory committee date for it's drug Vascepa.So markets will have to wait for the review and discussion of Amarin's supplemental marketing application seeking a cardiovascular benefit claim for Vascepa. But even without the label expansion, Vascepa's projected revenue is $400 million annualized. In Q2 2019, net total revenue was $100.8 million. Increased Vascepa prescription volume from prior and new prescribers lifted sales.The company also has plans to double its number of sales reps to 800 by October. This will allow them to expand the number of targeted healthcare professionals from ~50,000 to up to 80,000. Performing more sales calls to prescribers, assisting physicians in the familiarization with Vascepa, and a direct to consumer campaign will support product growth. And despite the FDA setback, Amarin raised its 2019 full-year revenue guidance to $380 million to $420 million. For the current Q3 period, the Vascepa normalized TRx will exceed 700,000. * 10 Mid-Cap Dividend Stocks to Buy Now On the balance sheet, Amarin has $661 million in cash and cash equivalents, lifted from a $440 million equity offering in July 2019. Since it will not need to sell more shares in the near future, investors only need to worry about the FDA decision next. Arena Pharmaceuticals (ARNA)Source: Shutterstock Arena Pharmaceuticals dipped to below $52.50 in the days following its earnings report posted on Aug. 8. The company reported an EPS GAAP loss of $1.24 as revenue fell 74.$ Y/Y to $1.02 million. Profits and revenue growth are not expected from Arena in the near future. It is still in the development stage. And although it has a promising pipeline cautious investors may want to avoid the stock for now.In the second quarter, the company highlighted its key clinical and regulatory goals. It started two trials: the etrasimod Phase 3 ELEVATE UC 52 trial and the olorinab Phase 2 CAPTIVATE trial. Etrasimod is an oral, once-daily selective sphingosine-1-phosphate (S1P) receptor modulator. The drug treats multiple immune and inflammatory diseases, such as ulcerative colitis. The Elevate UC 52 trial has a 12-week induction period followed by 40 weeks of maintenance. Arena started the trial in June. The Elevate UC 12 is also a 12-week trial that will be started at a later date.Arena spent $51.2 million in R&D in the second quarter, while SG&A totaled $18.4 million. The net loss was $1.24 a share, or $61.4 million. With cash and cash equivalents of over $1.2 billion, investors need not worry about the company issuing shares to raise cash in the near-term. CRISPR Therapeutics (CRSP)Source: Shutterstock Gene editing is a very hot area and CRISPR (NASDAQ:CRSP) stock's uptrend reflects that. CRISPR's mandate is to create transformative gene-based medicines for serious diseases. The company advanced CRISPR in the clinic with CTX001 in beta-thalassemia and sickle cell disease. The gene-edited allogeneic cell therapies -- CTX110, CTX120, and CTX131 -- are considered the next-generation immune-oncology platform. The company's solution enables regenerative medicine through the CRISPR/Cas9-edited allogeneic stem cells.CRISPR has a deep pipeline of programs, with most of them still in the research phase. Still, it has three programs in the clinical phase. After it completes enrollment, investors will have plenty of clinical data to interpret in the years ahead. Patients with Sickle Cell Disease (SCD) and beta-Thalassemia, both of which are a hemoglobinopathy, suffer from anemia, pain, and even early death. By editing the gene, the company aims to mimic variants of naturally occurring hereditary persistence of fetal hemoglobin.The first step of the clinical trial, following enrollment of 45 adult patients, is to assess the safety and efficacy of CTX001. Mice studies suggest it may achieve 80% allelic editing, over 90% of cells modified, and over 30% HbF. * Major Headlines Mean Opportunities for Smart Investors CRISPR is in a hot area of gene editing and if it can treat patients successfully, the value of the company will soar. United Therapeutics (UTHR)Source: Shutterstock United Therapeutics (NASDAQ:UTHR) stock enjoyed the $110 - $120 range up until March. Then the company's declining revenue growth in Q4/2018 began scaring off investors. But by the second quarter, performance improved. The company reported non-GAAP EPS of $3.63, $0.89 higher than consensus. GAAP EPS was $4.66. United Therapeutics reported revenue of $373.6 million, falling 16% from last year.Its prostacyclin product franchise (Remodulin, Tyvaso, and Orenitram), is being used by patients to treat pulmonary arterial hypertension. The company is advancing the drug delivery systems and has late-stage clinical programs in cardiopulmonary diseases. The company's management is set on tripling its business over the next few years. This is possible with a dozen products in its pipeline and many FDA-approved product platforms. It has three new Remodulin products in the pipeline, and after these products gain FDA approval, United's sales could triple.In the COPD and interstitial lung disease space, the company awaits for approval for Tyvaso. And new indications for Uptravi, which treats pulmonary hypertension, will also drive sales higher.In the near-term, generic competition for Remodulin is moderating in the U.S. and in the EU. And as new products come online, markets will realize UTHR stock at a forward P/E of 9.5 times is too low. Exelixis (EXEL)Source: Shutterstock Exelixis (NASDAQ:EXEL) posted Q2 results on July 31. Its non-GAAP EPS was $0.29, while GAAP EPS was $0.25, down 11% from last year. Cabometyx is its best-in-class TKI driving its growth. Revenue rose 29.1% Y/Y to $240.3 million. $46.6 million of that revenue came from collaboration. This included a $20 million milestone from Daiichi Sankyo for the commercial launch of Minnebro tablets for the treatment of hypertension.The company ended the quarter with cash and cash equivalents of $1.16 billion.Exelixis forecast COGS (cost of goods sold) to be between 4% and 5% of net product revenues. R&D expenses will be between $330 million and $350 million. SG&A will be between $220 million - $240 million.Exelixis has four ongoing pivotal trials. It initiated three Phase 3 studies since late 2018 and early 2019. The company is now actively enrolling patients worldwide. Management is optimistic with positive data from its ongoing pivotal trials in first-line RCC and first-line HCC refractory DTC. Investors also believe the company's strong prospects, although EXEL stock trades at a P/E of just 10.6 times.Exelixis increased expenses in the second quarter, with R&D spending up 93%. These efforts will pay off as the company wins more indications for Cabometyx. The drug is the number one prescribed for TKI in RCC. * 10 Undervalued Stocks With Breakout Potential In the near term, strong efficacy data and overall survival benefit numbers will drive demand for Cabometyx higher. Nektar Therapeutics (NKTR)Source: Shutterstock On Aug 9, Nektar Therapeutics (NASDAQ:NKTR) revealed a "softening in response rates" in its Phase 1/2 PIVOT-02 study. This evaluated NKTR-214 with Bristol-Myers Squibb's (NYSE:BMY) Opdivo. The problem is that two of its earliest production patches of bempeg were different than the other 20 batches produced. This would explain the outlier variances as more clinical data matured and became available.As a result of this discovery, Nektar developed a comprehensive control strategy to limit variances in raw materials. But it also means it may build new IP around the product using new assays and control strategies.On its conference call, the company said Bristol-Myers is still committed to the bempeg development program:They remain very committed to the bempeg development program, particularly in light of the recent breakthrough designation in melanoma and the tremendous opportunity for both companies. They are highly committed to the ongoing registrational trials in first-line melanoma, first-line urothelial cancer, and first-line renal cell carcinoma, as well as our new expansion cohort of second-line non-small cell lung cancer patients in PIVOT.NKTR shares may not rebound for a while until it reports updated data from its studies. Novo Nordisk (NVO)Source: Shutterstock Novo Nordisk (NYSE:NVO) is firing on all cylinders after reporting revenue growth of 9.6% Y/Y. Its diabetes and obesity reported combined sales growth of 10% and 6% and constant exchange rates. The company's product pipeline grew after it had a handful of product approvals and filings since May. For example, in Japan, it filed its semaglutide for treating Type II diabetes.For 2019, Novo forecast operating profit growth in the range of 4% to 6%.Novo's diabetes drug is a revenue growth driver. As the global diabetes market leadership rose to 28.3%. its insulin volume market share increased. Additionally, market share grew after Novo launched Ozempic in 18 European markets. In the U.S., Opempic's launch led to a stabilization in the TRx market share at around 45%.Sales of Saxenda, which is a weight-loss drug, increased 56% in the first half of 2019. Novo Nordisk's market share is 50%. And now that it has been launched in 43 countries, the company will invest in market development activities to drive sales.Although Novo stock is trading at close to its 52-week high, this is justified by the higher sales forecast. Investment opportunities and R&D activities starting in the second half of the year will ensure that the company maintains its pace of growth.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 8 Biotech Stocks to Watch After the Q2 Earnings Season appeared first on InvestorPlace.
- GuruFocus.com
The Changing Face of Debt
For investors, a simple US Core Bond Index fund looks nothing like it did in 2008. The changes in the type and quality of debt require some significant research by investors Continue reading...
- Investopedia
This Trade War Salvo Could Cause a Global Recession By Next Summer
Escalating trade tensions could precipitate a global recession as early as May 2020 in Morgan Stanley's bear case scenario.
- Investopedia
Bonds Retreat but Market Still Shows Anxiety
Bond prices pulled back, but nervous investors bought into the dip. Bellwether stocks display the conflict between buyers and sellers.
- Zacks
Pre-Markets Surge to Start the Week; Estee Lauder (EL) Beats
Major U.S. indexes are swelling in today's early session, continuing from last week's climb up off the canvas following the worst trading day of the year on Wednesday.
- Investopedia
A Few Reasons an Inverted Yield Curve Is Bullish
Despite headlines painting the yield curve inversion as a major red flag, there are plenty of reasons to be bullish on U.S. stocks.
- Investopedia
Sharp Rally Ends the Week's Roller Coaster Ride
The S&P 500 bounced off support but remains vulnerable. The yield curve emerged from inversion, and the yuan remains low vs. the dollar.
- InvestorPlace
Stock Market Today: Is GE a Fraud or a Screaming Buy?
What's more wild, the story unfolding with General Electric (NYSE:GE) or the volatility in the stock market?Headline after headline has been wreaking havoc on the broader markets, as volatility remains elevated and as investors try to figure out their next step. Trade war worries, imploding foreign stock markets and recession concerns are engulfing the news flow.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCasual investors will at least like the news from the stock market today, where the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) rose 1.25%, the SPDR S&P 500 ETF (NYSEARCA:SPY) climbed 1.48% and the PowerShares QQQ ETF (NASDAQ:QQQ) jumped 1.61%.Amid that calamity, the story unfolding with General Electric is even more interesting. Is GE Stock a Sham or a Buy?General Electric has been under pressure since it reported earnings. For months, readers here have been cognizant of $10.50 range resistance and $9 range support. The breakout never materialized and GE stock quickly sank down to support. * 10 Cheap Dividend Stocks to Load Up On It was an unimpressive showing, but not surprising given the volatility in the broader market and the suspect nature of GE's balance sheet. The most recent quarter showed that General Electric is inching its way out of trouble, but could still have some unknown risks, particularly with Boeing's (NYSE:BA) 737 issues.On Thursday, range support between $9 and $9.25 blew out, as reports began circulating that a whistleblower was sounding the alarm on GE's accounting practices. That whistleblower was Harry Markopolos, who also raised concern over Bernie Madoff before his ponzi scheme was uncovered.GE pushed back, saying it stands behind its financials and that it remains in a strong position of liquidity. GE even went as far as to say that Markopolos is being "compensated by unnamed hedge funds [that] are financially motivated to attempt to generate short selling in a company's stock."Wow, dramatic.It doesn't end there, though. GE CEO Larry Culp refuted the claims even more aggressively, calling it "plain and simple" market manipulation. He then went out and bought 2 million shares of GE stock!Analysts came out to GE's defense on Friday morning, as did the well-known short-seller of Citron Research, Andrew Left. The latter also corroborates GE's stance regarding hedge fund compensation, noting that, "As noted in the disclaimer on his site, Harry is being paid a % of profits from an unnamed hedge fund that is short GE. No credible hedge fund or short seller would ever do this."GE jumped almost 9% in response to Friday's news, (Here's the trade layout). Movers in the Stock Market TodayGE was an obvious mover on the day, but it wasn't the only one.Nvidia (NASDAQ:NVDA) rallied 7.5% on the day, showing some upside momentum after the company beat on earnings and revenue estimates. While the headline numbers look good and many believe in its long-term future, there are still some short-term concerns. Revenue sank 17.3% year-over-year and management expects third-quarter sales of $2.84 billion to $2.96 billion. Expectations were at $2.98 billion.Still, NVDA is on the move higher, which may be good news for bulls should the overall market start to rally too.Deere (NYSE:DE) stock was also on the move higher, climbing over 4% despite missing on bottom-line expectations. Earnings of $2.71 per share missed analysts' expectations by 13 cents. However, revenue of $10.04 billion handedly beat estimates by $660 million despite sinking 2.6% year-over-year.Shares of Palo Alto Networks (NYSE:PANW) were trading well on the day, up several percent before collapsing in the afternoon. PANW ended lower by 7.2% on news that Dave Peranich, EVP of worldwide sales, is leaving his post after three years on the job. Seems like it could be an overreaction, even if he was a top sales exec.Disney's (NYSE:DIS) latest billion-dollar hit is Toy Story 4, the company's fifth billion-dollar film this year. It now holds the record for most such films in a single year, while there is only one other competing film this year to top the nine-figure mark (Spider-Man: Far From Home). Further, the company announced last month that it had broken its prior annual box office record total of $7.61 billion, pulling in $7.67 billion in sales already in 2019.Don't forget, there's Frozen 2 and a Star Wars film still slated for 2019. It's going to be a huge year for Disney.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA and DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Stock Market Today: Is GE a Fraud or a Screaming Buy? appeared first on InvestorPlace.
- ETF Trends
Germany Paves Way for Stimulus Hopes; U.S. Stock ETFs Strengthen
U.S. markets and stock ETFs rallied Friday as Germany's right-left coalition government works on plans to take on new debt to stimulate the economy. On Friday, the Invesco QQQ Trust (QQQ) increased 1.7%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.9% and SPDR S&P 500 ETF (SPY) was 1.5% higher. “This is huge news from a European perspective,” Brad McMillan, chief investment officer of Commonwealth Financial Network, told Reuters.
- Yahoo Finance
Should stocks be taking their cue from bonds?
Plunging Treasury bond yields spooked a lot of investors this past week, especially after the yield on the 10-year Treasury briefly fell below that of the 2-year for the first time in more than a decade. That so-called inverted yield curve has preceded each of the last seven recessions. But Scott Ladner, chief investment officer at Horizon Investments, tells Yahoo Finance that the U.S. stock market shouldn’t necessarily be taking its cue from the bond market right now. That’s because about $17 trillion of government bonds worldwide are trading at negative yields, according to Bloomberg.
- Benzinga
Pro: Federal Reserve Will Need To 'Explain Themselves To The History Books'
The Federal Reserve's recent interest rate cut in late July looks "more out of line than ever" given no immediate signs of a recession, the economist wrote. The central bank faces pressure from President Donald Trump, who publicly blasted Fed Chairman Jerome Powell on multiple occasions to lower rates even more.
- Zacks
Housing Data Mixed, Deere Misses Q3 Estimates
New starts last month dropped to 1.191 million from the downwardly revised 1.241 million in June.
- InvestorPlace
3 Warning Signals a Stock Market Crash Is Coming
Right now, we're still in perhaps the greatest bull run in history.The "weather" is terrific: low interest rates, an economy firing on all cylinders and a business-friendly administration in the White House. The Dow Jones Industrial Average recently hit 27,000 for the first time ever -- and, despite some recent turbulence, remains near record highs.But the longer this decade-plus bull market runs, the more investors worry about its end.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThey're right to worry. After all, every business cycle turns -- and so will this one.Economic recessions … real estate busts … stock market crashes … wars … financial shocks. These aren't aberrations. In fact, they are common occurrences. A quick tour of American history shows how this is the case. During the 110 years from 1900 to 2010, we've had the Great Depression, two world wars, more than 30 bear markets (market drops of more than 20%), the runaway inflation of the 1970's, the savings and loan crisis of the 1980's, the 2000-'02 dot-com crash and the 2007-'08 financial crisisI'm seeing signs that the next crash could hit soon.That doesn't mean you should panic and sell everything -- just that you should be prepared by defending your wealth. After all, there are always ways to make money, even if the market tumbles. * 10 Cheap Dividend Stocks to Load Up On So here are three warning signals I'm seeing that could cause problems for the market -- and one step you can take today to make sure you're prepared for the worst… Market Crash Warning Signal No. 1: Deep in DebtSource: Shutterstock Let's go back to 2007 … right before the last time the market crashed.The economy had been humming along at a growth rate of 2% to 3% for the previous five years, which caused the S&P 500's earnings to double from the recessionary lows of 2002. Thanks to these boom-time conditions, the national unemployment rate fell below 5%. Investors were loving it!Share prices had more than doubled over the previous five years. But below the surface, trouble was brewing.While the stock market was busy hitting new all-time highs, mortgage debt, credit card debt, student debt, corporate debt and government debt were also hitting new all-time highs. The U.S. economy was literally drowning in debt. The economy's foundation was crumbling beneath our feet.Then stock prices collapsed…The S&P 500 fell from its October 2007 high of 1,576.09 to an "apocalyptic" low of 666 in March 2009. That was a collapse of 57.7%.The economic and stock market conditions of today share some important traits with the 2007 version.The U.S. economy has recovered nicely from the 2007-2008 crisis, producing a steady string of 2% to 3% growth. As a result, the unemployment rate is below 5% once again.Plus, the current financial boom is even bigger than the 2002-2007 bull market. This time around, the S&P's earnings have tripled, as the stock market has rocketed more than 400% from its recessionary lows of 2009.But despite this prosperity, our economy looks shaky if you examine it up close. Mortgage debt is once again close to the nosebleed levels it hit in 2008. Credit card debt has jumped to a new all-time high of $870 billion. Student loan debt has skyrocketed to nearly $1.5 trillion. That's triple what it was in 2007. And corporate debt outstanding is hitting new all-time records, just like it was in early 2008. The difference is that the current levels nearly 50% higher than they were then.It's easy to "explain away" the market downturns we've seen so far this year -- in May and now in August -- as just temporary bumps during our decade-long bull run.But they could be the start of something much bigger… Market Crash Warning Signal No. 2: The Recession IndicatorSource: Shutterstock On the morning of Aug. 14, before the U.S. markets opened, we witnessed a rare but ominous event.That's when a closely watched yield curve inverted for the first time since late 2005. Translation: The 10-year Treasury bond yield dropped below the yield of the 2-year Treasury.This yield curve is a fairly reliable recession indicator. In fact, all five yield curve inversions since 1978 have been followed by recessions. Last time this yield curve inverted was in December 2005, two years before the recession hit.So, not surprisingly, investors and Wall Street's supercomputers immediately started selling stocks and moving into bonds. As you and your portfolio likely recall, the Dow Jones Industrial Average plummeted 800 points that day -- and the other market indices sunk around 3% as well.Starting from our peak back in late July, the S&P 500 has now sold off around 5%.Moreover, according to the New York Federal Reserve's proprietary yield curve-based recession probability model, there's a 27% chance we will face a recession in the next 12 months.I know … 27% doesn't sound like bad odds, but here's the thing: The last time the probability of a recession reached that high was back in early 2007, not long before the Great Recession kicked off. * 10 Stocks Under $5 to Buy for Fall Plus, one well-regarded analyst -- Jesse Colombo at Clarity Financial -- says the Fed indicator's modeling is skewed thanks to some top-level shenanigans back in the 1980's.He places the odds of a recession in the next year at 64%.In other words, our top "recession indicator" is flashing red. Market Crash Warning Signal No. 3: Another Kind of RecessionSource: Shutterstock As I write this, a second-quarter earnings recession is just about a done deal.With just about all of the S&P 500 components having reported, the year-over-year EPS growth estimate is negative 0.72%, according to FactSet.If that negative earnings score holds out, it would follow a 0.21% decline in the first quarter. And an earnings recession is defined as two consecutive quarter of negative growth.True, 0.72% and 0.21% declines don't sound bad. But here's the point…We're seeing no growth in corporate earnings.At best, according to the earnings followers at FactSet, S&P 500 earnings will grow 1.5% this year. That's far short the 6% growth the experts forecast at the start of 2019. In fact, FactSet says, we could see an earnings contraction.The last earnings recession was during the second quarter of 2016.The market fallout following that was small -- just 4.1% between mid-August and early November 2016.But things could get a lot worse this time.Consider these three factors… * More than one quarter of the world's bonds are "paying" a negative These "grifter" bonds literally take a little bit of your money away from you every day. * Geopolitically, the planet seems to be enjoying relative calm. but tensions are on the rise in Hong Kong, North Korea, Iran, and Syria. * The ongoing U.S.-China trade war is taking a bite out of global growth… and threatens to consume it completely. "This type of scenario is among the reasons why we referred to 2019 as a delicate year for the global economy," the International Monetary Fund recently warned.Still, despite these widespread signs of distress in the real economy, stock valuations are high, just like they were in early 2008.To be sure, the stock market could keep rising over the next few months -- and even hit new all-time highs. But history shows the risk of a severe selloff is high.The National Association for Business Economics recently surveyed nearly 300 business economists, and about 75% of them believe we'll get a recession by the end of 2021.More than half of them expect it'll come by the end of 2020. The One Step to Take Now That said, investors shouldn't panic -- or even worry -- about a market crash.The market crash may take months or even years to get here, but it's inevitable - and no effort on anyone's part is going to stop it.Instead of worrying, investors should make moves right now to defend their wealth - and make even more money along the way.To help you do so, I've written the book on bear market preparation.Part "diary" and part "owner's manual," Bear Market 2020: The Survival Blueprint takes you by the hand and walks you, step-by-step, through six simple tactics that will help you and your family survive, and even make money, during America's next bear market.Knowing about and using these bear market defense strategies could mean the difference between having an abundant retirement -- or barely getting by in your old age.In this report, I've shown you why a bear market -- or worse, a market crash -- is coming.The clock is ticking.Click here to find out how to get our survival guide.Eric Fry is a 30-year international finance expert, former hedge fund manager, and InvestorPlace's resident expert on global investment trends. He founded his own investment management firm and served as a partner several others. One of the few analysts who predicted the last big market crash, in 2007-'08, Eric showed his readers how to profit off of companies that eventually went bust. His readers could have walked away with gains like 1,415% on Countrywide Financial, 4,408% on Fannie Mae, and even 6,425% on Freddie Mac. With Fry's Investment Report, Eric's goal is to track the world's biggest macroeconomic and geopolitical events - and help investors make big gains from those emerging opportunities. Click here to learn more. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 3 Warning Signals a Stock Market Crash Is Coming appeared first on InvestorPlace.
- Zacks
5 High-Dividend ETFs Available Under $20
These cheap high dividend ETFs could be great picks right now.
- Investopedia
Why Passive ETFs Face Big Risks in Liquidity Crisis
Passive equity ETFs are among the asset classes that can be hit hard if a wave of selling pressure hits.
- ETF Trends
U.S. Stock ETFs Swing as Upbeat Data Help Offset Recession Fears
U.S. markets and stock ETFs stabilized late Thursday as upbeat retail data helped offset the recessionary fears. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was flat, SPDR Dow Jones Industrial Average ...
- Benzinga
Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
The latest round of 13F filings from institutional investors were out this week, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways ...
- Investopedia
Why an Inverted Yield Curve Is Bullish For Stocks
An inverted yield curve historically predicts a recession, but stocks tend to rise after an inversion.
- Benzinga
China's Government Threatens Retaliation Against US, Trump Calls For 'Personal Meeting' With Xi
China's Customs Tariff Commission of the State Council said in an online post the government feels "severely violated" by Trump's tariff escalation as it is not consistent with an agreement reached during the G-20 summit, CNBC wrote. Trump wrote in a Tweet Wednesday China President Xi Jinping is a "great leader who very much has the respect of his people." He followed up that his Chinese counterpart likely wants to "quickly and humanely" reach a solution to the escalation of tensions and riots in Hong Kong.
- Zacks
Bet on These Momentum & High-Beta ETFs on Delay in Tariffs
Momentum and high-beta ETFs make very good picks right now as the market rally on delay in Trump???s new round of tariffs.
- Benzinga
The Other Yield Indicator Not Getting Much Attention
It's not a stretch to say plenty of market participants are focusing on the inverted yield curve. The SPDR S&P 500 ETF (NYSE: SPY), the world's largest exchange traded fund, closed with a dividend yield of 1.87%. News of 10-year yields dropping below that of SPY come as some market observers believe dividend growth expectations have gotten too pessimistic.
