With Nokia (NYSE:NOK) stock hammered by recent sell-offs, is now the time to buy? The telecom equipment also-ran has its work cut out for them. But while Huawei and Ericsson (NASDAQ:ERIC) may be ahead in 5G contracts, catalysts remain in motion. Source: RistoH / Shutterstock.com For one, the U.S. government has an interest in propping
The bull market is officially dead, with the Dow Jones Industrial Average dropping over 20% from its record high. What was born on March 9, 2009 has officially ended just days after its 11th birthday. Time to seek safety with some dividend stocks. The carnage is hard to fathom: The fastest pullback in history driven
Join us live to discuss technical analysis of the VIX and if it is time to buy stocks. ✅15 Minute Live-Stream Alert List! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s 5 Most
The U.S. stock market will drop as much as 30% from last month’s highs as global economies go into coronavirus-driven recessions, said economist Mohamed El-Erian, who correctly predicted earlier in the week the selling would continue until a bear market was reached. The former CEO of investment powerhouse Pimco said on CNBC’s “Squawk Box” on Thursday that investors should not expect a quick
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020. Bryan R. Smith | Reuters Check out the companies making headlines in midday trading. Boeing — Shares of the aerospace giant plunged nearly 9% Thursday after JPMorgan downgraded the stock to neutral from overweight as fears
It’s been the most volatile week since the Great Financial Crisis for the markets, and those hiding out in silver (SLV) certainly have not been spared. The metal is now down 13% year-to-date, despite a positive year-to-date return in gold (GLD), and the metal is currently trading below its key 20-month moving average. Unfortunately, despite this development, we
We have highlighted three ETFs that delivered the best performance in this bull run (PNQI, FDN, RPV). PowerShares NASDAQ Internet Portfolio: https://www.zacks.com/funds/etf/PNQI/profile?cid=CS-YOUTUBE-FT-VID First Trust Dow Jones Internet Index Fund: https://www.zacks.com/funds/etf/FDN/profile?cid=CS-YOUTUBE-FT-VID Guggenheim S&P 500 Pure Value ETF: https://www.zacks.com/funds/etf/RPV/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Stocks started Wednesday off on all the wrong notes, a situation that only got worse after the World Health Organization (WHO) officially called the coronavirus outbreak a global pandemic, news that gave sellers good reason to punish equities and riskier assets. Source: Provided by FinViz The S&P 500 dipped 4.89% The Dow Jones Industrial Average
Since early 2018, 3M (NYSE:MMM) stock has been in a grueling downtrend. The shares have gone from nearly $260 to its current levels just under $147. Of course, with the meltdown in the markets, things have gotten even worse. However, for perspective, MMM stock is now at a price not seen since early 2016. Source:
Plug Power (NASDAQ:PLUG) is riding a wave of positive momentum that could see higher prices for years to come. But everything I say today comes with the caveat that Wall Street is in turmoil. Despite PLUG stock’s long-term thesis, there are macroeconomic influences that could change its short-term trajectory. Source: Halfpoint/ShutterStock.com Energy — particularly oil —
Allianz chief economist Mohamed El-Erian said Monday that long-term investors should be cautious about buying stocks because financial markets are showing signs of stress. “We started seeing today more market stress, more liquidity stress. Yesterday, it was just the credit market and the inflation market. Today, it got to the Treasury market. So be careful
Traders work on the floor of the New York Stock Exchange during the opening bell on March 10, 2020 in New York. Timothy A. Clary | AFP | Getty Images We have touched an intraday 20% decline in the S&P 500 that many associate with bear market territory. We also hit a bear market on
The Dow Jones Industrial average fell into bear market territory Wednesday, and some analysts see a decline of another 10% or more before the selling subsides. The Dow has lost 20.3% on an intra-day basis since Feb. 12 and a little more than 20% on a closing basis. A 20% decline is considered bear market
Stock market futures are rolling over this morning again. Is it time to buy the stock market or to sell short? ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until
It was a tough session in the stock market today. After an impressive rally on Tuesday, equities started off lower on Wednesday. By late afternoon, the S&P 500 was down over 6%, while the Dow Jones Industrial Average was off 7%. A late-session rally helped bring the indices off the lows, as they begin to
For traders, FuelCell Energy (NASDAQ:FCEL) is a stock worth watching. In the last year, FCEL stock has been significantly volatile. From a high of $5.75 in March 2019, the company’s shares crashed to 13 cents by June 2019. From an investment perspective, there are just too many uncertainties related to FuelCell’s business for its stock
What was once a disease that many pundits compared to the flu — the coronavirus from China — has turned into a global pandemic. Recently, we’ve seen historical volatility rip through benchmark indices such as the Dow Jones and S&P 500. Promises of stimulus packages have introduced some optimism, but the overall mood appears shaky.
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC CEO Michael Corbat said Wednesday that the current turmoil caused by the coronavirus isn’t one stemming from the financial system. “This is not a financial crisis,” Corbat said during a White House meeting. “The banks
A worker is seen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 28, 2020. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Apache Corp. – Shares of the exploration and production company slid more than 18% on the back of declining oil prices. Apache
Around 11 a.m., it looked like the bulls were in for another painful day. The SPDR S&P 500 ETF (NYSEARCA:SPY) gapped higher by 3.8%, but those gains quickly evaporated. Luckily, we saw a huge rebound in the stock market today, with shares climbing 5.2% on the day. It was an impressive move, but hopefully it