MktwHulbert The increasing price of oil will eventually put the squeeze on consumers. We already saw a weakened jobs report. Consumers may hold back on spending this Christmas season if gas prices get too high.
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Here’s a reminder that stock-market corrections don’t always become bear marketsThe S&P 500 is within striking distance of logging a market correction. But amid the gloomy headlines, investors should remember that of the 22 corrections seen since 1974, only four have turned into bear markets.
Source: MarketWatch - 🏆 3. / 97 Read more »
These Dow stocks typically outperform when the stock market is in a correctionShares of Verizon, Exxon Mobil and Procter & Gamble have historically performed the best among Dow members when the stock market in a correction.
Source: CNBC - 🏆 12. / 72 Read more »
The stock market loses 13% in a correction on average, if it doesn't turn into a bear marketThe average correction for the S&P 500 since World War II lasts four months and sees equities slide 13 percent before bottoming. Red Dead Redemption 2 gonna save the economy don't worry
Source: CNBC - 🏆 12. / 72 Read more »
A stock market correction is unlikely to stop the Fed from hiking ratesWhile the number of fists banging on the table to get the Fed to re-examine its current policy arc seems to be growing by the day, central bank officials don't appear to be listening. It depends on the size of the correction but you’re essentially correct. Rates should have normalized 5 yrs ago but the Federal Reserve was more interested in Obamas legacy than the future of this country Well yea, they want to make Trump look bad. Even though he repeatedly says stop raising rates. Can’t have a booming stock market under Trump, certainly not before midterms. You hacks are transparent
Source: CNBC - 🏆 12. / 72 Read more »
Kevin O'Leary likes this 'garden variety' stock market correction and is adding to positionsKevin O'Leary said that he is adding to market positions and called the current stock correction 'garden variety.' O'Leary thinks the American economy is strong and now is not a time for investors to run scared from investing. He's helping to keep up an ever faulting sucker's rally
Source: CNBC - 🏆 12. / 72 Read more »
Trump says the Federal Reserve caused the stock market correction, but he won't fire Chair PowellPresident Donald Trump continued to attack the Federal Reserve on Thursday, saying Chairman Jay Powell is being too stringent with monetary policy and is making a mistake. CNBC Trump has six bankruptcies and would've been broke and homeless by the time he was 35 if his father hadn't repeatedly bailed him out. What the hell does he know about monetary policy? CNBC FUN FACT... Only 4 of the 7 positions on the Federal Reserve Board of Governors are currently filled. 3 of the 4 positions (including the Fed Chair) are Trump nominees. CNBC Anyone who was given hundreds of millions of dollars by daddy and who helped daddy avoid hundreds of millions of dollars in taxes and who doesn't have the media talking about his tax avoidance criminal activities incessantly must know what the fuck he is talking about.
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street's top analysts are sticking by these tech stocks amid the market correctionCommentary: Wall Street's top analysts are sticking by these tech stocks amid the market correction. I'd be careful anyway. US warehouses are full of stock they can't sell to consumers who's debt has started to reach a new record every quarter since the tax reform kicked in. Borrowed money can keep an economy growing for a while. Umtil payback comes knocking.
Source: CNBC - 🏆 12. / 72 Read more »
Strategist Jim Paulsen warns a deeper correction may be needed before the stock market can recoverConcerns about a looming recession and and overheating economy is leaving investors with a 'stagflation mindset,' Leuthold Group Chief Investment Strategist Jim Paulsen says. Why are people so worried about the 'Market Sell Off'? People are just cashing in for Christmas. Chill.... I heard the stock market is going to revisit the 2009 low. recession and overheating?
Source: CNBC - 🏆 12. / 72 Read more »
This still looks like just a stock-market correction, not something worseThis still looks like just a stock-market correction, not something worse, says MktwHulbert No. More MSM biz site nonsense. The pop occured yet strictly as a result of spx & ES_F bouncing off their brickwall March 2009 daily trendlines, which they've never penetrated in 9 yrs. The market will now seek to retest that trendline. So expect a big downside move.
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow and S&P 500 are on the brink of exiting a stock-market correctionA new year, a new market. The Dow Jones Industrial Average and the S&P 500 appear in position to exit correction territory if a multiday rally on risk assets continues apace. Your story on Nasdaq still being in bear market territory is not true as usual you guys play around with headlines! It’s not 20% off highs it’s about 14% as of right now, plus 20% of highs is just technical and these things don’t mean as much in markets today clearly If anything Nasdaq will be the first to be out of correction clearly tech leads the rallies and declines..
Source: MarketWatch - 🏆 3. / 97 Read more »