It was another ugly week for stocks, but we're still buyers — here's why

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Investing Club: It was another ugly week for stocks, but we're still buyers — here's why

For starters, we've seen positive investor reaction to negative updates from Nvidia , Microsoft , and Salesforce . We even saw Target recover some losses after reporting a bad quarter and downward revision to its forecast a few weeks later; it has since given up much of that bounce in the recent sell-off. It's nearly impossible to call a market bottom, and we're not in the business of trying to do that.

Traders work on the floor of the New York Stock Exchange during morning trading on June 08, 2022 in New York City.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Goodmorning sir

Buy Glaxo they are going to cure cancer

Modi police killing to Indian Muslims

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stanley Druckenmiller fears a recession but isn't betting against stocks. Here's why.The former right-hand man of George Soros is going to the office but not doing anything. gold and silver 🚀🚀🚀🚀🚀🚀 $nfgc $ag $btg $fsm $ivpaf $kgc $tprff $golxf silversqeeze silvershortage Inflation Hyperinflation WW3 russia bankruncanada Ukraine oil miners We’re already in a recession. Because he’s not going to tell you his strategy
Source: MarketWatch - 🏆 3. / 97 Read more »

These 19 big tech stocks have now dropped at least 60% from their 52-week highsThe biggest losers in the stock market include DocuSign, PayPal, Netflix and Zoom Video Communications. please tell me something I dont know... The PayPal one was obviously going to happen. The avg stock before the pandemic was in the mid 80s. By 2021 it was at 250. Just think - some of the market darlings have to go down 90% from ATH to get to Sun Microsytems peak valuation back in the bubble before it went down 90%. 'Sun Microsystems, The Greatest Quote & The Rise of the Reckless'
Source: MarketWatch - 🏆 3. / 97 Read more »