Dow Jones surged more than 1,080 points today. This is the first time in history the exchange rose more than 1,000 points in a single Wrong again.
And this is how it starts
Raise the interest rates for people who depend on IRA CD interest forget the rich greedy stock holders and ceo’s
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Wow another stock market crash or Great Depression yet many people are making their own stock market in America and attend the business meeting.
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The stock market's death cross is particularly bad news this time around, Bank of America saysA death cross forming in the S&P 500 is never a welcome development. But the current death cross is notably negative, the bank says. Helloooooo depreciation of the US dollar 🙃
Source: BusinessInsider - 🏆 729. / 51 Read more »
'Just call it what it is': BofA's Stephen Suttmeier declares a bear marketBank of America-Merrill Lynch's Stephen Suttmeier doesn't see stock market relief until deep into 2019. I see sll of 2019 in a Bear market with no support until seeing SP passing thru 1970-2000 level. Cash is king. Long TVIX! I find it funny that the so called experts that couldn't predict what we have just gone through should be trusted to tell us what will happen. If these guys knew what the hell was going to happen they sure as hell wouldn't tell us. The bears know an Elephant Joke in the WH when they either hear or see it!
Source: CNBC - 🏆 12. / 72 Read more »
A Bank of America currency chart shows how the stock market rally still has legsBank of America-Merrill Lynch's Paul Ciana uses a currency chart to show the broad market's 'risk on' rally has legs.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stock market looks set to halt multiday stumble as big bank earnings get under wayU.S. stocks on Tuesday are poised to snap a two-session skid as investors appeared to focus on hope that China would do more to buoy its flagging economy. Wall Street also was awaiting earnings from a number of key banks, a key Brexit vote that could cause some friction in domestic markets.
Source: MarketWatch - 🏆 3. / 97 Read more »
China's Central Bank Will Prop Up Country's Stock MarketThe PBoC just might be able to save China stocks from another bear market year.
Source: Forbes - 🏆 394. / 53 Read more »