Stocks have lost short-term upside momentum, and now the market looks stuck in a longer-term downtrend with no end in sight. Many market strategists expect the S & P 500 will take aim at retesting the lows in the first quarter, as earnings look weaker, recession fears rise and the Federal Reserve keeps tightening policy. Strategists who watch charts have a similar outlook.
He also does not expect the usual positive December seasonality to work as well this year. "If you enter December in a hole, don't expect to get bailed out," he said. "I've been unconvinced all year that we had that flush moment, that 'you don't want to get out of bed' moment. I suspect that's still in front of us." Verrone said he expects the current top of the range would be 4,200 to 4,300 for the S & P 500.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
Weird if you look at POTUS or WhiteHouse they don't mention anything about that. This must be fake news or Russian collusion.
“could” 🤣🤣🤡🤡
Wegoin back to the moon!
But Cramer said it was fine 🙂
Democrat Fascists will only make it worse!
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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Stocks ease from 3-month highs, dollar firms up on strong U.S. dataInvestors remained hopeful of China's economy improving.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
Trade balance report, stocks tied to economy, IRS refunds and more: Tuesday's 5 things to knowStocks closely tied to the U.S. economy dropped sharply Monday, with big regional banks PNC Financial Services and Regions Financial leading the way.
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »
Traders are watching this group of stocks to gauge how much investors really fear a recessionFinancials as a whole are still the third biggest piece of the S&P 500, after tech and health care, weighing in at 11.6% of the index as of the end of November. Investors don't move the markets - traders move the markets -
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Op-ed: Investors need to wait it out before snatching up software stocksOn the surface, it looks like it could be time to buy segments of the market, like software, that took a beating throughout much of 2022. But perhaps not yet.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
U.S. stocks open lower, with Dow down slightly from Monday's slumpU.S. stocks opened slightly lower Tuesday, with the S&P 500 and Nasdaq Composite trading about flat after Monday's sharp selloff. The Dow Jones Industrial... One minute they’re higher The next they are lower 🤣🤣 MarketsWithETNOW
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP SaysAs some observers expect bitcoin to catch up with the recent rally in stocks, QCPCapital suggests otherwise, saying the S&P 500 has overshot fundamentals. By godbole17 QCPCapital godbole17 How young is Bitcoin?
مصدر: CoinDesk - 🏆 291. / 63 اقرأ أكثر »