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After closing the book on a scary October, here’s how stocks tend to trade in NovemberOctober was as volatile and scary a month as historical seasonality trends projected it would shape up to be. So, what does November have in store in store for a frazzled Wall Street? Rally?
Source: MarketWatch - 🏆 3. / 97 Read more »
The big market rebound may not come before another scary test of the October lowsWall Street has been waiting for a year-end rally, but some strategists say it's more likely the market will see more selling, before staging a comeback. Here's the thing. jimcramer says you can't have a rally without $FANG. And since Cramer is usually right, it may slide some more. But what should be doing well isn't happening, there might be something I'm not seeing. A retest of the October lows is definitely on the cards. I am questioning the rebound before... Brexit news today will give another boost to to risk bears and the story if far from over, on top of earnings concerns, ongoing fed tightening etc... trading fx trading equities
Source: CNBC - 🏆 12. / 72 Read more »
Why you should be hopeful about November stocksA Halloween rally ends a scary October for markets that have spooked investors. The Dow is down 4% for the month, its worst performance since January 2016. If some businesses had to suffer, I'm glad it was those particular ones. A: No one uses CNN as their source for financial information B: Lurch is the last person anyone needs to watch Where is the losses spread? Who ultimately picks up the tab geraldcelente PaulZanePilzer where does the negitive lay today
Source: CNN - 🏆 4. / 95 Read more »