Karlheinz Irlmeier | Getty ImagesAs most investors sold during the extreme market volatility stemming from the coronavirus pandemic in the last month, Wall Street analysts were turning bullish on certain stocks.
Many of the companies are businesses with stable revenue streams that can survive the rocky and uncertain economy ahead. The market rebounded sharply this week and some of these names have led the way.
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Wall Street tumbles as investors brace for dour earningsWall Street's main indexes slipped on Monday as corporate America launches into what is expected to be a painful quarterly earnings season due to the coronavirus pandemic. agreed From Good.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street analyst who called the 2018 rout says ‘don’t fight the Fed’ and ‘buy the dips’ is back on in this coronavirus-stricken stock marketMorgan Stanley’s chief U.S. equity strategist in a Monday research note, along with a team of strategist, including Adam Virgadamo, Andrew Pauker and Michelle Weaver, double down and even up their enthusiasm for equities in the aftermath of the pandemic that has rocked global markets and economies. When someone goes public saying 'don't fight the FED' you can tell how the markets are manipulated.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks falter after their biggest week since 1974Stocks are opening lower on Wall Street following the biggest week for the market since 1974. Duh. We’re in the Great TrumpGOP Depression! This is as bullshit a lede as I have ever read, the “biggest week” was in the middle of a goddamned avalanche of stock values, it has been years since the market had its current value. Anyone thinking they're going back to values 4 months ago is going to have to wait a loooooong time.
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Source: MarketWatch - 🏆 3. / 97 Read more »