By Jon D. Markman On September 24, 202106:28 AM Eastern
The S&P 500 sprinted sharply higher on Wednesday morning in a combination of nervous short covering by bears and bargain hunting by bulls.
The result was outsized gains for lagging stock groups...
By Mike Larson On September 24, 202106:00 AM Eastern
“Do you know the only thing that gives me pleasure? It's to see my dividends coming in.”
— John D. Rockefeller
If John David Rockefeller Sr. were alive today, he’d be dancing all the way...
By Jon D. Markman On September 23, 202103:46 PM Eastern
The S&P 500 has vaulted through the 50-day moving average at 4,437 at the open and has not looked back. Major stock market moves are about lost support and resistance levels. Bears should have put...
By Mike Larson On September 23, 202112:12 PM Eastern
Let’s cut to the chase: Market volatility is picking up for the first time in a long time.
Consider this:
• The Dow Industrials plunged more than 900 at one point on Monday.
• Then it...
By Jon D. Markman On September 23, 202106:28 AM Eastern
Stocks started Wednesday sharply higher and unlike the previous session, buyers did not slink away in the late afternoon. The S&P 500 ended at 4,395, a gain of 0.95%.
The catalyst for the...
By Kelly Green On September 23, 202106:00 AM Eastern
It’s only the second day of fall and I’ll admit, I’ve already tried the autumn drinks at a few of my local coffee shops. My family will surely be tired of me adding cinnamon, nutmeg and cloves to...
By Jon D. Markman On September 22, 202112:15 PM Eastern
Deeply oversold stocks are bouncing sharply this morning. There’s no news to account for the advance. Futures were sharply lower last evening. Bears are simply covering short positions ahead of...
By Sean Brodrick On September 22, 202111:52 AM Eastern
The market is doing its best to shake out weak hands. We saw two weeks of selling that may have climaxed on Monday. And the S&P 500 broke its 50-day moving average, which was acting as support.
...
By Jon D. Markman On September 22, 202106:28 AM Eastern
The S&P 500 started Tuesday sharply higher. However, the bounce back from Monday’s 1.7% drubbing did not last long. The rally faded and the benchmark closed essentially flat.
The good news is...
By Mike Larson On September 22, 202106:00 AM Eastern
China Evergrande Group. Ever hear of it?
Unless you live in China — or invest actively in its markets — chances are the answer is no.
At least, it would have been “no” before speculation about...