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Stock Market Continues To Decline As Domestic COVID-19 Fallout Deepens
Thursday, March 12, 2020 - 10:14am | 1572For those investors hoping to wake up to a change of pace from the fierce selling on Wall Street, Thursday morning was a rude awakening. Nothing happened overnight to soothe investors. In fact, you could argue things seem even more grim this morning than they did after the Dow Jones Industrial...
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Thursday's Market Minute: Bull Market Dies Aged Eleven
Thursday, March 12, 2020 - 9:44am | 344The S&P 500 bull market died on Thursday after an 11-year run that returned 400% and tripled earnings. It was the longest run in history and preceded in a day by its brother, The Dow. The bull had many brushes with death throughout its long history, from debt crises to oil crises and interest-...
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The Dow Closes In A Bear Market
Wednesday, March 11, 2020 - 5:27pm | 314The Dow Jones Industrial Average fell into a bear market on Wednesday after dropping nearly 6%, as World Health Organization officials declared the COVID-19 outbreak a pandemic. The S&P 500 narrowly missed ending its more than decade-long bull market run. The bull market that began after the...
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USD/JPY: Capped By Sellers Aligned Around 108.00
Thursday, January 3, 2019 - 12:18pm | 396USD/JPY Current price: 107.55 Fears prevail, but investors cautious ahead of US employment data. Bearish long-term case to steepen on a break below 106.75. The USD/JPY pair trades below 108.00, at its lowest since April last year, roughly 150 pips below its daily opening, following the market...
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EUR/USD Forecast: Recovering From The Flash Crash, But Bears Are In Control
Thursday, January 3, 2019 - 12:12pm | 587EUR/USD is stabilizing after suffering ricochets from the flash crash. Stocks and US data will provide further guidance. The technical chart remains mixed for the pair. EUR/USD is trading just below 1.1400 but above the lows of 1.1306. Currency markets suffered a "flash crash" which was...
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Notable Bear Isn't Betting Against The Market
Tuesday, July 18, 2017 - 11:58am | 335David Tice of Tice Capital is one of the stock market's most notable and vocal bears. His own website even highlights the dangers of "investing near the end of a secular bull market" yet at the same time he believes an equally dangerous trade is betting against the bull market and...
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Blackstone's Byron Wien: 2016 Will End Up Being 'A Down Year For The Market'
Thursday, July 21, 2016 - 9:41am | 269Byron Wien is Blackstone's vice chairman and a senior adviser to the world's largest alternative asset management firm. When he speaks, investors listen. And when he is bearish on the market, investors listen even more closely. Speaking to CNBC Wednesday afternoon, Wien said that 2016 will prove to...
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Doug Kass: Avoid Stocks
Tuesday, March 29, 2016 - 1:50pm | 304Seabreeze Partners Management's Doug Kass has recommended that investors avoid stocks, as he believes "the rising stock prices that we're seeing are just a 'bear-market rally' rather than a new bull-market leg." "Recession concerns have disappeared as the Federal Reserve delayed anticipated rate...
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11 Different Ways To Play The Bear Market (From 11 Traders)
Thursday, January 14, 2016 - 3:38pm | 1469The following opinions have been curated from the ClosingBell community. ClosingBell has been nominated for the 2016 Benzinga Fintech Awards. Are we in a bear market? Is there still some life left in the bull market? The answer is unclear, and experts are mixed. What is certain, though, is that...
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Technical Take: Digging Into Gartman's Bear Market Call
Wednesday, January 6, 2016 - 4:12pm | 313Dennis Gartman officially called a bear market on Wednesday morning. Gartman’s technical points of view seem to be further affirmation as to how the markets have traded since July 2014. This month, as seen in the BBB and CCC spread charts, is the time in which yield bottomed. QE3 ended on...
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The Bear Market Is Not Over Yet, May Have Two More Waves
Wednesday, September 30, 2015 - 1:22pm | 506Gary Kaltbaum was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. The SPDR S&P 500 ETF Trust (NYSE: SPY) is down 8.5 percent this year, with 10 percent of that...
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Frank Longman On S&P Technicals: We're At The Midpoint Of The Correction
Monday, September 28, 2015 - 12:08pm | 489Frank Longman, a technical analyst at Brean Capital, argued the market is only at the "midpoint" of the correction. Longman suggested we are in the midst of a "significant" correction of the bull market. Longman added the S&P 500 index could dip to the 1700s level...
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Poll: Did A Bear Market Just Begin?
Thursday, August 27, 2015 - 11:39am | 297Analysts are attempting to put probabilities on the likelihood of a bear market, ranging from a few percentage points to to 99.7 percent. As Business Insider reported early Thursday morning, Societe Generale's Albert Edwards is betting on the latter. From his morning note: "[L]et me...
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Lockheed Martin On A High, But For How Long?
Saturday, November 1, 2014 - 1:40pm | 428Lockheed Martin Corporation (NYSE: LMT) shares have been on a strong trajectory upward since the 2011 low and easily shook off the short-term bearish vibe that developed earlier in October. With projected long-term resistance coming into play just above current levels at $192, does Lockheed...
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Bear Versus Bull: Who Tells The Better Story?
Friday, August 29, 2014 - 11:04am | 554The S&P 500 (SPX) recently closed over 2,000 for the first time ever, and so far in 2014 the index has registered more than two-dozen new highs. Many pundits are therefore proclaiming that the market is ripe for a correction. A 10 percent drop hasn’t occurred in a few years. Some are...