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Elon Musk Says Warren Buffett Is 'Clearly Expecting A Correction' After Berkshire Sold Nearly Half Of Its Apple Stock
Sunday, August 4, 2024 - 10:06pm | 839Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has commented on Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) decision to sell about half its stake in Apple Inc. (NASDAQ:AAPL). What Happened: Over the weekend, a user on X, formerly Twitter, shared...
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Buy The Dip Now? Experts Caution That While 'Corrections Like This Are Normal,' Global Shares 'Look Vulnerable to Further Falls'
Friday, August 2, 2024 - 9:17am | 640Financial strategists have urged investors to proceed with caution as the global stock market faces a sell-off. The advice comes amid fears that shares could potentially fall even further. What Happened: On Friday, U.S. stocks started August with a downturn, as new data sparked concerns of a...
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'You're About To Get A Sale' On Nvidia: Jim Cramer Shares Insight On Buying During Pullbacks
Wednesday, March 27, 2024 - 9:21pm | 712CNBC’s “Mad Money” host Jim Cramer encouraged investors to view potential market pullbacks as opportunities rather than threats. He suggested that a pullback could be on the horizon and advised investors to prepare by raising some cash. What Happened: Cramer, on Wednesday,...
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Stock Market Could Be On Brink Of A Correction, Says Analyst Who Doesn't 'Expect A Bear Market Any Time Soon'
Tuesday, March 12, 2024 - 11:54pm | 739Global stock markets, which have been on a record-breaking spree, may be on the verge of a correction, according to a leading research firm. What Happened: Ned Davis Research (NDR) has cautioned that the current market conditions could lead to a correction, reported Business Insider. While the firm...
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Market Correction Due: Stocks Are Running Out Of Reasons To Move Higher, Analyst Says
Monday, February 12, 2024 - 4:04pm | 901Stocks need a reason to move higher, and the market is running out of those reasons. Thus, Craig Johnson, chief market technician at Piper Sandler, believes a market correction is imminent. “Some of the internal indicators that we produce have just given us a sell signal,” Johnson said...
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Wells Fargo's Anna Han Says Markets May 'Need A Correction:' Here's Why
Friday, April 21, 2023 - 4:22am | 492Wells Fargo Securities Equity Strategist Anna Han reportedly said the markets have gotten ahead of themselves and a correction may be due. What Happened: "When we think about earnings growth, we see declines this year, we see margin compression this year. I think the market has gotten a little...
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S&P 500 Posts Worst First Half Loss Since 1970: What It Means And What Could Be Next
Friday, July 1, 2022 - 3:02pm | 716In mid-June, the U.S. stock market fell into market correction territory with the S&P 500 trading down 20% from its all-time highs. The stock market index just turned in its worst first half since 1970 with several macro trends playing out. Here’s a look at what happened and what could be...
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If You Invested $1,000 In SPY At The End Of The Last Recession, Here's How Much You Have Now
Tuesday, June 28, 2022 - 6:27pm | 533The U.S. stock market officially entered a market correction recently with the S&P 500 down 20% from all-time highs. Many have pointed to the potential of a recession and searches for the term are hitting record highs on Google. Here’s a look at how investors have fared since the last...
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Are We In A Recession? Google Searches Hitting Record Level For Financial Term
Friday, June 24, 2022 - 5:34pm | 831The S&P 500 recently entered market correction territory with a 20% drop from all-time highs. The new debate is if the U.S. could enter a recession in 2022, or to some if we are already in a recession. Searches for the word recession are hitting huge levels, suggesting people are increasingly...
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Here's How Long Bear Markets Last On Average — And The Returns Investors Could See After Correction
Wednesday, June 15, 2022 - 12:58pm | 716With the S&P 500's index 20% drop from its all-time high, the stock market has officially entered bear territory. Here’s a look at what happened and the returns investors historically see after a market correction. What Happened: The S&P 500 dropped to a low of...
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What Does Friday The 13th Mean For The Stock Market?
Friday, May 13, 2022 - 7:55am | 583Investors might want to brace themselves for more pain on Friday if past years of this infamous holiday are any indication. Here’s a look at what a Friday the 13th in the month of May has meant for the markets. What Happened: The stock market is down year-to-date and in the middle of a...
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Dow, S&P 500 Enter Correction Territory As Coronavirus Fears Continue
Thursday, February 27, 2020 - 3:00pm | 877A week after the S&P 500 and Dow Jones Industrial Average hit new all-time highs, the indexes plummeted another 4% and into correction territory after Goldman Sachs cut its 2020 S&P 500 earnings growth to 0%, well below consensus estimates of 7% growth. A market correction is defined as a...
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3 'Safe' ETFs If A Stock Market Correction Comes Calling
Wednesday, February 26, 2020 - 6:10pm | 607Stocks are enduring a predictable, though unappealing reaction to the COVID-19 outbreak. So what asset classes have investors been matriculating to? Looking at the list of exchange traded funds that hit all-time highs on Tuesday, the group is heavily populated by fixed income funds. Add to that,...
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Putting The 2018 Market Correction In Perspective
Monday, December 17, 2018 - 4:52pm | 592The S&P 500 is down 5 percent year-to-date and 15 percent from its all-time highs, crossing over into correction territory. These stock market dips can be scary for investors, but history shows market corrections are not only extremely common, they're typically relatively short-lived....
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Blackstone's COO Thinks A Market Correction Is Coming
Tuesday, November 17, 2015 - 12:53pm | 343Blackstone Group LP (NYSE: BX)'s President and COO Tony James said that a market correction is "coming." Speaking to CNBC, James highlighted many ongoing concerns, including the threat of terrorism, to justify the equity market taking a "pause." Blackstone's...