Markets News Stocks 

Wall Street pros recall ‘sheer panic’ of October 1987 stock-market crash

“Read: 30 years after Black Monday, could stock market crash again?” writes News Editor for marketwatch.com. The October 1987 stock-market crash that holds the record for the deepest one-day percentage drop still evokes memories of its carnage 30 years later.A rules-based automated strategy, structured to buy Treasurys and sell stock futures when markets fell to protect investors’ portfolios, instead exacerbated the very fall from which it was supposed to protect, he said.One of those main products was portfolio insurance designed to protect investors from unexpected falls in the market. Source: marketwatch.com…

Read More
Crypto Markets News Stocks 

S&P 500 is poised to make uncanny stock-market history—for doing almost nothing

“How quiet is this stock market?” reports marketwatch.com. President Donald Trump took a break from tweeting about stock market records Saturday, instead bragging that health insurance shares “plunged” after the White House moved to end cost-sharing payments. Source: marketwatch.com Share This:

Read More
Markets News Stocks 

Trump likes to take credit for new stock-market records — so we graded his claims

“All you need is a working Twitter account to know that President Donald Trump tries to take credit every time the stock market hits a new record high” writes Joe Ciolli for businessinsider.com. But there have been moments this year during which the so-called Trump trade, or the promise of a business-friendly change in the works, has been responsible for the gains.To best assess Trump’s fluctuating influence on stocks, we’ve looked at the S&P 500 on a periodic basis.If the high-tax index is outperforming, that implies a high degree of…

Read More
News Stocks 

Dow snaps 9-day winning streak as stocks end lower

“Among the worst performers on the Dow, Procter & Gamble Co PNG, +2.86% fell nearly 2%, while Apple Inc shares AAPL, -1.72% slid 1.7%” writes Anora Mahmudova for marketwatch.com. U.S. stock-market indexes closed lower on Thursday, retreating slightly from all-time highs, with consumer staples and technology shares selling off the most. Source: marketwatch.com Share This:

Read More
Markets News Regulators Stocks 

How much longer this stock-market bull run lasts may depend on the Fed’s next move

“Bond and currency markets, which have been the most attuned to Fed policy, will experience the greatest degree of volatility if there are any Fed surprises” writes Mark Decambre for marketwatch.com. On Wednesday, the market will see what the Fed has to say about the state of inflation in the world. Beyond the Fed, the Bank of Japan is slated to deliver its updated policy statement on Thursday.The bottom line is that not even money printing has worked to get inflation moving,” Rickards wrote. Source: marketwatch.com Share This:

Read More
Markets News Stocks 

‘Nonexistent’ stock-market euphoria means start of long decline unlikely: Goldman

“A plurality of investors are bearish, with 35.7% describing themselves as such, above the 30.5% historical average, while 35% of investors say they are neutral on the market” writes Markets Reporter for marketwatch.com. According to the weekly AAII Investor Sentiment survey, only 29.3% of investors describe themselves as bullish, meaning they feel markets will be positive over the next six months. Source: marketwatch.com Share This:

Read More
Markets News Stocks 

Do stock-market investors really care about Gary Cohn and the Trump agenda?

“Trump has claimed credit on numerous occasions for new stock market records” writes Deputy Markets Editor for marketwatch.com. Alexander argued that, in fact, the market reaction was a culmination of concerns about the potential departure of Cohn and the business community’s negative reaction to Trump’s Charlottesville response.Stocks continued to march higher, but other elements of the Trump trade soon began to break down as investors scaled back expectations for quick action as efforts to repeal Obamacare faltered.Indeed, some investors argue that the market has remained surprisingly resilient given the degree…

Read More
Markets News Stocks 

Breakdown between Dow, S&P 500 and GE sends an ominous stock-market signal

“A bearish breakdown is playing out between the broader U.S. equity benchmarks and General Electric, a key component of the Dow and one of the most storied U.S. companies” reports marketwatch.com. The appearance on the scene of a Hindenburg Omen sometimes portends a stock-market crash.Political chaos aside, the stock market is still booming and the U.S. economy has entered into its ninth year of expansion, with levels of employment and GDP roaring back to prerecession levels. Source: marketwatch.com Share This:

Read More
Markets News Stocks 

Bruising stock-market selloff may have cracked the rally’s foundations

“For S&P 500 stocks, 44.69% of components are above their 50-day moving average, down from a July 19 peak of 74%” writes Markets Reporter for marketwatch.com. For Nasdaq stocks, both the share of stocks trading above their 50-day and the 200-day averages represent the lowest since October. Source: marketwatch.com Share This:

Read More
Markets News Stocks 

Wall Street’s ‘fear gauge’ nears 3-month high as ‘fire and fury’ sparks stock-market slump

“The CBOE Volatility Index VIX, +32.13% or VIX, jumped 40% at was recently trading near its session highs at 15.49” writes Mark Decambre for marketwatch.com. Because stock prices sink faster than they rise, the VIX is often viewed as a proxy for risk in the broader equity market.Indeed, U.S. stocks, which tend to move inversely with the VIX, were trading firmly lower. Source: marketwatch.com Share This:

Read More