Opinion: The S&P 500 is about to break through a level that could spell the end of the bear market

The stock market has rattled at times over the past three weeks, but Federal Reserve Chairman Jerome Powell’s statements on Wednesday pushed the S&P 500 SPX, -0.09% to jump above a technical resistance level at 4030 points. The benchmark index is now challenging the declining 200-day moving average (MA) and the trend line that defines … Read more

Opinion: The S&P 500 is about to break through a level that could spell the end of the bear market

The stock market has rattled at times over the past three weeks, but Federal Reserve Chairman Jerome Powell’s statements on Wednesday pushed the S&P 500 SPX, -0.09% to jump above a technical resistance level at 4030 points. The benchmark index is now challenging the declining 200-day moving average (MA) and the trend line that defines … Read more

Stock market investors should “focus on marathon, not sprint,” says Bank of America, assuming S&P 500 to 6,000 by 2032

A rally in Chinese stocks, following some changes to the government’s unpopular and, to some, ineffective, zero-COVID policies, doesn’t appear to be doing much for Wall Street on Tuesday. Stocks are flat, perhaps overshadowed by pivot hopes that have been frozen, after New York Fed Chairman James Bullard said in an interview with MarketWatch that … Read more

The Fed’s balance sheet contraction via quantitative tightening is “a complete mistake,” says Mizuho

The Federal Reserve’s attempt to shrink its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief US economist “There is a non-trivial probability that market liquidity will be negatively impacted well before the projected $2 trillion has been eliminated, preventing the Fed from meeting its target,” Steven Ricchiuto, … Read more

Is the market at the bottom? 5 reasons why US stocks could continue to suffer well into next year.

With the S&P 500 trading above 4,000 and the CBOE Volatility Gauge, known as the “Vix” or Wall Street “fear gauge”, VIX, +0.74% having dropped to one of its lowest levels of the year, many Wall Street investors are starting to wonder if the lows have finally arrived for stocks, especially now that the Federal … Read more

Bear markets come in three stages; and we’ve just started the second one, says the veteran analyst.

Stocks to start the Black Friday mid-session near 10-week highs after bouncing in part on hopes the Federal Reserve slows the pace of interest rate hikes while waiting to see how much earlier tightening has impacted on the economy. Investors are therefore looking forward to when the Fed eventually pivots and borrowing costs can start … Read more

The best-performing sector in 2022 isn’t done crushing it, Citi says, offering three stocks to buy

You can count on it, says ours call of the day provided by Citigroup, although they say investors can’t expect such high returns. “We believe the market rotation into energy stocks should continue to run, even as names in our US coverage are already at all-time highs,” a team of analysts led by Alastair R … Read more

Here’s everything coming to Amazon’s Prime Video in December 2022

Amazon’s Prime Video has a loaded lineup for the holidays, including the return of one of its biggest shows. It would be the third season of “Tom Clancy’s Jack Ryan” (December 21), the spy thriller starring John Krasinski, who is back after a three-year layoff. The new season finds Jack in a “Mission: Impossible”-type situation, … Read more

Oil futures fall 10% on the week as COVID worries in China darken the demand picture

Oil futures posted their second consecutive weekly drop, under pressure as a resurgence of COVID-19 worries clouded the energy demand picture and broader markets kept tabs on a hawkish Federal Reserve. U.S. crude prices ended on Friday at their lowest since late September as China’s zero-COVID policy reignited this week, reigniting fears the world’s second-largest … Read more

More trouble brewing in $24 trillion Treasury market: This time it’s central clearing

Efforts to de-risk within the nearly $24 trillion US Treasury market, the deepest and most liquid securities market in the world, are ironically creating angst among market participants. Anxiety centers on the concept of central clearing, a method used to reduce and manage risk in financial markets. In September, the Securities and Exchange Commission proposed … Read more