-
How The Santa Claus Rally Could Predict January And 2021 Returns
Wednesday, December 23, 2020 - 4:45pm | 485Read More...The S&P 500 has rebounded since the lows seen in March. The Santa Claus Rally that could happen during the last few days of 2020 could help predict the performance of stocks in 2021. What Happened: The Santa Claus Rally is typically defined as the last five trading days of the year and the...
-
5 Takeaways From A Surprisingly Strong Earnings Season
Wednesday, August 19, 2020 - 5:30pm | 432Read More...While second-quarter earnings for S&P 500 companies are down 33% year-over-year, 82% of companies reporting have exceeded analyst expectations, the highest percentage in FactSet’s tracking history. Q2 Takeaways: LPL Research analyst Jeffrey Buchbinder recently discussed the blowout second...
-
5 Reasons The Value Stock Rally May Run Out Of Steam
Tuesday, June 2, 2020 - 12:30pm | 543Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) has now rallied 37.3% since March 23, but there has been a subtle shift in market leadership in the past couple of weeks. Value stocks have outperformed growth stocks as buying volume has rotated out of the best-performing stocks of the year and into some...
-
Analyst: Odds Of Correction Have Risen, 'Buying Dips May Be Rewarded'
Tuesday, August 6, 2019 - 1:50pm | 464Read More...Markets have been on a steady retreat since the start of August, trimming some of the heady gains they witnessed this year. One analyst has broached the possibility of a pullback or a correction, said he's not overly worried in light of solid fundamentals. Keeping Up With Seasonality August...
-
Is A Santa Claus Rally On The Horizon?
Sunday, December 16, 2018 - 2:52pm | 960Read More...The financial markets are in doldrums, with the final quarter of the year being particularly unkind for Wall Street participants. A combination of factors, including the ongoing U.S.-China trade imbroglio, are slowing global growth, and the dollar's strength and monetary policy normalization...
-
What A Split Congress Means For The Stock Market
Wednesday, November 7, 2018 - 3:56pm | 639Read More...Now that the votes have been tallied from the midterm elections, investors are shifting their attention to what the fallout from the midterms will be for the stock market. The early returns on a divided Congress are positive, with the SPDR S&P 500 ETF Trust (NYSE: SPY) trading higher by 2...
-
Despite Recent Rout, This Analyst Says The S&P 500 Could Still End 2018 Near 3,000
Tuesday, October 23, 2018 - 2:50pm | 427Read More...After ending the Sept. 20 session at an all-time closing high of 2,930.75, the S&P 500 Index has pulled back by about 7 percent as worries concerning the midterm elections, the Sino-U.S. trade standoff and a rising rate environment push traders to the defensive. But redemption...
-
Analysts Weigh In On US-China Trade Developments
Wednesday, May 23, 2018 - 1:14pm | 572Read More...The S&P 500 traded lower by more than 10 percent Wednesday morning as investors digest the latest developments in an ongoing Sino-American trade dispute. Negotiations Sour On Wednesday morning, President Donald Trump expressed skepticism about a potential trade deal with China, tweeting...
-
The Bull Market Turns 9 Years Old
Friday, March 9, 2018 - 7:28am | 603Read More...The current bull market turned nine years old Friday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six years...
-
How Past Summer Storms Impacted Gas Prices The Following Month
Sunday, September 3, 2017 - 11:02am | 872Read More...Even as Texas reels under the impact of Harvey and the markets mull over the ramification of the catastrophe on the local and national economy, news of soaring gasoline prices, which rose to a two-year high, set alarm bells ringing. RBOB, or reformulated blend stock for oxygenated blending,...
-
Fact: The S&P 500 Hasn't Moved Up Or Down 0.5% For 9 Straight Days
Thursday, July 28, 2016 - 11:10am | 497Read More...Here's an interesting fact courtesy of Ryan Detrick of LPL Financial: The S&P 500 index hasn't gained or lost more than 0.5 percent in a single day for nine straight sessions. S&P 500 futures have been stuck in a trading range over the last eight days, bouncing between a low...
