The “Powell pump has been erased,” and the S&P 500 has lost gains made over the week after Fed Chair Jerome Powell spoke, a City Index analyst said. Hotter-than-expected data are stoking worries the Fed will keep raising rates beyond a widely anticipated 5% terminal rate. It “remains to be seen … whether the bulls… Continue reading The ‘Powell pump’ pushing the recent rally in the S&P 500 is over, and stocks may have further to fall as Fed moves and a looming recession keep investors away
The stock market may retest this year’s lows and returns will be nearly flat in 2023, Goldman Sachs chief equities strategist says
Jennifer Sor David Kostin, Goldman Sachs chief U.S. equity strategist. Brendan McDermid/Reuters Stocks may retest lows this year and returns will be near-flat in 2023, according to Goldman Sachs’ chief equities strategist David Kostin. The S&P 500 may hit 3,600 in the near term, as companies have revise 2023 earnings forecasts lower, he warned. Next… Continue reading The stock market may retest this year’s lows and returns will be nearly flat in 2023, Goldman Sachs chief equities strategist says
Robinhood is pivoting to retirement accounts as novice traders shun the get-rich-quick appeal of meme stocks
Robinhood announced plans to add retirement accounts for customers on Tuesday. The move comes as Robinhood faces a slump in retail trading activity. Robinhood shares are down 49% year-to-date, struggling to recover since the heyday of the meme-stock era. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Robinhood is pivoting to retirement accounts as novice traders shun the get-rich-quick appeal of meme stocks
David Rosenberg: Canada’s housing bubble has finally popped — don’t underestimate the impact
Another 25% decline in home prices would strip $1 trillion off Canadians’ wealth Publishing date: Dec 05, 2022 • 16 hours ago • 4 minute read 46 Comments Anybody looking at the MLS Composite Home Price Index can confidently say Canada’s infamous housing bubble has finally popped. The peak was reached back in March and home… Continue reading David Rosenberg: Canada’s housing bubble has finally popped — don’t underestimate the impact
Canadian oil stocks offer ‘tremendous upside’ for investors: BMO
This advertisement has not loaded yet, but your article continues below. Watch: BMO Capital Markets’ Randy Ollenberger on oil supply and demand An oil and gas pump jack near Granum, Alta. Photo by Todd Korol/Reuters files Article content Randy Ollenberger, Managing Director at BMO Capital Markets, talks with Financial Post’s Larysa Harapyn about how Canadian… Continue reading Canadian oil stocks offer ‘tremendous upside’ for investors: BMO
Three self-appraisal mantras to help investors get ready for 2023
Investing pro Martin Pelletier offers three things you should factor into your analysis to improve your performance Doing an honest self-appraisal can be a very useful exercise to improve future decisions. Photo by Michael M. Santiago/Getty Images Every year around this time, I do a good old-fashioned audit on what we got right, what we… Continue reading Three self-appraisal mantras to help investors get ready for 2023
David Rosenberg: Five reasons to buy energy stocks even when oil is going down
Use the selloff as a buying opportunity because we believe the longer-term picture is bullish West Texas Intermediate (WTI) is now down 34 per cent from its 52-week high, but prices should remain well supported in the future, say David Rosenberg’s team. Photo by Andrew Burton/Getty Images By David Rosenberg and Brendan Livingstone Advertisement 2… Continue reading David Rosenberg: Five reasons to buy energy stocks even when oil is going down
Five potential red flags to watch out for when choosing your next stock
Peter Hodson: It is far better to at least be aware of some possible negative signs before you buy a stock Investors can take some steps to protect their portfolios by looking out for red flags before buying a stock. Photo by Getty Images/iStockphoto We get a lot of questions at 5i Research along the… Continue reading Five potential red flags to watch out for when choosing your next stock
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