WinningStockPlays

Stocks could perform well despite an inverted yield curve, Leuthold’s Jim Paulsen said. Paulsen noted that previous inversions saw a gain in the S&P 500 over the following years five out of nine times. The S&P 500 may also have already discounted future headwinds, making losses from here minimal. Loading Something is loading. Thanks for… Continue reading Here’s why the inverted yield curve isn’t as bad for the stock market as many fear, Leuthold Group’s Jim Paulsen says

Despite the overwhelmingly bearish stock market commentary towards 2023, there is still one factor that could drive upside.Bank of America’s bull case scenario sees the S&P 500 surging 16% to 4,600 by the end of 2023.”Wall Street is bearish, which is bullish,” BofA’s Savita Subramanian said in her 2023 outlook. Loading Something is loading. Thanks… Continue reading The stock market has one bullish factor to lean on heading into 2023, and it could help drive a 16% rally next year, Bank of America says

Brent crude could climb as high as $110 per barrel in 2023, according to Bank of America.  Analysts wrote in a note on Thursday that a price cap on Russian oil remains an upside risk.  The note outlines other key risks, including OPEC members like Iraq and Libya.  Loading Something is loading. Thanks for signing… Continue reading Oil prices may hit $110 a barrel in 2023 but Russia risk could ‘turbocharge’ them even higher, BofA says

George Glover Bill Ackman is shorting the Hong Kong dollar for his latest trade. Richard Drew/AP Billionaire investor Bill Ackman is shorting the Hong Kong dollar for his latest trade. It’s a ‘smart lottery ticket’ bet that the currency’s dollar peg will break as interest rates rise, veteran trader Boaz Weinstein said. From making $2.6… Continue reading Bill Ackman’s latest short is a ‘smart lottery ticket’ bet against the Hong Kong dollar – here are 7 of his biggest trades

Three major Wall Street banks expect the S&P 500 to tank over 20% at some point next year.  US stocks face a recession, cuts to earnings outlooks and liquidity risks as the Fed hikes rates. Here’s what Morgan Stanley, Bank of America and Deutsche Bank say about what could drag stocks lower. Loading Something is… Continue reading From Bank of America to Morgan Stanley, Wall Street giants are expecting stocks to crash more than 20% next year. Here’s what they’ve been saying.

BlockFi filed for Chapter 11 bankruptcy on Monday, citing hefty exposure to FTX.  The crypto platform owes $30 million to the SEC, per bankruptcy filings. FTX, which once offered BlockFi a $400 million credit line, ultimately led to the firm’s bankruptcy. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The unraveling of $3 billion crypto lender BlockFi amid FTX’s ‘death spiral’, according to bankruptcy filings

Chinese cities this week loosened COVID restrictions in the wake of mass protests, lifting Chinese stocks.  But market watchers are still preparing to see if China is ready to announce a full reopening of its economy.  Here are five things experts say they’re watching in China after protests shook the market.  Loading Something is loading.… Continue reading China’s COVID policy is top of mind for investors as unrest rattled markets this week. Here are 5 things they’re watching as Beijing signals willingness to loosen some restrictions.