Markets right now ‘lack any sense at all’, and nothing will change until the inflation picture becomes clearer, Wells Fargo says

Markets “lack any sense at all,” and that won’t change until the inflation situation changes, according to Wells Fargo. Gains from the recent rally may be wiped out, as previous rallies have also failed this year. Inflation in September clocked in at 8.2%, still hovering near 40-year highs.  Loading Something is loading. Thanks for signing… Continue reading Markets right now ‘lack any sense at all’, and nothing will change until the inflation picture becomes clearer, Wells Fargo says

The housing market is in free fall with ‘no floor in sight,’ and prices could crash 20% in the next year, analyst says

The housing market will continue to plummet as there’s “no floor in sight,” according to Pantheon Macroeconomics.  Chief economist Ian Shepherdson wrote in a note Thursday that home prices could fall as much as 20%.  His warning came after existing home sales dropped for an eighth consecutive month, the longest slump since 2007. Loading Something… Continue reading The housing market is in free fall with ‘no floor in sight,’ and prices could crash 20% in the next year, analyst says

Stock Market Today: Stocks Fall as Bond Yields Climb

Stocks closed lower Wednesday as rising government bond yields offset a round of well-received corporate earnings reports. On the earnings front, Netflix (NFLX) stock rallied 13.1% after the streaming giant unveiled better-than-expected third-quarter results and gave details on its planned crackdown on password sharing. Additionally, “Netflix’s ad-supported tier, the launch of which has been moved… Continue reading Stock Market Today: Stocks Fall as Bond Yields Climb

Netflix Stock: Are Better Times Ahead?

It appears that reports of Netflix’s (NFLX (opens in new tab), $275.13) demise were greatly exaggerated. Netflix stock gapped up more than 15% in early Wednesday’s trading after the streaming leader easily topped both Wall Street’s and its own forecast for subscriber growth.  The market pretty much always overreacts, both to the upside and downside,… Continue reading Netflix Stock: Are Better Times Ahead?

Is It Time for Retirees to Break Up With Bonds?

Investors who are nearing or already in retirement have long been urged to shift the bulk of their investment savings from equities to bonds. The idea is simple (and you’ve likely heard this advice many times): You buy stocks when you’re willing — or can tolerate — exposure to volatility in exchange for a potentially… Continue reading Is It Time for Retirees to Break Up With Bonds?

10 Best Stocks You’ve Never Heard Of

published 18 October 2022 An important advantage retail investors have over institutional buyers when seeking out the best stocks to buy is the ability to find undiscovered gems, which are generally too small for fund managers to hold. Institutions invest billions of dollars at a time and are thus reluctant to buy thinly traded equities… Continue reading 10 Best Stocks You’ve Never Heard Of

US stocks snap 2-day win streak as investors digest surging bond yields ahead of more high-profile earnings

Matthew Fox Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020. Andrew Kelly/Reuters US stocks snapped a two-day win streak on Wednesday despite solid corporate earnings reports.The decline came as bond yields surged, with the 10-year US Treasury yield jumping to its highest level… Continue reading US stocks snap 2-day win streak as investors digest surging bond yields ahead of more high-profile earnings

Retail investors are the most bearish they’ve been in months after September’s inflation shock, but a rebound in the S&P 500 would spark new buying spree, research firm says

Bearishness among retail investors reached its highest since June after the last CPI report, Vanda Research says.  Individual investors appear to be raising their allocation to money market funds and cash. The cohort is likely increase net buying of speculative assets over the next two weeks if the S&P 500 can sustain a rally.  Loading… Continue reading Retail investors are the most bearish they’ve been in months after September’s inflation shock, but a rebound in the S&P 500 would spark new buying spree, research firm says