The major U.S. indices posted their second consecutive positive weekly close last week. They were led by the small-cap Russell 2000 and tech-heavy Nasdaq 100 indices, which gained 2.7% and 1.7%, respectively. This is a positive near-term sign, as these indices typically lead the broader market higher and… Read More
All major U.S. indices closed in the green last week, led by the small-cap Russell 2000, up 3.9%, and the tech-heavy Nasdaq 100, up 3.6%. One of the main characteristics of the market in 2016 has been see-sawing, directionless trading with huge intraday swings. This is a relatively… Read More
The economy has been growing, albeit slowly, over the past six years, and the biggest banks have... Read More
The economy has been growing, albeit slowly, over the past six years, and the biggest banks have managed to survive and even thrive in some cases. But there’s a canary in the coal mine... Read More
Despite a strong rebound on Friday, the major U.S. indices closed lower again last week. Leading the way down were the small-cap Russell 2000 and blue-chip Dow Jones Industrial Average, which each lost 1.4% for the week. #-ad_banner-# The week’s most important technical event was the S&P 500’s… Read More
The Chinese government thought it could outwit investors and foreign governments with its overblown economic growth figures, currency manipulation and complex market meddling. But the country’s game of smoke and mirrors is finally coming to an end. Bearish bets are piling up, and it’s only a matter of… Read More
The major U.S. indices closed sharply lower last week, following a sharp-but-short-lived, two-week... Read More
The major U.S. indices closed sharply lower last week, following a sharp-but-short-lived, two-week broader market rally. Last week’s sell-off was led by the tech-heavy Nasdaq 100, off 6%, and... Read More
The major U.S. indices closed higher last week, adding to the previous week’s gains. The rebound was led by the blue-chip Dow Jones Industrial Average, which climbed 2.3%. The tech-heavy Nasdaq 100 — which typically leads the market both higher and lower — brought up the rear with… Read More
The major U.S. indices overcame early weakness last week to post across-the-board gains. The... Read More
The major U.S. indices overcame early weakness last week to post across-the-board gains. The advance was led by the tech-heavy Nasdaq 100, which gained 2.9%, although the market-leading index is... Read More
The carnage on Wall Street continued last week. Stocks finished sharply lower, led by the small-cap Russell 2000, which lost 3.7% to end Friday down 11.3% for the year. Of the major indices, the S&P 500 shows the smallest year-to-date loss, off 8%. While there are a few… Read More
Panic can lead humans to make very poor decisions. In the heat of the moment, we tend to revert to our most basic fight-or-flight instincts. For instance, in a market sell-off, when stocks keep going further and further down, many investors just want the pain to stop… so they sell,… Read More