Automotive

Stock-market investors brace for busiest week of earnings season.  Here's how it stacks up so far.

Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.

So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500 SPX, +2.37% and Nasdaq Composite COMP, -0.81% to their strongest weekly gains since June. It gets more hectic in the week ahead, with 165 S&P 500 …

Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far. Read More »

What's needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says

What’s needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says

It’s the end of what felt like another very choppy week in stocks. And yet the S&P 500 SPX, +0.34% is in line to start the final session only about 1% or so below last Friday’s close. Uncertainty is hobbling the bulls. Many traders seem minded. given that the S&P 500’s year-to-date drop of 23% …

What’s needed for stocks to rally is capitulation, but that could come from unexpected sources, strategist says Read More »

What's going to break next?  Look for leverage and artificial constraints, says this fund manager

What’s going to break next? Look for leverage and artificial constraints, says this fund manager

There seems to be a competition between UK fiscal and monetary authorities as to which can cause the most turmoil in financial markets, in light of Bank of England Gov. Andrew Bailey told a conference in Washington DC that pension funds had three days to sell UK government bonds. A question that’s going around is …

What’s going to break next? Look for leverage and artificial constraints, says this fund manager Read More »

Quite a pivot: Ray Dalio has just reversed his long-held stance on this key asset class.

Quite a pivot: Ray Dalio has just reversed his long-held stance on this key asset class.

For years, Ray Dalio has made his disdain for cash abundantly clear. The founder and co-chief investment officer of Bridgewater Associates, the world’s largest hedge fund, told everyone who would listen that cash was trash, a point he repeated at the MarketWatch “Best New Ideas In Money” festival just two weeks ago. Dalio said cash …

Quite a pivot: Ray Dalio has just reversed his long-held stance on this key asset class. Read More »

Elon Musk Sends Scathing Message to Tesla Investors

Elon Musk Sends Scathing Message to Tesla Investors

Elon Musk is not a Chief Executive Officer like the others. Tesla’s (TSLA) boss is atypical. He refuses to obey the rules often imposed on executives of public companies. The billionaire did not hesitate to relaunch the showdown with the US Security and Exchange Commission (SEC) despite a 2018 settlement with the regulator. In September …

Elon Musk Sends Scathing Message to Tesla Investors Read More »

Are you tempted to buy AMC's new APEs?  Be prepared to lose everything, the company warns

Are you tempted to buy AMC’s new APEs? Be prepared to lose everything, the company warns

Shares of AMC preferred equity units, or ‘APEs,’ rose 5% Monday, while the company’s common stock fell 7.5%, after the company unveiled plans to sell another up to 425 million APEs. At current prices, the cinema chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a regulatory …

Are you tempted to buy AMC’s new APEs? Be prepared to lose everything, the company warns Read More »

Growling Powell causes Goldman to cut its S&P 500 price target.  Again.

Growling Powell causes Goldman to cut its S&P 500 price target. Again.

During the height of the bull market – which, boy, seems so long ago – the call-option crazy punters inhabiting the Wallstreetbets channel had a favorite meme to explain why stocks would keep going higher. “Money Printer Go Brrr” featured a Rambo-esque Jay Powell, chair of the Federal Reserve, determinedly firing out greenbacks to whoever …

Growling Powell causes Goldman to cut its S&P 500 price target. Again. Read More »

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

Stocks slumped in the final hour, and after hours, FedEx issued the worst warning relative to expectations that one Deutsche Bank analyst has seen in 20 years. Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after the latest shocking …

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns Read More »

Even after the market meltdown, investors are still making two implausible assumptions about the next six months, this economist says

Even after the market meltdown, investors are still making two implausible assumptions about the next six months, this economist says

Not for the first time, inflation numbers caught the market by surprise. The bad news was the S&P 500 SPX, -4.32% saw the largest one-day decline in two years, slumping 4.2%. The good news if you’re checking your 401(k), you’re only back to last week’s levels, and futures are holding up in the early hours …

Even after the market meltdown, investors are still making two implausible assumptions about the next six months, this economist says Read More »

Robinhood users buy and hold companies 'they know, understand and believe in for the long-term.'  Here are their favorite stocks.

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.

Tech companies, electric-vehicle makers and some meme stocks are part of the aggregate mix of equities inside the portfolios of Robinhood users, according to a new index from the brokerage app geared at new investors. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, Tesla TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, …

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks. Read More »