The current geopolitical landscape, U.S. government dysfunction, a technical breakdown for stocks, rising interest rates, and tighter financial conditions are the scariest risks that investors are facing this Halloween, according to LPL Financial.
Euro zone economic growth was weaker than expected in the third quarter, with GDP contracting slightly quarter-on-quarter and the year-on-year growth rate slowing sharply.
European markets rose as investors processed economic data from the Eurozone and corporate updates, including BP's lower-than-expected earnings, while Vodafone agreed to sell its Spanish arm in a €5 billion deal.
The dithering of stocks presents a potential opportunity for investors to benefit from a covered calls options strategy.
Morgan Stanley's CIO predicts that the stock market will not experience a year-end rally in 2023, citing lackluster earnings and strong headwinds from high interest rates as factors pulling the market lower.
There is a 40% chance that the recent stock market correction may escalate into a significant bear market.
This article discusses a 5-minute bar chart for Comex gold futures, which provides key short-term moving averages and potential entry points for active intra-day gold futures traders.
Stock markets experienced a surge on Monday after recent losses, but the optimism may be short-lived as traders face various potential market surprises this Halloween week, including high bond yields, the Federal Reserve's interest rate decision, geopolitical strife, mixed tech earnings, and a three-day walkout by Walgreens and CVS pharmacy staff.
House sales in Northern Ireland have decreased by 18% in the first nine months of 2023, with rising interest rates making mortgages more expensive, resulting in a cooling of housing markets across the UK.
Renewable energy industry is experiencing a lull due to higher interest rates, but long-term trends favoring the industry, such as increasing electricity and oil/gas usage, make SunPower, NextEra Energy Partners, and Rivian well-positioned in the next energy bull market.
Stock picker Ken Farsalas at Oberweis Asset Management has achieved impressive returns by investing in little-known companies with positive earnings surprises, challenging the notion that beating the market is futile in the long run.
The Bank of Japan (BOJ) has signaled an end to its seven-year yield curve control policy, allowing government bond yields to rise, which may lead to higher borrowing costs for the Japanese government, companies, and consumers and fewer foreign investment outflows from Japan.
Metal markets are uncertain as investors await the Federal Reserve's interest policy decision and pay attention to geopolitical risks, corporate earnings, and interest rates.
The U.S. and global markets are seeing some relief as a more modest yearend schedule of Treasury debt sales and a reduction in borrowing expectations is helping bonds rally, while the Bank of Japan's modest tightening tweak is also soothing fears, leading to a positive day for Wall Street stocks and hopes that the risk premium for holding long-term debt may ease.
Two trillion-dollar technology giants, Amazon and Alphabet, completed stock splits last year, and their solid track record, promising work, and potential for growth in a bull market suggest that these stocks could continue to rise.
A new report reveals that 19% of renters in English property hotspots have had to move at least five times in five years due to rising rents or landlords selling up, causing immense stress and negatively impacting mental health. Despite promises to scrap section 21 no-fault eviction orders, the ban has been continuously delayed, leaving renters vulnerable and landlords considering selling up. The housing market is in a state of crisis, with affordable rentals shrinking and housing allowances frozen, while senior Tories focus on short-term solutions that do not address the root causes of the problem.
Despite recent market corrections, the S&P 500 Shiller price-to-earnings (P/E) ratio indicates that stocks may have further to fall, based on historical correlations. However, history also shows that time in the market consistently outperforms trying to time the market, making long-term investing the preferred strategy.
Bitcoin (BTC) has seen a 27% increase this month, its highest single-month percentage rise since January, with other cryptocurrencies following its lead and experiencing an expanding market breadth, indicating a healthier and more sustainable bullish momentum.
The global IoT device management market is projected to reach $10.42 billion by 2031, driven by the increasing number of IoT devices and the need for efficient management solutions to address data security concerns.
The author criticizes most market analysis as regurgitation of fallacies and emphasizes the importance of market sentiment over fundamental factors and exogenous events, while also highlighting the need for market context and the use of Elliott Wave analysis to identify potential market reversals. The author suggests that the recent drop in the market increases the probability of a potential market crash to the 2900-3300SPX region, but remains open to the possibility of a rally to the 4800SPX region.
BP has reported lower-than-expected profits in the third quarter due to lower global energy market prices and a decline in its gas trading business, marking its first set of financial results since the departure of its CEO.
The founder of philstockworld.com, Phil Davis, discusses the current investment landscape, expressing concern about the stretched markets and irrational exuberance, while also highlighting the impact of geopolitical risks, interest rates, and inflation on market volatility and consumer spending.
The global pandemic and geopolitical tensions are prompting increased government interventions in the economy, which investors should take into account when selecting assets, favoring tangible companies, industrial and defense firms, recipients of subsidies, and commodities.
The NASDAQ Composite, SPDR S&P 500 ETF, S&P 1500 ETF, S&P 500 Equal Weight ETF, Russell 2000 Small Cap ETF, and SPDR Bloomberg High Yield Bond ETF are all at important support levels, and the market's direction will depend on whether these levels hold or break.
Despite a labor strike causing uncertainty about earnings prospects, Ford's overreaction to short-term events, including a softened electric vehicle market and losses in the EV division, make it an attractive value proposition and significantly undervalued.
Asian shares traded mostly lower as investors anticipated a volatile week in financial markets, with key reports on US consumer confidence and the job market, as well as announcements on interest rates from the US Federal Reserve and the Bank of Japan's policy meeting.
Japan needs to be cautious in its exit from yield curve control, as mismanagement could disrupt global markets and lead to a financial accident, according to economist Mohamed El-Erian.
Asian equities ease and the yen remains close to a two-week high as traders await the Bank of Japan's policy decision regarding inflation forecasts and potential adjustments to its bond yield control.
Manhattan's stalled office leasing market is set to see a surge in activity, with several large deals for up to 250,000 square feet each close to completion, signaling potential for even larger transactions in 2024, despite the current overall availability rate of nearly 20%.
Japan stocks rise after the Bank of Japan announces unchanged interest rates and increased flexibility in its yield curve control policy, while other markets in the Asia-Pacific region decline due to China's unexpected contraction in manufacturing activity.
ChargePoint Holdings, Inc. (CHPT) closed at $2.46, down 1.2% from the previous day, and its upcoming earnings release is highly anticipated by investors.
Shares of Alexandria Real Estate Equities Inc. (ARE) rose 1.49% on a positive day for the stock market, with the company closing below its 52-week high.
The Bank of Japan's policy meeting stands out among other economic releases in Asia, with speculation growing that they may tighten monetary policy further, causing the yen to rally and Japanese stocks to decline.
The housing market correction caused by rising mortgage rates has resulted in overvalued home prices, with Idaho being the most overvalued state, followed by Utah. Idaho's home prices are estimated to exceed their fundamental value by 41.87%, while Utah's exceed by 26.31%.
Shares of IBM inched 0.08% higher to $142.63 on a favorable day for the stock market, but underperformed compared to some of its competitors.
Pinterest beat revenue and profit estimates for the third quarter, benefiting from a stabilizing digital advertising market and a push to drive up shopping on its platform, leading to a 13% increase in its shares in aftermarket trading.
Stocks surged on Monday, with the Dow gaining over 500 points, and big tech stocks like Alphabet, Meta, and Amazon joining in the rally. The 10-year Treasury yield edged lower and oil prices were also lower due to a restrained ground invasion of Gaza.
US stocks rallied on Monday as investors looked ahead to the Federal Reserve's policy decision and earnings from Apple, with the S&P 500 climbing 1.2% and the Dow Jones Industrial Average jumping 1.6%.
Elon Musk's net worth has taken a multibillion-dollar hit due to a sharp decline in Tesla's shares, further exacerbated by factors such as disappointing Q3 earnings and a decrease in EV demand, while competitors like GM and Ford are also facing setbacks in their EV pursuits due to poor sales and high production costs.
Elon Musk's net worth has suffered a significant decline due to a drop in Tesla shares, erasing billions of dollars in just a few hours of trading, potentially caused by lower production from battery supplier Panasonic and a revaluation of Tesla as primarily a car manufacturer rather than a tech phenomenon. Additionally, both GM and Ford have delayed and scaled back their plans for electric vehicles (EVs) due to slow demand and profitability concerns, indicating that customers are not willing to pay a premium for EVs over traditional vehicles.
McDonald's stock rallied 1.7% after reporting higher-than-expected earnings and same-store-sales growth, with analysts anticipating the company to navigate a soft economy better than its peers due to its buying power and financial strength.
Pinterest exceeded expectations for third-quarter revenue and profit, benefiting from a stable digital advertising market and partnerships with companies like Amazon, resulting in a rise in shares by 13% in aftermarket trading.
Tokenized versions of U.S. Treasuries have grown significantly in 2023, reaching a market value of $698 million, driven by both new entrants and the expansion of existing platforms, with Ethereum surpassing Stellar in value and other blockchains like Polygon and Solana also attracting assets, according to RWA.xyz; diversification of the blockchain landscape for tokenized assets is evident, and the market for tokenized assets is predicted to reach $10 trillion by the end of the decade.
Morningstar's chief U.S. market strategist, Dave Sekera, expects the Federal Reserve to remain on hold and start cutting rates in the first half of next year due to moderate inflation and slowing economic growth; he also discusses upcoming earnings reports for companies like Apple, Caterpillar, and Starbucks, as well as the recent Big Tech earnings from Microsoft, Alphabet, Meta, and Amazon. Sekera recommends Clorox, Medtronic, NiSource, and Microsoft as potential stock picks, noting their value and potential for growth.
Apple Inc. may face a drop in sales of its Apple Watch models to zero on Christmas Day due to an import ban and cease-and-desist order imposed by the International Trade Commission, based on claims by Masimo Corp. and Cercacor Laboratories that the watches infringe on their medical technology patents.
The Dow Jones Industrial Average rose nearly 500 points as the Federal Reserve prepared for a two-day meeting, while tech stocks attempted a rally and General Motors reached a labor deal with the United Auto Workers union.
Rising borrowing costs, including high mortgage rates and increased home prices, are causing housing affordability to deteriorate in the US and may lead to a recession in the housing market, according to Wells Fargo economists.
Higher mortgage rates and rising home prices are eroding housing affordability in the US, increasing the risk of a recession in the housing market, according to Wells Fargo economists. The longer mortgage rates remain elevated, the higher borrowing costs become, which could negatively impact housing activity.
Stock prices are expected to weaken as corporate profits decline due to high interest rates and deteriorating consumer finances, according to JPMorgan.
Shares of auto chip specialist On Semiconductor (ON) dropped 19.5% due to a soft fourth-quarter outlook, indicating a cooling electric vehicle (EV) market, which may be attributed to higher interest rates and possible market saturation among early EV adopters.