Expert buy, hold and sell recommendations from our team of analysts.
If you need reminding about the headwinds buffeting the stock market right now, well, you haven’t been paying attention. Over September, the S&P 500 Index was off 4.7%, while the Nasdaq gave up 5.3%.
If you need reminding about the headwinds buffeting the stock market right now, well, you haven’t been paying attention. Over September, the S&P 500 Index was off 4.7%, while the Nasdaq gave up 5.3%.
In case you have the jitters about stocks right now, well I must remind you that I did warn that September is historically the worst month for stocks. A Wall Street Journal story simply put it this way: “The ‘September effect’ means this month is the worst on average for the S&P 500.”
After a hugely positive day for stocks on Thursday, negativity returned to Wall Street. This up and down action underlines how crazy it is to get comfortable about what stocks will do in the short term.
The inflation battle in the US (and for that matter here too) is nearly over but few economists and key market players are prepared to say it.
The inflation battle in the US (and for that matter here too) is nearly over but few economists and key market players are prepared to say it.
Stocks rose overnight, with all three most-watched market indexes strongly higher, despite the Fed boss Jerome Powell not declaring victory with the fight against inflation.
Another negative day for US stocks, so put on your market-panic seatbelts but don’t make them too tight because at some time over the next few weeks you’ll want to be a buyer of quality companies caught up in this temporary sell-off. Why do I say that?
The US registered another loser week for stocks, which makes it two in a row, but historically speaking, this conforms with the past as the Stock Traders Almanac says this is what often happens in the first two weeks of August.
A rally for stocks (on the back of a lower job creation figure for the American economy) U-turned when hourly wage numbers in the state of the labour market report rose more than expected.
You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.