Conditions Are Ripe for a Deep Bear Market

With the S&P 500 briefly on Friday down 20% from its January peak, it is very tempting to start trying to call the end of the selloff. The problem is that only one of the conditions for a rally is in place, that everyone’s scared. That worked beautifully for timing the start of the 2020 … Read more

Elon Musk called ESG a scam – did the Tesla chief do investors a favor?

Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG. This week, a major move to cut Tesla from a closely followed environmental, social and governance (ESG) index brought anger and relief in nearly equal measure. Defiance … Read more

Watch out if you’re male, over 45, and think you know about investing

The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. That’s because investors in these demographic categories are more likely to react to the market’s decline by freaking out and “panic selling.” And if … Read more

Palo Alto Networks stock rockets more than 10% as cybersecurity company hikes annual guidance a third time

Palo Alto Networks Inc. shares rallied in the extended session Thursday after the cybersecurity company beat the Street’s expectations for the quarter and hiked its full-year guidance for a third time in a row. “We saw strong top-line growth in Q3, which is a testament to our teams’ consistent execution in capitalizing on the strong … Read more

Dow futures up nearly 500 points ahead of retail sales and comments from Fed’s Powell

US stock index futures surged on Tuesday, with the technology sector leading the way higher ahead of a batch of economic data, including April retail sales and comments from several Federal Reserve speakers, including Chairman Jerome Powell later in the session. Walmart’s WMT, + 0.11% earnings are also due Tuesday. How are stock-index futures trading? … Read more

It Might Not Be Time to Buy Stocks Yet. This Technical Analyst Sees the Market Going Even Lower.

Text size Michael Nagle / Bloomberg The major US stock market indices have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical analysis of current market conditions. Andrew Addison, a veteran market technician, proprietor of the Institutional View research … Read more