Tag: financial market news

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?…

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Gold slides below $ 1,800 an ounce after biggest weekly fall in 11 months

Gold futures remained under pressure to start the week, drifting below the $ 1,800 an ounce threshold on Monday. Gold for June delivery GC00, -0.15% GCM22, -0.15% fell $ 9.50, or 0.5%, to $ 1,798.70 an ounce on Comex, after dipping below $ 1,800 in Friday’s session when it closed at its lowest since Feb.…

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Mark Mobius sees bitcoin plunging to $ 10k: ‘Buy the dip will not work’

Veteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s price, predicting a meltdown in the crypto market could drive its price to as low as $ 10,000 in the coming months. Bitcoin has suffered huge losses over the past week, plummeting by as much…

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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…

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Stocks Are Way Down. They’re Still Expensive.

US stocks are off to their worst start to a year in more than a half-century. By some measures, they still look expensive. Wall Street often uses the ratio of a company’s share price to its earnings as a measuring stick for whether a stock appears cheap or pricey. By that metric, the market as…

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This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years

Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue – by far – is overall asset allocation: How much to stocks, sectors, assets and so on. Picking individual securities within those asset classes – individual stocks or bonds, for example – usually turns out to…

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