Energy Stocks Oneok and Chesapeake Energy Are Down. Execs Bought Up Shares.

Text size Energy firms Oneok and Chesapeake Energy saw large insider share purchases. Dreamstime.com Two energy firms caught up in a recent price slump saw large insider share purchases. President Joe Biden’s pledge to increase natural gas exports to Europe has not benefited every name in that sector. In fact, a fire at a liquefied-natural-gas … Read more

The S&P 500’s 50-day moving average remains below its 200-day moving average

US equities are painting a gloomy picture with S&P 500 entering the bear market territory. The inflation numbers announced last week ruffled the stock market and led to a meltdown with leading indices last week ending lower by around 5 per cent. On June 17, 2022, S&P 500 closed at 3,674.84 up by 8.07 points … Read more

How Long Do Bear Markets Last? S&P 500 Is Near One— and It May Fall More.

The worst selloffs began in 1973, 2000 and 2007. Spencer Platt / Getty Images Text size With the latest 4% drop on Wednesday, the S&P 500 index is now 18% below its all-time high and dangerously close to a bear market, defined by a 20% fall from the peak. Where it goes from here is … 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

US Stocks: Wall Street inches higher than Meta earnings offset GDP gloom

Wall Street edged higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in US economic growth in the first quarter. The Facebook-parent rose 12.4% after it reported a stronger-than-expected profit and the social-networking site eked out user growth. Seven of the 11 major … Read more

Here Come the Interest-Rate Hikes. They Could Be Even Worse Than You Expected.

Here Come the Interest-Rate Hikes. They Could Be Even Worse Than You Expected. .