It’s still a bear market, according to the relative strength ranking of the US stock market sector. This is because the sectors that generally do best at the end of bear markets have been lagging lately. Conversely, sectors that usually do the worst at the end of bear markets have outperformed. This is not what …
If the bulls really had control, these stock sectors would be the leaders right now Read More »
Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …
The S&P 500 is about to cross a level that could spell the end of the bear market Read More »
Progress has been slow, but American society’s openness to marriage norms and money issues continues to evolve. Married couples now include the LGBTQ+ community and 38% of breadwinners are women. I share this because gender norms are becoming less normal, which actually means no one is immune to the possibility of a spouse using money …
Small has been fine this year on Wall Street. This is because the smaller cap stocks of the S&P 500 SPX, +1.36% have largely outperformed larger cap stocks since January. The eight stocks with the largest market capitalizations at the start of the year – which at the time represented 27.2% of the total market …
We do not yet know if the recent rally triggers a new bull market in equities. But here’s a sure bet: once the new bull market is here, entirely different groups will lead. It will be with the old – think of the FAANGs – and with the new. To find out which new sectors …
AUSTIN — A report by consultancy Energy and Environmental Economics recommends Texas emulate the power grid structure of New England, New York and the Mid-Atlantic. The members of the Public Utility Commission lean towards another approach. The report, released Thursday, analyzes six specific market reshaping options. Of these, E3 recommended the state select a downstream …
New report offers market redesign recommendation, PUCT skeptical Read More »
Walt Disney Co. has a profit problem, and it has helped send the media giant’s shares to their worst daily performance in more than two decades. Although Disney DIS, -13.16% posted record sales in its most recent fiscal year, executives stunned investors with their segment operating profit forecast, which the company uses “as a measure …
Disney stock drops to worst day since 2001 after ‘massive drop in profits’ Read More »
