U.S. stocks rose Tuesday as the market took heart from the easing of restrictions on businesses in the U.S. and Europe, amid hopes for an early vaccine to prevent the further spread of the COVID-19 pandemic. Investors also were watching a rise in crude oil prices and continued to monitor …
Read More »Stock market rally went too far, too fast — expect a decline before prices rise again
U.S. stocks have soared, but low trading volume suggests many investors got shaken out in March and have been sulking on the sidelines. As the chart below shows, trading volume for the SPDR S&P 500 Trust SPY, -2.23%, which tracks the benchmark S&P 500 Index SPX, -2.28%, rose during the …
Read More »Market Extra: Under Fed’s new criteria, Equifax, Nasdaq and Tiffany & Co. are ‘Main Street’ companies
Equifax Inc., Nasdaq Inc. and Tiffany & Co. aren’t typically the kind of names associated with the troubles faced by Main Street businesses. But they now are among the more than 100 companies in the S&P 500 index that would fit the Federal Reserve’s expanded criteria unveiled Thursday to help …
Read More »Market Extra: ECB’s emergency response to coronavirus economic crunch applauded — but more help likely to be needed
To the European Central Bank President Christine Lagarde’s relief actions did speak louder than words. The question for investors is whether more action is in store this week. ECB policy makers, who will hold a virtual policy meeting on Thursday, have taken a number of emergency measures since their last …
Read More »The Tell: A ‘sell in May’ risk looms over the market, Nomura quant warns
The equities market seems to be positioned for the old adage “sell in May and go away” to come to fruition. That’s the finding of Nomura quantitative strategist Masanari Takada, who said a shakeout is coming as scheduled. Most of what are called commodity trading advisors are trend followers, and …
Read More »Market Snapshot: Dow set to stumble a second day after historic plunge in oil prices
U.S. stock-index futures early Tuesday pointed to a second day of losses for the major benchmarks after a historic fall for oil, as investors braced for a fresh slate of earnings and weighed the impact of overnight developments. President Donald Trump said he planned to sign an executive order to …
Read More »In One Chart: What will the stock market look like in a post-coronavirus world? The bulls are hoping history repeats itself
The Dow Jones Industrial Average DJIA, +2.99% ended a four-week stretch Friday with a total return approaching 30%, bouncing back from its worst first-quarter performance in history. As the worst pandemic in a century continues to take its toll on the global economy, investors, with no clear end in sight, …
Read More »The U.S. stock market may enjoy the biggest rally ever when the pandemic is over
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally if the coronavirus were vanquished. President Donald Trump has said that, due to pent-up demand, the economy will eventually “pop back like nobody’s ever seen before.” Regardless of your political views, …
Read More »The biggest mistake stock market investors are making now — failing to look ahead
In the wake of coronavirus-related volatility in the stock market, investors are asking: “Is the economic data showing that there will be a depression?” The No. 1 mistake investors make as they try to figure out the answer is that they are mostly focused on one dimension of a two-dimensional …
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