Wall Street is on a five-day losing streak. The decline, as measured by the S&P 500 SPX, -0.19%, 3.6% isn’t so great, but it seems hopelessly inevitable once the benchmark fails to hold above its 200-day moving average. The relapse of every rally in 2022 is recognition that equities’ relationship with central banks has changed. …
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 …
Oops. Stocks fell through key support on Tuesday and it looks like some recent momentum has now run out. The new line in the sand for the S&P 500 SPX appears to be 3,900. Whether or not Santa Claus will eventually come remains to be determined, with Mr Claus possibly postponing a decision until next …
Monday served as yet another blow to investors betting on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the central bank – a 0.75% rise next week instead of the 0.50% the markets had pinned their hopes on – following strong data on services, employment …
$3,000 gold and more outrageous market predictions investors shouldn’t discount. Read More »
Photo: Acura Before I can see the camouflaged car come around the corner from Honda’s Tochigi proving ground, I can hear it. The distinct sound of a turbocharged four-cylinder echoes off the walls, but with far more personality than anything else Honda offers. It’s louder and more rowdy, with pops and bangs that rival Hyundai’s …
The Acura Integra Type S is coming and we have to drive a prototype Read More »
Uncertainty continues for investors following a recent mixed batch of data – weaker than expected inflation, stronger than expected jobs and wages – as we enter the third week before Christmas. And we’re ending a year that just hasn’t been great for most investors. Feels a bit of your pain, Hussman Investment Trust chairman and …
This long-time bear warns of a “trap door” situation looming for the stock market. Read More »
The new year is fast approaching and one idea for where to invest is the banking sector, whose margins benefit from high interest rates, at undemanding valuations. This statement may surprise those who think that the US banking industry has about $2.2 trillion in capital. But it reduces that figure in several ways. First, he …
