NEWS

On analysis of the movements of S&P 500 Futures in different time frames, I find that the prevailing exhaustion may result in a steep fall in S&P 500 index at the opening bell on March 17th, 2020. If the SPX remains unsuccessful in defending the level of 2367, it may …

Tuesday Forecast, March 17 Downtrend The downtrend may be expected to continue in case the S&P 500 drops below support level 2370.50, which will be followed by reaching support level 2316.75. Uptrend An uptrend will start as soon, as the index rises above resistance level 2498, which will be followed …

The published data suggest moderate growth remains intact, but the rear-view mirror has rarely been so meaningless for assessing the likely path of the economic trend in the months ahead. As the coronavirus blowback spreads, the US economy is slowing, and in many sectors grinding to a halt. The result, …

For the last several months, we have been issuing repeated warnings about the market. While such comments are often mistaken for “being bearish,” we have often stated it is our process of managing “risk” which is most important. Beginning in mid-January, we began taking profits out of our portfolios and …

A new market meltdown marked Monday. U.S. Dow Jones collapsed by 12.9%, surpassing last Thursday’s decline (-9.9%). It was the third biggest one-day decline in the index after 1987’s Black Monday (-20.5%) and October 1929 crash (-13%). The Volatility Index, VIX, closed at its highest level in history, clearly reflecting …

Britain has woken up to its first day of the new corona regime in which the country has been told to avoid any unnecessary social contacts, travel and public gatherings and some businesses have already started closing down until the worst of the spread of the virus is over. The …

Beware of Wall Street “wisdom” now more than ever. Especially when it comes to the most commonly quoted maxim for retirement: it’s based on a rule that was never designed for times like these! Enter the “Dividend Death Spiral” I’m talking about the so-called “4% rule,” which says you should …

Blink and you missed it. The FTSE very briefly moved higher on Tuesday before resuming the sell off. The move lower comes after the Dow closed on Monday down 12.9% in its worst one day sell off in over 3 decades. US futures are managing to cling onto gains. This …

Global equity markets have been in major turmoil since governments and central banks have started to acknowledge that coronavirus is a real threat. The fact is that government and central banks have been late in acknowledging that it is a significant threat to the global economy, and have failed to …

Stock Markets14 hours ago (Mar 16, 2020 06:07PM ET) (C) Reuters. By Kim Khan Investing.com – Strong selling into the close left Wall Street with another day of historic losses, with the Dow down nearly 3,000 points, or 12.93%, the second-biggest percentage drop in history, eclipsing the crash of 1929. …