“The market is going to remain choppy,” said Quincy Krosby, chief global strategist at LPL Financial, citing variables such as the upcoming election, Treasury yields and consumer spending. “There are questions as to: Where are we headed? Where’s the economy headed?” A chunk of May’s...
In the mean time, the market has been rallying. But even though theS&P 500hit another all-time high on Friday, Suttmeler said the broader market is showing “pesky bearish divergences,” with only 34% of NYSE stocks rising on the day. This kind of market breadth is a risk for market ...
[ October 8, 2024 ] ACHR, BPTH, PLUG, REGRF: Leaders Report Latest Advances in Electric Aviation, Obesity Treatment, Clean Energy and Digital Transformation of $31 Billion Watch Market News Feed [ October 8, 2024 ] Archer (NASDAQ: ACHR) Surpasses 400 Test Flights This...
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“The powerful growth story in AI has been all-consuming, but it’s not the only story in the market,” said David Russell, global head of market strategy at TradeStation. “Powell’s testimony this week and the CPI report remind investors that other catalysts can boost other kinds of comp...
“A holiday-shortened week was more than enough time for bears to remind everyone that January’s rally didn’t mean stock-market volatility had been permanently exiled,” said Chris Larkin, head of trading and investing at E-Trade. “Investors are coming to grips with rates being higher for...
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