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Stocks

“Stocks correction of 5%-10% likely by year-end: Deutsche survey”

“…An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday. According to the report, conducted from September 7-9 and covering over 550… Continue Reading…

Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…

Economy

“Top tech stocks are in correction territory. Here’s why”

“London (CNN Business)Apple (AAPL) shares are down more than 18% from their January high. Amazon’s stock is off 12% from a recent peak in early February. And chipmaker Nvidia (NVDA) has seen its shares plunge 24% since the middle of last month. What’s happening: Tech… Continue Reading…

Stocks

“Is the stock market due for a correction in 2021?…”

“Even some bullish investors have called for a retrenchment in stocks as a sort of catharsis for the next leg higher and an unwind of some of the frenzied, retail-inspired betting that has repeatedly sent stocks to fresh records… In… Continue Reading…

Stocks

“The Stock Market Can’t Get Much Better From Here. Why a Correction Could Be Coming.”

“Prices already reflect a wallop of government spending and central-bank aid that can’t get much larger from here, Bank of America warns. Other market watchers are downbeat as well… At the same time, investors are now holding far less cash than they were just… Continue Reading…

Economy, Stocks

“Stocks could fall a further 7% after last week’s correction. But here’s why Morgan Stanley says that’s ‘healthy’”

“The three major benchmark indexes suffered their biggest weekly losses since March 20 last week, as the Federal Reserve’s downbeat economic outlook and rising coronavirus cases unsettled investors. Fears of a second wave grew over the weekend and U.S. stock futures pointed lower early… Continue Reading…