Stocks could be set up for another violent week of selling
Stocks could continue to take a beating and aim for a retest of lows, after one of the most brutal weeks for the market this year. The past week was one of the worst of 2018, with the Dow down...
Successful Bear Market Trading Strategies & Techniques | Podcast
Key Takeaways from the Trading Podcast: How and when to adjust your position sizing when prices are volatile Freeing up your margin by using less capital Considering the opportunity cost of existing positions Live to trade another day (absorb losses...
S&P 500 closes in an official ‘death cross,’ a chart pattern that could signal more pain ahead
The chart of the S&P 500 Index is flashing a warning of more selling ahead. A pattern, called the ‘death cross,’ appeared on the chart on Friday as stocks plunged. The S&P 500’s average price of the last 50 days,...
Citigroup needs to slash bonuses, do ‘whatever it takes’ to cut costs: Wells Fargo analyst
Citigroup needs to do “whatever it takes” to cut costs to meet its efficiency target for the year, Wells Fargo analyst Mike Mayo told CNBC on Friday. The bank recently warned it will likely fall short of its 2018 efficiency...
Facebook increases stock buyback program by $9 billion
Facebook is increasing its buyback program by $9 billion, the company disclosed in a Friday filing with the Securities and Exchange Commission. The social media giant said its board approved the increase on Thursday. In 2017, the board signed off...
The ultimate holiday tipping guide: How much to give
Do you tip the garbage collectors at the holidays? How much should you give your doorman as the year comes to a close? Year-end tips have become a common practice. About 60 percent of Americans tipped one or more service...
This one chart shows the confusion the Trump administration is causing the market about trade
It has been a very confusing week for investors as the Trump administration continues to deliver mixed messages on the state of trade relations with China. Friday’s moves in the stock market highlight how difficult it has been for Wall...
Fed’s Bullard becomes first on central bank to suggest delaying December rate hike
St. Louis Federal Reserve President James Bullard said Friday the central bank could consider postponing its widely anticipated December rate hike because of an inverted yield curve. “The current level of the policy rate is about right,” Bullard said in...
Pound Could Shrug off Key Data as Brexit Vote Tops Agenda
Next week should be a busy one for the British pound as a crucial vote in Parliament will likely open a new era for the Brexit story and May’s future as a leader. Key data releases such as GDP growth and employment...
Aussie Eyes China’s Trade and Inflation Data
Over the weekend, China will release its trade and inflation data for November. Forecasts point to a slowdown in both exports and imports, as well as in inflationary pressures. Such figures could amplify speculation that trade-related uncertainty is starting to...
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