The U.S. presidential election beckons and even though nearly 75 million people have already voted, according to NBC News , nothing seems to have leaked out. You would figure the hedge fund algorithms would have picked up something by now, but I haven’t seen any confirmed bets made either way. That makes trading on the…
Investors have been accumulating shares of several big-name companies, from GE Vernova to United Airlines , during the market’s recent dip. But those and other overbought stocks could be due for a pullback, according to one popular yardstick. November is off to a strong start after the major U.S. stock indexes ended October in the…
My top 10 things to watch Friday, Nov. 1 1. Wall Street is headed for a higher open Friday as the market looked past a weak jobs report. Still, the major averages are all lower for the week, with the heaviest losses for the tech-heavy Nasdaq Composite , which is down more than 2% through…
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their…