Bitcoin fell on Monday, stirring up concerns that a broader stock market downturn could soon follow. The world’s largest cryptocurrency by market capitalization was last trading at $91,529, or roughly 2.9% lower on the day, reversing its recovery from its six-month-low price hit on Friday. The S & P 500 was last trading 1.3% lower…
Investor enthusiasm for stocks is reaching a fever pitch, according to a reliable contrarian indicator that is signaling a tough time ahead for the market. An indicator commonly referred to as the Citigroup Panic/Euphoria Model, now officially called the Levkovich Index, is registering a near-record high level, meaning that confidence is sky-high. Specifically, the index…
Year-end is quickly approaching, meaning one thing on Wall Street: Strategists will be racing to put out their 2026 stock market outlooks. Some shops have already indicated what they expect will happen next year. Morgan Stanley, for instance, expects the S & P 500 to reach 7,800 over the next 12 months. That’s almost 16%…
Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Wall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their…
The Club’s top 10 things to watch Monday, Nov. 17 1. Stock futures are relatively muted early this morning. The market is coming off a volatile week, driven by doubts about the sustainability of AI spending and whether a December interest rate cut is still on the table. 2. Morgan Stanley issued a double downgrade…
In a market starved for economic data and concerned about the AI trade, the S & P 500 enters the third week of November just over 2% away from its record high close on Oct. 28. That’s not too bad, considering how awful November started. This week brings three big things to watch: the first…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images The U.S. stock market continues to be volatile due to concerns about valuations of tech and artificial intelligence stocks and an uncertain macroeconomic backdrop. Given this scenario, investors seeking passive income can add some dividend stocks to their portfolios. At the same time, investors might…
It was a volatile week for the stock market, with the Dow Jones Industrial Average hitting an all-time high before pulling back. Wall Street pulled money away from Big Tech and into more defensive sectors, such as health care and financials. The end of the longest-ever U.S. government shutdown and expectations for interest rate cuts…
The recent market action may have some investors wondering if they should take their profits and run, or look to buy into any weakness. Stocks recovered some ground on Friday after a rocky morning. The Nasdaq Composite snapped a three-day losing streak, ending 0.13% higher. The S & P 500 closed near the flatline and…
This week’s sell-off in technology and AI-related stocks opened the doors to a host of buying opportunities, according to one popular technical metric. Each of the major U.S. indexes on Thursday suffered their worst day in over a month as investors continued to rotate out of the market’s biggest technology stocks, reflecting concerns about elevated…