This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Traders at the New York Stock Exchange had a stressful few days amid Trump’s trade war. While stocks rebounded after a 90-day tariff pause, the S&P, Dow, and Nasdaq fell again on Thursday. It…
“People don’t know what to do. They’re frozen,” said Jimmy Becker, a financial planner from Waltham who founded the company Financially Speaking. Becker said he doesn’t sense panic among his clients, but he has seen plenty of “anxiety or discomfort with no sense of what to do.” This week’s roller-coaster ride on the stock market…
The S&P 500 and Nasdaq 100 are hovering near their 200-day moving averages, a key technical support level. The 200-day moving average is an important indicator of potential trend reversals in stocks. Traders believe an immediate bounceback is needed for stocks to avoid further declines. The stock market has entered the danger zone as the…
Traders sees the 10-year Treasury rate hitting 5% within five weeks, Bloomberg reported. Yields this high have historically triggered a stock sell-off. The rate has reached higher amid US debt fears and growing inflation concern under Trump. An options bet that puts the 10-year Treasury yield at 5% in the coming weeks is getting attention,…
The stock and bond markets pulled a sharp 180 this week. After prolonged sell-offs, both rallied on a renewed outlook for Fed rate cuts. A trifecta of events suggests the Fed can be more aggressive than previously thought. Stocks and bonds staged a major turnaround this week thanks to a perfect storm of factors that…
Indexes slipped Thursday as traders focused on remarks from Fed Chair Jerome Powell. Powell said the Fed is in no hurry to cut rates, and reiterated the strength of the US economy. Traders also digested wholesale inflation data, which was in line with expectations. Thanks for signing up! Access your favorite topics in a personalized…
Market analysts predicted choppy trading and sharp swings going into the US presidential election. Donald Trump and Kamala Harris are locked in a tight race, fueling uncertainty among traders. One analyst said economic fundamentals matter more to markets than who becomes president. Thanks for signing up! Access your favorite topics in a personalized feed while…
Ivan Scherman achieved a 491% return in the 2023 World Cup Championship of Futures Trading. He’s a quant fund manager who uses hundreds of models to execute trades across multiple assets. He emphasizes evidence-based technical analysis and risk management to minimize human error. Thanks for signing up! Access your favorite topics in a personalized feed…