It’s time to brace for a shakeout, according to BTIG. The market is flaring some near-term warning signals. As of Sunday, the Nasdaq 100 — which comprises the 100 largest companies excluding financials in the Nasdaq stock exchange — has gone 60 straight trading days without closing below its 20-day moving average, a short-term trend…
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs in history following President Donald Trump’s launch of punitive tariffs on most trading partners, the stock market is in one…
Utility stocks this year have mounted a rally unseen in more than two decades. In the third quarter, utilities are the best out of 11 sectors that comprise the S & P 500, climbing 18%. As a group, utilities are poised to score their largest quarterly gain since George W. Bush was president in 2003….