untitled design

Tag: Investment strategy

Stocks tank 10%, Dow off 30% from record

Stocks tank 10%, Dow off 30% from record

This is a live blog. Here’s the latest.  10:17 am: Stocks fall deeper into bear market territory The Dow and S&P 500 entered a bear market last week, putting an end to the historic bull run that began in the throes of the financial crisis. Monday’s steep losses have sent the major averages further below […]

Traders await futures open after Fed cuts rates, launches easing program

Traders await futures open after Fed cuts rates, launches easing program

Stock futures plunged Sunday night even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak. Stock market futures hit “limit down” levels of 5% lower, a move made by the CME futures exchange to reduce panic in markets. No prices can trade below that […]

Coronavirus and market volatility shuts down the IPO market for potential listings like Airbnb

Coronavirus and market volatility shuts down the IPO market for potential listings like Airbnb

Investors likely won’t get their fix for newly public companies for a long time thanks to the financial turmoil caused by the spreading coronavirus.  Logistics issues aside for investment bankers unable to travel, market volatility like this scares off companies who want to raise capital. The initial public offering calendar is looking sparse this year, […]

Not every bear market is accompanied by an economic recession, but chances are high

Not every bear market is accompanied by an economic recession, but chances are high

The end to the record-long bull market is now a reality. However, entering a bear market doesn’t always mean a recession is upon us, history shows. This week, the S&P 500 and the Dow Jones Industrial Average entered bear markets, ending their historic 11-year bull runs.  A bear market marks a 20% decline from all-time highs. As a […]

Everbridge up 38% this year by helping clients manage coronavirus

Everbridge up 38% this year by helping clients manage coronavirus

David Meredith, CEO, Everbridge Scott Mlyn | CNBC With tech stocks plunging alongside the broader market, software-maker Everbridge has emerged a rare profitable bet for investors. Everbridge, whose technology helps companies manage public safety emergencies like the coronavirus reached an intraday record of $116.21 as the S&P 500 sank 4.9%. Over the past three-plus weeks, […]

Trump gives people with student loans a break amid coronavirus

Trump gives people with student loans a break amid coronavirus

President Donald Trump said Friday that he would waive the interest on all federal student loans amid the coronavirus outbreak, meaning borrowers could pause their payments without any penalties.  The measure is part of a larger strategy to mitigate the economic consequences of the pandemic which has so far infected more than 130,000 people and killed […]

Market turmoil sparked by coronavirus is worse than 2008: James Bianco

Market turmoil sparked by coronavirus is worse than 2008: James Bianco

Market researcher James Bianco calls the Federal Reserve’s move to pump $1.5 trillion into the market the “nuclear option” to calm investors gripped by coronavirus fears. Only, it didn’t work Thursday. Instead, stocks saw their worst day since the 1987 Black Monday market crash. “Financial markets are not recovering. It’s incredible to think that a […]

Make the best of being home due to coronavirus closures

Make the best of being home due to coronavirus closures

From quarantines to working remotely, precautions are being taken across the U.S. in response to the spread of coronavirus. If you find yourself stuck at home, there are ways to make the best of a bad situation, according to “Shark Tank” investor Daymond John. “You have to make sure that you take that time to […]

Cramer slams government on coronavirus, evoking his epic 2007 Fed rant

Cramer slams government on coronavirus, evoking his epic 2007 Fed rant

CNBC’s Jim Cramer blasted the U.S. government’s response to the coronavirus on Thursday, arguing “this is the time for radical action.”  “They know nothing. They know nothing. We know more than they do, and that’s not acceptable either,” Cramer said, hearkening back to his famous 2007 rant about the Federal Reserve before the financial crisis. “I want […]

Dow plunges 850 points as Wall Street’s wild trading streak continues

Dow plunges 850 points as Wall Street’s wild trading streak continues

Stocks plummeted on Wednesday in another volatile session as Wall Street worried about a possible fiscal stimulus package aimed at curbing slower economic growth due to the coronavirus outbreak. The Dow Jones Industrial Average traded 850 points lower, or more than 3%. The S&P 500 slid 3% while the Nasdaq Composite dropped 2.7%. Those losses […]