S&P 500 Sees Nine Straight Sessions of Weak Breadth, a Rare Market Phenomenon The U.S. stock market is experiencing a rare stretch of “bad breadth,” where more stocks are declining than advancing, even as the S&P 500 continues to climb. For nine consecutive sessions, the number of falling stocks in...
Profit-Taking or Staying the Course: What’s Next for Stock Investors? The Nasdaq Composite hit a historic milestone on Wednesday, closing above 20,000 for the first time. This surge was powered by a rally in tech giants like Alphabet Inc. (GOOGL, GOOG) and Meta Platforms Inc. (META), which reached record highs,...
November CPI Could Upend December Rate Cut Expectations Traders in fed-funds futures currently place an 85% chance on the Federal Reserve cutting rates by 25 basis points at its December policy meeting. This level of confidence aligns with historical norms during the Fed’s “blackout” period, when officials refrain from public...
Pimco, one of the world’s largest bond managers with $2 trillion in assets under management, is recalibrating its investment strategy amid concerns over the U.S. fiscal outlook. The firm has been reducing its exposure to longer-duration U.S. Treasurys, citing factors that could drive yields higher, such as inflation, economic growth,...
The stock market is at record highs, but declining profit projections for S&P 500 companies suggest a potential pullback is on the horizon. Wall Street analysts have lowered their 2025 earnings per share (EPS) estimates by 0.5% over the past six months, dropping from $276 in June to $273, according...
If that were true, it would actually suggest that Wall Street irrational exuberance is fading, a positive sign for contrarian investors. Stock traders are growing more bullish and complacent—and that’s a bearish indicator. A new concern for the stock market is the CBOE’s SKEW Index reaching an all-time high. Many...
