Investor Cash Levels Jump Toward Levels Not Seen Since 9/11 Bank of America's survey of fund managers also highlights rising inflation expectations. by Sid Verma & Luke Kawa Fears of a bond-market crash, a breakdown in globalization, a new crisis in the euro area? There were a bevy of reasons for fund managers to push their cash balances to 5.8 percent of their portfolios in...
The S&P did something it hasn't done since 2008 – and it could be a bad sign for stocks by Alex Rosenberg The S&P 500 just experienced two "inside weeks" in a row for the first time since February 2008, an indication that the market may be in for a major breakdown or breakout in the weeks ahead. An "inside week" is...
These are the cheapest stocks in the market – but beware a value trap: Technician by Rebecca Ungarino Some may call these bargain buys, others may call it a value trap. Endo International, General Motors, Gilead Sciences, Mylan and Delta Air Lines are the five stocks right now that carry the lowest forward price-to-earnings ratios in the S&P 500. Translation: these are the names in the market,...
Here's why earnings won't matter much for the financials by Rebecca Ungarino The big banks are gearing up to report earnings — but the market moves may not come from the company reports. "I know we're excited about this recent rally here, the recent outperformance of the financials, and part of that is because they are so hated," Stacey Gilbert,...
How London's Gold Market, the World's Largest, Evolved Over Time OTC market set to begin trade reporting; futures being started Until recently, market largely unchanged for about a century by Nicholas Larkin When the precious metals industry meets in Singapore next week for an annual gathering, one of the key topics will be the coming changes to how gold (GLD)...
Goldman: Economic Uncertainty Has Been Tumbling Ahead of the U.S. Election Confidence in the outlook has increased. by Luke Kawa & Alexandria Arnold Uncertainty? What uncertainty? According to Goldman Sachs Group Inc. Analyst Elad Pashtan, elevated levels of economic policy uncertainty following the Brexit vote and the run-up to the U.S. election belie what has actually been an increasingly rosy outlook (based on...
There's an Ominious Divergence in the Market That We Haven't Seen Since Last Year Index marks weakness in breadth that spells trouble in past Divergence happened in 2015, worst year in this bull market by Lu Wang At first glance, the stock market in 2016 is nothing like it was last year, when winners kept winning and gains seemed to...
There's more in the tank for oil – look for a 10% rise: Technical analyst by Annie Pei Crude oil (USO) closed in on $50 per barrel, and one technician thinks the commodity can head even higher from here. Crude settled at $49.83 on Wednesday, its highest close since June, as it struggled to surpass the key $50 level, which...
If gold gets below $1,250 an ounce, start buying: Goldman Physical demand will limit the selling, say analysts by Barbara Kollmeyer Gold (GLD) is facing a nearly 5% loss this week, its biggest weekly drop since November 2015, but Goldman Sachs is telling gold bugs to hang on. The reaction in gold prices to the possibility of a U.S. interest-rate hike...
Bank of America Says We're Experiencing 'Peak' Everything and a Major Market Change Is Coming Peak liquidity, globalization, inequality = peak returns, argues Bank of America by Julie Verhage & Sid Verma Some of the hottest trades of the past few years could stage a sharp reversal as global markets face "peaks" in liquidity, free trade, and income inequality. That's the big-picture call from Bank of...
