Recession Looms, But Markets Haven’t Got the Message

After 28 trading days away from the markets*, I’ve come back to find that a new narrative of impending recession is quickly taking hold. Yet, look at the markets themselves and the story isn’t much reflected in asset prices, which are still beholden to the Federal Reserve. This creates both risks and opportunities. Start with … Read more

Asian markets mixed after Powell warns of further rate hikes

BEIJING — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve’s chairman said it will raise interest rates further if needed to cool inflation. The Nikkei 225 NIK, +0.52% in Tokyo gained 0.7% after the government reported economic output shrank 0.2% in the first three months of 2022. That was … Read more

SEC’s Gensler warns Americans are diverting savings to ‘speculative crypto assets,’ says market needs investor protection

Securities and Exchange Commission Chairman Gary Gensler reiterated his intention to bring cryptocurrency exchanges and lending platforms into its regulatory purview during a speech before the North American Securities Administrators Association on Tuesday. “Over the past year, several bank executives have shared their personal concerns with me about the sheer number of depositors who have … Read more

Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Department finally reported an ever-so-slight decline in inflation, as a measure of individual investor sentiment showed the greatest percent of individual investors that were bearish … Read more

Asian markets gain as China COVID progress outweighs Wall Street losses

Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong’s Hang Seng HSI, +2.23% gained 2.2% while the Nikkei 225 NIK, +0.29% in Tokyo edged 0.4% higher. In Seoul, the Kospi 180721, +0.79% pink 0.8%. Australia’s S&P/ASX 200 XJO, +0.15% added 0.2% while the … Read more

Stock Market Today: Dow Wavered, Oil Prices Slipped After Weak Chinese Data

text size Stocks have sold off in recent weeks amid investor worries over inflation and growth. Ed Jones/AFP via Getty Images The stock market was mostly lower Monday, as investors digested a rally to close out last week. Markets are awaiting economic data out Tuesday. Tea Dow Jones Industrial Average closed up 27 points, or … Read more

Opinion: A smart way to play Tesla’s big stock-market swings using options

Tesla has recently been one of the most active and volatile stocks. However, what appears to the naked eye is not always the same when placed under the microscope of analytical mathematics. Lawrence McMillan We can see that the stock was in a steady uptrend from May through October of 2021. Then, it experienced a … Read more

Crypto Prices Move in Tandem With Traditional Markets, Punishing Investors

Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings. The three-month correlation between the cryptocurrencies bitcoin and ether and the major US stock indexes hit its highest level on record last week, according to Dow … Read more

When Will the Selling Stop?

In the past six weeks, $1 trillion in cryptocurrency value has evaporated—yes, trillion. Since there was nothing of economic value driving up crypto prices, only mass delusion, there hasn’t been much to cushion their descent. It’s as if a giant bellows has been blowing hot air into bitcoin and others, and it suddenly stopped working. … Read more

NFT Sales Are Flatlining – WSJ

The NFT market is collapsing. The sale of nonfungible tokens, or NFTs, fell to a daily average of about 19,000 this week, a 92% decline from a peak of about 225,000 in September, according to the data website NonFungible. The number of active wallets in the NFT market fell 88% to about 14,000 last week … Read more