Peter Boockvar: Stocks to retest correction lows as easy money disappears

He’s a Wall Street bear who sees more monster market moves coming — with the majority of them leaving stocks deep in the red. The Bleakley Advisory Group’s Peter Boockvar warns there’s more trouble brewing, because the era of easy money is ending, thanks to global central banks hiking borrowing costs. And as fears intensify […]

Investors target ‘buyback stocks’ in bet on Trump tax plan

Rather than waiting to see how the Republican tax bill will fare in Congress, some investors are already picking out gingerly technology, healthcare and consumer companies they expect to use potential tax savings to buy back more of their own stock. Fund managers are adding to or holding on to their shares of those of […]

Europe markets lower as geopolitical concerns deepen

European exchanges hovered around the flat line on Tuesday morning as tensions between North Korea and the U.S. intensified and European monitors criticized Turkey’s referendum. The pan-European Stoxx 600 was 0.11 percent lower with most sectors and exchanges trading in opposite directions. Auto shares initially led the gains in early deals after Volkswagen said that […]

There may be a ‘fantastic’ buying opportunity after the New Year, expert says

The stock market rally has gotten a bit “long in the tooth” and could pull back 3 percent to 5 percent after the New Year, expert David Schiegoleit told CNBC on Thursday. That could present a “fantastic buy-on-the-dip opportunity,” the managing director of investments at The Private Client Reserve of U.S. Bank said in an […]

How much market experts expect stocks to rise next year

U.S. stocks should rise slightly in 2017 as equities benefit from tax cuts, according to CNBC’s Market Strategist Survey. The survey of 13 strategists’ outlooks published since the U.S. election found the median 2017 S&P 500 (^GSPC) price target is 2,325, or 3 percent from Friday’s close of 2,258. Wells Fargo Investment Institute only gave […]

Strategist Jim Paulsen makes case for why stocks are about to hit record highs

The S&P 500 (^GSPC) should soon hit a record high due to a number of positive forces coming together, closely followed market watcher Jim Paulsen said Thursday, following the best two-day rally on Wall Street since March. Economic growth, not only in the U.S. but around the world, is picking up in a “synchronized” fashion, […]

4 blue chip stocks with big potential

Tech stocks remain a good bet after rebounding sharply in March. Additionally, the blue chip tech stocks offer stable returns and steady dividend flows. Picking such stocks make perfect sense even at this point in time. This is why it makes sense to add them to your portfolio. At the same time, it is crucial […]

Earnings season will be awful — Here are 2 reasons why you shouldn’t panic

Earnings season kicks off this week with about 8% of the S&P 500 (^GSPC) revealing their financial results for the three months ending in March. And expectations are for a huge plunge in profits. “For Q1 2016, the estimated earnings decline is -9.1%,” FactSet’s John Butters said. “If the index reports a decline in earnings […]

UBS: Sell stocks now!

With markets grinding higher and fears of an imminent recession seemingly in the rearview mirror, it wouldn’t be hard to think the stock market has room to run upward. Don’t get too excited, though, said the technical analysis team of Michael Riesner and Marc Müller at UBS. It looks like the top and subsequent drop […]

Stock Market Crash? It’s Coming, and This Chart Shows How It Will Unfold

Stock Market Crash? It’s Coming, and This Chart Shows How It Will Unfold Let’s just get it out of the way: There’s a big elephant in the room, and it looks like early November. If you don’t remember what happened back then, the daily bar chart below will remind you. It shows the SPDR S&P […]