Wall street journal most active stocks

- A + A NEW YORK/BENGALURU (May 25): US stock indexes shook off early weakness to trade higher on Wednesday as growth stocks rallied, with investors awaiting minutes from the Federal Reserve's May meeting for clues on the path of its policy tightening. The central bank had at its May 3-4 meeting increased interest rates by half a percentage point, the biggest jump in 22 years. Minutes of that session, due to be released at 2 p.m. EDT (1800 GMT), could start shaping the debate over what happens when they meet in June and July to fight surging prices. "You will see a little more of a hawkish tone (today) and a bit more pivot from full employment to making sure that inflation is being fought," said Mike Mullaney, director of global markets research at Boston Partners. "If the Fed continues on the path they've suggested, you'll see a greater probability of a recession in 2023." Fed Chair Jerome Powell has promised to keep pushing on rate hikes until there is clear … [Read more...] about Wall Street rises on growth stocks ahead of Fed minutes

- A + A NEW YORK (May 26): Wall Street ended higher Wednesday after the release of minutes from the Federal Reserve's latest monetary policy meeting, which showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession. The minutes from the Federal Open Market Committee's May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee's members judged that further such rate hikes would "likely be appropriate" at its upcoming June and July meetings. "The uniformity of opinion is a good thing," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. "There's a lack of uncertainty of what needs to be done in the near-term." "By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality," … [Read more...] about Wall Street climbs after Fed minutes meet expectations

Cyclical stocks are beating the market, and should continue to outperform in 2020 as the U.S. economy rebounds, Goldman Sachs forecasts. Since late August, the S&P 500 is up by 9%, cyclical stocks have advanced by 12%, but defensive stocks have lagged with an 8% gain, per Goldman's current US Weekly Kickstart report. "The relative performance of Cyclicals vs. Defensives suggests the equity market is anticipating an acceleration in US economic growth during the coming months," Goldman says. "Investors who want to capture further cyclical upside can improve risk-reward by narrowing their focus to select cyclical stocks," they add. Among the 24 stocks that passed Goldman's Cyclically-Attractive Risk-Reward screen are these 10, which are expected to post a sharp acceleration in their EPS growth in 2020 compared to the previous year. Goldman for example, forecasts that CommScope Holdings Co. Inc. ( COMM ) will post 2020 earnings growth that's 17 percentage points (pp) higher … [Read more...] about 10 Bargain Cyclical Stocks That Will Lead as Economy Rebounds

U.S. stock futures are mixed as investors look to close out a volatile month of trading, with the Nasdaq gaining and the S&P 500 and Dow Jones dropping. The S&P 500 is set to end January 7% lower, its worst monthly performance since March 2020. The Nasdaq has lost 12% for the month, its worst month since October 2008. The Dow is down about 4% for January. Key Takeaways Stocks are mixed as traders look ahead to markets facing rising interest rates and geopolitical concerns after a wild January. Oil continues its upward march, and some analysts are predicting $100 per barrel by this summer. NXP Semiconductors, Otis Worldwide, and L3Harris Technologies are among companies reporting earnings today, with Alphabet, Amazon, and Meta reporting later this week. Oil prices continue to rise, set for their best monthly gain since February 2021, as some analysts see oil topping $100 a barrel for the first time since 2014. Light sweet crude is nearing $88 per … [Read more...] about Stocks Mixed to Start the Final Day of a Volatile Month

The ascent of the S&P 500 Index (SPX) to one record high after another might look, on the surface, as a breakout of irrational exuberance among investors. But the opposite is occurring as investment managers become increasingly bearish. Only 49% of the 148 professional money managers recently surveyed have a bullish view of the market over the next 12 months, down from 56% in a fall 2018 survey. This is the first time that the bulls have been in the minority since the fall of 2016, according to the spring 2019 release of Barron's Big Money Poll . It's also notable that 70% of respondents believe that stocks are fairly valued today, the highest percentage in nearly five years. “It’s difficult to get excited about the sustainability of a market rally that consists of expanding valuations in a slowing or declining earnings environment,” as Marc Dion, chief investment officer (CIO) at Wisconsin-based Morgan Dempsey Capital Management, told Barron's. Ingrid Hendershot, … [Read more...] about Bulls’ Ranks Fall to Lowest in 3 Years as Stocks Hover Near Highs

Shares of U.S. banks, which plunged nearly 30% off their highs into bear market territory last year, have made a comeback in the new year. They have rallied by over 20% from their December lows and posted their strongest five-day gains in more than two years on stronger-than-expected fourth quarter earnings. The results have prompted a rising number of bulls to argue that these downtrodden stocks will continue to rise in 2019. This optimism is fueled by a handful of positive drivers including higher interest rates, expanding loan growth, and improved optimism about the economy as the U.S.-China trade conflict de-escalates, per a detailed story in the Wall Street Journal . The table below illustrates how much these stocks have rallied. Banks' Big Rally (% Rise from December Low) ·     KBW Nasdaq Bank index; : 21.3% ·     JPMorgan Chase; 12.8% ·     Goldman Sachs; 30.2% ·     Morgan Stanley; 15.5% ·     Bank of America; 28.2% ·     Citigroup; 28.2% ·     Wells … [Read more...] about Why Beaten Down Big Bank Stocks Will Keep Rising

U.S. stocks' losing streak is continuing this morning, with all three of the major averages falling on anticipation of higher interest rates ahead of tomorrow's Federal Reserve meeting and increasing tensions surrounding Russia and Ukraine. Key Takeaways U.S. stocks' losing streak is continuing this morning, with all three of the major averages falling. Anticipation of higher interest rates ahead of tomorrow's Federal Reserve meeting and increasing tensions surrounding Russia and Ukraine are hammering stocks. Bonds rose, while oil and cryptocurrency prices fell. Last week, the Nasdaq posted its biggest weekly decline since March 2020 on its way to a fourth-straight weekly decline. The Dow Jones Industrial Average and S&P 500 have dropped for three straight weeks—the Dow lost 4.6% last week, and the S&P 500 fell 5.7%. After a solid 2021, when all three major indexes notched double-digit gains, stocks this year are hitting the brakes as the Federal … [Read more...] about Downward Slide for Stocks Continues to Start the Week

Technology stocks are soaring at their fastest pace in more than 7 years, with Microsoft Corp. ( MSFT ), Apple Inc. ( AAPL ), Amazon.com Inc. ( AMZN ), Facebook Inc. ( FB ) and Alphabet Inc. ( GOOGL ) collectively adding about $330 billion in market value over the past five trading sessions, according to the Wall Street Journal . But some market watchers suggest the optimism may be overdone, leaving tech stocks at risk of a steep pullback in light of historical trends, weak earnings forecasts, and antitrust probes. Why To Be Skeptical of Tech’s Rally Techs drastically underperform in year after Fed rate cut Tech earnings forecast to fall in 2019 Amazon, Apple, Alphabet, and Facebook face antitrust probes Source: Goldman Sachs, Investopedia What it Means for Investors Investors have become increasingly confident that the Federal Reserve will cut interest rates before the year is out -- as key economic indicators have weakened and as Fed … [Read more...] about Why Tech Stocks Rising at Fastest Pace in 7 Years May Flame Out

Cruise liner share prices sank to multi-month lows in August, troubled by sluggish demand throughout Europe and Asia, sailing disruptions, and the government's ban on passenger cruises to Cuba . While these challenges continue to affect leading operators, a resilient economy, healthy dividends, and low valuations should ensure that the stocks of these companies stay afloat. In fact, the global cruise liner market is projected to grow at a compound annual growth rate (CAGR) of 6.53% between 2018 and 2022, according to businesswire.com . Furthermore, on the guidance front, cruise line companies have issued conservative outlooks for the rest of the year that have weighed heavily on investor sentiment but also increase the potential for earnings beats in an industry that has a long history of exceeding Wall Street expectations . Traders who have their sea legs should consider taking a voyage on one of the industry's three leading stocks: Royal Caribbean Cruises Ltd. ( RCL … [Read more...] about Cruise Liner Stocks Getting Ready to Set Sail

Share to Twitter Share to Linkedin Topline The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts predict further challenges ahead as consumer spending becomes increasingly hard to predict. Key Facts Retail and consumer stocks rebounded thanks to reports that Kohl’s is preparing to receive competing takeover offers from several bidders according to Reuters; meanwhile, investors are finding a glimmer of hope in Nordstrom’s strong first quarter revenue and news that it raised its full-year sales outlook. Despite the retail sector getting “decimated” throughout earnings season, both positive headlines helped “spur buying for the first time in weeks,” says Vital Knowledge founder Adam Crisafulli, who points to the trading activity around Dick’s Sporting Goods—shares of which fell roughly 10% before turning positive and … [Read more...] about Retail Stocks Rebound But ‘Feast Or Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn