Is Correction Or Crisis Starting For Stocks?

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Is Correction Or Crisis Starting For Stocks?

Forbes

Yesterday we talked about the disconnect between the daily drama from the media in Washington (doom and gloom), and what the markets have been communicating (an economic expansion is underway).

Drama in Washington Rattles Wall Street, and Stocks Dive

New York Times
Stocks ended lower in Asia and Europe on Wednesday. In trading in the United States, the benchmark Standard & Poor’s 500-stock index tumbled 1.8 percent, its sharpest decline since September. Wall Street’s fear gauge, the volatility index known as the

Cramer: The bull case for staying in stocks through a market dip

CNBC
Days like Wednesday, with President Donald Trump and former FBI Director James Comey dominating headlines, make Jim Cramer think of investors who sell stocks on worry. “Now, granted, I always say that bulls make money, bears make money, and hogs …

Stock Futures Fall As Brazil Woes Add To Trump Slump; Can Anyone Stop Amazon?

Investor’s Business Daily
Meanwhile, Brazil stock futures tumbled overnight following new audio disclosures linking President Temer to a massive corruption scandal underway.

Dow futures slide 100 points, as US stocks face another selloff

MarketWatch
Losses for stock futures picked up after Reuters reported that former National Security Adviser Michael Flynn and others on Trump’s campaign team exchanged at least 18 undisclosed phone calls or emails with Russian contacts during the 2016 presidential …

Turmoil over recent Trump controversies triggers the Dow’s biggest loss since September

Washington Post
The stock market on Wednesday took its biggest dive since September, as Wall Street analysts said investors had begun to grapple with the increasing possibility that Washington would be consumed with chaos and fail to enact policies President Trump and …

Global stock markets fall as Trump turmoil intensifies

BBC News
Big falls on US stock markets have dragged down Asian shares over fears the political controversy surrounding President Trump will blunt his ability to deliver tax and regulatory reform.

Kevin O’Leary: I’m ‘extremely bullish’ about the stock market — Trump crises will go away

CNBC
The stock market’s sell-off Wednesday on worries about the political turmoil surrounding President Donald Trump is not a cause for concern, O’Shares ETF investment chairman Kevin O’Leary told CNBC.

Art Cashin: Trump crises finally hit stocks as concerns mount over GOP defections

CNBC
The stock market’s decline on Wednesday highlights the growing concerns about whether Trump loyalists on Capitol Hill will turn against the president in the face of a week of one crisis after another, Wall Street veteran Art Cashin told CNBC.

Global stocks, US dollar sink as investors rethink ‘Trump trade’

Reuters
NEW YORK Stocks on major markets and the U.S. dollar sold off while bond yields fell on Wednesday as investors fled risky assets amid uncertainty about U.S.

Asian stocks slide as Trump’s mounting woes rattle investors

Chicago Tribune
Asian stock benchmarks skidded lower Thursday following Wall Street’s worst day in months as Washington’s political chaos made investors more nervous about risky assets and the outlook for President Donald Trump’s business-friendly proposals.

Why Advanced Micro Devices Stock Is Slumping Today

Motley Fool
There are two things that could be responsible for driving down AMD’s stock price on Wednesday. First, the stock already traded for 17 times what the company hopes to earn in 2020 going into Wednesday, a valuation investors may be realizing is too …

Political Turmoil in Washington Leads to Largest Stock Market Drop in 8 Months

TIME
The growing political drama in Washington rattled Wall Street Wednesday, knocking the Dow Jones industrial average down more than 370 points and giving the stock market its biggest single-day slump in eight months. Investors worried that the …

Stocks in biggest loss in 8 months amid focus on Comey’s Trump memo

CBS News
The financial fallout on Wednesday produced the single worst day for the Dow Jones Industrials Average since September 2016, with the famed stock market benchmark tumbling more than 373 points, or about 1.8 percent, by the close of trading at 4:00 p.m. …

No one should be too worried about the stock market slide, analysts say

CNBC
In fact, those technical analysts expect a shallow pullback at best, even as stocks dropped Wednesday on worries about whether the Trump administration could push its pro-growth agenda through Congress.

How to Buy Facebook Stock and Why You Should

Motley Fool
In just 13 years, social network Facebook (NASDAQ:FB) has ascended to become one of the largest publicly traded companies in the world, with a market cap of over $440 billion.

Cramer’s charts indicate Qualcomm’s struggling stock could be gearing up for a comeback

CNBC
The tech sector is on fire, with semiconductor stocks seeing major gains almost every day, but Jim Cramer noticed that one name has been lagging behind the rest: Qualcomm.

Cramer explains the challenges of staying invested in winning stocks

CNBC
While reflecting on the 20th anniversary of e-commerce giant Amazon’s IPO, Jim Cramer wanted to address the difficulty of staying in a good stock by looking at the market’s “here and now.” “Lots of people have been opining about how this incredible

This single-paged document started the New York Stock Exchange 225 years ago

CNBC
On May 17, 1792, 24 brokers met under a buttonwood tree on Wall Street to sign an agreement to set a commission rate charged to clients and require the signers to give preference to each other in securities sales, which were mostly Revolutionary War …

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