A Nice November Portends a Great Market 2019 Finish, Says Stovall
Contrast the current situation with year-end 2018’s lousy showing.
Contrast the current situation with year-end 2018’s lousy showing.
Lower-cost stocks have outpaced hot-shot momentum plays since August.
A 1% reduction is taking shape, with most companies already reporting, and things could’ve been worse.
Opinions differ on whether this change to a widely followed recession signal means the heat is off.
Political unrest still can upend otherwise impressive growth in places like Kenya and Sri Lanka.
The last time that happened was during the financial crisis, Bespoke says.
So says JP Morgan’s trading honcho, Marko Kolanovic, who thinks more than half the moves were due to algos.
White House delay on some new tariffs doesn’t convince analysts that peace is at hand.
Bad things tend to happen this month, which tank the market, LPL’s Detrick warns.