Investors showed a great deal of worry heading into 2019 after a dreadful end of the previous year. However, stocks rebounded considerably in January, and those investors who trusted in a market rebound were rewarded.
Stocks Make a Comeback
In January, the S&P 500 climbed 7.9%, making it the best start of the year since 1987. This stock market comeback has left many investors confused amidst economic fear across the globe.
James Paulsen, chief investment strategist at Leuthhold Group, noted, “This year, we came in with nothing but...
Overall, 2018 was an up and down year for markets. Unfortunately, December brought the most downs of all, with markets having their worst month in recent memory, bringing returns for stocks lower on the year. This leaves a great deal of uncertainty heading into the new year.
A month to forget
December was a month investors would like to forget. Not only did December bring a unusual market downturn, prices fell in a historically negative way. It was the worst December for the stock market since the Great Depression, with the S&P 500 falling by 10.16% on the month.
The market was non-discriminatory...
An Up and Down November
Stocks rode the rollercoaster of November, heading into the holiday season higher on the month. The Dow Jones closed November at 25,538, up about 1.7%, while the S&P 500 gained a similar 1.7% on the month. The healthcare sector was one of the biggest gainers on the month, rising 6.9%. This didn’t come without turmoil, as markets were down as low as 7.2% from the high of the month before rallying to end the month.
Historically, December has been good to the equities markets, with stocks performing well over the month in past years. Still, some analysts...
Don’t call it a bear market...yet. October was a month which started out with reason for celebration, with markets reaching record high numbers. However, this positive sentiment didn’t last long, and a swift correction soon followed. Everyone is now asking the question, are markets headed into bear territory?
October’s Falling Knife. Is it Over?
October came and went, but not without bringin one of the worst trading months in recent history. On the month, the NASDAQ fell close to 9%, the S&P lost 7%, and the Dow Jones faltered by 5%.
Ralph Acampora, a technical analysis expert, explained why the current market is...
US market pushing record highs, but it’s not all gravy
Once again the US finds its equity market pushing record levels, with the S&P 500 eclipsing
2,900 for the first time ever, and Dow Jones Industrial Average creeping back towards 26,000. Employment levels continue to rise, business investment is booming, and consumers are spending more money, all of which are making for a market environment which many are pleased with.
Still, many investors are waiting to see if this booming economy will find itself in another recession at a point in the near future, much of which...