Author: super@dmin
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Need to Know: Here’s the history of countertrend rallies — and why one strategist expects more false starts
Jeffrey Schulze, investment strategist at ClearBridge Investments, went down memory lane to look at the history of countertrend rallies
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: Tech earnings are about to dive, and there’s no life preserver in sight
Tech companies are about to report a decline in earnings after two years of pandemic boomtimes, and forecasts for the holiday season aren’t expected to be much better.
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Earnings Results: United Airlines says travel demand is stronger than recession pressures; shares rally
United Airlines Holdings Inc. rallied after the airline said it expected the travel rebound to weather a shakier economy.
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The Ratings Game: Olaplex stock tanks 45% as company says salon-goers are spending less on hair-care services
Hair-care company Olaplex Holdings Inc. hasn’t had an easy go of things on the public market.
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Metals Stocks: Gold, silver retreat as Kashkari hints at more rate hikes past 4.75%
Gold and silver prices retreated on Wednesday as the U.S. dollar strengthened and Treasury yields advanced further beyond the 4% mark.
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Futures Movers: Oil bounces as U.S. supplies show decline, while Biden administration plans another SPR release
Oil futures bounce Wednesday, finding support as industry data shows a fall in U.S. crude supplies and traders debate the impact of another SPR release.
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Earnings Outlook: Adobe stock rises as outlook confirmed ahead of earnings
Adobe Inc. shares rose in the extended session Tuesday after the software company did what many tech companies have not this earnings season: Stick to its forecast.
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Coronavirus Update: Trump aides interfered with CDC’s communications with American public to downplay COVID risks, report finds
Aides from the administration of former President Donald Trump interfered with communications from a leading public health agency to downplay the risks of the coronavirus pandemic, according to a damning new report published Monday
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Bond Report: Treasury yields above 4% after U.K. inflation moves back into double digits
Stubborn fast pace of price rises reminds investors central banks will need to hike interest rates further.
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Market Extra: It’s the 35th anniversary of the 1987 stock-market crash: What investors need to know
It’s the 35th anniversary of the single ugliest day in stock-market history — and investors are feeling a little queasy right now.