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US Stocks Likely To Open In Red After Christmas Break But Analysts Still Expect A Santa Rally Into The New Year
Thursday, December 26, 2024 - 7:57am | 1281U.S. stock futures declined on Thursday after a break for Christmas on Wednesday. All four index futures slipped in early trade. The S&P 500 index is on its way to registering a robust 20% plus return for the second consecutive year in 2024, as most analysts expect a Santa Rally. The 10-year...
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Homeowners Have Never Been Richer, Data Shows: 'Another Reason To Question Recession Narrative'
Friday, September 13, 2024 - 2:23pm | 440Homeowners have more real estate equity than ever before, according to data from the federal government and an investment group. Total homeowner’s equity in the U.S. reached $35.1 trillion in this year’s second quarter, data from the Federal Reserve showed. It fell as low as $29.8...
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Is The Market's Poor Start To 2024 A Sign Of Things To Come For Rest Of The Year? Here's What History Says
Thursday, January 4, 2024 - 4:15pm | 456The Nasdaq Composite closed down more than 1% on the two first trading days of 2024 for the first time since 2005, according to Bespoke Investment Group. Many of 2023’s leaders, including the "Magnificent Seven" mega-cap tech stocks — Alphabet (Google), Amazon, Apple,...
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'Set Your Clock To It': 2022's Reliable Signal For When To Sell Stocks
Wednesday, August 24, 2022 - 5:10pm | 446"It's getting to the point where you can set your clock to it,” read a Tuesday report by Bespoke Investment Group. What's the market analysis firm referring to? Selling stocks when the yield on the 10-year U.S. Treasury reaches 3%. And that’s been the case this week....
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5 Most Volatile Earnings Stocks
Sunday, January 13, 2019 - 5:38pm | 482Fourth-quarter earnings season is set to kick off with Alcoa, Inc. (NYSE: AA) reporting Jan. 16. A volatile Q4 for stocks will likely lead to another volatile earnings season for traders, but some stocks have a reputation of making even bigger earnings moves than others. Since the beginning of last...
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The Longest Bull Run In History? Not Everybody Agrees
Wednesday, August 22, 2018 - 11:08am | 693The bull market rally after the 2008 financial crisis has unquestionably been one of the longest and most powerful stock market rallies in history. But just how long and how powerful the bull market has been is somewhat open to interpretation. What's A Bull Market? The traditional...
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Bitcoin Will Triple In Value Or Lose 90% — Depending On Who You Ask
Thursday, January 25, 2018 - 1:38pm | 634The price of bitcoin soared more than 1,000 percent in 2017 but has lost around 40 percent of its value since peaking close to the $20,000 per coin level. Needless to say, expert forecasts for the digital currency's performance in 2018 and beyond range from plummeting 90 percent to a tripling...
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The Nasdaq Could Do Something It Hasn't Done In 2 Decades
Friday, May 26, 2017 - 9:48am | 388The PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ) and the corresponding index are on track to accomplish something that hasn't been seen in decades. According to data compiled by Bespoke Investment Group, the Nasdaq index closed higher 16 of 19 days in May. The current pace implies the index...
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Chinese Stocks Now Account For 16% Of Global Equities
Wednesday, August 24, 2016 - 3:35pm | 256Chinese stocks as a whole make up 16 percent of all global equities by market capitalization, which exceeds Europe's 15 percent representation. The Wall Street Journal, citing data from Bespoke Investment Group, reported that onshore Chinese equities and Hong Kong equities have once again...
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If You've Not Been Paying Close Attention To Jobs Data, Get It Together
Wednesday, June 8, 2016 - 1:38pm | 257Many investors brush off the weekly initial jobless claims data and don't pay too much attention to it. According to Bloomberg, these investors should rethink their approach and start paying very close attention to the data. Initial jobless claims are released like clockwork every Thursday morning...
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Macro Update: Small Business Sentiment Falls, Homeowners Remain Overly Optimistic
Tuesday, December 8, 2015 - 2:30pm | 586Small business sentiment, as measured by the NFIB, declined in November to 94.8 from 96.1. On Tuesday, Quicken Loans, the second largest retail mortgage lender, said the average appraisal in November was 1.87 percent lower than what the homeowner expected. U.S. equities were sharply lower on...
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Paul Hickey Of Bespoke Investment Group Is A Buyer Of Stanley Black & Decker, Zions Bancorporation And Laboratory Corp. of America Holdings
Wednesday, December 2, 2015 - 8:00am | 198On CNBC's Fast Money, Paul Hickey Of Bespoke Investment Group spoke about stocks that he would buy into the year end. He shared with the viewers his analysis, which shows that sectors that were outperforming heading into December have also outperformed in December. Hickey believes that Stanley...
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Paul Hickey Shares Best Strong Dollar Trades
Tuesday, January 6, 2015 - 10:22pm | 96Speaking on CNBC's Fast Money, Paul Hickey of Bespoke Investment Group shared with the viewers the statistics of stock performance in strong U.S. Dollar environment. Since 1960, the Dollar index gained more than 10 percent seven times and every time the market closed the next year higher. It gained...
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Paul Hickey Shares Research On Sectors Performing Well When Crude Oil Is In Bear Market
Tuesday, October 28, 2014 - 7:04pm | 225Paul Hickey of Bespoke Investment Group spoke on CNBC's Fast Money about sectors that should perform well during the periods of low oil prices. He said that falling oil prices have historically been good for the stock performance of every sector except the energy sector. When crude oil is in the...
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Bespoke Investment Group's Co-Founder Shares Stocks He Would Avoid After FOMC
Thursday, September 18, 2014 - 9:12am | 276Paul Hickey of Bespoke Investment Group spoke on CNBC's Fast Money about stocks he would avoid after FOMC meeting. Hickey expects to see some short term weakness after the meeting and the consumer discretionary, transports and the industrials are going to be the biggest under performers. He is...