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Monthly Archives: December 2018

A bear market usually means even steeper losses are ahead

Investors will have a hard time finding a place to hide should the S&P 500 keep trading in bear market territory, if history is any indication. A CNBC analysis using Kensho found that all 11 S&P 500 sectors average steep losses after the broad index plunges 20 percent or more …

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Demand for Tesla Model 3 ‘looks very strong into 2019 and beyond’

Salwan Georges | The Washington Post | Getty Images Tesla’s Model 3 at the Tesla store in Washington, D.C. Demand for Tesla’s Model 3 mid-size electric sedan “looks looks very strong into 2019 and beyond,” said one analyst Wednesday. Wedbush Securities analyst Dan Ives said in a note that underlying …

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Amazon claims a record-breaking holiday season by items sold

Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., laughs during a discussion at the Air Force Association’s Air, Space and Cyber Conference in National Harbor, Maryland, U.S., on Wednesday, Sept. 19, 2018. Customers worldwide ordered more items than ever from Amazon …

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Retail is on pace for worst December ever, but new year rally could be ahead

There’s been little yuletide cheer for the retailers. The XRT retail ETF is down 17 percent this month, tracking for its worst December since its inception in 2006. One market watcher says indiscriminate selling may have unfairly taken retail down. “This is really more about the overall decline,” Erin Gibbs, …

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As far as years go, 2018 was a wild one for Tesla, Nissan, GM, Ford

Jonathan Ernst | Reuters President Donald Trump talks with auto industry leaders, including General Motors CEO Mary Barra (L) and United Auto Workers (UAW) President Dennis Williams (R) at the American Center for Mobility in Ypsilanti Township, Michigan, U.S. March 15, 2017. “The highly-cyclical global auto industry has been hit …

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Stocks may try to bounce but are heading for worst December ever

Stocks could look to bounce later in the week, after the worst Christmas Eve performance ever, but some strategists expect only a half-hearted rally attempt with more losses to come. The S&P 500 lost 2.7 percent Monday, to 2,351 in a half-day session, and is now officially in a bear …

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Shutdown could delay aid for farmers hurt by Trump-China trade war

Dan Koeck | Reuters Corn and soybean farmer William Hejl checks one of his soybean fields in Amenia, North Dakota, July 6, 2018 The U.S. government’s payments to farmers as part of trade aid relief will temporarily stop next week if the federal shutdown continues, according to the Department of …

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We are now in a Bear Market — here’s what that means

It’s helpful to know what a “bear market” is because based on history, it looks like we could be here for a while. The term on Wall Street is synonymous with serious, long-lasting declines in stock markets. In numeric terms, a bear market is a 20 percent or more drop …

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Facebook reportedly killed a feature to expose users to new ideas

Chesnot | Getty Images Facebook vice president of global public policy Joel Kaplan and Facebook CEO Mark Zuckerberg leave the Elysee Presidential Palace after a meeting with French President Emmanuel Macron on May 23, 2018 in Paris, France. Facebook reportedly killed a feature meant to expose its users to different …

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Look to the two remaining Fed board nominees for clues about Trump-Powell battle

Getty Images President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. While President Donald Trump has complained publicly about Federal …

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