Opinion: The S&P 500’s charts are pointing to more stock-market losses

Opinion: The S&P 500’s charts are pointing to more stock-market losses

This past week, the S&P 500 index plunged to new relative lows. It is now trading at prices last seen in March 2021. This latest move downward violated support at 4100-4200 and prompted a swift move down towards possible support at 3900. The next support area below that is 3700 – the lows of February … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission … Read more

Oil prices are surging – these eight stocks are still bargains for long-term investors

Oil prices are surging – these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more

Musk’s Twitter Deal Is No Sure Thing

Musk’s Twitter Deal Is No Sure Thing

This looks like a hole you could drive a Cybertruck through, but Wall Street is rightfully wary. Elon Musk’s agreement to buy Twitter TWTR -2.19% for $ 54.20 a share is leaving a lot of money on the table for anybody willing to ride his coattails. The social-media company’s shares are currently about 12% below … Read more

Russia pummels port of Odesa in attempt to disrupt supplies

Russia pummels port of Odesa in attempt to disrupt supplies

ZAPORIZHZHIA, Ukraine – Russia pummeled the vital port of Odesa, Ukrainian officials said Tuesday, in an apparent effort to disrupt supply lines and Western weapons shipments as Ukraine’s foreign minister appeared to suggest the country could expand its war aims. With the war now in its 11th week and Kyiv bogging down Russian forces and … Read more

Al Jazeera reporter killed during Israeli raid in West Bank

Al Jazeera reporter killed during Israeli raid in West Bank

JERUSALEM – Veteran Al Jazeera journalist Shireen Abu Akleh was shot and killed while covering an Israeli military raid in the occupied West Bank town of Jenin early Wednesday. The broadcaster and a reporter who was wounded in the incident blamed Israeli forces. The Israeli army initially raised the possibility that Abu Akleh might have … Read more

Cryptocurrency TerraUSD Plunges as Investors Bail

Cryptocurrency TerraUSD Plunges as Investors Bail

A selloff in a cryptocurrency that was supposed to be pegged to $ 1 accelerated Wednesday, briefly sending its price to less than a quarter of that value. TerraUSD traded as low as 23 cents Wednesday, according to data from CoinDesk. As of 8:53 am ET, it had rebounded partially to about 30 cents in … Read more

Here’s a list of 50 companies that are well-armed to beat back inflation

Here’s a list of 50 companies that are well-armed to beat back inflation

Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX below 4,000 for the first time since 2021. As investors try to regroup from the worst three-day stock stretch in two years, one more hard day of selling for the S&P might be a good … Read more

This Wall Street legend has lived through every bear market since the 1950s. He says the one coming could hit the S&P 500 with a 30% loss

This Wall Street legend has lived through every bear market since the 1950s.  He says the one coming could hit the S&P 500 with a 30% loss

Bob Farrell, a 90-year-old retiree in Florida, is hardly a household name on Main Street. But on Wall Street, Farrell is an absolute legend. To say that Farrell has seen it all is an understatement. He has witnessed every bull-, bubble- and bear market since 1957, when he joined Merrill Lynch as an analyst trainee … Read more