After years of slowing earnings growth and little in the way of excitement for many Wall Street analysts, many are now hopeful that President-elect Donald Trump will finally make things interesting.

When collating data for the Goldman Sachs Group Inc. Analyst Index — a proprietary measure of growth across different sectors of the S&P 500 — the firm included a question this month on what the election of Donald Trump will mean for the industries covered by those surveyed. Turns out, they are rather optimistic.

Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – Goldman Says Trump's Presidency Will Benefit Stocks in Almost Every Sector

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Asian share markets have surged back after Wednesday’s sharp sell-off in the immediate aftermath of Donald Trump’s US election victory.

Thursday’s rally followed rises in Europe and the US, as the market meltdown many had anticipated failed to materialise.

Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – US Election 2016: Asia markets bounce back after Trump win

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It is getting dicey out there for Wall Street investors, although stocks eked out a modest rise on Friday.

U.S. equities have been bouncing around lately. And the trend has been predominantly lower. Although it hasn’t been the sort of dizzying tumble for equities that would elicit an instant spike in fear, it has been, however, the kind of plodding descent that has the Dow Jones Industrial Average DJIA, +0.22% down nearly 300 points since the end of July.

Read the Full Article: Source – Market Watch
Time For Truth: (Market Watch) – The stock market is turning into a sloppy, ugly mess—and it could get worse

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HSBC’s technical-analysis team has thrown up the ultimate warning signal.

In a note to clients released Wednesday, Murray Gunn, the head of technical analysis for HSBC, said he had become on “RED ALERT” for an imminent sell-off in stocks given the price action over the past few weeks.

Gunn uses a type of technical analysis called the Elliott Wave Prinicple, which tracks alternating patterns in the stock market to discern investors’ behavior and possible next moves.

In late September, Gunn said the stock market’s moves looked eerily similar to those just before the 1987 stock market crash. Citi’s Tom Fitzpatrick also highlighted the market’s similarities to the 1987 crash just a few days ago. On September 30, Gunn said stocks were under an “orange alert,” as they looked to him as if they had topped out.

Read the Full Article: Source – Business Insider
Time For Truth: (Business Insider) – HSBC: RED ALERT — get ready for a ‘severe fall’ in the stock market

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Yesterday’s big stocks drop may have just been the beginning.

Or so says HSBC Holdings Plc technical analyst Murray Gunn. In a new note, Gunn says he is now on alert for a big dip in U.S. equities. “With the U.S. stock market selling off aggressively on October 11, we now issue a RED ALERT,” he writes. “The possibility of a severe fall in the stock market is now very high,” he adds, noting that volatility has continued to rise since the end of the summer and the recent sell-off was seen across many areas of the market, and not just select groups.

Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – HSBC: There's Now a Very High Chance of a 'Severe Fall' In U.S. Stocks

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