• Is A 1987-Like Crash Imminent?

    24 days ago - By ETF Daily News

    From Chris Ciovacco : The 1987 stock market crash occurred on Monday, October 19. The week before was marked by high fear and heavy selling, with the S&P 500 shedding 9.12% between Monday, October 12, and Friday, October 16, 1987.
    2018: LAST WEEK
    Over the past five sessions in 2018 the S&P 500 gained 0.02%.
    1987: KEY SUPPORT
    On Friday, October 16, 1987, the S&P 500 was putting pressure on a key support level that was formed during a recent multi-month consolidation period.
    2018: KEY SUPPORT
    Unlike the pre-Black-Monday close, the close on Friday, October 19, 2018 was well above a key area...
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  • The stock market's 'dead cat bounce' is over and the rolling bear market is making a comeback, Morgan Stanley says

    The stock market's 'dead cat bounce' is over and the rolling bear market is making a comeback, Morgan Stanley says

    24 days ago - By Business Insider

    The stock market may have bounced back following its sharp sell-off at the beginning of October, but Morgan Stanley says the selling is going to pick back up soon.
    The firm expects the S&P 500 to slide back below the 200-day moving average, a key technical level.
    Tread carefully in tech and consumer discretionary, Morgan Stanley warns.
    The stock market may have bounced back following its sharp drop at the beginning of October, but Morgan Stanley says it's time to buckle up because the "rolling bear market has unfinished business with the S&P."
    "We think attempts to rebound were more short...
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  • For Whom The Bell Tolls: 35% Of The S&P 500's Market Cap Reports This Week

    For Whom The Bell Tolls: 35% Of The S&P 500's Market Cap Reports This Week

    24 days ago - By Forbes

    More than 150 companies are expected to report this week. According to Morgan Stanley, this is the largest week of earnings in the U.S.
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