Even taking some recent dips into account, the S&P 500 remains near its record-high level – so why is one prominent market watcher sounding the alarm? In a recent note, B. Riley’s chief investment strategist Paul Dietrich lays out the warning case for investors, drawing attention to several signs that indicate a cloudy future. Several of these are technical factors, while others are more anecdotal in nature. Among the latter, Dietrich cites recent large-scale stock sales from the likes of Jeff B
Even with a brief drop this week, the markets are showing strength this year, with the S&P 500 climbing 8%. However, there’s a big question on investors’ minds: Can this momentum keep up? David Kostin, Goldman’s chief US equity strategist, has given four scenarios for investor consideration: “(1) in a ‘catch up,’ the S&P 500 would end the year at 5800 (+12% from today), (2) in a ‘catch-down,’ the S&P 500 would fall to 4500 (-14%), (3) continued mega-cap exceptionalism would lift the index to 600
When corporate insiders start buying big in their own companies, investors should always take note. The reason is simple. The insiders may sell their stock due to all sorts of conditions, but they only buy for one: they believe the shares are on the way up. And they are in a position to know. They know because they’re the movers and shakers. ‘Insider’ sometimes gets a bad flavor, but it’s really just the high-placed company officers who run the enterprises and know what’s going on, with an intim
There’s been a lot of talk recently about this year’s bull market, both on its own merits and in comparison to last year. But somewhat less attention has been paid to it as part of a larger trend overall – a secular bull market that began in 2013 and has seen the S&P 500 reach recent record highs. Long-term trends are good for the market generally, but what the average retail investor really wants is a solid return in the here-and-now. There are several routes to accomplish this, and one of the