A stock market correction, technically speaking, occurs any time a major benchmark index loses at least 10% of its value. When an index suffers losses of 20% or more, it earns the right to be called a “bear market.” On average, stock market corrections occur every 1.5 years, while bear markets occur about every nine years.Source: ©iStock.com/blewisphotographyAs you may have noticed, the U.S. […]
Biotechs Rally!Biotech stocks were really strong today. BIIB led the group with a $18.59 pop! ALXN added nearly $10. AMGN gained $5.34, erasing yesterday’s loss. JAZZ climed +3%. ILM popped $6.61.At first glance, BTK looks to be healthyBTK has been consolidating for more than a month. Its daily MAs have bunched together. Just yesterday, BTK was look bearish when it […]
Bloomberg, US TrustSee AlsoThis Crazy Chart Perfectly Illustrates Why You Should Never Expect ‘Average’ ReturnsThis Brilliant Chart Reveals How Patience Pays Off For InvestorsWe’ve Seen Uglier Stock Market Sell-Offs In 2013, 2012, 2011, 2010…Regular 10% returns per year in the stock market are a myth. So are 9% returns and 11% returns.In introductory finance courses, you might be taught that […]
The market is open through the end of the week, and while stocks are moving at a snail’s pace Thursday afternoon, there are still some decent trading opportunities to take advantage of.
With the “Santa Rally” in full effect, let’s take a look at a quick trade in the Financials sector that is likely to be successful in the final four […]