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Market News

Location American Market News for 1 March 2020

Market Technicians Think the Selloff Isn't Over

Wall Street Journal - 1 Mar 2020 19:31
After such a bad week for stocks, the question is whether the worst is over. In the view of analysts of more technical corners of the markets, the answer is: probably not yet.
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Stocks This Week: Sell Short NRG Energy And Dollar Tree There are some signs that the excessive sentiment tide is receding, but not by enough to signal a firm low.
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What Is Bitcoin Telling Us About Coronavirus I often think that Bitcoin price action can provide insight into China that may be more relevant than the official data.
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Stock Market's 15% Meltdown Sets Stage For Rebound Indiscriminate selling creates special opportunities
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Safe Haven Assets Now Offer A Little Less Protection, Here's Why Last week's market decline also bid up the price of certain safe haven assets. Here's how things look today.
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A Full Deflationary Panic: What's Next For Coronavirus And The Fed This week's selloff in the financial markets signaled an expected slowing in the economy with deflation. So is it game over? There are two caveats - will the corona virus be contained or skip from country to country, and...
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Wall Street Scrambles to Harden Virus Defenses

Wall Street Journal - 1 Mar 2020 18:17
U.S. banks are preparing for a worsening coronavirus outbreak by laying plans to move staffers to back-office sites, limiting contact with clients who have been abroad and curbing employee travel.
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Are The Wall Street Strategists Wrong?

Forbes - 1 Mar 2020 17:15
Are The Wall Street Strategists Wrong? The stock market plunge last week was similar in magnitude to the decline in early 2018. Many fundamental analysts were buying that decline though some technicians were bearish. What is the correct strategy now?
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Questionable sales tactics cropped up at AmEx offices in a push to retain cardholders after Costco ended a long-running partnership.
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Coronavirus Could Be The End Of China As Global Manufacturing Hub Can Mexico pick up where China is leaving off?
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The coronavirus outbreak has sparked one of the largest retreats in commodity prices in years, forcing investors to brace for even steeper declines and sending a warning signal about the world economy.
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