Amid the market volatility, according to Wall Street analysts, there are some names that stand out as winners. The stock market, which had made recent gains this summer, took a turn for the worse last week. The S&P 500 broke its four-week winning streak Friday as experts debated whether or not the market’s recent rally …
These Are Wall Street’s Favorite Stocks, And Where Analysts Think They’re Going Read More »
Rules are there to be broken. That might be a standard mantra for anarchists. But for traders, such thinking can prove dangerously dismissive. Investors should therefore consider the latest note from Bank of America’s Savita Subramanian, in which the star analyst describes how “one line with a perfect track record says the market hasn’t bottomed.” …
Minutes from the Federal Reserve’s July meeting — at which policymakers raised benchmark interest rates by 75 basis points — indicate that stock market participants were pricing in a “less aggressive” policy outlook too quickly, some strategists argued Wednesday. Federal Reserve officials agreed in July that it was necessary to raise their benchmark interest rates …
