The bearish trend is likely to continue if the past 150 years of stock market history is any guide.
The S&P 500 entered into a bear market last week. Steep Fed rate hike last week and chances of more such hikes in the coming months triggered heightened recessionary fears.
We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.
Wall Street was downbeat last week, with losses seen in all major indexes.
The bearish trend is likely to continue, with some analysts expecting bigger drops.
The S&P 500 is about to decline sharply, Morgan Stanley's Michael J. Wilson cautioned, as quoted on Bloomberg.
Investors in Direxion Shares ETF Trust - Daily S&P 500 Bear 3X Shares saw new options become available this week, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked...
The S&P 500 is down 11.8% so far this year and is expected to continue its downtrend at least in the near term till the Russia-Ukraine crisis does not end.
The S&P 500 falls deeper into correction territory and Nasdaq 100 approaching the first bear market in nearly two years.
In trading on Tuesday, shares of the Daily S&P 500 Bear 3X Shares ETF crossed above their 200 day moving average of $21.12, changing hands as high as $21.30 per share. Daily S&P 500 Bear 3X Shares ...