bull

Dow Jones Futures: Stock Market Selling Resumes As This Bull Case Turns Bearish; FedEx Dives

Dow Jones futures fell overnight, along with S&P 500 futures and Nasdaq futures, with FedEx (FDX) plunging overnight on weak earnings and guidance. The stock market rally continued to weaken, with the major indexes wiping out Wednesday’s slim-to-modest bounce, while Treasury yields are near long-term highs. X The market is still coming to grips with …

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Bank of America sees ‘no real signs of a bull market,’ calls for S&P 500 to fall to 3,600

The market is still not out of the woods despite the recent comeback, according Bank of America. “Optimism around a soft landing and 1H23 rate cuts has diminished following Jackson Hole, and there are still no real signs of a new bull market yet,” Savita Subramanian, Bank of America’s head of U.S. equity and quantitative strategy, …

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Here are 5 reasons why the bull run in stocks may be about to morph back into a bear market

Some market gurus are starting to worry the summer rally on Wall Street may be starting to fizzle, after stocks quickly lurched from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely headed for a pullback, even though the economy is in better shape than many Americans …

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