Stocks Haven’t Traded at These Levels Since September
Market gains that started last fall, when polls showed President Trump taking a narrow lead in the election, have been erased.
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Options Market Signals Stability After Brisk S&P 500 Selloff
(Bloomberg) -- A sign of stability is emerging after the S&P 500 Index plunged into one of its sharpest-ever corrections: Traders are ditching bets that another deep slide is ahead.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCEven before the benchmark for US
Rapid euro zone house market recovery raises affordability concerns, ECB says
The euro zone housing market has already recovered from its recent slump and prices are likely to rise further, challenging affordability in a potentially unhealthy development, the European Central Bank said in an Economic Bulletin article. House prices slumped from 2022 as surging inflation, high energy costs and rising interest rates all constrained a market that had been on an exceptional run in the preceding several years. But this downturn was shallow, with the peak-to-trough part of the cycle showing a cumulative decline of 3% over one and a half years, a smaller drop than during the global financial crisis and the sovereign debt crisis, when prices fell almost 5%, the ECB said on Monday.
3 Reasons NOVT is Risky and 1 Stock to Buy Instead
Novanta’s stock price has taken a beating over the past six months, shedding 21.9% of its value and falling to a new 52-week low of $133.58 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
3 Reasons to Sell USM and 1 Stock to Buy Instead
Over the past six months, U.S. Cellular has been a great trade. While the S&P 500 was flat, the stock price has climbed by 13.9% to $64.40 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
3 Reasons LYTS is Risky and 1 Stock to Buy Instead
LSI currently trades at $17.32 and has been a dream stock for shareholders. It’s returned 485% since March 2020, blowing past the S&P 500’s 122% gain. The company has also beaten the index over the past six months as its stock price is up 11.6% thanks to its solid quarterly results.
3 Reasons to Avoid CBZ and 1 Stock to Buy Instead
CBIZ has been treading water for the past six months, recording a small return of 2.4% while holding steady at $69.40.