Is Stock Market in a Correction? What S&P 500 200-Day Moving Average Tells Us

Is Stock Market in a Correction? What S&P 500 200-Day Moving Average Tells Us

The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering near a correction after breaching 4,200 for the first time since May — a key technical level that may point to a longer-term selloff. If the selling continues and the benchmark gauge for American equities stays below … Read more

VIX Backwardation Flashes Warning to Stock Market

VIX Backwardation Flashes Warning to Stock Market

Wall Street’s famous fear gauge is sending worrying messages to US stock bulls, betraying growing anxiety in the volatility market over rising tensions in the Middle East and ongoing turbulence in the bond world. While the S&P 500 Index’s declines this week have appeared largely orderly, the nearest futures contracts tied to the Cboe Volatility … Read more

US Stocks Are Ripe for Earnings-Led Rally as Rates Angst Settles

US Stocks Are Ripe for Earnings-Led Rally as Rates Angst Settles

A robust earnings season could be all it takes to fuel a year-end rally on Wall Street, eclipsing recent jitters from geopolitical tensions. Having endured a turbulent summer amid worries about higher-for-longer interest rates, the S&P 500 Index has been drifting lower since hitting a July peak, bringing valuations closer to long-term averages. With analysts … Read more

Shutdown Fears Are Back and Nascent IPO Rebound Could Get Hit

Shutdown Fears Are Back and Nascent IPO Rebound Could Get Hit

Companies looking to sell shares publicly for the first time face an extra obstacle now: the rising potential for US government shutdowns. The ouster of Congressman Kevin McCarthy as Speaker of the House has only increased the chances of the government shutting down as early as Nov. 17. Any such closure would leave the US … Read more

Panic Creeps Up as VIX Curve Inverts for First Time Since March

Panic Creeps Up as VIX Curve Inverts for First Time Since March

The US stock selloff is spreading panic among volatility traders at a scale unseen since the regional bank crisis in March. In perverse Wall Street logic, that’s raising hopes that the equity rout is on its last legs. As stock losses gathered pace Tuesday on still-surging Treasury yields, derivatives pros priced in more turbulence in … Read more

S&P 500 Stock Traders on Notice as Options Shift Threatens Market Volatility

S&P 500 Stock Traders on Notice as Options Shift Threatens Market Volatility

Deep within the underbelly of the options world lies a threat to the stock-market calm that’s prevailed all year. While benchmark indexes just limped to one of their smallest weekly changes of 2023, intraday moves tell a different story. Up-and-down swings in the S&P 500 are the widest since June and double what they were … Read more