Weekend reads: How to invest when stock market is reeling

The worst four-month start of the year for the S&P 500 SPX, -0.57% since 1939 was bad enough, but this week’s volatility in the stock market was shocking: a 932-point increase for the Dow Jones Industrial Average DJIA, -0.30% on May 4 followed by a 1,063-point decline the next day.

If you are looking to bail, Hayes Martin of Market Extremes expects a bounceback rally that might provide that opportunity to sell. A reality check following the bull market “Unicorn” startup companies — those valued at $1 billion or more — were hot items during the long bull market. One example was Carvana CVNA, -4.99%, which disrupted the used-car market with streamlined service. Times have changed, as you can see on the chart, above. Here’s how Carvana’s desperate situation applies to other unicorns.

It was certainly a good quarter — better than analysts had expected. But in this market, all eyes are on companies’ forecasts during earnings season. Zillow’s shares plunged 15% in pre-market trading on May 6 after CEO Rich Barton said the outlook for the U.S. housing market “may be choppy in the near term.”

A threat to Apple Apple AAPL, +0.47% has an incredible loyal following, and not only because iPhones are so reliable. The company says it protects consumers with tight control of the software running on its devices. But politicians and regulators are taking aim at some of the restrictions, as Jon Swartz reports.

It may fall further next week, as there is still the possibility of further rate hikes.

Oh just mellow out

🤦‍♂️

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks end rocky week with their 5th straight weekly declineThe stock market ended an unusually turbulent week with its fifth straight weekly decline
Source: WOKVNews - 🏆 247. / 63 Read more »

Global Markets Track U.S. Selloff; S&P Futures Edge LowerInternational markets fell sharply, following Thursday’s slide on Wall Street, but U.S. stock futures were only modestly lower, suggesting some of the pressure on American stocks could abate Friday. Time for Gold? Bolsonaro is lying to the world, betraying USA and Europe. Do not put your Money in Brasil. Do not buy Agricultural products from Brazil. It has pesticide in very high and dangerous levels.
Source: WSJ - 🏆 98. / 63 Read more »

Angelenos brace for sky-high flower prices this Mother's DayShoppers in the market for flowers may get some sticker shock this Mother's Day weekend.
Source: CBSLA - 🏆 552. / 51 Read more »

Stock market has not hit bottom yet, expert saysEddie Ghabour, the co-founder of Key Advisors Group LLC, explains why the U.S. stock market has not yet hit bottom. commonsensebull Hope it plunges into an abyss. An economy powered by printed $$$ and 0% rates is a 'Potemkin village'. REAL capitalistic economies REWARD SAVERS!!!!!!!
Source: FoxBusiness - 🏆 458. / 53 Read more »

Moncler Shares Fall on New Strategy for Grenoble, Genius BrandsDuring the group's Capital Markets Day, chairman and CEO Remo Ruffini said Moncler will also invest in building its footwear category.
Source: wwd - 🏆 24. / 68 Read more »

Coinbase stock price falls more than 11% amid broader market routThe stock price for the publicly traded crypto exchange Coinbase is down nearly 12% on Thursday amid a broader tumble in US equities. 😢 It's down like 80%! Good fucking riddance We need and want XRP
Source: TheBlock__ - 🏆 464. / 53 Read more »