Page 22 - Jonathan Krinsky News Today

The Dow Jones Industrial Average cut a nearly 500-point intraday loss Monday as technology names like Microsoft rallied amid falling interest rates.

The Dow Jones Industrial Average cut a nearly 500-point intraday loss Monday as technology names like Microsoft rallied amid falling interest rates.

The Dow Jones Industrial Average cut a nearly 500-point intraday loss Monday as technology names like Microsoft rallied amid falling interest rates.

Investors are looking ahead to a packed week of corporate earnings, including reports from Amazon, Apple and Microsoft.

Need to Know: Russia-Ukraine conflict is a worry, but this is still the biggest threat for stock investors, says JPMorgan <!-- Nee

Arista Networks shares on Tuesday rallied more than 26% after announcing its most recent quarterly results.

Energy Stocks Show U.S. Investors Are Digging in the Dirt “What’s old is new” when it comes to U.S. energy stocks, according to Jonathan Krinsky, chief market technician at Bay Crest Partners LLC. Krinsky compared two exchange-traded funds in a report Sunday to make his case. He cited the ratio between the SPDR S&P Oil & Gas Exploration & Production ETF and the First Trust Nasdaq Clean Energy Green Energy ETF, which plunged 97% between October 2012 and last November. Since then, the ratio...

Software stocks in the U.S. and Canada are going through a “relative breakdown,” according to Jonathan Krinsky, chief market technician at Bay Crest Partners LLC. Krinsky cited an exchange-traded fund that’s linked to the S&P North American Expanded Technology Software Index in a report Tuesday. The ratio between the index and the S&P 500 fell 16% through Tuesday from a record set in December, according to data compiled by Bloomberg. Along the way, the ratio reached its lowest level in a ...

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability. Speaking at the Peterson Institute of International Economics in Washington, Kristalina Georgieva said new IMF research, which compares the current economy to the “roaring 1920s” that culminated in the great market crash of 1929, revealed that a similar trend was already under way. While the inequality gap between count...

Short-squeezed hedge funds are now getting hit on their bullish bets too Lu Wang, Bloomberg News VIDEO SIGN OUT With a full-blown retail raid targeting their short books, many of the stocks hedge funds are bullish on are suddenly in trouble, too. Square Inc., Roku Inc. and Peloton Interactive Inc., among the industry’s favorite stocks, each tumbled at least 3 per cent Tuesday while GameStop Corp. continued to lead a rally among companies with the highest short interest. It spiked ...