When volatility picks up, we watch the market’s “internal” measures, like breadth, sentiment, leadership, and volume, to enhance our analysis of price action. These internal measures can give us a sense of when a trend in the market, either on the upside or downside, is overextended and primed for a reversal. In our work, we find it useful to use these data points in aggregate, taking note when several of these reach extreme levels. On Friday, there were seven internal measures that reached levels we identify as “extremely oversold” – one breadth metric, three sentiment indicators, two leadership measures, and…
Author: usaeverydaylife
Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike BlakeMike Blake | ReutersRestaurant stocks fell in morning trading Monday, fueled by investors’ fears that a recession is coming.U.S. stocks have tumbled for three consecutive days after President Donald Trump shocked the markets with high tariffs on goods imported from key trading partners. While analysts do not expect the tariffs to hit most restaurant companies directly, the inflation that is expected to follow would put pressure on consumers’ wallets and could lead to an economic downturn.”We view the direct cost impact of tariffs…
There’s nothing that excites a journalist quite like a deal coming together past its initial deadline. Vladimir Guerrero Jr.’s 14-year, $500 million contract extension with the Blue Jays came nearly two months after Guerrero’s deadline to end talks at the start of spring training.It capped off another week of significant extensions across the sport, with Ketel Marte, Jackson Merrill and Kristian Campbell also signing long-term pacts. Let’s break it down.Vladimir Guerrero, Jr. reaches his markExtensions work for younger players because a player forgoes the potential for larger earnings to mitigate the risk of failure before free agency, be it through…
Global bond yields cratered in the wake of U.S. Donald Trump’s tariff announcement last Wednesday, as investors hunt for any safe havens amid the stock market sell-off — but economists warn the rally may not be sustainable if inflation concerns weigh.The yield on Germany’s 10-year bund — the benchmark for the euro area — had dropped from 2.72% on Wednesday to below 2.6% on Monday afternoon, though ticked higher to 2.65% at the end of the session. The yield stretched above 2.9% last month, as markets braced for a fiscal spending spree in Europe’s biggest economy. Yields move in the…
A tugboat pushes a barge near the U.S. Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, on Sept. 9, 2024.Justin Merriman | Bloomberg | Getty ImagesPresident Donald Trump on Monday ordered the proposed acquisition of U.S. Steel by Japan’s Nippon Steel to undergo a new review after the deal was blocked by President Joe Biden.Trump directed the Committee on Foreign Investment in the United States to review the acquisition again to assist “in determining whether further action in this matter may be appropriate,” according to a presidential action issued by the White House on Monday.U.S. Steel shares spiked 11% in…
Chief Executive of Apple, Tim Cook gives a thumb’s up during a tour the Apple Headquarters on December 12, 2024 in London, England. Chris Jackson | Getty ImagesApple has triumphed over an effort from the U.K. government to keep details secret of its appeal against an order to create a “backdoor” to iPhone users’ data.The U.K.’s Investigatory Powers Tribunal on Monday published a ruling dismissing the government’s attempt to prevent details from a hearing on the appeal from being made public. The government had tried to keep the information secret on the grounds it posed risks to national security.Judges Rabinder Singh and…
Welcome to The Briefing, where every Monday during this season The Athletic will discuss three of the biggest questions to arise from the weekend’s Premier League football.This was the weekend when Aston Villa closed in on the Champions League places, Brighton & Hove Albion and Crystal Palace shared as many red cards as goals, Arsenal slipped up again and Chelsea played out a drab 0-0 draw with Brentford.Here, we will ask about the odd final few weeks of the season for the champions elect, whether the awful Manchester derby was fitting for the Premier League as a whole, and if relegated Southampton have…
Seven days after an earthquake devastated Turkey in 2023, French volunteers used a suitcase-size radar to locate a survivor under the rubble. It was one of many lives the device helped save in the aftermath of the disaster.The group also rushed volunteers to Myanmar after a powerful earthquake last month leveled buildings, bridge and centuries-old temples. But the volunteers were stuck at immigration control at the airport in Yangon for more than a day. They finally entered the country last Wednesday, only to have the authorities declare search and rescue operations ending the next day. The volunteers returned home without…
Stocks are getting clobbered since President Donald Trump announced new tariffs last Wednesday. The problem for investors in search of bargains: It’s hard to know which names are actually on sale. The standard way to value stocks is a forward price-to-earnings multiple, based estimates for the coming 12 months. Take the share price and divide it by the consensus earnings per share estimate on Wall Street, and you have the P/E. In ordinary times, it’s quite common to look at stocks with falling P/Es and determine that a more attractive entry point has arrived. “This stock has gone on sale,”…
Apple shares could suffer further from President Donald Trump’s higher tariff regime, according to Wedbush Securities analyst Dan Ives. The analyst – who said he’s still bullish long term on the iPhone maker and left his investment rating outperform rating – nonetheless slashed his 12-month price target by 23%, to $250 from $325. That implies almost 33% upside from current levels for Apple shares. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives wrote in a note to clients on Sunday. “In our view, no U.S. tech company is…
