NewsFeeder
08-11-2018, 02:30 PM
The Markets Are Loving Hated Stocks. That May Not Be a Good Thing.*
In a week when the S&P 500 Index came within 0.5 percent of its January peak and then failed to hold its gains, a cohort of the most-hated stocks advanced to record levels, much to the dismay of bears. The double whammy occurred as geopolitical tensions blended with corporate earnings to produce stock returns that caused pain for bulls and bears alike. The S&P 500 erased what could have been a sixth weekly gain Friday as Turkey’s economic crisis worsened and U.S. President Donald Trump doubled steel and aluminum tariffs on the country.
https://finance.yahoo.com/news/markets-loving-hated-stocks-may-160000474.html?.tsrc=rss
In a week when the S&P 500 Index came within 0.5 percent of its January peak and then failed to hold its gains, a cohort of the most-hated stocks advanced to record levels, much to the dismay of bears. The double whammy occurred as geopolitical tensions blended with corporate earnings to produce stock returns that caused pain for bulls and bears alike. The S&P 500 erased what could have been a sixth weekly gain Friday as Turkey’s economic crisis worsened and U.S. President Donald Trump doubled steel and aluminum tariffs on the country.
https://finance.yahoo.com/news/markets-loving-hated-stocks-may-160000474.html?.tsrc=rss