Outlook for stocks in October, Q4 after tough September: Pros

Many investors will be happy to see the back of September, as a historically weak month for stocks lived up to its reputation. The Nasdaq Composite tumbled 10.5%, the S & P 500 fell 9.3% while the Dow Jones Industrial Average lost 8.8%. More hawkish comments from key US Federal Reserve officials also reaffirmed the … Read more

Wells Fargo gets a major buy recommendation for many of the same reasons that we own the stock

Ahead of the start of earnings season next week, Wells Fargo got a major endorsement on Wall Street.

Stocks may look oversold, but they can fall further, strategists say

The selling on Wall Street may not be over even after a rough month when every sector of the stock market was hit hard, according to several technical strategists. The S & P 500 fell 9% in September, and along the way it took out its previous lows for the year and broke below key … Read more

These are JPMorgan’s top stock picks for October

As stocks look to recover from last month’s rout, JPMorgan released its top picks for October. JPMorgan’s monthly Analyst Focus list includes the firm’s favored stock ideas, spanning across sectors and including both growth and value names. The bank’s list has some changes this month. JPMorgan added a biotech name, Mirati Therapeutics, and dropped Akero … Read more

Billionaire Warren Buffett swears by this inexpensive investing strategy that anyone can try

In the past 20 years, investing in low-cost index funds like the S&P 500 has come to dominate much of the investing landscape. The reason? It’s cheaper than investing in most mutual funds, there’s far less trading (which increases costs), and the primary structure that is used to invest in index funds — Exchange Traded … Read more

Here’s how advisors are helping clients reduce their 2022 tax bill

Hero Images | Hero Images | Getty Images Weigh Roth IRA conversions With the S&P 500 Index down more than 20% in 2022, many investors are eyeing Roth individual retirement account conversions, which transfer pre-tax IRA funds to a Roth IRA for future tax-free growth. The trade-off is paying an upfront tax bill. However, lower … Read more

Jobs, home prices, market volatility are client concerns, advisors say

Daniel Acker | Bloomberg | Getty Images With high inflation and rising interest rates fueling speculation that a recession is on the horizon, it may come as no surprise that financial advisors are hearing these concerns from their clients. Year-over-year inflation eased a bit in August to 8.3% from 8.5% in July, but it remains … Read more

Quarterly investment guide Q4 2022: Street investors’ volatility rodeo

The historic turbulence in the markets during the third quarter tested investors’ nerves, but some of Wall Street’s biggest names are reaping their best returns in years by benefiting from the wild swings in different asset classes. It was the first time in about 80 years where the S & P 500 suffered a quarterly … Read more

Underperformance is ‘abysmal’ in the long run for active fund managers

The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though. S&P Global recently published its Mid-Year 2022 SPIVA US Scorecard, which measures how well US actively managed funds perform against … Read more

Quarterly Investment Guide 4Q 2022: Wall Street’s favorite stocks

The fourth quarter is finally here, much to the relief of many investors who took a beating in the previous three-month period. The S & P 500 fell more than 5% in the third quarter, posting its first three-quarter losing streak since early 2009, in the midst of the global financial crisis. It also marked … Read more