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The Fed Was Wrong For 2 Years: Two Data Points Say They'll Be Wrong On Rates In 2023
Thursday, June 15, 2023 - 1:34pm | 577Read More...The Federal Reserve on Wednesday conceded its two-year error in inflation forecasting. This followed data issued by the Bureau of Labor Statistics showing the lowest inflation since March 2021, prompting the Fed to issue a "hawkish pause" on interest rates. “Fed forecasts have been wrong on...
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VIX Closes Below 14 For First Time In Over 3 Years: What That Means For The Market
Wednesday, June 7, 2023 - 4:50am | 612Read More...The CBOE Volatility Index, popularly known as the VIX, settled below the 14 mark for the first time in more than three years. What Happened: The VIX is one of the most commonly used measures of market sentiment and it is often used by traders as a tool for assessing risk. The VIX tracks the S&P...
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Tech Stocks Rise After Inflation Data, S&P 500 Holds Steady Awaiting Biden's Debt Ceiling Crisis Remarks
Wednesday, May 10, 2023 - 1:25pm | 1260Read More...The U.S. stock market is again experiencing a cautious session Wednesday, as investors await more clarity from President Joe Biden on the debt ceiling crisis. Biden is expected to deliver remarks on the debt ceiling at 1:30 p.m. ET. The U.S. inflation rate for April was 4.9%...
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'Sell In May And Go Away' Is Here... But You Might Want To Buy Stocks, Actually
Monday, May 1, 2023 - 12:18pm | 486Read More...Well, May is here, and the age-old investment adage "Sell in May and Go Away" is back in the spotlight. For the uninitiated, the idea behind the "Sell in May and Go Away" adage is that investors should sell their stocks in May and avoid the market until November as the period...
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10 Reasons The S&P 500 Could Be Headed Higher In 2023
Monday, April 17, 2023 - 3:03pm | 525Read More...Despite rising interest rates, elevated inflation, a banking crisis and fears over a potential economic recession, the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 7.9% year-to-date. The stock market appears to be climbing a wall of worry, and Carson Group's Ryan Detrick recently compiled a...
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EXCLUSIVE: Ryan Detrick Remains Cautiously Optimistic, But Says Watch The XLF
Friday, March 24, 2023 - 4:43pm | 525Read More...Carson Group Chief Market Strategist Ryan Detrick appeared on Benzinga PreMarket Prep on Friday to discuss the current state of the markets with Dennis Dick, Joel Elconin and Mitch Hoch. What Happened: Known as one of the key market pundits for bullish indicators, Detrick said despite...
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Nasdaq, S&P 500 Futures Rebound In New Trading Week But Rising Bond Yields Remain A Risk
Monday, February 27, 2023 - 7:47am | 1283Read More...US stocks are coming off a lackluster week and early indications suggest a reversal in sentiment in the new trading week. While rising bond yields could be a cause of concern, the recent weakness could trigger bargain-hunting-related buying. Cues From Past Week’s Trading: The major averages...
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Recession Unlikely Scenario In 2023, Says Analyst: Here's The Key Data Point That Offers Some Proof
Tuesday, February 21, 2023 - 10:09am | 652Read More...Most economists have accounted for at least a mild recession in their forecast for 2023. This is despite the resilience shown by the economy so far even in the wake of a 450 basis points hike in the fed funds rate in a span of a little less than a year. Recession Talks Premature: Total balance by...
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Chiefs Winning Super Bowl LVII Could Spell Trouble For S&P 500 And Investors: Here's Why
Monday, February 13, 2023 - 1:07pm | 501Read More...Despite the sports-betting excitement and anticipation surrounding Super Bowl LVII, traditional financial markets also closely monitor the outcome of the game. The Big Game: The Kansas City Chiefs became Super Bowl LVII Champions on Sunday night, coming back from a 10-point deficit against the...
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A Warning Sign For Stocks And Your Portfolio Looms In The Second Half Of February
Friday, February 10, 2023 - 4:07pm | 427Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a strong start to 2023, but history suggests the second half of February could be a difficult road for the market. After a difficult December and a horrible overall 2022, the stock market rallied in January as fears over inflation subsided....
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Bull Talk: Ryan Detrick Tells Benzinga Why Investors Have A Reason To Believe In Santa
Tuesday, December 27, 2022 - 12:35pm | 580Read More...Carson Group’s Ryan Detrick believes in Santa, and the chief market strategist gave investors a reason to have faith in the historic Santa Claus rally (SCR) on Benzinga’s "PreMarket Prep." Tuesday's extended PreMarket Prep broadcast included: New Age Wealth...
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WATCH TUESDAY: Cameron Dawson, Gene Munster And More Bring 2023 Investment Ideas To Special Edition Of Benzinga's PreMarket Prep
Monday, December 26, 2022 - 3:23pm | 437Read More...During the turbulent year of 2022, the PreMarket Prep crew has brought on a wide variety of guests to help investors navigate the sometimes treacherous investing environment. Not all of their investment ideas have come to fruition — but then, whose investment ideas have been right 100%...
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Stocks Dip Back To Early November Lows But This Analyst Says Rally May Be Around The Corner
Friday, December 16, 2022 - 7:15am | 495Read More...Stocks pulled back sharply in the session immediately after the Fed rate decision, with major averages settling at their lowest levels since early November. What Happened: Carson Group chief market strategist Ryan Detrick, on Thursday, shared a graphic on Twitter showing Dec. 15 being...
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Recession Threat Imminent? Analyst 'Skeptical,' Highlights This Data
Tuesday, November 22, 2022 - 7:59am | 442Read More...The Federal Reserve’s focus on inflation fighting has prompted many market watchers and analysts to call for a recession. What Happened: A recession, however, is less likely, according to Ryan Detrick, the chief market strategist at Carson Group. “Few things are more certain than...
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Record-Highs In Sight For S&P 500 After Thursday's Rally? Analyst Says History Suggests So...
Friday, November 11, 2022 - 7:50am | 549Read More...Thursday’s inflation report sent the markets into a tizzy as traders returned to buying on hopes that the path is now clear for the Fed to reverse its rate hikes. Everyone is now wondering if the market has bottomed out following the extended slide that began at the beginning of the year...
















