Author: Deep

China’s economy isn’t growing anywhere near as fast as official figures suggest, perma-bear Marc Faber, told CNBC on Tuesday. Speaking before the release of heavily anticipated Chinese growth figures for 2015, Faber, the publisher of The Gloom, Boom & Doom Report, put the country’s growth at about 4 percent, far from the 7 percent Beijing was aiming for, or the 6.9 percent it achieved. “An economy is very complex and you have some sectors of an economy expanding and some sectors contracting,” Faber told CNBC’s Squawk Box. But he added, “My sense is that at very best, the economy is…

U.S. stocks are already into correction territory and BlackRock’s Larry Fink says the market could lose another 10 percent, which would put us officially in a bear market. So what if Fink is right? What do you do if we do fall another 10 percent into a bear market? We ran the numbers using Kensho, a market historical analysis tool, to see which ETFs and stocks worked in the past when the market goes into full risk-off mode. [“source -cncb”]

Wells Capital Management’s Jim Paulsen said Tuesday he has become more positive on stocks as he anticipates more attractive valuations and a buying opportunity on a spike in volatility. Stocks were pointing to open higher on Monday as investors breathed a sigh of relief over China GDP data. But even with the S&P 500 poised for an open above 1,900, Paulsen said he thinks another leg downward is coming. “I’d be buying, putting cash back to work here below 1,900,” he told CNBC’s “Squawk Box.” “I think we’re still going to break below those August lows and probably break 1,800,…

Stocks are swimming in a sea of red as the S&P 500 Index plunged to levels not seen since October 2014. Despite the jarring move lower, the market’s so-called fear gauge, orVIX, has remained unusually calm. “What we’ve seen out of the options market is the lack of expectation of this sell-off that came, volatility was really muted,” Harvest Volatility Group’s Dennis Davitt told CNBC’s “Trading Nation” last week. “Most of the conversations on options trading desks this week up and down Wall Street were about the lack of the performance that we’re seeing in the VIX,” he added. The…

While the sell-off on Friday may have felt very sudden, Jim Cramer has seen the market going down for a very long time. With the average stock in the S&P down 20 percent from its highs last week, Cramer thinks investors should just get used to the notion that good news just won’t matter right now. “I want to talk about the psyche of a bear market so you can understand why nothing is working and the averages can’t put together enough of a winning streak to make it so you can get anything but a trading bounce,” the “Mad…

Stocks were hit by a rush of selling this week that landed all major indices back in correction territory. The S&P 500, Dow and Nasdaq are down a respective 12 percent, 12.7 percent and 12.4 percent from their 52-week high. As investors weigh on whether stocks will resume their bull run, one technician warns there could be significant downside ahead. “Our 2016 outlook was ‘stealth bear market is revealed’ and we think very quickly that it’s becoming apparent that we are in a bear market,” Jonathan Krinsky, MKM Partners’ chief technician, told CNBC’s “Fast Money” recently. “The S&P 500 is…

Analyst sentiment heading into earnings season is exceedingly grim for the sixth straight quarter. However, one expert says negative calls from analysts can actually mean good things for stocks. “What we’ve seen, is that the expectations bar is set low,” Bespoke Investment Group’s Paul Hickey told the “Fast Money” traders last week. “And normally when you have this kind of situation during earnings season you at least get a short term bounce in the market.” The spread this season, meaning the difference between positive and negative revisions for companies in the S&P 1500 in the four weeks before the start…

On Friday, U.S. Brent crude hit a fresh 12-year low as fears that the lifting of Iranian sanctions could flood an already oversupplied market for crude. In spite of the sell-off, the man who correctly saw the steep market correction in August told CNBC that investors would be smart to buy oil at these levels — and short the stock market. “Markets estimate the probability of a spike in oil, and a bear market at about 3 percent,” JPMorgan’s Marko Kolanovic, told the “Fast Money” last week. “But we think it’s actually much higher.” Kolanovic’s theory comes from looking at…

With crude futures trading below $30 per barrel, analyst John Kilduff said Friday that prices will spiral even lower before they bounce. The most bearish outlooks now see oil bottoming around $10 per barrel. While those estimates sound crazy, the long-awaited recovery will not come until the market finds a price that will finally persuade drillers to turn off the tap, Again Capital’s founder said. “The market is going to have to get to a shock price point that’s going to bring producers … really to their knees and to finally react,” he told CNBC’s “Squawk Box.” High-cost production has…

The year is only two weeks old but investors are already down in the dumps. (Tweet This) Global equity markets kicked off 2016 on the wrong foot as concerns over a slowdown in China, as well as plunge in oil prices, have weighed. The S&P 500 has shed about 9 percent this year and has teetered in and out of correction territory, or more than 10 percent off its 52-week high, for most of the year.The Dow Jones industrial average and theNasdaq composite have fallen about 6 percent and 7 percent year to date, respectively. Overseas, China’s benchmark Shangahi composite…