The market reaction to the debt crisis in Greece and the euro zone has spooked investors across the world and led to heavy selling of stocks. But is the crisis actually impacting real businesses, given Greece makes up only two percent of euro zone gross domestic product?
Whispers of contagion are sending a chill through bond markets, while the euro is likely to fall further and things don't look pretty for stocks. Smart money is likely to go into gold.
The recent rally in stocks has lost momentum and investors should bail out now or face a summer of sharp declines, Robin Griffiths, technical strategist from Cazenove Capital, told CNBC Monday.
The FTSE-100 may continue its run higher for another month or so, but the UK’s main stock index faces a "severe decline" early in the New Year, Sandy Jadeja from SignalPro told CNBC Thursday.
The dollar index could tank another 10 percent or more over the next six months, and the recent rally in gold can continue to push stocks higher, Chris Zwermann, global strategist at Zwermann Financial, told CNBC.
Shares of Petrofac rallied more than 5 percent Thursday to the top of the FTSE 100 after the oil and gas company said it won a 48-month integrated gas development contract in Abu Dhabi.
Shares of Friends Provident rose to the top the FTSE 100, gaining 5.1 percent, after restructuring-firm Resolution confirmed it was looking to buy the U.K. insurer.
Shares in British Airways, which struck a deal with thousands of workers to either work for free for a month or accept pay cuts and unpaid leave to pull the flag carrier, shot up nearly 3 percent in London Friday.
The FTSE-100 is still in a bear-market rally as it failed to turn bullish and eclipse its 200-day moving average last week, Robin Griffiths from Cazenove Capital said Monday.
A market bottom is nowhere in sight and safety of investment still beats quality as a choice for investors, as markets remain extremely volatile, Nick Parsons, head of strategy at nabCapital Markets told CNBC.
The extreme volatility stock markets are going through can make it hard for investors to pick out an overall trend, but the technical analysts’ tool of Dual Moving Averages can help cut out the noise to focus on profits, Sandy Jadeja, chief market strategist at ODL Securities, told CNBC.
Uncertainty, volatility, bear market are all words we hear in these volatile times. But we should try to dissociate ourselves from the fear of these words and instead focus on how we can put these characteristics in our favor.