Tech Stock Rally: A Long-Time Bull’s Concerns and Tom Lee’s Market Outlook
The Dow Jones Industrial Average has recently marked its ninth straight day of increases, achieving its most extensive sequence of consecutive wins since 2017. Interestingly, the most recent progress happened in a session which also witnessed the Nasdaq Composite COMP, -2.05% register a 2% decline, marking its largest fall in four months. Does the expansion […]
Unstoppable yet Unsettled: The Duality of U.S. Stock Market Rally and Sustained Bearishness
The positive surge in the U.S. stock-market that characterized the initial half of 2023 has extended into the latter half, causing confident investors to hold onto the hope that has propelled the tech-focused Nasdaq 100 index to a 42% rise for the year so far. Meanwhile, cautious investors are attempting to predict the moment when […]
Caution Ahead: 3 Actions to Avoid During a Stock Market Crash
Picture a typical day at work, and a notification on your phone indicates a drastic drop in the stock market. What’s your next move? Chances are, like many others, you might react in a way that’s not wise or recommended. Here are three crucial actions you should avoid during a stock market downfall. Familiarize yourself […]
Predicting a ‘Fat and Flat’ Stock Market for the Rest of the Year
The stock market continues to surge, with the Nasdaq Composite (^IXIC) experiencing its strongest first half of the year in forty years, and the S&P 500 (^GSPC) increasing by 16% during the same timeframe. What is the predicted direction of stocks in the latter half of 2023? According to analysts from Goldman Sachs, they anticipate […]
U.S. Stock-Market Soars: An Insight into Enduring Bearish Perspectives
The positive momentum in the U.S. stock market, which started in the first half of 2023, is still ongoing in the second half. This has kept optimistic investors hopeful, especially as the technology-focused Nasdaq 100 index has already increased by 42% this year. Conversely, pessimistic investors monitor the situation closely, anticipating when the current momentum […]
As Inflation Retreats, Wall Street Maintains its Impeccable Winning Streak
The winning streak of Wall Street continued for a fourth consecutive day on Thursday after receiving indications that inflation is gradually becoming less burdensome for the economy. The S&P 500 experienced a 0.8% increase, rising by 37.88 points to reach 4,510.04 – its highest closing value since April 2022. Meanwhile, the Dow Jones Industrial Average […]
Exploring The Market: S&P 500 Futures Ascend While Carvana, SoFi Technologies Struggle in Premarket Trading
Two hours before the U.S. stock markets opened, Coherent Corp. (COHR) experienced a 5.0% increase in pre-market trading, while Delta Air Lines Inc. (DAL) saw a 4.5% increase. Shares of Trade Desk Inc. Cl A (TTD), American Airlines Group Inc. (AAL), and CAVA Group Inc. (CAVA) were all experiencing increases of at least 3%. At […]
Meme Stocks Return: Strategist Sounds Alarm for Potential Stock Market Impact
Many have voiced their criticism towards the stock market rally of 2023, claiming that it is mainly focused on a handful of large technology companies. However, according to Jonathan Krinsky, managing director, and chief market technician at BTIG, the recent addition of a few more stragglers is now worrying investors. He points out that a […]
Potential S&P 500 Surge: Fundstrat’s Lee Predicts a 100-Point Bump Following Inflation Data
As doubts about the 2023 market rally begin to emerge, Tom Lee from Fundstrat has returned with an optimistic prediction. The ex-analyst from JPMorgan Chase provided clients with a suggestion to take advantage of a “strategic buying opportunity”. In a research note, the analyst argued that the recent decrease in prices presents a good opportunity […]
Inflation Data Influences Stock Market Stability: Insights from Today’s Trading News
On Monday, the stock market started with a slight decrease, marking the beginning of a week that will primarily focus on inflation, interest rates, and the commencement of the second-quarter earnings season. The S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite all experienced a decline and dropped below the neutral point. S&P […]
