The Pulse of Tech Stocks: A Comprehensive Analysis of 20 Years
Early trading in equity futures on Monday indicates that Wall Street is poised to build upon last week’s robust rally. Despite the recent volatility driven by concerns over rising bond yields conflicting with expectations of strong corporate earnings, particularly within the tech sector, market sentiment appears resilient. Following a slight dip of over 5% in […]
Big Tech Rally Powers S&P 500 to Strongest Week Since November Amid Inflation Fears
Alphabet, Google’s parent company, saw a remarkable surge in its shares on Friday, propelling its market value past the $2 trillion mark for the first time. This boost contributed to a significant recovery in U.S. stocks for the month of April, with the S&P 500 securing its most substantial weekly increase since November, fueled largely […]
The ‘Anything But Bonds’ Phenomenon: Bank of America’s Take on Main Street’s Spending and Wall Street’s Strategies
In the past year, the U.S. government has poured $6.2 trillion into various initiatives, catching the eye of investors. According to Bank of America’s strategists, spearheaded by Michael Hartnett, this fiscal splurge spells a trajectory of no end, spiraling into inflation and a long-term downturn in bond markets, hence fueling a fervent appetite for alternative […]
Wall Street’s Bearish Giant Takes a Break from S&P 500 Predictions
Michael Wilson of Morgan Stanley revealed to Bloomberg that he and his team are shifting their focus away from making predictions for the S&P 500 index, at least for the time being. Instead, they are now concentrating on identifying undervalued stocks. During an interview with Bloomberg Television, Wilson mentioned that discussions about the S&P 500’s […]
Tech Stocks on the Brink: Contrarian Investor Warns of AI-Driven Collapse
Tech stocks seem poised for a rebound, but according to Steven Jon Kaplan, the CEO of True Contrarian blog and newsletter managing $120 million, the sector may be headed for trouble reminiscent of the dot-com bubble. Kaplan predicts that the Invesco QQQ Trust Series, which tracks the Nasdaq-100, will drop from its current level of […]
Why Rushing to Sell Stocks Might Not Be the Best Move
Sectors that typically surge toward the end of bull markets are now falling behind. Despite last week’s volatile trading sessions, the primary trend in the U.S. stock market remains upward. This conclusion is supported by the sector relative-strength rankings, despite recent market fluctuations. My optimistic outlook is based on an analysis of sector performance during […]
Economic Uncertainty: S&P 500 on Track for Worst Month Since 2022
Bob Elliott, CIO of Unlimited Funds, emphasizes the challenge posed by the recent increase in commodity prices for the Federal Reserve. The surge in bond yields this month reflects concerns about sustained inflationary pressures amidst a buoyant economy, marking a significant setback for the ongoing bullish trend in the U.S. stock market. The S&P 500 […]
Nvidia’s Market-Cap Meltdown: Magnificent Seven Hit Record Losses
This week saw a staggering decline in the market capitalizations of the “Magnificent Seven” stocks, collectively losing $950 billion in market value. Among these, Nvidia took the hardest hit, shedding nearly $300 billion in market cap, surpassing even the entire market value of its rival, Advanced Micro Devices Inc., which stands at $237 billion. Nvidia’s […]
Finding Hope in the Downturn: Five Signals Suggesting the Stock Market’s Pullback is Easing
The performance of U.S. stocks lately isn’t exactly flattering. Despite starting strong, they consistently close lower, sending concerning signals about the overall market health. Thursday marked the fourth consecutive session where the S&P 500 experienced this reversal trend, the longest such streak in six years, indicating significant underlying issues despite recent rallies. Even amidst Friday’s […]
On High Alert: Wall Street’s ‘Fear Gauge’ Soars Amidst Renewed Market Volatility
In the past week, implied volatility measures for stocks, bonds, and currencies have all surged significantly, marking a notable departure from the prolonged calmness observed in previous months. For instance, the Cboe Volatility Index (VIX), commonly referred to as Wall Street’s “fear gauge,” climbed to 19.56 on Tuesday, reaching its highest level since October 31st, […]
