Behind the Numbers: Exploring the Ripple Effect of Dow Transports’ Lag on the Economy
The broader U.S. market tends to thrive even when the transportation sector is struggling. While major U.S. stock-market indices reach new peaks, the Dow Jones Transportation Average (DJT) faces challenges, remaining over 6% below its November 2021 peak. Over the past year, it has trailed behind the broader Dow Jones Industrial Average (DJIA) by over […]
Nasdaq’s Record Streak: Time for a Market Shakeout?
Jonathan Krinsky, BTIG’s chief market technician, notes that the Nasdaq-100, dominated by tech, hasn’t experienced a 2.5% or greater pullback in 303 trading sessions, marking it as the third-longest streak since 1990. While this streak doesn’t necessarily signal an imminent downturn in the AI-driven U.S. stock surge, Krinsky suggests that the market is due for […]
Analyzing Bank of America’s Calculations: S&P 500 Target Upgraded to 5,400
Futures indicate a cautious start for Wall Street, despite major stock indices holding at record levels. The Nasdaq Composite has surged 13.8% and the S&P 500 has gained 11.8% in the last three months, prompting concerns about market bubbles. Bank of America’s team, led by Savita Subramanian, remains bullish, raising their end-of-year S&P 500 target […]
Tracking Trends: U.S. Stock Market Behavior in March After February’s Surge
Bespoke notes that March typically brings a middling performance for U.S. stocks, with gains that don’t stand out compared to other months. While February saw U.S. stocks securing a winning streak, there’s now speculation about whether investors might opt to cash in on those gains at the start of March. Looking back, history reveals a […]
Ray Dalio’s Insight: Why the Stock Market Isn’t Bubble-Prone
When examining the U.S. stock market through these lenses, it doesn’t appear overly bubbly, according to Ray Dalio, the founder of Bridgewater Associates, even amidst notable rallies and media attention on certain segments. Stocks have surged significantly since their October lows, marking four consecutive months of gains and propelling both the S&P 500 and Dow […]
The Hidden Gem: Traders’ Quest to Uncover the Significance of this Obscure Financial Element
According to a strategist, investors are keenly aware of the potential for changes in the background that have been unfolding over the past 1.5 to 2 years, which could lead to adjustments that might prove to be messy. Instead of focusing on potential actions by Federal Reserve officials on interest rates in the coming months, […]
The Untold Story: How the U.S. Stock Market Bucks Concentration Trends
Despite the widespread discussion of the dominance of a select few companies like the Magnificent Seven driving stock-market gains, the reality is quite different: the U.S. market is among the least concentrated globally. According to the latest insights from the global investment returns yearbook, authored by Paul Marsh and Mike Staunton of London Business School […]
Inflation Watch: Treasury Yields Edge Lower Amid Trader Attention
Early Tuesday, U.S. bond yields experienced a decline as traders closely monitored a slew of economic indicators and remarks from Federal Reserve officials anticipated over the next few days. Here’s what’s happening: What’s prompting these shifts in the market: Benchmark Treasury yields edged lower, moving away from the upper end of their three-month range, as […]
Ahead of the Curve: U.S. Stock Futures Steady Amidst Data Deluge
U.S. stock futures are signaling a mostly stagnant start for Wall Street on Monday, with investors gearing up for a data-heavy week while seeking fresh drivers to propel the market upwards following a recent boost from Nvidia. Here’s how the stock-index futures are trading: On Friday, the Dow Jones Industrial Average rose by 62.42 points, […]
Nasdaq 100’s Remarkable 3% Jump Triggers Memories of the Dot-Com Bubble
Bespoke analysts suggest that historical trends and seasonal factors could prompt a decline in U.S. stocks in the coming weeks. The recent surge in the tech-heavy Nasdaq 100 index, reaching its highest level since March 2000, echoes the exuberance of the dot-com era, which ended in a market downturn and recession. Bespoke notes that while […]
