Stock Market Surges 30% Since Mid-October Low: Is a Correction Looming?
Amidst the impressive 30% rally of the S&P 500 since its mid-October low, investors are raising concerns about a potential correction, considering the rally’s apparent stretch. However, Fundstrat’s Tom Lee has a different perspective. In a Friday note, he acknowledged the possibility of a typical 5% pullback but argued that such a decline could be […]
Bubble Alert! Nasdaq and S&P 500 Returns Over the Past 3 Years Raise Concerns
A 2023 surge in the stock market driven by prominent tech companies has triggered concerns that another bubble could be forming, as the Nasdaq Composite index is noticeably surging ahead of the S&P 500’s robust gains. Jessica Rabe, co-founder of DataTrek Research, in a note on Thursday, suggests that a longer-term view of market trends […]
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 […]
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 […]
