Market Commentary: Something Ominous Lurks Beneath
Peak excitement is kicking in now. The market has risen in 15 of the last 17 weeks. Nvidia’s forecasts that beat the street by a couple of billion dollars led to a $250 billion surge in market capitalization. And retail traders are pouring into out-of-the-money call options in the hopes of making life-changing returns on popular stocks. » Read more about: Market Commentary: Something Ominous Lurks Beneath »
Read More
“SELL”: Wall Street’s Most Accurate Analyst
When Bank of America’s Chief Investment Strategist turned bullish last month amid a plethora of dire sentiment readings, few paid close attention.
Then the markets rose by 20% off their lows.
So, what is Wall Street’s most accurate analyst saying now?
In a word: SELL.
The Bear Market Is Not Over
According to Hartnett,
» Read more about: “SELL”: Wall Street’s Most Accurate Analyst »
Read More
1 Monster Software Stock Even Buffett Owns
When you think of 91 year old Warren Buffett’s stock picks, old stodgy companies with wide moats that spit off massive amounts of cash come to mind. From railways to insurance, the laundry list of market-beating companies Buffett owns through his holding company Berkshire Hathaway is the stuff of legend.
But one sector Buffett has famously avoided up until the last few years is technology,
» Read more about: 1 Monster Software Stock Even Buffett Owns »
Read More
1 Growth Stock A Billionaire Is Buying
The Nasdaq Composite entered a bear market in Q1. One investor treating the pullback as a buying opportunity is billionaire Israel Englander of Millennium Management. He added to his shares of The Trade Desk, an industry leader gaining momentum in the programmatic advertising space.
Although analysts have been cutting price targets for growth stocks,
» Read more about: 1 Growth Stock A Billionaire Is Buying »
Read More
Market Commentary: Valentine’s Day Massacre Begins Now
For investors who are only familiar with stock investing, the options market can seem like a great unknown. That market is so large that it can sometimes act like the tail wagging the dog.
As we approach the monthly expiration of options in February, the risks to the market grow. That fact is well understood by one analyst,
» Read more about: Market Commentary: Valentine’s Day Massacre Begins Now »
Read MoreThe Ivy
Is Ethereum Set To Soar 250%?
Just a couple of months ago, the consensus view was that an Ethereum ETF would not be approved. At the time, the price of Bitcoin diverged materially from that of Ether.
But the breadcrumbs were pointing to a different outcome. It was clear that Wall Street was favoring Ethereum because of its smart contracts and flexible architecture;
» Read more about: Is Ethereum Set To Soar 250%? »
Read MoreThe Spotlight
Market Commentary: Why Did Nvidia Go Up So Much?
A powerful investing lesson lies hidden in the movement of Nvidia this year. As the calendar turned to 2023, the stock was trading at $143 per share. Within fewer than two quarters, it had catapulted well above $300 per share. What could justify a 169% year-to-date return?
Read MoreThe Daily
Analysis-Investors say they know how to trade Trump 2.0
By Tom Westbrook and Ankur Banerjee
SINGAPORE (Reuters) – Investors dusted off their trade war playbooks on Tuesday,
» Read more about: Analysis-Investors say they know how to trade Trump 2.0 »