Is This The Most Bullish Signal Wall Street Has Ever Flashed?
In April, we witnessed something remarkable. The S&P 500 had one of its sharpest two-day drops in the last three quarters of a century, only to turn around and post its largest single-day point gain in history.
On a single trading day, all three major indexes the Dow, S&P 500, and Nasdaq booked their biggest-ever nominal advances.
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Read MoreThe Max Pain Trade Is…
If one market analyst is to be believed, the path of the market that will lead to most pain will involve a move higher from the early August lows followed by a sharp correction in September and October, repeating a pattern not seen since 1998.
Back then July marked the high and October the low,
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Read MoreHas The AI Bubble Officially Burst?
You’ll never guess who has turned bearish on AI? It seems one of the most prestigious names on Wall Street, Goldman Sachs, has done a U-turn and is betting against a continuation of the momentum previously seen in artificial intelligence stocks.
While Goldman has a long history of staying bullish, often for too long,
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Read More1 Billion Reasons To Buy Buffett’s #1 Stock
While Buffett’s massive cash pile of nearly $300 billion on the books at Berkshire Hathaway has been making waves, what few are paying attention to is how much he’s actually earning on that money every day, week or month.
It turns out Buffett is raking in just shy of a cool billion dollars each and every month just from interest earnings on his war chest.
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Read MoreBuffett’s Bet on Booze, Why He’s Doubling Down
Warren Buffett has never been one to chase fads. While he’s adapted over time, buying Apple and even dabbling in tech disruptors like Snowflake, his compass still points due value.
At its heart, value investing comes down to a deceptively simple idea, buy businesses trading below what they’re really worth. But pulling that off consistently?
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Read MoreThe Burst
Reddit Stock Tumbles 35%, Rare Buying Opportunity or Falling Knife?
Reddit (NYSE:RDDT) share price has been on the proverbial ropes so far this year, losing almost 35% of their value in the past 30 days alone.
This tumble comes in spite of top and bottom line growth, suggesting that a deal may be in the offing for bargain hunters.
Is Reddit a buy on the dip,
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Read MoreThe Spotlight
1 Stock Buffett Likes More Than Apple
Stocks have pulled back in the past month, as interest rates and inflation continue to dog the market. The AI excitement that gripped investors earlier in the year has abated somewhat, leading to recent pullbacks in stocks like Nvidia and Microsoft.
Apple has struggled to make an impact with investors because the company has lagged behind its competitors in launching AI-powered products.
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Read MoreThe Daily
China 'not afraid' of trade war amid rare earths dispute with US
Chinese authorities signaled Sunday that Beijing would not back down in the face of a 100% tariff threat from U.S. President Donald Trump, urging Washington to resolve differences through negotiations instead of threats.
Beijing called Trump’s latest tariffs on Chinese goods hypocritical and defended its curbs on exports of rare earth elements and equipment,
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