That was one for the books—a week where markets whipsawed between panic and less panicked, leaving traders dazed and scrambling to make sense of the shifting macro landscape.
The Invesco QQQ ETF entered into correction territory, dropping 10.8% from its recent peak. As such, several stocks have incurred heavy losses since the start of the year. Here is a quick look at some stocks in the fund that were hit but may recover.
Non-commercials just switched to net long e-mini S&P 500 futures after remaining net short for 14 weeks in a row. They are likely to do well on this switch – at least near term.
In this video lesson I review the day-one of a new rally attempt in the overall market, discuss my new swing trade in a cyber-security leader, and review my tier-one long-term portfolio purchases in my favorite leading stocks before the closing bell.
We'll seek to put enough pieces together to understand the economic and market environment that may be approaching. Beware, we're headed into provocative territory.
The current bull market has been extraordinary. As Bridgewater reports, “Out of any 15-year period to be invested in equities dating back to 1970, the one we’ve just lived through was the best.
The strongest sectors last week were Precious Metals (up from the bottom in the previous week) and Basic Materials, while the weakest were Energy and Banks.
The risk of something going wrong with issues such as tariff escalation or broader geopolitical conflict may limit investors’ risk appetite, said a Morgan Stanley strategist.
A Goldman Sachs analyst said he expects the new iPad and Mac products launched this week to help Apple achieve its fiscal second-quarter outlook of low- to mid-single-digit growth.
White House National Economic Council Director Kevin Hassett appeared on Bloomberg Television Friday and said that President Donald Trump wants to replace income tax revenue with tariff revenue.
All three major indices were red in Friday’s midday trading, with the S&P 500 and Nasdaq 100 down 1% and 1.24%, respectively, and on track for their worst weeks since September 2024.
Markets are grinding lower this evening, telling us that Bull Traps are likely where the money’s made tomorrow. I have (3) Bull Traps on my radar, and if we’re lucky Trade #3 could make our entire week!!
February's jobs report released Friday showed the U.S. economy added fewer jobs than expected, while the unemployment rate unexpectedly ticked higher. Experts are weighing in on the report.
Investors have been cautious about high-growth technology stocks in 2024, with broader market uncertainty and concerns over President Donald Trump’s tariff policies putting pressure on valuations.
LPL Chief Technical Strategist Adam Turnquist said stretched valuations and concerns over the return on investment from significant spending on AI have weighed on the mega-cap space.
The February jobs report from the Bureau of Labor and Statistics released Friday showed a moderate increase in employment and slight increase in the unemployment rate.
