Alphabet, the parent company of Google, experienced a significant surge in its stock value on Friday, propelling its market capitalization above $2 trillion for the very first time. This surge contributed to a notable recovery in U.S. stocks for the month of April, with the S&P 500 achieving its most...
Over the past twelve months, the U.S. government has injected a staggering $6.2 trillion into various sectors, catching the attention of investors. Bank of America’s strategists, led by Michael Hartnett, suggest that this surge in fiscal spending signals a path devoid of fiscal restraint, potentially leading to inflation and a...
Morgan Stanley’s Michael Wilson shared with Bloomberg that he and his team are now prioritizing the identification of undervalued stocks over making predictions for the S&P 500 index, at least for the time being. Wilson mentioned in an interview with Bloomberg Television that discussions regarding the S&P 500’s future have...
Tech stocks may be gearing up for a comeback, but Steven Jon Kaplan, CEO of True Contrarian blog and newsletter with $120 million under management, warns of a potential repeat of history. He foresees the Invesco QQQ Trust Series, which mirrors the Nasdaq-100, plummeting from its current 427 to below...
Sectors that typically experience a surge towards the end of bull markets are currently showing signs of lagging behind. Despite a week of volatile trading sessions, the primary trend in the U.S. stock market remains upward. This conclusion is supported by the sector relative-strength rankings, which have remained positive despite...
Bob Elliott, Chief Investment Officer at Unlimited Funds, underscores the Federal Reserve’s challenge amid the recent surge in commodity prices. Bond yields have risen sharply this month, reflecting concerns about persistent inflationary pressures amidst a thriving economy. This development marks a notable setback for the prevailing bullish trend in the...
