The S&P 500’s remarkable 30% rally since its mid-October low has caught the attention of investors, raising concerns about a possible correction due to the perceived stretch in the market. However, Fundstrat’s Tom Lee offers a different perspective. In a Friday note, he acknowledges the potential for a typical 5%...
The notable rise in the stock market in 2023, led by renowned tech firms, has raised worries about a potential new bubble. The Nasdaq Composite index is significantly gaining ground, outpacing the solid growth of the S&P 500. Jessica Rabe, the co-founder of DataTrek Research, noted on Thursday that when...
The Consumer Sentiment survey by the University of Michigan provides additional reasons to worry about the condition of U.S. stocks and the economy. The most recent University of Michigan (UMI) measurement reveals a notable increase in consumer sentiment, a pattern that frequently contradicts typical forecasts. The boost in the sentiment...
The robust growth seen in the U.S. stock market during the first half of 2023 continued into the second half, encouraging optimistic investors to remain hopeful. This optimism has pushed the tech-heavy Nasdaq 100 index to increase by 42% for the year to date. On the other hand, conservative investors...
Imagine a normal day at the office when suddenly, an alert appears on your smartphone indicating a significant plunge in the stock market. What do you do? Like several others, you might react impulsively and in a way that may not be the best or most advised course of action....
The stock market is still on the rise. The Nasdaq Composite (^IXIC) has seen its best first six months in four decades, while the S&P 500 (^GSPC) has grown by 16% during this same period. What is the forecasted trend for stocks in the later part of 2023? Analysts at...
