Jonathan Krinsky, the chief market technician at BTIG, highlights that the Nasdaq-100, heavily weighted towards tech, has not seen a pullback of 2.5% or more in 303 trading sessions, marking it as the third-longest streak since 1990. While this streak does not necessarily indicate an immediate downturn in the AI-driven...
In evaluating the U.S. stock market with these parameters, Ray Dalio, founder of Bridgewater Associates, suggests that it doesn’t appear excessively bubbly, despite notable rallies and media attention on specific segments. Stocks have surged significantly since their October lows, marking four consecutive months of gains and propelling both the S&P...
Investors are acutely aware of potential shifts brewing in the background over the past 1.5 to 2 years, signaling the possibility of messy adjustments ahead, notes a strategist. While Federal Reserve officials may take months before considering any action on interest rates, traders are directing their attention to the often-overlooked...
Despite the prevalent discourse surrounding the dominance of a handful of companies such as the Magnificent Seven in propelling stock-market performance, the truth reveals a different narrative: the U.S. market stands as one of the least concentrated globally. This insight stems from the latest research findings presented in the global...
Equities faced difficulties while bonds excelled during the turbulent inflationary periods of the 1970s. Presently, investors are drawn to the idea of a “Goldilocks” market, but a group of quantitative strategists from Wall Street warns of a potential return to conditions reminiscent of the disco era. In a recent communication,...
There was little change in bond yields on Wednesday morning as traders waited for the Federal Reserve’s January meeting minutes to be released. What’s happening What’s driving markets Investors were hesitant to make risky investments until the minutes from the Federal Reserve’s policy meeting on January 31st at 2 p.m....
