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Peter Schiff Says 'Still Don't Get' Logic Of Investors Buying Tech Stocks: Recommends These Instead
Friday, November 11, 2022 - 7:57am | 425Read More...Given that tech stocks were the hardest hit in the current bear market, it is no wonder they led the recovery on Thursday. One economist, at least, is not happy about investors flocking to tech stocks in droves. What Happened: Peter Schiff, who bats for gold but bashes Bitcoin (CRYPTO: BTC), said...
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Apple Smashes Amazon's Record As iPhone Maker's Stock Rallies After Inflation Data
Friday, November 11, 2022 - 6:23am | 490Read More...Apple Inc. (NASDAQ: AAPL) stock had a stellar run on Thursday amid the equity market revival and, in the process, made its way into the record books. What Happened: Apple shares gapped up at the open after a Labor Department report showed annual headline inflation slowed from 8.2% in September to...
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How Jerome Powell Swung The Market Pendulum As He Went From 'Dovish' And 'Pivot' To Most 'Hawkish'
Thursday, November 3, 2022 - 6:22am | 887Read More...What a difference a day can make! This rang true for the market, which went from euphoria to despair within a day. Ahead of Wednesday’s session, the equity market was building some upward momentum, encouraged by earnings momentum and hopes that the Fed will shift its language to dovish....
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US Market Set To End Week With Whimper As Amazon Drags Nasdaq Futures Lower; Apple, Pinterest, Oil Giants, Inflation Readings In Focus
Friday, October 28, 2022 - 7:12am | 1164Read More...U.S. index futures are uniformly lower on Friday, as tech stocks continue to drag the overall market. The major U.S. averages closed Thursday’s session on a mixed note, with the S&P 500 and the Nasdaq Composite indices declining sharply, while the Dow Industrials bucked the downtrend....
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S&P 500, Nasdaq Futures Relay Cautious Optimism As Fed Speeches Loom; Cisco Takes Off On Earnings
Thursday, August 18, 2022 - 7:01am | 618Read More...Futures trading during the premarket hours is suggesting cautious optimism for Wall Street on Thursday, following the tech-led pullback seen in the previous session. On Wednesday, the major averages gap-opened lower and languished mostly below the flat line, although the FOMC minutes that...
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Citi Names These Two Markets As Its Top Picks In Asia
Friday, January 28, 2022 - 11:40am | 219Read More...On CNBC, Ken Peng of Citi Private Bank said that the U.S. Federal Reserve has promised to tackle inflation in a very aggressive manner. The tapering by the Fed is all set to end next month, with rate-hike expected to begin in March. Peng noted that the Asian markets are in a "little bit better...
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'Make Or Break': Stock Market Update For The Week Ahead
Sunday, July 26, 2020 - 8:14pm | 1659Read More...The Last Week, In A Nutshell What Happened: Stocks closed the week lower on an escalation of U.S. and China tensions, mixed reactions to earnings results, and delays in stimulus talks. Remember This: “Congress’ decision on a new wave of support could make or break the next leg of the...
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"Stay at Home" Stocks Still Rule the Roost as Nvidia, Microsoft, Apple Start Week Firmly
Tuesday, May 12, 2020 - 4:11pm | 2495Read More...Key Takeaways The early focus remains on reopenings, worries about new Asian virus cases Crude gets a lift from Saudi plan to cut production further Consumer prices dropped 0.8% in April, in line with analysts’ expectations (Tuesday Market Open) Without many directions from overseas markets...
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Friday Never Happened: Dow, S&P 500, Nasdaq Recover Losses In Afternoon Trading
Monday, March 26, 2018 - 4:10pm | 205Read More...Just as the Dow Jones Industrial Average finished the Friday session near its lows for the day with an over 400-point loss, investors were bracing for a test of February lows. Even though the markets showed strength early in the session Monday, concerns over market leader Facebook.com, Inc. (NASDAQ...
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Oppenheimer's Top Stock Picks For December
Thursday, November 30, 2017 - 11:17am | 798Read More...As we enter the last month of the year, a look back shows fairly strong performances by the equity markets. The Dow Industrials Average is at a record high and is closing in on another psychological resistance point around 24,000. The broader S&P 500 Index is just shy of its all-time high,...
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Why Can't The Dow Close Above 16,000?
Thursday, November 21, 2013 - 8:11am | 579Read More...So, why can't the Dow Jones Industrial Average hold above 16,000? Or the Standard & Poor's 500 Index close above 1,800 or the Nasdaq Composite Index move smartly above 4,000? The short answer on Wednesday was that the Federal Reserve got in the way. But there's a longer-term answer....
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Keeping an Eye on the Four 'New' Horsemen of Tech
Wednesday, October 9, 2013 - 1:15pm | 611Read More...According to Forbes, analyst Jonathan Krinsky of Miller Tabak recently drew an interesting parallel between four contemporary tech stocks – Facebook (NASDAQ: FB), LinkedIn (NYSE: LNKD), Netflix (NASDAQ: NFLX), and Tesla (NASDAQ: TSLA) – and the so-called “Four Horsemen” of the 1990s – Cisco (...
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Stocks Fall After China Lowers Growth Target
Monday, March 5, 2012 - 12:09pm | 809Read More...China is lowering its economic growth target to an eight year low, so that it can focus on increasing domestic demand and prepare for next year's leadership change. Chinese Premier Wen Jiabao said that his 2012 growth target of just 7.5 percent would allow Chinese officials to increase their...
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Baidu Showing Relative Strength (BIDU, COMPQ)
Thursday, November 11, 2010 - 12:04pm | 62Read More...Shares of Baidu (NASDAQ: BIDU) are surging to an all-time high this morning despite weakness in the broader equity markets. Shares of the Chinese internet search giant are up $2.73, or 2.44%, to $144.42, which is a new all-time high. This move higher comes despite the Nasdaq Composite (COMPQ) being...
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RIMM Versus Apple Year-To-Date (RIMM, AAPL)
Tuesday, August 31, 2010 - 11:47am | 130Read More...Shares of Research In Motion (NASDAQ: RIMM) continue to get hammered today, hitting a fresh 52-week low. The stock is down $2.22, or 4.84%, to $43.37. The stock is now down 50.8% from its 52-week high of $88.08. Comparing the year-to-date performance of RIMM and Apple (NASDAQ: AAPL) is telling. In...













