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These AI Stocks Have Fallen: Time To Buy Nvidia, Super Micro Computer, Broadcom?

These AI Stocks Have Fallen: Time To Buy Nvidia, Super Micro Computer, Broadcom?

Image: ShutterstockLarge-cap technology stocks, particularly those associated with the AI trade, have faced considerable pressure over the last week or so, perhaps raising the eyebrows of many investors.More specifically, beloved Nvidia (NVDA – Free Report), Super Micro Computer (SMCI – Free Report), and Broadcom (AVGO – Free Report) have all seen their shares dive, as we can see illustrated in the […]
Week In Review: Fosun Pharma Plans $690 Million Deal To Privatize Henlius, Its Biologics Subsidiary

Week In Review: Fosun Pharma Plans $690 Million Deal To Privatize Henlius, Its Biologics Subsidiary

Image Source: Unsplash Deals and Financings Shanghai Henlius Biotech, the biologics arm of Fosun Pharma, agreed to be a wholly owned subsidiary of Fosun in a $690 million deal that values the company at $1.7 billion. Meanwhile, Suzhou Ascentage Pharma (ASPHF) filed to list in the US to support its portfolio of drugs that restore natural […]
SPYG: Target This ETF As Investors Ponder Inflation, Growth Outlook

SPYG: Target This ETF As Investors Ponder Inflation, Growth Outlook

Image Source: PixabayUS stocks took a bit of a breather earlier this week as traders evaluated opportunities after an approximate first half gain of 15% in the S&P 500. New inflation numbers were also containing activity. For domestic stock funds, I have one new “Buy” this week: The SPDR Portfolio S&P 500 Growth ETF (SPYG), explains Brian Kelly, editor of Money […]
Bitcoin Drops To $61,000 Amid Massive Market Decline

Bitcoin Drops To $61,000 Amid Massive Market Decline

Image Source: Pixabay This Week’s Summary The crypto market looks set to end the week at a total market capitalization of $2,27 trillion. Bitcoin moved down by over 4% to trade at around $61,400. Ethereum decreased by almost 3% to trade at around $3,300. XRP moved down by 3%, Cardano by 1%, and Dogecoin by 2%. Almost all altcoins […]
Wall Street’s Top 10 Stock Calls This Week – Sunday, June 30

Wall Street’s Top 10 Stock Calls This Week – Sunday, June 30

Image Source: PexelsWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of June 24-28, 2024. First, here are the top 5 buy calls of the week. 1. Apple Upgraded at Rosenblatt after Survey […]
Masters In Trading – Sunday, June 30

Masters In Trading – Sunday, June 30

Image Source: PixabayIn this recap of the most recent trading session, I take a look at options and discuss the various trades taken throughout the past week.00:16:15More By This Author:Masters In Trading – Saturday, June 22Masters In Trading – Saturday, June 15Masters In Trading – Saturday, June 8
Week Of June 30: What’s In Store For The Markets

Week Of June 30: What’s In Store For The Markets

“I measure what’s going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.” – Martin ZweigMarket Commentary                      New index highs, with narrow participation: The second quarter ended with the S&P […]
WTI Crude Oil Monthly Forecast: July 2024

WTI Crude Oil Monthly Forecast: July 2024

The West Texas Intermediate Crude Oil market has been rather bullish during most of the month of June, and now it looks as if we are in the midst of testing a major resistance barrier.   depositphotos  When I zoom out on the weekly chart, I can make an argument for a somewhat symmetrical triangle, […]
The Soft Landing Lives, For Now

The Soft Landing Lives, For Now

It’s been a while since I ran through my favorite charts for the global economy. I am happy to report that nothing much seems to have changed since my last overview. Markets are still enjoying a soft landing, defined as a world in which inflation is drifting lower, even if still-sticky in key areas, the […]
Nasdaq 100 Monthly Forecast: July 2024

Nasdaq 100 Monthly Forecast: July 2024

Nasdaq 100 traders have been all over the place during the last couple weeks, but the overall attitude has been very bullish. I think that probably continues to be the same overall situation, and I do think that is probably only a matter of time before the Nasdaq 100 probably goes toward the 20000 level. […]