Category Archive: Finance
Is Shorting NVDA A Smart Trade In Current Market Conditions?
Image courtesy of 123rf.com The meteoric rise of Nvidia (Nasdaq: NVDA) has been spectacular, with the chip giant delivering an astounding 172% return year-to-date, dwarfing the S&P 500’s 24% gain. With a market capitalization now hovering around $3.3 trillion and a price-to-earnings ratio of 53, many investors wonder if this tech darling has risen too fast. But […]
Stocks And Rates Rise As The Yield Curve Continues To Steepen
The S&P 500 rallied by about 75 basis points today, but it remains a market with weak breadth. Breadth was notably weak in the morning, though it improved slightly as the day progressed. According to data from the Bloomberg 500 Index, Nvidia was the leading stock, contributing 34% of the day’s gains, while Broadcom added […]
Are You Ready To Trade Biotech Stocks At The Cusp Of A Bear Market?
Image Source: Unsplash Trading Biotech Stocks – Is There Any Momentum Left? The healthcare sector (XLV) is trading at 2024 lows, down 11% over 3 months while many SMID biotech stocks peaked in early November. Many SMID biotech stocks in our momentum driven “Trading List “have done well but the XBI is down over 8% in […]
Shifting Equity Sensitivities With S&P 500 Sectors
Broad-based benchmarks such as the S&P 500® and S&P SmallCap 600® demonstrated an upbeat response to the U.S. presidential election, rising 6% and 11%, respectively, in November 2024. The spread in U.S. size segments was more muted relative to S&P 500 sectors. Exhibit 1 presents the November 2024 cumulative total return of the S&P 500 versus different U.S. equity […]
Tech Helps Stocks Start Christmas Week Strong
Stocks finished strong today, with the Dow coming off a triple-digit loss at its session lows to add 66 points by the close. The S&P 500 and Nasdaq both logged solid gains, the latter getting a bump from tech titan Nvidia (NVDA). Wall Street shrugged off two lackluster data sets today; consumer sentiment fell in December below […]
Broadcom Rises Again In Torrid December That Sees Stock Rise 42%
Image Source: Unsplash Broadcom (Nasdaq: AVGO) has been on an incredible run to close out the year, rising about 42% in December alone.The stock got another jolt on Monday, increasing about 6% after a major Wall Street analyst gave the AI chipmaker a sizable price target upgrade.With the December surge, Broadcom stock is up about 107% year-to-date, […]
Debt Ceiling Dance
Image Source: Pixabay Gold and silver are among the best-performing asset classes over the past two and a half decades. The unstoppable growth in government borrowing and spending is one of the pillars underpinning demand for metals.Elon Musk and the so-called Department of Government Efficiency (DOGE) have certainly put a spotlight on cutting government, reducing waste, […]
Super Bullish Sentiment
“The price extreme is the definition of the extreme of despair, which is in turn, by definition the moment when hope comes to prevail; hope feeds and is fed by rising prices until the peak of price and euphoria leave prices with only one way to go, which is down. This circular process underlies every […]
The Highest Earners Have Amassed A Growing Share Of Total Wages Key Findings Wage compression has been striking over the pandemic business cycle
Image Source: Unsplash Congress continues to trash Social Security without adding the “very” necessary requirement of greater inputs to support what was already there and now adding a new funding requirement. Democrats have passed on providing a solution to Social Security shortfall which appears to be increasing with new withdrawals. Not that one always has to […]
