Santa Rally brings together a series of US-listed companies that are likely to benefit during the holiday shopping season, ranging from traditional retail giants to emerging e-commerce platforms, and from home improvement chains to payment service providers. This sector comprehensively reflects the diversified needs and consumption patterns of modern consumers during the holiday period. These companies typically experience sales peaks during the Christmas season and are therefore viewed as Christmas concept stocks.
The Dow has finally slipped below 43,000, and this time, there isn’t a clear support level to lean on. With no immediate technical floor visible, the best approach is to wait for stabilization before making any decisive moves. Until then, the risk of further downside remains.
Nasdaq: Increased Volatility, but 18,000 Holds
The Nasdaq’s price swings have become more pronounced, refle...
COST is expected to show an increase of 8% in its quarterly revenue from $58.44 billion same period last year to $63.134 billion. Majority is on Total Revenue basis which includes Membership Fees
The consensus estimate for earnings per share for COST is expected to come in at $4.09 per share which represent an inc...
At one point, tech heavy Nasdaq had dropped more than 2% at its lowest and was near the correction territory, which is defined as the price falling a 10% from a recent high. Wouldn’t be surprised if we close in that area soon.
And with the latest sell off, the S&P500 has lost all of its post-election gains.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Alphabet-A (GOOGL.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Palantir (PLTR.US)$ $Super Micro Computer (SMCI.US)$ $MARA Holdings (MARA.US)$ $CrowdStrike (CRWD.US)$ $Arm Holdings (ARM.US)$
$Intel (INTC.US)$ is considered the only hope for the US to manufacture the most advanced semiconductors within its borders.
Intel has said it signed deals with $Microsoft (MSFT.US)$ and $Amazon (AMZN.US)$ to produce chips on 18A.
Earlier this year, administration offic...
The $Dow Jones Industrial Average (.DJI.US)$ led the way lower, shedding 670.25 points (1.6%) to a 42,520.99 close after trailing by as much as 2.1% earlier in the day. The $S&P 500 Index (.SPX.US)$ likewise ...
No comment yet