Despite a recent pullback, the$S&P 500 Index(.SPX.US)$, propelled by tech stocks, has risen over 15% so far this year. However, the stock market is flashing warning signs that the tech stock frenzy is about to end, according to one of Wall Street's most bearish analysts. Albert Edwards, the chief global strategist for Societe Generale, issued another warning about the blistering 2024 stock rally in a note on Thursday...
The small cap-focused$Russell 2000 Index(.RUT.US)$added 1.7% in the session. This built on last week’s gain, which was seen as a sign of traders moving money to this cohort from Big Tech names that have seen monster gains this year. The shift to small caps also comes as investors grow increasingly excited that the Federal Reserve will soon begin lowering interest rates, a move seen as particularly helpful for smaller and more cyclically oriented companies. Larry Tentarelli, chief technical stra...
Last night, the three major U.S. stock indexes fell. With the expectation of interest rate cuts, U.S. stocks once soared, and it is normal to fall. The Russell 2000 index fell 1.9%, retreating from the rebound earlier this week. Due to the impact of TSMC's performance exceeding expectations, U.S. chip stocks rebounded slightly last night, and Nvidia rose more than 2%. The United States announced the number of first-time unemployment claims on Thursday, the largest increase since early May, show...
The S&P 500 and Nasdaq Composite are down 1.26% and 2.87%, respectively, heading into Friday. On the other hand, the Dow is up 1.66% and the small cap Russell 2000 is up 2.33%. That divergence has been encouraging to some Wall Street pros who had worried that the market rally was becoming too dependent on a handful of massive tech stocks. “The internals of the market are very healthy,” Evercore ISI strategist J...
If July 11 marked the end of the U.S. stock market AI bubble, what's next? The tech bubble burst in 2000 showed similar volatility: tech stocks underwent massive rotations before the market-wide crash ensued. UBS believes small-cap stocks currently lack strong fundamental support. Future economic stability and cooling inflation are crucial for the performance of small caps. The rotation towards small caps might continue, bu...
The Learner :
May be we have some more time to play around as the article also says the below: And yet, he has no doubt that the reckoning is coming. It might not be this year or even next year, for that matter, but at some point, he says, it’s happening.
Pollster :
So why doesn’t Goldman sell its tech holdings , didn’t they predict bitcoin is going to 100k in 2022 , it’s obvious that they have a lot of cash on the sidelines sitting in bonds , so now are releasing these reports anticipating higher prices when they buy and they don’t want egg on their face , when they settled for 5 % returns losing out on 100 % returns . Add to that Nvidia has revenue visibility today not some distant future . The truth is qualified institutions hate underperforming retail
$Nasdaq Composite Index(.IXIC.US)$plunged 2.8%, its worst performance in a year and a half, while$Dow Jones Industrial Average(.DJI.US)$hit a new high.$Russell 2000 Index(.RUT.US)$fell over 1%, marking its first drop in six days. Notably, this was the first time since 2001 that the Nasdaq dropped over 2.5% while the Dow gained, indicating ongoing capital rotation. Chip stocks plummeted, with the Philadelphia Semiconductor Index diving nearly 7%, marking the biggest drop for the most popula...
E-mini Russell 2000 Index SEP4 Forum
Albert Edwards, the chief global strategist for Societe Generale, issued another warning about the blistering 2024 stock rally in a note on Thursday...
The shift to small caps also comes as investors grow increasingly excited that the Federal Reserve will soon begin lowering interest rates, a move seen as particularly helpful for smaller and more cyclically oriented companies.
Larry Tentarelli, chief technical stra...
The United States announced the number of first-time unemployment claims on Thursday, the largest increase since early May, show...
$S&P 500 Index(.SPX.US)$ is down 1.26% week to date, on pace for its worst week since April.
$Dow Jones Industrial Average(.DJI.US)$ is up 1.66% week to date, on pace for its third positive week in a row.
$Nasdaq Composite Index(.IXIC.US)$ is down 2.87% week to date, on pace to break a six-week winning streak.
$Russell 2000 Index(.RUT.US)$ is up 2.33% week to date, on pace for its fourth po...
$S&P 500 Index(.SPX.US)$ $CBOE Volatility S&P 500 Index(.VIX.US)$ $Russell 2000 Index(.RUT.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$
That divergence has been encouraging to some Wall Street pros who had worried that the market rally was becoming too dependent on a handful of massive tech stocks.
“The internals of the market are very healthy,” Evercore ISI strategist J...
UBS believes small-cap stocks currently lack strong fundamental support. Future economic stability and cooling inflation are crucial for the performance of small caps. The rotation towards small caps might continue, bu...
The Russell 2000 index of small-cap stocks $Russell 2000 Index(.RUT.US)$dropped nearly 2%, continuing its decline for the second consecutive day after bei...
Chip stocks plummeted, with the Philadelphia Semiconductor Index diving nearly 7%, marking the biggest drop for the most popula...
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