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Will The Conclusion Of Fed Rate Hikes Trigger S&P 500's Double-Digit Growth? Here Is What This Analyst Says
Thursday, November 23, 2023 - 10:39pm | 473Analysts are foreseeing the wind-up of the Federal Reserve’s rate hikes, an event that could potentially result in a substantial increase in the S&P 500 within the next year. A recent report from Business Insider points out that historical data indicates that the wrap-up of...
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A False Recession Signal Is Here: Analyst Torches Theory Around Industrial Stocks
Tuesday, September 26, 2023 - 4:24pm | 436Industrial stocks are getting a lot of attention from investors as a potential recession sign. The theory is pretty simple; if construction companies like Caterpillar Inc (NYSE: CAT) and Honeywell Inc (NASDAQ: HON) are struggling, it could indicate weakness in the overall economy as demand for...
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Why The IPO Window For Fintech Is 'Essentially Closed' In 2022
Wednesday, November 23, 2022 - 12:41pm | 492Rising interest rates have crushed high-growth tech stock valuations in 2022, and most of the high-profile fintech IPOs of recent years are now trading well off their post-IPO highs. On Wednesday, DataTrek Research co-founder Jessica Rabe said fintech startups are now relying heavily on private...
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Russian Invasion Creates 'Upward Pressure On Inflation,' Powell Says
Thursday, March 3, 2022 - 4:31pm | 499The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher on Thursday after Federal Reserve Chair Jerome Powell testified in front of Congress for the second straight day. Powell told the U.S. Senate Committee on Banking, Housing and Urban Affairs that Russia's invasion of Ukraine will...
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ARK Innovation ETF Hits 1-Year Anniversary Of All-Time Highs: How Closely Is ARKK Tracking The Nasdaq's Dot-Com Bubble Burst?
Wednesday, February 16, 2022 - 12:50pm | 423This week marks the one-year anniversary of Cathie Wood's ARK Innovation ETF (NYSE: ARKK) hitting its all-time high of $159.70 in February 2021. Since that peak, the ARKK fund's performance has been abysmal as investors have rotated out of unprofitable, high-growth tech stocks. With ARKK...
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IBM Artificial Intelligence Supercomputer Watson Has 8 Stock Picks For 2022
Wednesday, December 29, 2021 - 12:23pm | 718It’s the time of year that investors consider which stocks to buy and sell to build their portfolio for the next 12 months. Inflation, supply chain disruptions and the ongoing COVID-19 pandemic are setting up 2022 to be an unpredictable year. One unique approach to the market for the coming...
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3 Reasons Cannabis Stocks May Be Headed Lower
Friday, February 19, 2021 - 5:20pm | 681The ETFMG Alternative Harvest ETF (NYSE: MJ) rebounded by 3.1% on Friday to around $25, but the find is still way off its February high of near $35. On Friday, DataTrek Research co-founder Jessica Rabe discussed what drove the early 2021 cannabis stock rally and three reasons why it has run out of...
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3 Takeaways From The SpaceX Starlink Beta Test
Saturday, November 14, 2020 - 1:23pm | 391In the past couple of weeks, SpaceX has begun sending out invitations for users to beta test its Starlink low-earth orbit (LEO) internet service. On Thursday, DataTrek Research co-founder Jessica Rabe outlined three major takeaways from the Starlink beta test. The primary goal of the Starlink...
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3 Reasons Marijuana Stocks Are Soaring
Friday, November 6, 2020 - 4:10pm | 537Cannabis stocks have been red-hot following Tuesday’s election. The skyrocketing marijuana group has been led by Aurora Cannabis Inc. (NYSE: ACB), which is up 135% in the past two days alone. Voters in New Jersey, Arizona, South Dakota and Montana legalized recreational marijuana use on...
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Do Millennials Care About The Stock Market?
Friday, October 16, 2020 - 4:45pm | 688Millennials have flooded into the stock market in droves in 2020, with popular trading apps such as Robinhood and WeBull reporting huge spikes in younger users. But despite a new generation of investors entering the market for the first time this year, the latest data from Goldman Sachs suggests...
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Cannabis On The Ballot: Everything Investors Should Know Ahead Of Election Day
Friday, October 2, 2020 - 8:00am | 433In addition to the U.S. presidential election, the cannabis legalization movement has a lot riding on the November election. It’s been another difficult year for marijuana investors, with the ETFMG Alternative Harvest ETF (NYSE: MJ) down 39.5% in 2020. However, the election could be a major...
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2 Reasons Millennials Are Pouring Into The Stock Market For The First Time
Friday, August 28, 2020 - 4:42pm | 592One of the biggest stories on Wall Street in 2020 has been the surge of first-time traders using apps like Robinhood, many of which are millennials under the age of 40. It may seem strange to see an entire generation of investors all suddenly taking interest in stocks all at once, but DataTrek...
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Why Cannabis Is An Afterthought In The Biden-Trump Election
Tuesday, August 25, 2020 - 3:25pm | 552The S&P 500 has rallied hard off the index's March lows and is back at new all-time highs. Unfortunately for cannabis investors, cannabis stocks like Canopy Growth Corp (NYSE: CGC), Cronos Group Inc (NASDAQ: CRON) and Aurora Cannabis Inc (NYSE: ACB) are still down sharply in 2020. No Pre-...
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US Election Could Renew Push For Federal Cannabis Legalization
Wednesday, August 12, 2020 - 4:28pm | 569It’s been another tough year for cannabis investors in 2020. The ETF MANAGERS TR/TIERRA XP LATIN AME (NYSE: MJ) is down 25.6% year-to-date, but the November US elections could have a huge impact on where cannabis stocks are headed in 2021 and beyond. COVID-19 Disruption: On Wednesday,...
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How Cameo, Facebook And Peloton Are Embracing Coronavirus Disruption
Tuesday, June 2, 2020 - 1:01pm | 703For most companies, the 2020 COVID-19 economic shutdown has been nothing short of disastrous for business. But for a handful of disruptive tech companies, the shutdown has provided an unprecedented opportunity to shine. In DataTrek Research’s Tuesday newsletter, co-founder Jessica Rabe...