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Could Jeff Bezos Return As Amazon CEO And Rescue Falling Shares? Here's What One Expert Thinks
Thursday, January 5, 2023 - 2:38pm | 884After spending over 25 years leading the e-commerce company he founded, Jeff Bezos stepped down as the CEO of Amazon.com, Inc. (NASDAQ: AMZN) in 2021. With Amazon shares struggling, could Bezos make a triumphant return in 2023? What Happened: Ritholtz Wealth Management Managing Partner Michael...
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Missed Out On AMC, GameStop And Dogecoin In 2021? Here's Why That's OK
Monday, December 27, 2021 - 11:31am | 953Meme stocks were one of the biggest trends on Wall Street in 2021. Plenty of traders made a killing trading stocks like AMC Entertainment Holdings Inc (NYSE: AMC) and GameStop Corp. (NYSE: GME) and meme cryptocurrencies like Dogecoin (CRYPTO: DOGE). AMC shares are on track to finish 2021 up more...
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How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?
Saturday, June 5, 2021 - 8:23am | 579AMC Entertainment Holdings Inc (NYSE: AMC) held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session. Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in GameStop...
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AMC Entertainment Announces Another Stock Offering, Warns Investors They Could Lose 'All Or A Substantial Portion' Of Their Money
Thursday, June 3, 2021 - 9:48am | 559AMC Entertainment Holdings Inc (NYSE: AMC) stock gave up big premarket gains and was plunging Thursday after the company announced a new stock offering and warned its investors about the risks involved in owning shares. What Happened: For the second time in three days, AMC announced a stock...
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Dow, S&P 500 Enter Correction Territory As Coronavirus Fears Continue
Thursday, February 27, 2020 - 3:00pm | 877A week after the S&P 500 and Dow Jones Industrial Average hit new all-time highs, the indexes plummeted another 4% and into correction territory after Goldman Sachs cut its 2020 S&P 500 earnings growth to 0%, well below consensus estimates of 7% growth. A market correction is defined as a...
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The Longest Bull Run In History? Not Everybody Agrees
Wednesday, August 22, 2018 - 11:08am | 693The bull market rally after the 2008 financial crisis has unquestionably been one of the longest and most powerful stock market rallies in history. But just how long and how powerful the bull market has been is somewhat open to interpretation. What's A Bull Market? The traditional...
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When Reverse Is The Way Forward
Friday, July 20, 2018 - 8:43am | 650One of the most popular images making the rounds on Financial Twitter this week comes courtesy of Ritholtz Wealth Management Director of Research Michael Batnick. The long and short of it is, as of July 18, the top five companies in the S&P 500 had a combined market value of $4.095 trillion....
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Riskalyze CEO Aaron Klein Talks The Future Of Financial Advising
Tuesday, May 15, 2018 - 6:25pm | 364Michael Batnick of Ritholz Wealth Management and Aaron Klein of Riskalyze met on stage Tuesday at the 2018 Benzinga Global Fintech Awards to discuss the future of financial advising. Here are some key takeaways from the session: Riskalyze has become successful by creating more of a "...
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Traders See Signs Of Rotation Into Financials Amid Nasdaq's Worst Day In Months
Wednesday, November 29, 2017 - 1:46pm | 878High-flying tech stocks were hammered Wednesday, sending the Technology Select Sector SPDR Fund (NYSE: XLK) down more than 2.5 percent and the Nasdaq down 1.4 percent, its worst day of trading since August 17. Despite the bloodbath in the tech sector, the Dow Jones Industrial Average was trading...
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It's Been 29 Days Since The S&P 500 Moved 1%
Monday, August 22, 2016 - 3:12pm | 285The S&P 500 index was trading lower by just 0.12 percent Monday afternoon. Should the market stay relatively calm and quiet, the index will end the trading session within 1 percent of where it started in the morning for the thirtieth straight day. According to The Irrelevant Investor, the lack...
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The S&P 500's New All-Time High Just Doesn't Feel Right, And That's OK
Tuesday, July 12, 2016 - 11:04am | 375Investors are cheering the S&P 500’s first new all-time high in more than a year this week, but The Irrelevant Investor’s Michael Batnick is having a difficult time celebrating the occasion. According to Batnick, the recent market moves have made him very uncomfortable. “It...
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Emotional Intelligence, Not IQ, Is Most Important For Investors
Thursday, June 2, 2016 - 12:42pm | 289The majority of us aren't geniuses. Luckily, The Irrelevant Investor’s Michael Batnick says emotional intelligence is far more important when it comes to investing than IQ. “Too many people invest as if their success in one area of life will translate to market beating returns,...
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Michael Batnick: Was That Just A Bear Market?
Monday, May 23, 2016 - 3:39pm | 317One of the hottest debates on Wall Street since the S&P 500 started out 2016 with a historic sell-off is whether or not we are on the cusp of a bear market. According to Ritholtz Wealth Management’s Michael Batnick, the bear market may have already come and gone. A bear market is...