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Why Buy Stocks In A Presidential Election Year? History Has A Crazy Stat For You
Thursday, December 28, 2023 - 3:16pm | 1104While there will be many storylines for investors throughout the upcoming year, one of the largest will likely be the 2024 presidential election. Here's what history shows about investing in presidential election years. What Happened: President Joe Biden recently highlighted the all-time highs for...
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2024 Predictions For Apple, Tesla, 'Magnificent 7' And Musk From Analyst Dan Ives: It's AI's '1995 Moment'
Tuesday, December 19, 2023 - 5:55pm | 1324A leading technology stock analyst is out with 10 predictions about the sector heading into 2024, including some of the most valuable companies worldwide hitting some new market capitalization milestones. Here's a look at the predictions and what investors need to know from Wedbush analyst Daniel...
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Tech Stocks Set New All-Time High, Small Caps On Fire As Wall Street Bulls Run Wild: What's Driving Markets Tuesday?
Tuesday, December 19, 2023 - 2:55pm | 1312Tuesday, December 19, 2023, stands now as a remarkable day in Wall Street’s history, as the technology stocks of the Nasdaq 100 mark a significant milestone, surging to new highs after a hiatus of 758 days since their previous peak. The tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust...
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Extreme Breadth Readings Say Short-Term Bearish, Long-Term Bullish For S&P 500 And Nasdaq 100
Tuesday, December 19, 2023 - 10:49am | 1196By late October 2023, the market conditions were dire indeed. The S&P 500 had broken below its 200-day moving average for the first time since March. Only 10% of S&P 500 members remained above their 50-day moving average, meaning a full 90% were below this key short-term barometer...
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Pullback Imminent For Nasdaq 100: Outlining Four Potential Scenarios For The QQQ
Monday, December 4, 2023 - 1:05pm | 1368I think last Friday’s session was telling in that the S&P 500 finished the week up about 1% while the Nasdaq 100 was nearly flat. The top two sectors on Friday’s session were Real Estate and Industrials. The bottom two sectors? None other than the two top-performing...
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Nvidia, Microsoft Reach All-Time Highs, Push Nasdaq 100 Near 2021 Peak - Caution Indicator Flashes
Monday, November 20, 2023 - 6:09pm | 605U.S. mega tech stocks ended another remarkable session on Monday, with NVIDIA Corp. (NASDAQ:NVDA) and Microsoft Corp. (NASDAQ:MSFT) closing at record highs. The NASDAQ 100 Index, as reflected by the Invesco QQQ Trust (NASDAQ:QQQ), climbed 1.2%, nearing its November 2021 peak. Chart: Nvidia And...
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Is The Fall Dip Over For Tech?
Wednesday, October 4, 2023 - 10:00am | 328September was rough for many investors, as typically for the Nasdaq and the S&P 500 (ARCA: SPY). The S&P and Nasdaq 100 were down about 5 percent in September. Now that the historically red month is over, we decided to look at the daily chart of the Nasdaq futures to look at the...
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Nasdaq In Red Zone As Bearish Engulfing Pattern Hints At Further Downside
Thursday, August 24, 2023 - 5:19pm | 537The Nasdaq 100 had a tough session on Thursday, marking its worst performance since the month began, mirroring the drop seen on Aug. 2, with a significant 2.2% decline. Today’s price action completely reversed the gains experienced in the previous session, when the Nasdaq was up by 1.6%. Even...
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If You Invested $1,000 In SPY And QQQ When Michael Burry Went Big Short In 2020, Here's How Much You'd Have Today
Tuesday, August 22, 2023 - 3:08pm | 743Investor and hedge fund manager Michael Burry is known for his calls on the stock markets over the years. A recent quarterly filing from Burry showed he placed a significantly bearish bet on the U.S. stock market. Here’s a look at some recent history of Burry’s bearish calls and...
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Is NVIDIA Overpriced? Cathie Wood's Ark Invest Highlights 3 Other AI Stocks
Monday, August 21, 2023 - 1:20pm | 1389Over the last year, the conversation among investors and analysts has prominently centered on artificial intelligence. The topic of artificial intelligence is among the "Big Ideas" from Cathie Wood-led Ark Invest, but the ETF company says the days of Nvidia Corporation's (NASDAQ: NVDA...
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Growth Stocks Begin Down A Slippery Slope As Apple's Earnings Miss May Be Just The Beginning
Tuesday, August 8, 2023 - 10:52am | 1693As I returned from vacation recently and began to dig through the charts to prepare for the week, I immediately focused on last Thursday with both Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) reporting earnings. Would this provide the upside catalyst needed for the mega cap growth stocks to...
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EXCLUSIVE: Top 10 Most-Searched Tickers On Benzinga Pro In July - See Where Tesla, Carvana, Rivian, Nikola And More Rank
Friday, August 4, 2023 - 2:52pm | 1249Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro during July 2023. Year-to-date and 52-week ranges are based on...
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Nasdaq 100 Records 5-Month Winning Streak: Historical Patterns Predict The Next Moves
Tuesday, August 1, 2023 - 9:27am | 688The Nasdaq 100 Index, represented by the Invesco QQQ Trust (NASDAQ:QQQ), has closed its fifth consecutive month in the green, bringing the year-to-date performance to 42%. The current streak of five consecutive months of gains is a remarkable occurrence that has only been witnessed six times in the...
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August Is A Flat Month For Most Stocks, Yet Technology Tends To Perform Well
Friday, July 28, 2023 - 9:36am | 544Over the last 20 years, August has been a mediocre month in terms of stock market performance. Over that time frame, the S&P 500 has experienced upward movement in 13 of those 20 years, accounting for a 65% success rate. On average, the S&P 500 only rallied 0.3% in August. Compare...
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Ark Funds On Nasdaq Rebalancing, Can Smaller Tech Stocks Have Their Spotlight? Plus: A Look At Top 10 Holdings And Weightings
Tuesday, July 25, 2023 - 12:44pm | 969The Nasdaq 100 Index went through a special rebalancing recently due to several holdings seeing their weightings soar in 2023 alongside jumps in share prices. A portfolio manager from Ark Funds breaks down what the rebalancing could mean. What Happened: The Nasdaq 100 Index, which is tracked by the...