The Magnificent Seven

With just one trading session left in the year, the U.S. market has rebounded impressively from its lackluster performance in 2022. The S&P 500 is poised to break out to a new high, boasting a gain of 24.6% for the year. Meanwhile, the S&P Equal Weight Index, which equally weights its...

The sublime performances of Nvidia (NASDAQ:NVDA) and Meta Platforms (NASDAQ:META) stood out on the S&P 500 index as the best two equity gains of 2023. The comeback of Big Tech was celebrated with a new name for the top stocks: The Magnificent Seven. These so-called Mag7 stocks are: Nvidia,...

To gain an edge, this is what you need to know today. Market Mechanics Surprise Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows a sell-off yesterday. The chart...

Winning a large lottery prize continues to be a dream of many Americans with large payouts for the Powerball and Mega Millions in 2022 leading to both lottery drawings among the most searched items on Google for the year. Here's a look at the latest Powerball jackpot and some items you can win if...

2023 has been a remarkable year for the technology sector as the "Magnificent Seven” stocks have led the charge higher. Many are taking profits from Big Tech, but investors may be moving too soon, leaving gains on the table. What To Know: Investors may be tempted to...

The gap between the “Magnificent 7” tech giants listed on NASDAQ and the rest of the S&P 500 is widening. The collective performance of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:META), Microsoft Corp...

A 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...

Equity markets have had a volatile ride in 2023, moving in tune to action from the Federal Reserve on interest rates until, in the last couple of months of the year, where investors have welcomed “risk-on” trades with open arms. The S&P 500 is within 4% of its January 2022 record...

To gain an edge, this is what you need to know today. China Credit Outlook Please click here for a chart of Xtrackers Hvst CSI 300 China A-Shs ETF (ARCA: ASHR). Note the following: The chart shows that at a time when the U.S. stock market has been rising, the Chinese stock...

I 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...

To gain an edge, this is what you need to know today. Powell Speech Ahead Please click here for a chart of iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). Note the following: The chart shows that bonds have made an aggressive move from the lows. The chart shows the upward sloping...

To gain an edge, this is what you need to know today. New Important Economic Data Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the gap up yesterday and the...

Stocks have recently retreated as Treasury yields continue to rise. To navigate this market turbulence, CNBC's Jim Cramer offers some promising insights. "We're in an unusual situation, but skyrocketing bond yields are bad news for the vast bulk of the market. The mega-cap techs are the one big...

To gain an edge, this is what you need to know today. Market Makers Hedged Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ). Note the following: The chart shows that QQQ touched the low band of the resistance zone and backed off. The chart shows that...

Due to the artificial intelligence frenzy, the magnificent seven stocks have done extremely well in 2023. The magnificent seven stocks are Apple Inc (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN), Alphabet Inc Class C (NASDAQ: GOOG), Meta Platforms Inc (NASDAQ: META), Microsoft Corp (NASDAQ:...