That was one for the books—a week where markets whipsawed between panic and less panicked, leaving traders dazed and scrambling to make sense of the shifting macro landscape.
The Invesco QQQ ETF entered into correction territory, dropping 10.8% from its recent peak. As such, several stocks have incurred heavy losses since the start of the year. Here is a quick look at some stocks in the fund that were hit but may recover.
Non-commercials just switched to net long e-mini S&P 500 futures after remaining net short for 14 weeks in a row. They are likely to do well on this switch – at least near term.
In this video lesson I review the day-one of a new rally attempt in the overall market, discuss my new swing trade in a cyber-security leader, and review my tier-one long-term portfolio purchases in my favorite leading stocks before the closing bell.
We'll seek to put enough pieces together to understand the economic and market environment that may be approaching. Beware, we're headed into provocative territory.
The current bull market has been extraordinary. As Bridgewater reports, “Out of any 15-year period to be invested in equities dating back to 1970, the one we’ve just lived through was the best.
The strongest sectors last week were Precious Metals (up from the bottom in the previous week) and Basic Materials, while the weakest were Energy and Banks.
The risk of something going wrong with issues such as tariff escalation or broader geopolitical conflict may limit investors’ risk appetite, said a Morgan Stanley strategist.
A Goldman Sachs analyst said he expects the new iPad and Mac products launched this week to help Apple achieve its fiscal second-quarter outlook of low- to mid-single-digit growth.
