Danger Zone Ahead… Plus Big Moves in Store for These Stocks
The major indexes were flat Tuesday morning as the market looked to shrug off the impact of higher oil prices. As I mentioned in Monday’s stock market outlook video, OPEC+ cut oil production by 1.16 million barrels per day, causing prices to spike. The market has...
A Huge Warning Signal Is Flashing for Tech and Energy
The S&P 500 and Nasdaq opened lower to start the second quarter of 2023 as OPEC+ cut oil production by 1.16 million barrels per day, causing prices to spike. Rising oil prices added pressure to an economy already struggling with rate hikes and trouble in the...
Why Tech Is Making Me Nervous
The major indexes are up as stocks wrap up a first quarter that saw a crisis among the Financials sector following the collapse of Silicon Valley Bank and continued rate hikes from the Federal Reserve. While it was a volatile three months, the S&P 500 and Nasdaq...
My Top ETF and Option Pick as Market Digests Latest GDP, Jobless Data
The major indexes rose Thursday morning as sentiment remains optimistic. Investors appear to believe the worst of the financial crisis is behind us, and volatility levels are starting to fall. The market is digesting the latest gross domestic product data, which came...
This Sector Is on FIRE, Plus 2 Stocks I’m Watching Now
The major indexes climbed higher Wednesday morning as investors bank on the worst of the financial crisis being behind us. Big names like Citigroup Inc. (NYSE: C) and The Goldman Sachs Group Inc. (NYSE: GS) rose, as well as regional banks, causing the SPDR S&P...GET IN TOUCH
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