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...
My Top Sector and Stock as Investors Await Latest GDP, Consumer Data
The major indexes slipped lower Tuesday morning as banking crisis concerns ease while investors turn their attention back to inflation and rising interest rates. Bond yields rose, with the 2-year U.S. Treasury note rate topping 4% and causing investors to once again...
These Sectors Look Prime to Take Off as Momentum Builds
The major indexes climbed higher to start the week as financial stocks rebounded. First Republic Bank (NYSE: FRC) surged more than 23% during premarket trading while PacWest Bancorp (Nasdaq: PACW) also gained more than 10%. These moves caused the SPDR S&P...GET IN TOUCH
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