Explosive Nasdaq Gains in 2023 As of this writing, the Nasdaq (NDX) is up 39% year to date. This move has occurred mainly on the backs of key mega-cap names, including Microsoft (MSFT), Tesla (TSLA), Apple Inc. (AAPL), Netflix (NFLX), Nvidia (NVDA), Advanced Micro Devices (AMD), and Meta (META). Check out the chart of the … Read more
Hey traders! Monday was a key and pivotal day in the stock market for a variety of reasons. We experienced: The S&P officially closing in bear market territory New 2022 lows in the S&P, Nasdaq, & the Dow Tesla (TSLA) fell by -7.01% in the first cash session after announcing their next 3:1 split Microsoft … Read more
Well, it finally happened – the infamous Bear Market rally decided to grace us with its presence. It usually occurs when sentiment gets so bleak, the put/call ratio gets so high, and it seems nothing can save that market that it will quickly shift higher, catching bears in its trap. In the stock market, especially … Read more
The Tech industry has been hot this year, with some stocks valuation at nearly two-decade highs. For a while, it looked like this sector had been unwavering in this bullish market, but as we all know… change can happen on a dime. More recently, it seems like the market’s bullish run may be waning, so … Read more
‘Sell in May, go away’ is a term that is haunting me right now. The market has shown everyone extreme volatility lately, and the easy thing to do would be to sell and get out now. However, I think there would be major momentum moves I’d miss out on if I were to do … Read more
The stock market traded higher after positive reports of the US and China coming to the table in ongoing trade talks. Now what? Click the link above for my take. The sensitivity of the stock market to the trade war with China has been on the extreme end of the spectrum, with the slightest flicker … Read more
Highlight: “Over the course of the last seven or eight weeks or so… we’ve seen this unique situation where we have these key momentum stocks… the momentum be sucked out of those,” @traderdanielle says. “I am being a little more cautious… but I’m looking to some new areas.” pic.twitter.com/sH2cKqh20k — Yahoo Finance (@YahooFinance) September 30, … Read more
Click on the image above to learn more and watch Danielle’s segment on CNBC. This week, on CNBC’s Trading Nation, I discussed the stock market condition over the course of the last seven weeks. What I’ve seen, is that we’ve had a loss of momentum in high growth stocks, including the cloud computing and cyber … Read more
Space Exploration in Focus In this episode of “News Views Hughes,” with Anchor Scottie Nell Hughes, I discussed the implications of Richard Branson’s Virgin Galactic going public later on this year for investors in the stock market. Space exploration’s currently a billionaires playground, with Jeff Bezos, Richard Branson, and Elon Musk powering space exploration companies. … Read more