In this episode of Bulls vs Bears, JT & Mark discuss the usual market insights, stock analysis, and investment strategies. They delve into the dynamics of the mining sector, the impact of geopolitical events on oil prices, and the current state of tech stocks, particularly Tesla.
In this episode of Bulls vs Bears, JT & Mark discuss the usual market insights, stock analysis, and investment strategies. They delve into the dynamics of the mining sector, the impact of geopolitical events on oil prices, and the current state of tech stocks, particularly Tesla.
The “Magnificent 7” tech giants have recently reported their earnings for the latest quarter, with 6 out of the Magnificent 7 beating analysts expectations, showcasing strong performance across the board. However, NOT ONE of them was up on the day and only Apple was up for the month…. Barely.
So is the price action giving us signs that the AI rally is finally running out of steam? We think so
Stocks closed higher for the sixth straight session Thursday, as fears of an economic slowdown were dispelled following stronger-than-expected labor market and retail sales data.
Stocks drifted higher driven by encouraging data showing a continued slowdown in inflation. This has raised expectations that the Federal Reserve might soon begin cutting interest rates, potentially as early as next month.
Stocks surged overnight as fresh evidence of easing inflation bolstered expectations for a Federal Reserve rate cut as early as next month, causing Treasury yields to drop.
Investors took a welcome breather to start the week as key inflation data is due over the next few days
Both bearish and bullish Investors were battered and bruised this week as the recovery in stocks continued following a major selloff earlier this week when concerns about an incoming recession took center stage and a recovery in the latter half of the week left us largely unchanged
Investors breathed a sigh of relief as better-than-feared labor market data cooled worries that a recession may be on the horizon.
Investors enthusiasm to “buy the dip” faded within one session as equites turned lower mid-session in the US on a slump in Super Micro Computer pressured chips stocks, weighing on the broader market.
Global equites stabilized overnight as dip buyers piled into beaten down tech stocks following a rout a day earlier, though gains were limited amid lingers concerns about an economic slowdown.
In one of the scariest sessions I’ve seen since the GFC, global equities imploded overnight, led by a 13.5% fall in Japan’s Nikkei, the largest fall since the Black Monday crash back in 1987
