Many of the China tech firms have fallen back to valuation territory. Invest safe if you can stomach the political risk! $Alibaba(BABA)$$Tencent(00700)$
Getting a little frothy here although we did see some pullback on growth stocks
S&P 500 winning streak extends to sixth straight record close
NEW YORK - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac
While other manufacturers are only starting out. Building such proprietary tech in battery tech, charging networks as well as car software needs billions of dollars in r&d and time while $Tesla Motors(TSLA)$has already established it. After a period of consolidation, I feel it’s ready for another bull run especially with positive US green policies talk
Tesla Stall Shows Wall Street Rift on Stratospheric Stock Value
One analyst sees it rising to $1,200, another tumbling to $150. Competitive threats build after meteoric 2020 stock surge. Few companies have been as polarizing on Wall Street as Tesla Inc.-- and the lackluster run this year has done nothing to lessen it.To Piper Sandler & Co.’s Alexander Potter, the company’s potential dominance of the electric-car business warrants a $1,200 stock-price target, nearly double its $680.76 close on Tuesday. To Craig Irwin of Roth Capital Partners, as rivals move t
This is adding on to the Michael burry story of howthe mother of all crash is coming. However, the Fed has time and again said that there will not be anyrates hike this year. Coupled with the continuing easy money policy, there is plenty of optimism for theequities market! $ProShares UltraPro QQQ(TQQQ)$$Trade Desk Inc.(TTD)$$Upstart Holdings, Inc.(UPST)$
Nomura Warns Of Market "Reversal Risk" As FedSpeak Walks Back 'Bullard Bomb'
After last week’s market fireworks on the Fed's "hawkish surprise" and Jim Bullard's "you think that's hawkish, hold my beer" moment on Friday morning, which has many market participants screaming “policy error", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead......which is notable in that bothTreasury Yields and Equities are already s
While value stocks had a languid week. This was a pretty good week for growth / tech and smaller cap stocks
S&P ekes out gains to close languid week
NEW YORK, June 11 - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th