'There is one massive bubble waiting to burst in 2024'...
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
S&P 500 is 'nearly perfect' when these 3 indicators align - Stock Trader's Almanac
December 22, 2023 8:07 AM ESTThe Stock Traders Almanac continues to be bullish on stocks following their analysis of seasonal patterns and the 4-year Presidential Election cycle.
Analysts were one of the very few on the Street who correctly called the 2023 rally in risk assets. October's late-month turnaround aligned with historical patterns, they said, setting the stage for the Best Six Months.
With the S&P 500 up 22.4%, NASDAQ up 41.2%, DJIA at new all-time... More
Barclays is bullish on stocks but says soft landing narrative 'will face reality checks'
December 22, 2023 6:39 AM ESTAccording to Barclays strategists, the equities market is poised for a positive year in 2024, driven by the prospect of lower interest rates prompting increased cash deployment.
The team, led by Emmanuel Cau, suggests that a pause in the equity markets would be logical and healthy.
The soft landing... More
Record $1.3 trillion inflows to cash in 2023 - BofA
December 22, 2023 6:26 AM ESTAll asset classes experienced outflows in a week to Wednesday, including the largest withdrawal from stocks since December 2022, according to data from BofA citing EPFR Global data.
The breakdown of outflows includes $21.3 billion from equity funds, $2.1 billion from bonds, $26.1 billion from cash, and $300 million from gold.
"78% equity indices now trading above... More
