|Day's range||11.31 - 11.37|
The stock market is being fueled higher by the artificial intelligence craze. What are the best stocks to buy now in an uncertain market?
In an interview this week Paul Jones went over his broad view of the markets, covering the Fed, banking crisis, Equities, Bitcoin, and interest rates
As a financial stock, you won't find this stock in the Nasdaq 100, but it has better returns than the index.
History has shown us that bull markets last longer and outperform bear markets over time, and that the S&P 500 has generated about a 10% annual total return over the long haul, so keep that in mind as you build your nest egg. Starting early, without question, is the most important factor in supercharging your retirement savings. The more time you are invested in the market, the more time you have for your investments to compound, or gain earnings on top of earnings.
Seasonal adjustments now show we've been above 200K new claims for the past eight weeks.
The tech sector's current boom feels like 2021, but there's a ton of differences between then and now.
Year over year GDP for 2022 comes in at +3.9%, 200 bps lower than the very strong 2021, which provided the Great Reopening from the Covid pandemic.
A bank crisis has pressured financial markets and made it hard for investors to know where to turn for signs of stability or worry. A few key readings on volatility, the bond market, and the currency market offer some guidance.
The current environment in the banking industry has left a lot of investors concerned and confused. Bank stocks generally do well when interest rates are rising, particularly when the economy is not in a recession. In recent weeks, three banks -- SVB Financial's Silicon Valley Bank, Signature Bank, and Silvergate Capital -- have failed or collapsed.
The market may have some answers post-Fed decision, but things are still on edge.
Year-over-year CPI, or the "inflation Rate," came in at +6.0%, just as expected, and 40 bps lower than January.
Wall Street is looking for signs of a labor market slowdown ahead of a potential recession.
Initial Jobless Claims raced ahead to 211K last week from an unrevised 190K the previous week -- the highest read we've seen so far in 2023.
A hawkish Jerome Powell is upending market expectations of a "no landing" scenario.
A large number of Americans are not receiving adequate financial advice. Dr. Rhoiney, a renowned robotic surgeon and financial literacy enthusiast, has pointed out that many Americans are "locked out of financial advice," and this is a concerning trend that needs to be addressed. Dr. Rhoiney believes that financial literacy is an essential tool for building financial stability and security. Unfortunately, many Americans -- even the wealthy -- lack access to the kind of financial advice and education that can help them achieve their goals. This can be due to a lack of resources, geographical constraints, or simply not knowing where to turn for help. One of the most significant challenges facing many Americans is the rising cost of financial advice. Many financial advisors charge high fees that can be prohibitive for those who are struggling to make ends meet. This can create a vicious cycle in which individuals are unable to access the financial advice they need to improve their financial situation. Dr. Rhoiney believes that addressing this problem requires a multi-faceted approach. First and foremost, there needs to be more education and outreach to help individuals understand the importance of financial literacy. This can include initiatives at the community level, such as financial literacy classes or workshops, as well as national campaigns to raise awareness about the issue. Another key strategy is to provide more affordable financial advice. Dr. Rhoiney suggests that there needs to be greater competition in the financial advice industry to drive down costs and make advice more accessible. Additionally, there are emerging technologies, such as robo-advisors, that can provide low-cost financial advice to individuals who might not otherwise be able to afford it. However, such services are in their infnacy and are not robust. Beware Of Bad Advice From Financial Advisors – Forbes Advisor In conclusion, Dr. Rhoiney's observations highlight the urgent need to improve financial literacy and access to financial advice in America. As he points out, too many individuals currently don't have access to good financial advice. By taking a multi-faceted approach, we can help more Americans achieve financial stability and security.
Volume weighted average price (VWAP) was created in 1988 as a benchmark for institutions to determine the quality of their order execution. It is the average price for the day, weighted by volume, with each share traded getting equal weight. The cumulative average builds throughout the day, and if more volume comes in on an up move, the VWAP will rise, but if more volume comes in as the market moves lower, the VWAP will decline, and prices will be below it. According to veteran trader and alphatrends.net founder Brian Shannon, CMT, we can determine with 100% accuracy who has control at the beginning of the day based on where the VWAP is in relation to it. When thinking about support and resistance levels, traders use the word "porosity," which is similar to drawing a trendline with a crayon instead of a straight edge, where the VWAP becomes a battleground in that area. He calls them levels of interest rather than levels of resistance. The anchored VWAP initiated from the all-time high for the NASDAQ, for instance. It measures sentiments with precision and tells us that from that top, the average long participant is losing money because the price is lower than the average, while the average short seller is making money. Shannon advises that as the market comes up to the anchored VWAP, not only will long people be looking to break even, but short sellers might put a big offer on there and try to scare the long holders out of it. He sees it as a transition of a balance of power, and if buyers are able to wrestle away control and take control of the trend, prices can re-emerge in a new uptrend supported by the average participant being in a profitable position and the average short seller scrambling to cover their losses. Shannon advises looking at the shorter-term timeframe for trend alignment and measuring sentiment and psychology to determine who is in control from a particular event. He suggests measuring VWAP from an event and looking for the first couple of days or two, where buyers gain control, and then a battle ensues where sellers regain control. By analyzing the sentiment and psychology, traders can determine whether the buyers or sellers have regained control and make informed trading decisions.
Yahoo Finance’s Jared Blikre is joined by AlphaTrends.net Founder, Brian Shannon, CMT, as they discuss charting anchored VWAP.
Yahoo Finance’s Jared Blikre is joined by AlphaTrends.net Founder, Brian Shannon, CMT, as they discuss anchored VWAP.
Yahoo Finance’s Jared Blikre is joined by MarketGauge.com Director of Trading Education, Michele "Mish" Schneider, and StockCharts.com Chief Market Strategist, David Keller, CMT, as they discuss investing.
JP Morgan's Matejka recommends investors slash their exposure to stocks and eye more defense areas of the market.
What to know in markets on Thursday, February 9, 2023.
The Invesco QQQ Trust (NASDAQ: QQQ) got off to a good start in 2023, as the exchange-traded fund (ETF) finished the month of January up 10.6%, according to S&P Global Market Intelligence. The Invesco QQQ is one of the most popular ETFs in the world, with $156 billion in assets under management. It is a fund that tracks the performance of the Nasdaq 100, which includes the approximately 100 largest stocks on the Nasdaq Stock Exchange, not including financial stocks.
Yahoo Finance's Seana Smith breaks down how stocks are moving on Tuesday afternoon.
Impressive start to the year for the stock market.
The tech sector had a difficult year in 2022, as soaring inflation followed by rapidly rising interest rates brought the sector back down from the meteoric valuations it saw in 2021. The outlook for this year is still quite uncertain, with liquidity tightening and the impact of all of the Fed's rate hikes still largely unknown. The Invesco QQQ Trust (NASDAQ: QQQ) is a popular tech ETF because it owns many headline-grabbing tech stocks like Apple, Microsoft, Amazon, Alphabet, and Meta Platforms, just to name some of its largest holdings.