Markets

Sticky inflation and robust retail activity are telling signs that the Federal Reserve has failed to stifle demand, analysts said. That means investors should expect tighter policy and more weakness in markets. “We would not be shocked to see a 15% to 20% pullback from current levels which would take us below the prior cycle.”… Continue reading The Fed has failed to slow demand – and that means no upside for stocks as policy tightens, analysts say

More oil releases from the Strategic Petroleum Reserve could handicap the Biden administration, analysts say.  The key reserve will hit 346 million barrels after the next release April.  “To allow this drawdown to take place has put undue stress on American resources and limits our ability to respond to an oil market spike.” Loading Something… Continue reading Joe Biden is running out of ammunition to fight the next oil crisis

The S&P 500’s gain for the year is likely to be erased by early March, Bank of America says.  The index could fall to 3,800, settling below last year’s closing level.  “Payroll, retail sales, inflation: mission very much unaccomplished for Fed,” BofA analysts wrote.  Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading The S&P 500’s 2023 gain is set to be wiped out in a matter of weeks as the Fed’s inflation fight remains ‘very much unaccomplished,’ says Bank of America

In an interview with Insider, Toggle AI CEO Jan Szilagyi explained how to invest in the infrastructure underpinning AI. While some little-known tech stocks have rallied on the AI boom, Szilagyi prefers well-established tech giants. “Right now you’re seeing people basically buying into the sector broadly, without understanding the full implications and that not all… Continue reading To capitalize on the AI boom, here’s what to buy instead of hyped-up tech stocks, according to the CEO of an AI-driven analytics firm

Theron Mohamed Elon Musk. HANNIBAL HANSCHKE /Getty Images Several elite investors took positions in Tesla and other trendy stocks last quarter. George Soros, Steve Cohen, and Jim Simons’ funds bet big on Elon Musk’s car company. Short seller Jim Chanos placed wagers against Tesla, AMC, and other high-flying stocks. Loading Something is loading. Thanks for signing… Continue reading George Soros, Steve Cohen, and Jim Simons’ funds piled into Tesla and other trendy names last quarter, while Jim Chanos took aim at meme stocks. Here’s a roundup of 5 key trades.

The stock market has been flipped upside down in 2023 as investors taunt the Federal Reserve.JPMorgan’s Marko Kolanovic highlighted that even as monetary policy gets tighter, investors are still chasing the most speculative stocks.”There is an old adage ‘don’t fight the Fed,’ but this behavior is not just fighting but also taunting the Fed,” Kolanovic… Continue reading The stock market has been flipped upside down

Insider traders have cooked up a new way to invest in stocks, according to researchers. They’ve poured nearly $3 billion into exchange-traded funds to avoid scrutiny from regulators. Their strategy isn’t illegal in the US — but it might not be very profitable, either. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Insider traders have cooked up a new way to leverage secrets, investing at least $3 billion. It’s not illegal – but it’s probably not making them much money, either.

Cathie Wood’s Ark Invest increased its Shopify holdings as the company’s shares plummeted Thursday.  The ecommerce platform posted weak guidance, causing the stock to nosedive 17% in one of its worst sessions.  The money manager is buying the dip, as it has done with companies like Coinbase and Tesla. Loading Something is loading. Thanks for… Continue reading Cathie Wood’s Ark Invest snapped up $35 million of Shopify stock as the e-commerce company suffered one of its worst-ever trading days