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Nasdaq 100 Index Will Undergo Special Rebalance To Limit Tech Giants' Influence: Reshuffling The Deck
Monday, July 10, 2023 - 4:15pm | 602Read More...The Nasdaq 100 Index, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), is set to undergo a significant rebalancing July 24. It’s a move intended to curb the dominance of a handful of large corporations, including Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:...
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Preparing For The Busy Upcoming Week With MandoTrading!
Monday, July 10, 2023 - 3:46pm | 1196Read More...As always on Sunday's, we will start by taking a look at the S&P from a higher timeframe. For the third time, the market rejected the monthly bearish order block, back from March of 2022. It is interesting to note that despite the harsh afternoon sell off on Friday, ES held the bottom of...
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Valkyrie Refiles Bitcoin ETF Application Amid Crypto Optimism
Wednesday, July 5, 2023 - 3:23pm | 515Read More...Valkyrie has become the latest issuer to resubmit an application for a Bitcoin exchange-traded fund after th Securities and Exchange Commission deemed the initial documents inadequate. What Happened: The firm, based in Nashville, Tennessee, revealed in its filing that Coinbase Global...
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China's Shein Reportedly Sets Sights On US IPO Amidst Market Volatility And Geopolitical Tensions
Wednesday, July 5, 2023 - 4:33am | 560Read More...Amidst market volatility and geopolitical tensions, China’s online retail giant Shein has set its sights on a potential U.S. Initial Public Offering or IPO, making waves in the fashion and investment worlds. What Happened: China-founded online retailer Shein is reportedly in discussions with...
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Spot Bitcoin ETFs Could Soon See SEC Approval, Suggests Bernstein Analysis
Monday, July 3, 2023 - 3:34pm | 595Read More...Brokerage firm Bernstein on Monday stated that the U.S. Securities and Exchange Commission (SEC) may find it challenging to maintain its current position on spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), suggesting that the chances of approval are relatively high. The...
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Nasdaq 100 Marks Second-Best 6-Month Performance In History, Nullifies Fed-Led Losses: But Troubling Chart Sparks Alarm
Friday, June 30, 2023 - 1:39pm | 721Read More...In a stunning day for the U.S. stock market characterized by Apple Inc‘s (NASDAQ:AAPL) surge back to a $3 trillion market cap, the Nasdaq 100 Index marks a triumphant journey, putting it on track to finish the quarter with a remarkable 39% gain. This half-year performance is the second-best...
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Organigram In Search Of Investors And Enhanced Marketability: What's At Stake? What's Their Plan?
Wednesday, June 21, 2023 - 5:04pm | 515Read More...Organigram Holdings (NASDAQ: OGI), a major licensed producer of cannabis and cannabis-derived products in Canada, announced plans to consolidate its shares on a 4-to-1 basis. The move is aimed at maintaining the company's U.S. equity listing on the NASDAQ, which had warned Organigram...
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US Tech Stocks Outshine Global Peers Thanks To AI, Fueling US Market Comeback After 2022 Sell-Off
Wednesday, June 21, 2023 - 10:51am | 883Read More...As the first half of 2023 drew to an end, the tech-heavy Nasdaq 100 Index, closely tracked by the Invesco QQQ Trust (NASDAQ:QQQ), delivered a spectacular 38.7% rise since the year’s inception until June 20, outshining all its global competitors. Not far behind, the Nikkei 225 Index revealed...
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BlackRock Entering The Crypto Space Through Bitcoin ETF Route Should Be Taken 'Very Seriously,' Says Analyst
Friday, June 16, 2023 - 3:29pm | 668Read More...With asset management behemoth BlackRock Inc (NYSE: BLK) as the largest exchange-traded fund (ETF) issuer, its foray into the Bitcoin (CRYPTO: BTC) market should be taken very seriously, Bloomberg Intelligence ETF analyst James Seyffart said on Friday, even as he threw...
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'Buy China, Sell AI' Is The Ultimate Contrarian Trade By This Top Wall Street Analyst: Find Out Why
Friday, June 2, 2023 - 4:09pm | 646Read More...As investors continue to flock to technology firms on the back of the AI boom, contrarian investors on Wall Street are contemplating the next move to profit on setbacks from the current market euphoria. Michael Hartnett, chief investment strategist at Bank of America, suggested the ultimate...
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Analyst Labels AI As 'Infant Bubble,' Warns Federal Action Could Burst It: 3 Investor Lessons From Dot-Com Collapse
Friday, May 19, 2023 - 9:40am | 672Read More...Bank of America's chief investment strategist Michael Hartnett called the AI a "baby bubble" with inflationary effects for the economy in his most recent 'The Flow Show' report. The analyst said that the first phase of the AI-stocks' surge can be...
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Four Charts Of Must-See Large Cap Stocks That Have Already Doubled In 2023
Thursday, May 18, 2023 - 12:31pm | 744Read More...The stock prices of four large-cap U.S. companies have doubled so far this year, marking mind-boggling performances for such a short timeframe and substantially outperforming the broader stock market, according to Benzinga Pro data. While the Invesco QQQ Trust Series 1 (NASDAQ: QQQ) is up 25%...
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S&P 500, Nasdaq Dabble in Bull-Market Territory: What Are 'The Big 5 Stocks' Pulling The US Stock Market Out of The Woods?
Tuesday, May 9, 2023 - 4:57pm | 749Read More...The S&P 500 index, which is tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), is up 7.8% year to date, while the Nasdaq 100, tracked by the QQQ Invesco Trust Series 1 (NASDAQ: QQQ) soared 19.9% this year, as AI growth and expectations on Fed rate peaking fuelled the tech...
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SoftBank-Owned Chipmaker Arm Shrugs Off US IPO Downturn, Sets Stage For Nasdaq Debut
Sunday, April 30, 2023 - 9:57pm | 440Read More...SoftBank Group Corp. (OTC:SFTBY) owned chipmaker Arm Ltd has made a confidential filing with the Securities and Exchange Commission for a listing on the markets in the U.S. What Happened: The Cambridge, United Kingdom-based company, plans to sell its shares on the Nasdaq later in 2023 and aims to...
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Falling Inflation A Deceptive Harbinger Of Doom; Analyst Warns Earnings Expectations Are Too High
Monday, April 24, 2023 - 12:11pm | 472Read More...Morgan Stanley's chief U.S. equity strategist and chief investment officer Mike Wilson said that U.S. equities are likely to witness a short-term blow given the risks of further Federal Reserve rate hikes and declining corporate earnings. The S&P 500 index, which is tracked by the SPDR S...
















