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This Ain't 1999: 'Nvidia Is Cheaper Than It Was 26 Months Ago' — Market Expert Says Magnificent 7 Stocks Are Not In A Bubble
Wednesday, February 28, 2024 - 4:41pm | 463Read More...While some investors have been quick to call the recent rallies in Magnificent Seven stocks a "bubble," Ryan Detrick says that’s not the case. Detrick, the chief market strategist at Carson Group, joined Benzinga’s PreMarket Prep Wednesday to discuss market trends. ...
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US Stocks Set For Mixed Open, Cryptos Slip As Bitcoin ETF Decision Day Arrives: Analyst Says S&P 500 Was 'Due For A Break' After Red-Hot 2023 Finish
Wednesday, January 10, 2024 - 8:36am | 1142Read More...The market mood may continue to be lackluster, with index futures indicating a mixed opening on Wednesday. The potential approval of a spot Bitcoin (CRYPTO: BTC) exchange-traded fund is the major event traders are likely anticipating, and a green light from the SEC could spark a...
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Nasdaq, S&P 500 Futures Waver As Hawkish Fed Minutes Leave Investors Data-Watching: Analyst Thinks Weak Santa Claus Rally Signals 'Potential Warning'
Thursday, January 4, 2024 - 8:21am | 1417Read More...U.S. stock futures are slightly higher on Thursday following the lackluster performance seen in recent sessions. With the Federal Reserve pouring cold water on the market’s hope for expeditious rate cuts, the mood will likely revert to data-dependency. Against the backdrop, investors could...
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S&P 500 Could Build On 2023's 24% Gain: Analyst Shares Key Data Supporting Continued Broader Market Performance
Monday, January 1, 2024 - 12:55pm | 614Read More...Small-cap stocks came back strongly as the broader market rebounded in November following a late summer slump. An analyst sees small-cap stocks’ strong performances as a harbinger of good times for the market. What Happened: Tapping into history, Carson Group’s Ryan Detrick said that...
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S&P 500, Nasdaq Set For Weaker Open As 'FOMO' Rally Cools: Analyst Says Only 'Black Swan Could Upset Santa's Sleigh' Now
Wednesday, December 20, 2023 - 8:17am | 1319Read More...The U.S. stock rally faces the risk of stalling, as index futures point to a lower opening on Wednesday. The Dow Industrials and the Nasdaq Composite have seen gains for nine consecutive sessions, with the latter reaching a record high. As the Santa Claus rally period begins on Friday, there is a...
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S&P 500, Nasdaq Futures Rise On Euphoria Over Fed's Dovish Pivot: Small Caps Set For Another Cheery Session
Thursday, December 14, 2023 - 8:21am | 1322Read More...The Federal Reserve-induced rally appears set to continue, with the stock futures firmly in the green early Thursday. The small-cap party may have started following the group’s relative underperformance for much of the year. Traders may look ahead to the economic report on jobless claims and...
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US Stocks Set For Lackluster Start Following November's Buoyancy; Fed Chair Powell's Speeches Take The Spotlight
Friday, December 1, 2023 - 8:25am | 1294Read More...U.S. stocks are priming for a cautious start in the first trading session of December following Thursday’s mixed close. December, typically a seasonally strong month, could be cautiously approached by traders as the major averages have all advanced strongly this year despite the economic...
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US Stocks On Track To Pause As Recent Gains, Data-Heavy Week Render Mood Cautious: Why This Analyst Thinks Market Will Chug Along Into Year-End
Monday, November 27, 2023 - 8:04am | 1432Read More...U.S. stocks could stall at the start of the new trading week as they come off a week when all three major averages advanced solidly. Trading in the index futures points to a modestly lower opening as investors look ahead to a data-heavy week that would offer more cues on inflation, growth, the...
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Nasdaq, S&P 500 Futures Slip Ahead Of AI Bellwether Nvidia's Earnings: Analyst Says Stocks Do Particularly Well In December Of Pre-Election Year
Tuesday, November 21, 2023 - 8:11am | 1435Read More...Monday’s strong rally might push traders to the defensive, especially ahead of AI bellwether Nvidia Corp.’s (NASDAQ:NVDA) quarterly results due after the market close. Stock futures point to a modestly lower open on Tuesday. Analysts have begun cautioning of a pause after the month-to-...
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Stocks Turn Red As Jobless Claims Rise, Gold Rallies, Oil Plummets: What's Driving Markets Thursday?
Thursday, November 16, 2023 - 2:57pm | 1240Read More...It’s a red day on Wall Street, with stocks retreating as investors assess the latest economic data indicating an increase in jobless claims and Walmart, Inc. (NYSE:WMT) delivering a cautious stance on the consumer outlook. Treasury yields fell, as investors flocked to fixed income. The 10-...
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Stocks Edge Higher Ahead Of Federal Reserve Decision, Bonds Surge After Softer Treasury Refunding Plan: What's Driving Markets Wednesday?
Wednesday, November 1, 2023 - 1:23pm | 1317Read More...Stocks experienced a modest surge amid the Federal Open Market Committee meeting Wednesday. The central bank is widely expected to leave interest rates unchanged. Investors appear to be betting on a dovish press conference from Jerome Powell, as they have largely been buying Treasury bonds in...
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US Stocks Waver, Tech Outperforms As September Inflation Data Solidifies Interest Rate Hold; Oil Giants Fall: What's Driving Markets Friday?
Friday, October 27, 2023 - 2:09pm | 1207Read More...It’s a mixed Friday on Wall Street, with tech investors cheering stellar earnings from Amazon.com, Inc. (NASDAQ:AMZN) and an in-line personal consumption expenditure inflation rate, while bears continued to weigh on the broader stock market. Economists perceived the latest data on the Fed...
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Stocks Suffer, Safe Havens Rise As Investors Fear Escalation In Middle East: What's Driving Markets Friday?
Friday, October 20, 2023 - 1:42pm | 1426Read More...Risk sentiment remains extremely fragile as the week draws to a close, with the threat of an escalation in the Middle East intensifying. All major stock indices are trading in negative territory as of 1 p.m. in New York, extending their weekly losses. Clashes persist between Israel and Hamas, while...
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US Stocks Set To Finish Week In The Red, Marking End Of Tough September: What's Driving Markets Friday?
Friday, September 29, 2023 - 2:00pm | 1081Read More...On Friday, U.S. stocks displayed negative performance and were poised to conclude the month with declines across various sectors except for energy. The S&P 500 is heading for its fourth consecutive week of losses, marking a negative streak that has not been observed so far this year. September...
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US Stocks Rise As Tech Rebounds On Lower Treasury Yields, UAW Strikes Widen: What's Driving Markets Friday?
Friday, September 22, 2023 - 1:23pm | 883Read More...Wall Street is in the green on Friday, showing gains across major U.S. equity indices following significant losses on Thursday. Notably, the technology sector is leading the way, capitalizing on a retreat in Treasury yields. This positive momentum is occurring despite hawkish comments from Federal...
















