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Small Caps Set To 'Lead Their Large Cap Brothers' For Rest Of 2024, Says Market Strategist
Friday, August 23, 2024 - 3:44pm | 809Read More...While the titans of tech may dominate headlines, a quieter revolution is brewing among small-cap stocks. According to Ryan Detrick, chief market strategist at Carson Group LLC, small caps are not only staging a remarkable rally but could soon surpass their larger rivals. Detrick has thrown a...
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US Stocks Poised For Tepid Start Ahead Of Private Sector Activity Data And Jackson Hole Symposium: Analyst Says Market Is Focused On Nvidia Earnings And 'Waiting Is The Hardest Part'
Thursday, August 22, 2024 - 6:41am | 1664Read More...Index futures trading point to a slightly positive start on Thursday, with some key Main Street data likely directing the market. Sentiment could remain guarded as traders look ahead to the 3-day Jackson Hole Symposium that kickstarts on Thursday, with Federal Reserve Chairman Jerome Powell...
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US Stocks Set To Start Week On Flat Note As Focus Shifts To Fed Speeches: Strategist Says Strong Gains Ahead If S&P 500 Extends Winning Streak To 8 Sessions
Monday, August 19, 2024 - 6:38am | 1492Read More...Wall Street appears on track to pause in the first trading session of the new week after the strong rebound from its Aug. 5 market collapse. The lack of any major trading catalysts makes it all the more complicated to determine the trading direction. The momentum is on the market’s side, as...
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US Stocks Set To Open Higher After Monday's Crash, VIX Plummets: Analyst Says Would Have Worried If Market Surged Higher Without Correction
Tuesday, August 6, 2024 - 7:18am | 1800Read More...U.S. stocks look to bounce back on Tuesday following an across-the-board sell-off in the previous session. Strategists say all the yen carry trades haven’t been unwound yet, which raises the specter of incremental weakness. That said, positive reactions to earnings from tech players such as...
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As Global Markets Roil, Strategist Soothes Nerves: 'Some Normal Action Under The Surface' As 'Tech Got Way Ahead Of Itself' (CORRECTED)
Monday, August 5, 2024 - 2:16am | 831Read More...Editor’s Note: This story has been updated to correct a data error regarding S&P 500 Equal-Weighted’s performance. It has been a “Black Monday” for the global stock markets as stocks across Asia fell, led by the Japanese market, and the index futures trading suggests a...
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Wall Street Remains On Track For AMD-Led Rebound Ahead Of Fed Decision, Meta Earnings: Analyst Says 'The Bull Tends To Remain' Despite Near-Term Volatility
Wednesday, July 31, 2024 - 7:55am | 2057Read More...Tech optimism is likely to abound on Wall Street as AI-levered stocks are feeding off the strength generated by Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) robust second-quarter results. The major index futures are all sharply higher early Wednesday. The financial markets have baked in...
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Wall Street Set To Rebound Amid Hopes Of Strong Earnings: 'Political Uncertainty' Caused By Biden Stepping Down Could Be 'Catalyst For Market Volatility,' Says Analyst
Monday, July 22, 2024 - 7:51am | 1368Read More...U.S. stocks could shake off the past week’s negativity and push ahead on expectations of a healthy reporting season, the Federal Reserve cutting rates, and the rising odds of a victory for former President Donald Trump in the Nov. election. President Joe Biden on Sunday confirmed the...
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Wall Street Set To End Week On Subdued Note As CrowdStrike, Microsoft Drop Amid Global Outage: Analyst Sees 10% Upside Potential For S&P 500 Over Next 12 Months
Friday, July 19, 2024 - 7:21am | 1479Read More...U.S. stocks are gearing up for a nervy as index futures were seen hugging the flat line. Uncertainty, which is one of the biggest enemies of the market, has intensified on all fronts. The Federal Reserve hasn’t committed to a timeframe for starting rate cuts despite the recent soft growth...
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US Stocks Poised For Positive Start Ahead Of Powell's Speech, Earnings: DJT Soars As Trump's Odds Improve Following Rally Shooting
Monday, July 15, 2024 - 7:52am | 1407Read More...U.S. stocks look set to start the fresh week on a positive note, unperturbed by elevated valuations they have amassed, especially the mega-caps. The index futures were mostly higher in early trading, reacting to the potential removal of uncertainty on the political front. Odds of a victory for...
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Wall Street Sentiment Skittish At Start Of Fresh Trading Week, Bitcoin Stabilizes: Analyst Says 'First Half Of July Is Historically One Of The Most Bullish Periods'
Monday, July 8, 2024 - 7:43am | 1090Read More...U.S. stock futures are pointing to a flattish start as the broader market is perched at a record high, propped up by the tech rally. The recent strong gains are likely leaving traders a lot cautious ahead of some market-moving catalysts scheduled for the week. Federal Reserve Chairman Jerome Powell...
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Why The S&P 500 Is Set For A Strong Second Half: 'Don't Give Up On The Bull Market Yet,' Says Analyst
Thursday, July 4, 2024 - 11:20am | 635Read More...After an excellent first half of the year — with the S&P 500 up 14.5% — investors and traders are now wondering how the U.S. stock market will perform in the second half of 2024. Moreover, the million-dollar question is whether — after a nearly 60% rally over the past twenty-one months — it...
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Nasdaq, S&P 500 Futures Flat Ahead Of Jobs, Services Sector Data; Tesla Rises: Analyst Sees Further Gains For US Stocks
Wednesday, July 3, 2024 - 7:29am | 1249Read More...Trading in the index futures reflects cautious optimism among traders following the market’s record run. Wednesday’s session is abbreviated, with the stock market closing at 1 p.m. EDT, owing to the Independence Day holiday on Thursday. Volume could be anemic, which is typical of a pre-...
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Nasdaq, S&P 500 Set To Open Higher On Nvidia Prop, FedEx Earnings, But Traders Could Move To Sidelines Ahead Of Key Data: Analyst Says Underweighting Techs 'Contrarian Bet'
Wednesday, June 26, 2024 - 7:36am | 1327Read More...Futures trading reflects the same trend seen on Tuesday, with the Nasdaq and S&P 500 futures firming up in early trading, while the Dow futures slipped. Notwithstanding the tech strength, the underlying sentiment is likely to be one of caution ahead of some key market-moving economic catalysts...
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Nasdaq Futures Slip As Nvidia Sell-Off Continues, S&P 500 Futures Hold Up: Analyst Says 'Valuations Will Go Parabolic And It Will Be A Perfect Time To Sell'
Monday, June 24, 2024 - 7:33am | 1260Read More...The U.S. market is on track to open Monday’s session on a firmer note after retreating from its record high in the final two sessions of last week. Potential clues on the near-term rate outlook from Federal Reserve officials’ speeches could potentially move stocks. The tech rally will...
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Wall Street On Track To Resume Meteoric Climb, Nvidia Builds On Gains: Analyst Says 'Now Until Later In The Month Is…Seasonally Worst Times'
Thursday, June 20, 2024 - 7:25am | 1457Read More...U.S. stocks will likely carry over from where they left off as the market reopens after the Juneteenth holiday on Thursday. The major index futures were all uniformly higher, underpinned by the continued buoyancy in the tech space. The sector’s accelerated runup, though, has caused concerns...
















