Most investors would be happy with a stock that doubled in five years. They’d likely be ecstatic about a stock that tripled during the same period. Nvidia (NASDAQ: NVDA) has skyrocketed more than 30x over the last five years. I’m unsure what emotion adequately describes how investors feel about this phenomenal return. Some expected Nvidia’s […]
ekapol/Getty Images The S&P 500 is likely to fall at least 5% in the coming months, one strategist predicted. CFRA’s Sam Stovall said a pullback tends to follow a great first quarter for the benchmark index. On the bright side, Stovall said the S&P’s full-year gain is usually over 20% after a stellar start. Brace […]
Cryptocurrencies tumbled deeper into correction on Tuesday with bitcoin {{BTC}} dipping to near $66,000 as traders brace for Wednesday’s key U.S. inflation report and Federal Reserve meeting. Bitcoin {{BTC}} started the day trading near $70,000 before hitting a three-week low price at $66,170 during the U.S. session. It slightly rebounded to near $66,500, but was […]
Deciding when to purchase a stock is perhaps an investor’s most challenging decision. This is especially true with newly public, unique companies in high-growth industries, like Arm Holdings (NASDAQ: ARM). Arm Holdings stock has more than doubled since its initial public offering (IPO) around nine months ago, and many investors are eager to own this […]
Bitcoin Dips by 2% But Traders Say Its a Healthy Pullback Before Next Leg Up Bitcoin (BTC) price dropped by 2.12% in the past day, following news of the spot Ethereum ETF approvals. This surprised traders who were optimistic about new all-time highs following the cryptocurrency’s strong rally earlier in the week, gaining 9% to […]
Grant Cardone warns of a 50% pullback in Americans’ retirement accounts — here’s what he’s doing with his money The S&P 500 has surged by 27% in the last few months, leading to substantial gains for many Americans in their retirement portfolios. But according to real estate mogul Grant Cardone, danger could be lurking ahead. […]
Home Depot (HD) earnings show shoppers are putting their HGTV dreams on hold. It was another quarter of subdued results, as consumers seek out fewer DIY projects compared to during the pandemic .CEO Ted Decker said the quarter was “impacted by a delayed start to spring and continued softness in certain larger discretionary projects.” On […]
Shares of Super Micro Computer (NASDAQ: SMCI) were in sell-off mode after the company released fiscal 2024 third-quarter results (for the three months ended March 31) on April 30. That may seem a tad surprising considering the outstanding growth the company delivered during the quarter. More specifically, Super Micro stock was down more than 11% […]
Bitcoin has lost over 16% in April, on track for its worst month since November 2022. BTC could drop to the mid-to-low $50,000 region, Ledn CIO said. The Hong Kong spot crypto ETF debut wasn’t as poor as it was made out to be, a Bloomberg Intelligence ETF analyst noted. It might be time to […]
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – The first sharp pullback for U.S. stocks in half a year is leaving investors wondering whether to buy the dip or hold out for more declines. Following several turbulent weeks, the S&P 500 is down more than 5% from its March 28 closing high, […]
It’s been a painful experience for investors over recent days. – It is decidedly not a good look for U.S. stocks. Rallying at the open but finishing lower on the day sends a bad message about market health. Most Read from MarketWatch Doing it for a fourth session in a row, as the S&P 500 […]
Most S&P 500 Stocks No Longer Trade Above 50-Day Average: Healthy Pullback Or Is The Bull Market Over? For the first time since early November 2023, less than 30% of S&P 500 stocks are trading above their 50-day moving average — a clear indicator of the current poor market’s breadth. This significant drop from the […]