Elon Musk Sets the SpaceX IPO Price: 8 Key Items Shaping the Stock Market Wednesday
Renewed Gulf hostilities, new Trump tariffs, Bessent testifies and other headlines are moving stocks this morning.
Renewed Gulf hostilities, new Trump tariffs, Bessent testifies and other headlines are moving stocks this morning.
Let’s check the latest from Iran, the OECD’s dire forecast, another round of tariffs … and my Marvell miss.
Pockets of frothy action, covering up broad weakness, leave investors in a ‘tricky spot.’
Are we due for some volatility? You betcha. Tech momentum seems to have hit a wall, with sellers beginning to take profits.
As tech gets long in the tooth and traders get tired of those same old extended names, are they taking advantage of other market segments?
Is our team bullish, bearish, neutralish? Well, it’s complex. So, let’s dig in and see.
By my calculus, there is three times or more downside potential than upside presently.
Tech-stock gains have pushed TSMC, Samsung and Hynix into the $1 trillion club, while SoftBank is the largest Tokyo listing by market cap.
The stock has been moving sideways since earnings. That’s not a bad thing.
I’m upping the defense as I don’t like what I see.