After leading the market higher coming out of the 2022 bear market, technology stocks have hit a rough patch. Sentiment towards the mega-cap tech companies has also shifted, as it now looks like interest rates will remain higher for longer. At the same time, geopolitical instability and spiking bond yields have zapped investors’ risk appetite. […]
Source: thinkhubstudio / Shutterstock.com Technology stocks had a great run in 2023. This year, not so much. In the past month, the tech-laden Nasdaq composite index has fallen 5%. Mega-cap tech stocks such as Apple (NASDAQ:AAPL) have faltered badly amid escalating concerns that interest rates will remain higher for longer. Possibly much longer. At the […]
BankRate recently noted that home prices in the U.S. continue to rise due to a persistent lack of housing supply, even amidst some of the highest mortgage rates seen in the last two decades. This ongoing price increase is driven by low inventory levels and robust demand, which outpaces the supply. Also, the article noted […]
Despite dipping more than 27% YTD, SOFI shares are still not a buy. Source: Poetra.RH / Shutterstock.com SoFi Technologies (NASDAQ:SOFI) stock has failed to rebound. While the Nasdaq and S&P500 enjoyed a great rally at the end of Q1, SOFI shares had plummeted 26.6% over the same period. The poor share price performance is because of […]
Trump Media & Technology Group (NASDAQ:DJT) stock, the Donald Trump media project that recently went public to much fanfare, has the tumultuous nature of meme stock. Shares soared on their first availability, then plunged, but are starting to rise once more. None of it has to do with Trump Media’s financials. The company reported over […]
A few years after electric vehicles seemed poised to dominate the automotive industry, the stock market has sharply turned. Now, investing in electric vehicle stocks is an exercise in pain tolerance. While Tesla’s (NASDAQ:TSLA) recent earnings commentary propelled the EV market higher (it certainly wasn’t the company’s numbers, which were abysmal), most other EV companies […]
It can be hard to determine when a defense company is overvalued, but it is critical for portfolio sustainability Source: Bumble Dee / Shutterstock.com There’s a general understanding among most financial analysts that defense companies provide significant portfolio stability during recessions. Indeed, these companies, especially defense companies with no commercial exposure, dip directly into the […]
The online brokerage’s share price tends to rise and fall with the market. Source: dennizn / Shutterstock.com Despite some recent gains, Robinhood Markets (NASDAQ:HOOD) stock remains a risky bet and investors should steer clear of the stock. Right now, HOOD stock looks to be on the comeback trail. Year to date, the share price is […]
Higher interest rates and a volatile macro environment make these growth stocks possible landmines The end of the first quarter means another volatile earnings season. United States equities ended Q1 on a high note after an overall positive Q4 earning season. The two major U.S. stock market indices, the S&P 500 and the Nasdaq Composite, […]
Investing in the stock market always carries a degree of risk, and even the most diligent investors can find themselves holding positions that underperform or fail to meet expectations. As time passes, the original investment thesis may no longer hold true, and the once-promising growth story can unravel and reach six feet under. With countless […]