Is this the beginning of the profit taking season? Hmmm
Nasdaq ends lower for second day as Big Tech loses ground
Nov 23 - The Nasdaq ended lower for a second straight session on Tuesday, while the S&P 500 rose, as rising Treasury yields prompted investors to sell Tesla and other Big Tech names and buy stocks with lower valuations.The S&P 500 growth index dipped 0.3% and the value index climbed 0.8%.Treasury yields extended gains as investors ramped up expectations of interest rate hikes next year after Jerome Powell was nominated by President Joe Biden as fed chair for a second term.Tesla fell over 4% and
Hope the market will continue its green till end ofthe year. It is so exciting that quality companies are being recognised.
Retail sales, Walmart and Target earnings: What to know this week
Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Del
I am only interested in Alibaba and Pinterest…. I feel that Zoom should have come out with something interesting in the 2nd half of 2021….. in the first place, when they are starting, their intention is just a video call company….
Why Wait for a Crash to Buy? These 3 Top Stocks Are Already Down More Than 40%
$Alibaba$ Group has plummeted 49% since peaking 13 months ago.Alibaba's Singles' Day isn't what it used to be now given China's "common prosperity" initiative.Alibaba and two other U.S. former market darlings have a strong chance to bounce back from here.Alibaba enters Singles' Day trading 49% below the all-time high it hit late last year. Investors have steered clear of China's growth stocks in the wake of the government's crackdown on several industries, but the real bargain for Singles' Day c