Good MorningThe equity markets continued to fall on Monday as fear of economic slowing grips the market. The fear is driven by a lack of consensus in Washington on another round of economic stimulus for America’s hardest-hit. The sell-off was led by the tech sector once again but no sector was immune. All eleven S&P 500 sector groups were lower at the end of the day with many approaching correction-territory.
The NASDAQ Composite has been hit the hardest in recent trading days. The tech-heavy index fell more than 4% on Tuesday and is down almost 10% from its high. If the index can’t find support soon it could easily fall another 10% before hitting bottom. There is little in the way of earnings or economic news to support the market this week so investors should be prepared for the worst.
Featured: Forget Nvidia, This “Ghost Town” Company Holds the Key to the AI Boom (Ad) 
|
Stocks | | | Upgrades Will Drive The Next Wave Of Buying
The market has entered a correction there is no doubt about it. The tech-heavy NASDAQ Composite is down nearly 10% over the past few trading days with the broad market and blue chips not far behind. Truth be told, it’s about time we had a correction... Read the Full Story |
|
|
Markets | | |
This year, the era of cloud technology dominance has officially begun. With cloud stocks leading the Nasdaq to record highs regularly, many investors are trying to figure out just how much potential these companies will have over the next decade. It’s easy to understand why businesses that a... Read the Full Story |
|
Markets | | | The opportunity for investors is two-fold. On the one hand, share prices offer a value, often a deep-value, over comparable stocks. On the other, high short-interest will fuel a sharp short-covering rally in these beaten-up names once the bulls regain control. Read the Full Story |
|
|
Markets | | |
Ambarella, A Diversified Play On Specialty Semiconductors
Ambarella (NASDAQ:AMBA) made a name for itself providing chips and technology for GoPro’s (NASDAQ:GPRO) popular line of digital, connected, cameras. Unfortunately for both companies, the GoPro narrative did not play out quite as we t... Read the Full Story |
|
Markets | | | Amazon (NASDAQ: AMZN) just did something it hadn’t done in five months: Touched its 50-day moving average.
On Friday, shares dipped a little below the 50-day, but quickly recovered and closed near the day’s highs.
Amazon has been one of the biggest pandemic winners. After shares droppe... Read the Full Story |
|
From Our Partners | | The AI boom isn’t just transforming technology—it’s redefining global power, increasing government debt, and ushering in more economic uncertainty.
Claim your FREE AI & Gold Report today and learn what central banks, investors, and analysts are seeing—and how gold can help protect your savings in an uncertain, AI-driven world. | | ▻ Get ahead of the trend—CLICK HERE to claim your FREE AI & Gold Report now! |
|
The Early Bird Stock Of The Day Brinker International, Inc., together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands. The company also operates virtual brands, It's Just Wings. Brinker International, Inc. was founded in 1975 and is headquartered in Dallas, Texas. | | View Today's Stock Pick |
|
