Tag Archives: Datatrek

With the threat of anticipated rate hikes by the Federal Reserve still looming over markets, plenty of uncertainty remains as investors are tentative as to whether the recent partial recovery from the larger January downturn may be an instance of a “dead cat bounce.” According to DataTrek Research, there are several key reasons for a bullish case for large-cap equities that investors may be ignoring. “As much as Fed policy remains an overhang on US large cap stocks, there is a valid… Source link

With the Q4 2021 earnings season now underway, Wall Street analysts are mostly bullish in regard to the corporate profitability landscape in spite of slowing growth rates. According to DataTrek Research, however, analysts are still underestimating the S&P 500 (^GSPC). “Wall Street analysts have started increasing their S&P 500 Q4 earnings estimates again, and they’re getting more bullish on 2022 as well. We still think their numbers are too low,” DataTrek Research Co-Founder Nicholas… Source link

The last time the Russell 2000 (^RUT) hit a new high was in March of this year, peaking at just over 2,360 points, while the S&P 500 (^GSPC) continues to break new highs. According to DataTrek Research, however, there are two factors that will determine whether the Russell 2000 can outperform the S&P. “The first is US high yield corporate spreads over Treasuries, which play an outsized role in the Russell’s relative performance,” DataTrek Co-Founder Nicholas Colas said in their Oct. 28… Source link

Bitcoin was trading for well over $60,000 in April, after making an astounding run from $11,000 in October. But after a tough first half of May, it’s been at about $33,000 as the crypto buzz died down. The cycles of bitcoin’s (BTC) popularity are a hallmark of the digital asset, so far at least, and despite its novelty, it’s old enough (12 years) for some patterns to have emerged. Though there’s no guarantee that what comes next won’t be different, hedge fund veteran and co-founder of… Source link

There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses. “Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity… Source link