Tag Archives: Morning

  Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 10, 2021 Everybody bought stocks last week The first week of March was a strange one in financial markets. The tech-heavy Nasdaq (^IXIC) fell for the third-straight week. The Dow (^DJI) and the S&P 500 (^GSPC) eked out gains. The 10-year Treasury yield (^TNX) rose for its sixth-straight week. Monday’s trading brought investors much of the same — tech stocks were dumped as… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 5, 2021 Vaccinations are having the biggest impact on airlines. As we noted on Thursday, investors are fully onboard the re-opening train. But these trades aren’t only anticipating what might happen when the masses are vaccinated and the economy is fully re-opened — they are also responding to real-time changes in data. In a note to clients published Thursday, economists at Bank of… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 4, 2021 Tech stocks go red for 2021. The re-opening rotation trade has been underway for months now. This trade can broadly be thought of as a move by investors away from stocks that worked in the stay-at-home world of 2020 and into names that should benefit from accelerating economic growth. This new theme kicked off following early November news that Pfizer (PFE) and BioNTech ( Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 3, 2021 Goldman Sachs puts the SPAC boom in context. Late last year, we wrote about David Kostin’s equity strategy team at Goldman Sachs declaring 2020 the year of the SPAC. In the few months since this report, the trend has only accelerated. Kostin’s team on Monday published their latest update on the space and the torrid pace with which these vehicles are coming to market. And… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 2, 2021 Manufacturing activity surges to a three-year high The U.S. economic recovery continues to be led by manufacturing. On Monday, IHS Markit and the Institute for Supply Management both released manufacturing activity data for February, with these reports showing the sector growing at the fastest pace in several years. The ISM’s manufacturing PMI registered a reading of 60.8,… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 1, 2021 Warren Buffett has had years of underperformance and a lot of bad stock picks Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A, BRK-B), will probably go down as the greatest investor in history. For more than half a century, he’s been responsible for the performance of Berkshire and its legendary stock portfolio, which have long track records of… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 24, 2021 Consumer confidence remains measured while Wall Street booms. For the last few weeks we’ve chronicled the increasingly positive economic outlook for the U.S. economy and the investor enthusiasm around this idea. But U.S. consumers are still lagging behind this buoyant outlook from the investor class. The Conference Board’s reading on consumer confidence in February… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 23, 2021 Airline, cruise stocks surge to start the week. Investors can’t keep up with economic optimism right now. On Monday, the re-opening trade was on fire with shares of airlines, cruise lines, and banks all rallying. And this while Wall Street strategists continued raising full-year GDP forecasts as others reiterated calls that consensus estimates are still too… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link