Technology Select Sector SPDR® ETF
JPMorgan Chase Predicts Crude Oil Will Reach $190 in 2025
JPMorgan Chase predicts that oil will reach $190 per barrel in 2025. Just a few months ago, Brent crude touched a multiyear low.
Will Tech Stocks Push S&P 500 to Record Highs?
Tech stocks have been on a roll since the start of 2019. The S&P 500 ETF (INDEXSP: INX) has gained 31.4% since January 2019.
An Investor’s Guide to Top-Performing Stocks for 2020
Overall, tech stocks turned out to be the top performers for 2019. The gain in the technology sector helped the S&P 500 gain 29% in 2019.
2020 Should Be a Challenge for These Five Tech CEOs
In this year-end review, we’ll look at five tech CEOs who have the challenge of bolstering or restoring market confidence in their companies in 2020.
How the S&;P 500’s Sectors Could Perform in 2020
The S&P 500 Index (SPY) has gained 28% YTD. Tech stocks constituted 22.8% of SPY, the highest among the 11 major sectors.
Did Druckenmiller and Buffett Get ‘Trumped’ This Year?
Druckenmiller and Buffett got “trumped” by the President’s economic policies this year. Incidentally, the US economy posted better-than-expected growth.
Top Five Tech CEOs behind the XLK Bull Run in 2019
The top tech CEOs helped push the sector’s bull run in 2019. The Technology Select Sector SPDR Fund (XLK) has posted 42% YTD growth.
Tech Stocks: 3 Dividend Companies to Consider for 2020
Tech stocks have been on a roll in 2019. As we get closer to 2020, let’s take a look at the companies to consider for the next year.
AAPL, FFIV, FB, GOOGL, ETSY: Top 5 Tech Calls Today
AAPL and other tech stocks are trending! Let’s take a look at what drove revised price targets, downgrades, and upgrades for today’s top tech stocks.
Dow Jones: November Was Its Best Month since June
This week, the Dow Jones Industrial Average Index (DJI) rose 1%. On a month-to-date basis, it has risen 3.8% and heading for the biggest gain since June.
How a Fracking Ban Would Devastate US Energy
Democratic presidential candidate Elizabeth Warren has proposed a ban on fracking. According to her, a ban on fracking is necessary to fight climate change.
AMZN Stock: Why It’s Underperforming the S&P 500
Amazon (AMZN) stock has returned 13.9% YTD. In 2019, AMZN is trailing the S&P 500, which has gained 24.3% YTD, as well as the major tech indexes.
Apple and Microsoft Push Indexes to Record Highs
Tech giants Apple and Microsoft have been on an absolute tear this year. While AAPL has gained 69.3% year-to-date, MSFT has returned 48%.
Roku Slumps while ServiceNow Gains: Tech’s Latest
Roku stock was down close to 5%, and ServiceNow was up 4% in early market trading today. What’s affecting these high-growth stocks?
The George Soros Fund Shares 13F Analysis
On November 14, The George Soros Fund Management LLC filed 13F. The firm’s total market value was around $3.6 billion at the end of Q3 2019.
Two Tech Stocks Trading 40% below Their 52-Week Highs
Hardware networking tech stocks Nokia (NOK) and Arista Networks (ANET) have been hit hard recently. NOK is trading 47% below its 52-week high.
Dimensional Fund Advisors’ Major Holdings in Q3
Dimensional Fund Advisors’ top buys are Apple (AAPL), AT&T (T), Microsoft (MSFT), L3Harris Technologies (LHX), and Verizon Communications (VZ).
The Trade Desk Led Mid-Cap Gains among Tech Stocks Yesterday
Last week, The Trade Desk announced its third-quarter results. The company reported revenues of $164.2 million—growth of 38% year-over-year.
How Are Citadel Advisors Hedging their Portfolio?
Kenneth Cordele Griffin is the CEO of investment management firm Citadel Advisors LLC. He is the hedge fund manager and he founded Citadel in 1990.
Get Real: Warren Buffett’s Next Elephant
In today’s Get Real, we saw that California Governor Gavin Newsom has ideas about Warren Buffett’s next elephant. Plus, earnings takeaways, the Fed, oil risk, and more.
Tech Stocks Drive the S&P 500 to Record Highs
This year, the SPDR S&P 500 ETF (SPY) and Technology Select Sector SPDR ETF (XLK) have risen 19.2% and 35.5%, respectively. What’s driven this rally?
Analyzing Tudor Investment’s Top Holdings
Tudor Investment founder Paul Tudor Jones II’s macro investment strategies have helped investors understand the opportunities in various securities.
What Are the Top Holdings of Fisher Asset Management?
Kenneth Fisher is the founder of Fisher Asset Management LLC. He in July 2016. But now he’s the executive chairman of Fisher Asset Management.
Two Undervalued Tech Stocks to Buy Right Now
The technology sector is popular among investors. Tech stocks provide a significant opportunity for high growth and capital returns.
D. E. Shaw & Company: Top Holdings and Fears
David Elliot Shaw or D.E. Shaw is a prominent billionaire hedge fund manager and founder of the firm D. E. Shaw & Company.
Dow Jones Fell 0.6% Yesterday, Ends Week in Red
The Dow Jones Industrial Average or DJIA fell 0.6% or 159.72 points on Friday, September 20, 2019. The S&P 500 ETF fell 0.54% yesterday.
Will Tech Stocks Turn Bearish after Their Q3 Earnings?
While tech stocks fell sharply in late 2018, they surged again in 2019. How could the market react if tech stocks post lower-than-expected earnings?
Cramer and Trump Were Right about the Market Rebound!
On August 27, Jim Cramer predicted that the equity market could witness a rebound in September. President Trump said that the US economy is in great shape.
Overvalued Tech Stocks Have Taken a Beating Today
The Technology Select Sector ETF (XLK) has fallen 0.8% on the day. Several tech stocks are trading in the red, particularly the overvalues stocks.
Is Trump Hinting at a Currency War?
The currency can be weakened by the central bank or government intervention. If President Trump is reelected, a currency war seems obvious.
Technology Market Movers on August 27, 2019
In today’s look at the market movers in the tech sector, Activision Blizzard (ATVI) rose 5% and CrowdStrike (CRWD) fell 5.4% to close at $84.08.
Trump Thinks He Should Have Imposed Higher Tariffs
When asked yesterday whether he had second thoughts on the trade war with China, Donald Trump replied, “Yeah! sure. Why not?”
China Open to Trade Deal, Tech Stocks and Markets Rally
Markets made a comeback on Monday. President Trump indicated that China is ready to reconcile. Apparently, China is ready for a trade deal.
Trade War Escalated, Airline Stocks Fell
US airline stocks fell drastically on August 23. The industry seems to be bearing the brunt of the escalating trade war and sluggish economic growth concerns.
Can Investors Expect a ‘Black Monday’ Tomorrow?
Tech and semiconductor stocks have significant exposure to China during this trade war. Investors should expect these stocks to trade lower on Monday.
Markets in the Red Today, Trade War Escalates
The trade war between the US and China has escalated again. As expected, technology stocks were hit the worst in early market trading today.
Dow Jones Rose by 240 Points Led by Boeing and Apple
On Wednesday, the Dow Jones Index’s outperformance was mainly due to an increase in two of its high-weighted stocks—Boeing (BA) and Apple (AAPL).
Where Did Stanley Druckenmiller Place His Bets?
In the second quarter, Stanley Druckenmiller’s top five buys were Uber Technologies, Microsoft, Salesforce.com, PG&E, and Barrick Gold.
Why Shiller Says the Fed Made a Mistake
On August 20 in an interview with CNBC, economist Robert Shiller said the Fed’s rate cut had created fear in the markets.
Soros Fund Management’s Major Picks amid Trade War
Soros Fund Management’s top five buys in the second quarter were Invesco QQQ Trust (QQQ), Alphabet, eBay, Symantec, and Red Hat.
Baidu Leads Tech Gains on August 19
Shares of China’s leading search engine Baidu (BIDU) have been on a tear today. The stock gained 7.8% in after-hours trading today to close at $104.22.
How Do You Play the Market with a Recession Looming?
The yield curve inverted yesterday, driving markets down. The DJIA fell 800 points yesterday—its worst performance in 2019—on fears of a looming recession.
Tesla the Most Profitable Short Bet, Bears Rejoice
Tesla bears had made a whopping $2.75 billion in mark-to-market gains this year as of August 9, making it the most profitable US short bet year-to-date.
Trump’s Trade Adviser: Time for Desperate Measures!
On August 9, Peter Navarro, President Trump’s trade adviser, warned China about its tariff neutralization. The yuan fell 1.8% against the US dollar.
Wells Fargo: Top Picks amid Recent Turmoil
In an interview to CNBC, Chris Harvey, the head of equity strategy at Wells Fargo Securities, explained his top sector-wise picks.
Does Boeing Risk China’s Retaliation as Trade War Escalates?
Boeing’s problems could be set to intensify given the recent escalation in the trade war between the US and China.
Energy Stocks: Expert Says to Avoid the Free Fall
Ari Wald said that energy stocks haven’t captured the upside in oil prices. However, energy stocks were hit hard by any sharp decline in oil prices.
Tech ETFs in Freefall as Trade War Intensifies
US markets have been decimated as the US-China trade war intensifies. All major indices closed in the red today, and tech stocks are in trouble.
China Counters Trump’s Tariff Threat by Devaluing Yuan
As anticipated, China is retaliating against Donald Trump’s latest tariff threat, letting its currency fall to a record low.
Was Friday’s Tech Sell-Off Justified?
Last week, Donald Trump threatened 10% tariffs on $300 billion in Chinese imports. The stock market was sent tumbling on August 2, led by a tech sell-off.
Yet Another Analyst Cautions about Tech Slowdown
AB Bernstein analyst Tony Sacconaghi has warned investors to stay away from tech stocks with high valuations.
Why Upcoming Earnings Remain Critical for Technology Markets
Tech stocks made a stellar comeback in the first six months of 2019. The Technology Select Sector SPDR ETF (XLK) has returned 15.8% so far this year.
Fortinet Stock Fell Close to 6% on May 23
Cybersecurity company Fortinet (FTNT) fell 5.8% on May 23 to close trading at $77.49.
Dow Jones and US Stocks Fell on Escalating US-China Trade War
The broader US market fell drastically on May 13 after China said it would raise tariffs on US imports worth $60 billion beginning on June 1.
Can Stock Market Bears Smell Recessions Better?
In developed economies like the US, the stock market and the real economy are closely linked.
Visa Beat Earnings Estimates in Q2
Visa reported its second-quarter earnings after the market closed on April 24. The company beat analysts’ EPS estimates for the quarter by 5.6%.
A Look at Palo Alto Networks’ Stock Returns and Valuation
Cybersecurity stocks have generated impressive returns over the last few years.
Is Microsoft Stock Overvalued?
Technology stocks have had a stellar run in 2019 so far. But are their double-digit returns a sign that the market is now overvalued?
A Look at Accenture’s Valuation and Upside Potential
The Technology Select Sector SPDR Fund (XLK) has risen 24%, while the VanEck Vectors Semiconductor ETF (SMH) has gained close to 30% this year.
Does Apple’s Valuation Justify Its YTD Stock Gains?
Earlier in this series, we looked at analysts’ consensus ratings and target prices for Apple (AAPL).
Are Wall Street Analysts Turning Negative on Apple?
A slim majority of analysts (~50%) covering Apple (AAPL) have given its stock “hold” recommendations.
TripAdvisor’s Key Metrics Had a Mixed Performance in Q4
TripAdvisor registered a YoY (year-over-year) improvement in its average monthly unique visitors and revenue per hotel shopper.
Why Loeb Cut Exposure to Netflix, Microsoft, and Alibaba in Q4
In its third-quarter letter to investors, Third Point told investors that it reduced its “tech exposure meaningfully.”
Why Analysts Are Bullish on Microsoft
Out of the 34 analysts covering Microsoft on January 28, 16 analysts have rated the company as a “strong buy” and 16 analysts have rated the company as a “buy.”
What’s Driving the Success of Comcast’s NBCUniversal Businesses?
Comcast’s (CMCSA) NBCUniversal business segment consists of filmed entertainment, theme parks, broadcast television, and cable networks divisions.
How IBM’s Technology Segment Performed in Q4
Technology Services and Cloud Platforms is IBM’s largest operating segment. The segment generated $8.9 billion in revenues in the fourth quarter.
Will Azure Help Microsoft Consolidate Its Hybrid Cloud Position?
Recently, Microsoft (MSFT) explained how the hybrid cloud, AI, and IoT (Internet of Things) are interconnected, complementing each other.
Bank of America Expects the Markets to Fall in 2019
Bank of America’s equity and quantitative strategist, Savita Subramanian, expects a decline in the S&P 500 (SPY) in 2019—compared to 2018.
Apple: Why this Research Firm Sees ~80% Upside Potential
Apple stock (AAPL) is about to end one of its worst quarters. As of December 28, the stock was trading with 30.8% QTD (quarter-to-date) losses against 18.2% value erosion in the NASDAQ Composite Index.
Largest Ever One-Month Rotation into Bonds Signals Pessimism
Another concerning statistic that came to light during the Bank of America Merrill Lynch’s Fund Manager Survey was that investors made the largest ever one-month rotation into bonds (BND).
Could Apple Cost Warren Buffett a Fortune This Time?
Apple is continuing to lose investors’ confidence in the fourth quarter. Apple stock has fallen 24.3% sequentially as of December 13.
Citigroup: Trade War Damage in China Is Already Done
Citigroup economists think that the damage to the Chinese economy is already done. The damage can’t be reversed even if there’s a resolution.
The Dow Had Its Second-Best Day of the Year Yesterday
The Dow Jones Industrial Average surged 617.70 points on November 28, its second-biggest gain this year after the March 26 rally of 669.40 points.
Bank of America’s Suggestions for Investors in a Market Decline
In a note published last week, Bank of America Merrill Lynch equity and quantitative strategist Savita Subramanian said, “We believe the peak in equities is likely before the end of 2019.”
What’s Expected of HPE in Q4 2018?
Hewlett Packard Enterprise is scheduled to announce its fiscal 2018 fourth-quarter earnings results on December 4.
What’s Expected of HP Inc. in Q4 2018?
The broader indexes were in a sea of red on November 19 driven by a sell-off in the technology sector. HP Inc. (HPQ) was also affected.
Five Consumer Staples Stocks to Be Thankful For—Even This Year
So far, 2018 has been a difficult year for the consumer staples industry—even tougher than last year.
FAANG Trade Is Faltering: Could This Be the Alternative?
The tech stocks (QQQ) led the declines in October.
Do Fund Managers Think the Stock Market Has Peaked?
November marked the second straight month of investors’ bearishness with 44% of them believing that global economic growth will decelerate in the next 12 months.
Why Infinera Stock Fell 33.4% Yesterday
Infinera stock (INFN) fell 33.4% on November 7 to close at $4.15.
Why Flex Stock Fell on October 26
Flex stock declined 35% on October 26 and is currently trading 64% below its 52-week high of $19.71.
How Did ServiceNow Perform in Q3 2018?
ServiceNow (NOW) announced its third-quarter results on October 24 and reported revenues of $676.2 million—a rise of 37.6% YoY.
Could Investors’ Rotation amid the Sell-Off Benefit Gold Miners?
As the risk-off sentiment takes hold in the market, investors could rotate out of more growth-oriented and expensive stocks and into relatively stable, defensive stocks.
Does the Sell-Off Imply Market Repositioning for Lower Growth?
The Dow Jones Industrial Average Index tumbled more than 800 points yesterday as Treasury yields continued their upward march.
Tech ETFs Saw Major Impact on October 10
On October 10, Wall Street had its worst day in eight months. The sell-off was driven by investor concerns about rising interest rates.
How the Latest Tariffs Could Affect US Businesses and Consumers
Both US (SPY) (IVV) businesses and consumers are expected to be negatively affected by the most recent round of trade tariffs.
Could China Disrupt US Supply Chains in Retaliation?
Amid the US-China (MCHI) trade tension, investors should note that bilateral trade between the countries is lopsided—China imports far fewer goods from the United States than it exports.
Have Tariffs Started Taking a Toll on US Businesses?
The manufacturing sector shed 3,000 jobs during August. This is the first time in the last year that the sector has cut jobs.
Fund Managers Believe Gold Is Undervalued: Time to Buy?
A record number of fund managers in the BAML (Bank of America Merrill Lynch) July survey believe that gold is undervalued.
Consumer Staples Stocks: The Stragglers of H1 2018
In this series, we’ll look at challenges that are hurting consumer staples stocks and their near-term outlooks and analyst ratings.
Consumer Staples Stocks: Separating the Wheat from the Chaff
The Consumer Staples Select Sector SPDR ETF (XLP) fell 9.4% in the first six months of 2018.
Blackstone’s Byron Wien Supports Trump’s Stance on China
In the previous part of this series, we discussed the trade war tension between the US and China and how it has been intensifying.
Should Investors Look to Tech Stocks despite Trade War Concerns?
The Technology Select Sector SPDR ETF (XLK), which tracks the performance of the technology sector, has risen 11.5% on a year-to-date basis as of June 22.
Why Bulls May Be Betting on the Technology Sector
The technology sector performed strongly in May, helping the S&P 500.
Leon Cooperman on Facebook: ‘It Doesn’t Look Expensive to Me’
Despite the recent data breach issue, Facebook’s stock price recovered its losses and is currently trading at $187.67.
Total Returns and Sector Exposure for Growth Indexes—Continued
The S&P 900 Growth and S&P 900 Pure Growth indexes have three-year annualized returns of 13% and 9.7%, respectively.
Why George Soros Bought Amazon and Netflix
Legendary billionaire investor George Soros made some changes in his firm, Soros Fund Management LLC’s, portfolio in the first quarter.
Warren Buffett Sold Position in IBM: Is Danger Ahead?
Iconic investor Warren Buffett disclosed that his firm Berkshire Hathaway (BRK-B) sold its entire position in International Business Machines (IBM) in 1Q18.
Warren Buffett: ‘I Made the Wrong Decisions on Google and Amazon’
Alphabet has returned 139% in the past five years.
How the Technology Sector Performed in April
The technology sector remained flat in April.