Dollar, ‘Magnificent Seven’ and 10-year bonds are punishing traders the most right now: strategist
Historical Context of Stock Market Concentration: In 1881, railroad stocks made up 63% of U.S. stock-market capitalization, prompting Bank of America strategist Michael Hartnett to question why the current tech group, the Magnificent Seven, only represents 35% of the S&P 500.
Comparison with Past Bull Markets: Hartnett draws parallels between the current concentration of megacap tech stocks and previous market trends, suggesting that there is no strong reason to believe the dominance of these stocks will not continue, especially given their connection to artificial intelligence advancements.
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Amazon.com Shares Decline Once More, Experiencing Their Worst Streak Since 2022.
- Stock Performance: Amazon.com is experiencing a significant decline in its stock, on track for its worst seven-day performance in over three years.
- February Challenges: The company has faced a rough month, indicating ongoing struggles in the technology and retail sectors.
Nvidia Is Thriving, While These Dividend ETFs Are Outperforming.
Market Rally: The market rally is expanding beyond just tech stocks, indicating a broader recovery.
Dividend-Paying Stocks: Companies like Exxon Mobil, Walmart, Ford, and Coca-Cola are outperforming traditional tech favorites.
This Successful Fund Manager Favors J&J, Lowe’s, and Utility Stocks
- Active Equity Managers: Few active equity managers consistently outperform the S&P 500 index.
- Long-Term Consistency: It is even rarer for these managers to achieve consistent success over many years.
Cisco Shares Climb Following Upgrade; Analyst Calls It a Major Large-Cap Value.
Cisco's Stock Performance: Cisco Systems' stock is now approaching its peak levels from the year 2000, more than 25 years after the dot-com bubble burst.
Market Confidence: Unlike the past, Wall Street is expressing confidence that the current rally in Cisco's stock is sustainable and genuine.
Key Events to Monitor This Week: Fed Meeting, Apple, Meta, GM, Boeing, Chevron, and Others
Market Performance: Stocks ended the week mostly unchanged after experiencing significant volatility, with the S&P 500 index dropping 2.1% on Tuesday, marking its largest decline since October.
Political Influence: The decline was triggered by President Trump's threats of tariffs on European countries related to his controversial interest in acquiring Greenland from Denmark.
Recovery Efforts: Following the initial drop, the stock market managed to recover most of its losses later in the week.
Trump's Remarks: The recovery was aided by Trump's speech at the World Economic Forum in Davos, where he softened his stance on the tariff threats.
Alphabet Shares Could Reach $400, According to This Firm, Driven by AI.
- Market Capitalization Achievement: Alphabet has recently reached a market capitalization of $4 trillion.
- Stock Price Milestone: The company is nearing a stock price of $400 per share.
Amazon.com Shares Decline Once More, Experiencing Their Worst Streak Since 2022.
- Stock Performance: Amazon.com is experiencing a significant decline in its stock, on track for its worst seven-day performance in over three years.
- February Challenges: The company has faced a rough month, indicating ongoing struggles in the technology and retail sectors.
Nvidia Is Thriving, While These Dividend ETFs Are Outperforming.
Market Rally: The market rally is expanding beyond just tech stocks, indicating a broader recovery.
Dividend-Paying Stocks: Companies like Exxon Mobil, Walmart, Ford, and Coca-Cola are outperforming traditional tech favorites.
This Successful Fund Manager Favors J&J, Lowe’s, and Utility Stocks
- Active Equity Managers: Few active equity managers consistently outperform the S&P 500 index.
- Long-Term Consistency: It is even rarer for these managers to achieve consistent success over many years.
Cisco Shares Climb Following Upgrade; Analyst Calls It a Major Large-Cap Value.
Cisco's Stock Performance: Cisco Systems' stock is now approaching its peak levels from the year 2000, more than 25 years after the dot-com bubble burst.
Market Confidence: Unlike the past, Wall Street is expressing confidence that the current rally in Cisco's stock is sustainable and genuine.
Key Events to Monitor This Week: Fed Meeting, Apple, Meta, GM, Boeing, Chevron, and Others
Market Performance: Stocks ended the week mostly unchanged after experiencing significant volatility, with the S&P 500 index dropping 2.1% on Tuesday, marking its largest decline since October.
Political Influence: The decline was triggered by President Trump's threats of tariffs on European countries related to his controversial interest in acquiring Greenland from Denmark.
Recovery Efforts: Following the initial drop, the stock market managed to recover most of its losses later in the week.
Trump's Remarks: The recovery was aided by Trump's speech at the World Economic Forum in Davos, where he softened his stance on the tariff threats.
Alphabet Shares Could Reach $400, According to This Firm, Driven by AI.
- Market Capitalization Achievement: Alphabet has recently reached a market capitalization of $4 trillion.
- Stock Price Milestone: The company is nearing a stock price of $400 per share.
