The rotation away from large Nasdaq stocks like Tesla has intensified, resulting in the market’s biggest divergence since the dotcom bubble broke a generation ago.
In December, Market Insights noted how money was shifting away from large, well-known companies to smaller and less-known companies.
This post will help traders keep up with shifts in sentiment. It will describe some basic techniques for discovering new areas of leadership at almost any time. These can also help you avoid falling into value traps, or being late to stocks that are losing buyers.
The Nasdaq-100 rose 4.2 percent between Friday, October 2, and Friday, October 9. It was the index’s third straight positive week, and its best performance since early July. Its gain was also twice the advance of the broader S&P 500 index.
The Nasdaq-100 fell 3.1 percent between Friday, August 28, and Friday, September 4. The SPDR Technology ETF (XLK) declined 4.1 percent. Both were the biggest weekly drops since the coronavirus selloff reached a climax in mid-March.
This market report looks at 6 noteworthy companies and reports on their earnings releases for the end of Q2 2019. They include: Facebook Inc. (NASDAQ:… Read More »6 Majors Earnings Release Highlights – Q2 2019
As governments and the private sector shift focus on the medicinal benefits of cannabis-derived drugs, many cannabis companies expect more favourable legal changes, which may ultimately provide a further boost to the industry.