Nasdaq has dropped 7% in two weeks as the tech selloff picks up steam

The Nasdaq Composite has dropped 7.1% in two weeks as the tech selloff picks up steam. The tech-focused index is now trading below its 50-day moving average for the first time since early May. Wednesday's 3.6% drop in the Nasdaq is the worst single day performance for the index since July 11.

Election 2024: Economics, Policy And Positioning For A Soft Landing

The U.S. Economy should be resilient in the second half of 2024 and into 2025. The S&P 500 enjoyed a solid start to the year. The main risk for investors ahead of the 2024 election would be to cash out, says Seema Shah. Trade is a clear bipartisan focus for the upcoming election.

Tech Sector's Historical EPS And Revenue Growth Heading Into Q2 '24 Earnings

Investors Rotate Out Of Tech Just Ahead Of Big Tech Earnings

Weekly Report: what happened at IXN last week (0715-0719)?

U.S. Equities: Broadening And Grinding Higher

Home Market Outlook Today's Market U.S. Equities: Broadening And Grinding Higher. The economic strength that has delayed Fed cuts should support a positive backdrop for corporate earnings. The narrowness of the equity rally to date remains a concern for investors. Investors can look to companies, sectors, and markets with less stretched valuations to fuel the equity market rally.

Nasdaq set for its worst week in 3-months, see how some names have performed

Where Investors Are Starting To Turn Their Attention As Big Tech Loses Steam

MoneyTalk's Anthony Okolie talks with David Sekera, Chief U.S. Market Strategist with Morningstar Research. Sekera says the US markets are starting to strayed "pretty far into overvalued territory" The rotation out of big tech and into smaller-caps has been losing steam.

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024. The growth oriented Nasdaq Composite (COMP:IND) is down 2.35% in the early part of Wednesday's trading session. The index has pulled down the more growth-oriented sectors of the S&P 500 such as Info Tech and Consumer Discretionary.

Easing Into Elections

The Curse Of The Mega Caps

Weekly Report: what happened at IXN last week (0708-0712)?

The Week Ahead - ECB Spotlight As Fed Rate Speculations Drive Market Shifts

US inflation data lower than expected caused a significant selloff in US mega-cap tech stocks and a shift towards riskier areas of the market. The Russell 2000 surged 3.6%, marking its best day in 2024. The highlight of the week was the release of lower-than-expected US inflation data on Thursday. The week ahead brings the European Central Bank and UK inflation data.

IXN: A Global Fund Concentrated In U.S. Tech

IShares Global Tech ETF has an 80% concentration in US technology stocks. It has a 46% weighting in Microsoft, Nvidia and Apple. The fund is virtually indistinguishable from the US-focused Technology Select Sector SPDR Fund ETF (XLK) IXN has some global stocks but is very concentrated in its top two stocks. The correlation between XLK and IXN is clear and consistent.

Weekly Report: what happened at IXN last week (0701-0705)?

Economy Slows, Businesses Grow

Home Market Outlook Today's Market Economy Slows, Businesses Grow. We received a few more data points this week, validating the consensus view that the economy is slowing. Attention now shifts to the corporate sector, with the second quarter earnings season getting underway next week. Tech and communications services companies are the forefront of the growth projections.

Time to Take a Bite Out of Apple ETFs Now?

U.S. Tech Stocks: Heavyweights That Move Global Markets

These are the sectors with the highest dividend forecasts, lowest probability of div cuts - UBS

Global stocks in information technology and industrials have the highest dividend weighted average forecast growth over the next 12 months. Global real estate has the lowest dividend growth forecast. Materials have the lowest probability of a dividend cut for the next year. UBS analysts say the U.S. Appears to be the safest.

Equity Outlook: Making Way For The Magnificent Others

Global stocks posted healthy gains in the first half of 2024. Despite narrow market concentration, we see opportunities in high-quality stocks that haven't yet been rewarded. With inflation still high and equity returns concentrated, the time may be right for investors to broaden their horizons. Equity Outlook: Making way for the Magnificent Others.