VOO

Bears see Mag 7's S&P dominance as 'one bad payroll away from cracking': Bank of America

Bears see Mag 7's S&P dominance as 'one bad payroll away from cracking': Bank of America. The Magnificent 7 mega-cap tech stocks could rupture from a slowdown in U.S. Economic activity. The Nasdaq-100 and other tech-stock gauges have veered lower this month.

AllianceBernstein anticipates a soft landing due to easing inflation and moderating growth

AllianceBernstein anticipates a soft landing due to easing inflation and moderating growth in the U.S. In Q3. The investment firm says growth will moderate and inflation will continue its downward trajectory in the second half of 2024. The upcoming presidential election will be a disruptive factor for investors.

AI Chip Stocks Nvidia, AMD Rebound: What's Driving The Reversal?

Artificial intelligence chip stocks led by Nvidia Corp (NASDAQ:NVDA) are seeing redemption after two days of selloff. China’s subsidies for new energy vehicles and consumer electronics are tailwinds for the sector. Nvidia supplier SK Hynix reported record-high quarterly profit and revenue this week.

Strong U.S. GDP Rise For Q2 Derails Recession Forecasts... Again

This DB chart shows how the tech selloff is driving moves throughout the stock market

This DB chart shows how the tech selloff is driving moves throughout the stock market. A Deutsche Bank chart showed utility stocks (XLU) gaining ground and a Magnificent 7 gauge sinking. Seven of ten sectors in the S&P 500 have advanced since a slide in tech stocks kicked off.

Bullish sentiment sees biggest one-week drop since Feb 2023 in latest AAII survey

Bullish sentiment sees biggest one-week drop since Feb 2023 in latest AAII survey. A tech-driven wipeout on Wall Street sent the Nasdaq Composite plunging close to 4%. Bullish sentiment as per the weekly AAII investor sentiment survey slipped to 43.2% for the week ending July 24. Still, bullish sentiment remains above its historical average.

GDP Prints At 2.8%, But A Recession Signal Looms

AAII Sentiment Survey: Bullish Sentiment Decreases