Three analysts share their outlook for tech, with one saying it’s ready for a hard rally, and another naming some “very interesting” stocks in the sector. Chris Watling, chief executive of Longview Economics, said the stock market as a whole is “ready to rally.” “We just need a whiff of good news from somewhere to … Read more
It seemed like everyone was in a buying mood on Friday, except Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second positive session in a row, and the S&P 500 was up over 2%, a small step back from the brink of a bear market, … Read more
Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off of Thursday’s washout lows and were set to exit the week with reduced losses after Friday’s rally. Buyers on Friday hunted for bargains among small caps, biotechnology names, the … Read more
Traders on the floor of the NYSE, May 13, 2022. Brendan McDermid | Reuters Anxiety and trauma sufferers are sometimes asked to define a hierarchy of fears that trigger distress so they might be managed. An anxious Wall Street faces a litany of fears right now that have shadowed the broad market on its way … Read more
Ark Invest’s Cathie Wood said Tuesday the US economy will start deteriorating as the Federal Reserve’s aggressive tightening goes on.
The purchase – valued at more than $ 6 million – was through the ARK Autonomous Tech. & Robotics ETF.
The market gives certain indicators to show it has found its footing. Be wary. False signals abound.
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a Twitter thread, arguing that passive investments … Read more
The ARK Invest CEO worries names in her portfolio could be snapped up in a bid like Elon Musk with Twitter.
Ark Invest’s Cathie Wood continues to bet on Teladoc even as its stock plummets.