Photo by Steve Johnson on Unsplash Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.This week, Tracey was joined by Zacks Senior Strategist, Kevin Cook, to look at what companies are benefiting from the AI revolution, besides NVIDIA. Sure, NVIDIA is selling a lot of chips. But those chips are going into hundreds of data centers, with more on the way.Who will build the data centers? Cool them? Fit them out with racks for the chips?There are a bunch of companies that stand to benefit from the AI revolution.Do yo...
Image Source: Pexels When stock markets rise, the bullish narrative tends to dominate, overlooking the potential impact of market declines. This oversight stems from two main problems: a basic misunderstanding of math and time’s critical role in investing. Every year, I receive the following chart as a counterargument when discussing the importance of managing risk during a portfolio’s life cycle. The chart shows that while the average bull market advance is 149%, the average bear market decline is just -32%.So, why bother managing risk when markets rise 4.7x more over the long term than they fall? As with any long-term analysis, one sho...
Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 01:14:22More By This Author:AskSlim Market Week – Friday, Sept 6AskSlim Market Week – Friday, Aug. 23AskSlim Market Week – Friday, Aug. 9...
Apple (AAPL) released the public beta versions of iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1 yesterday, making its Apple Intelligence platform available to users enrolled in the beta program. This generative AI-driven system has been in development since June and is now accessible in the U.S., though it remains unavailable in the European Union and China due to regulatory challenges. Users with an iPhone 15 Pro, iPhone 15 Pro Max, or the newly-launched iPhone 16 models in the U.S. can access these features.Key updates include writing tools integrated across Apple’s platforms, allowing users to perform AI-assisted tasks like proofreading,...
Image Source: Pixabay The Federal Reserve kicked off the new rate cycle era, infusing strong optimism into the stock market. The S&P 500 and the Dow Jones hit new all-time highs and topped 5,700 and 42,000 milestones, respectively, for the first time on Thursday. The S&P 500 and Dow Jones rose 1.7% and 1.3%, respectively. The Nasdaq Composite Index outperformed, rising 2.5%. While the gains were broad-based, the technology sector was the biggest gainer. We have highlighted five ETFs from the sector that were at the forefront of the Fed-induced rally. These are First Trust NASDAQ Semiconductor ETF (FTXL – Free Report) , Va...
Image Source: Pexels The FOMC meeting and press conference for September was projected to be a dovish one. Fed Chair Powell was expected to cut rates by 50 bps. The preponderance of Wall Street lackeys were busy begging for a series of immediate and deep reductions in borrowing costs. Some in D.C., like Senator Elizabeth Warren, were obsequiously begging for 75 bps in cuts in a thinly veiled attempt to keep a Democrat in the White House. Well, Mr. Powell didn’t disappoint. He began his first rate cut in four years with a 50 bp cut. Thus proving that he is ignorant to the damage already done to the middle class by the level of prices. In c...
Image courtesy of 123rf.com On Friday, Michael Saylor’s MicroStrategy acquired another batch of bitcoins. This time, MicroStrategy’s Bitcoin reserves increased by 7,420 BTC bought at $458.2 million, or ~$61,740 per BTC. This puts the company’s Bitcoin holdings at a total of 252,220 BTC, worth nearly $10 billion at an average price of $39,266 per BTC.Year-to-date, Bitcoin gained 42% value, presently priced at $62,875, which is already above MicroStrategy’s latest acquisition price. In the same period, MSTR stock gained 110% in value. As a clear proxy to Bitcoin exposure, investors see MicroStrategy as a leveraged fee-less option inste...
COTTON General Comments: Cotton was lower again yesterday on ideas that the Monday rally was overdone and reports of increased farm selling. There are still ideas of weaker demand potential against an outlook for improved US production in the coming year. There have been demand concerns about Bangladesh and China and ideas are that production is strong enough. The Delta should have the best looking crops right now even after some very hot weather recently and now some big rains moving through the region, but crops in other areas are more suspect. Texas and the Southeast have seen some extreme heat so far this year, and Texas has also seen dry...
Image Source: Unsplash After the Federal Reserve cut interest rates by 50 basis points, the markets rallied strongly on the event. The S&P 500 posted a new all-time high, and Bitcoin (BTC) surged more than $4,000. Will BTC now follow U.S. stocks and make its own all-time high? Further potential growth across all markets After the first Federal Reserve rate cut in 4 years, markets have reacted with relief. The S&P 500 shot through $5,700, and the Nasdaq has improved 2.6%. At the same time, BTC briefly touched $64,000 on Friday, before settling back under this resistance level.With potentially another three U.S. rate cuts before the ...
Image Source: Unsplash Gold’s reaction to the most-dovish Fed decision in years proved lackluster. Plenty of traders thought gold would surge after an outsized rate cut birthing a new cutting cycle. And with top Fed officials projecting many more cuts, it is going to be big. Gold did rally initially on that revelation, but quickly reversed into a larger intraday loss. Fed rate cuts are bullish for gold, but speculators’ gold-futures positioning is overextended.On the eve of this latest Federal Open Market Committee decision, gold closed at $2,568 just off the prior day’s latest nominal record high of $2,582. Heading into Wednesday’s ...