Key Points Vanguard’s S&P 500 ETF (NYSEMKT: VOO), the world’s largest S&P 500 (SNPINDEX: ^GSPC) exchange-traded fund (ETF), hit an all-time intraday high of $716.39 per share on Aug. 13. It’s pulled back slightly since then, but it’s still risen 12% year-to-date. VOO is usually considered a safe way to passively invest in the stock … Read more
September Is Wall Street’s Worst Month. Here’s Why You Shouldn’t Worry
Russ Cohen
I’ll explain why September has earned its bad reputation on Wall Street and I’ll also tell you why I believe any weakness could create some compelling opportunities Listen to the audio version of this article (generated by AI). We all know the feeling when September comes around. It’s back-to-school time. If you ever read the Peanuts … Read more
Is This Market About to Roll Over?
Russ Cohen
The worst month for stocks opens in the red… fresh attacks in the Middle East… why Louis is rooting for a weak jobs report… the Chinese bots behind the data-center backlash… two questions that Eric Fry asks to find “powerful” stocks As I write on Tuesday, the first day of September, stocks are solidly in … Read more
Warsh Puts a Rate Hike Back in Play
Listen to the audio version of this article (generated by AI). Warsh’s hawkish Jackson Hole comments… why the AI trade may take it in stride… a new flareup in the Middle East… the Canada trade-war headlines to look past… and the plays underneath them Two weeks ago, we told you not to expect Fed Chair … Read more
Prediction: Tesla Stock Will Plummet Below $100 if the S&P 500 Enters a Bear Market
Key Points Tesla stock trades at a sky-high price-to-earnings ratio of 321, making it 12 times as expensive as the S&P 500 average. The S&P itself could be vulnerable to a sharp sell-off due to its own elevated valuation, which could send Tesla stock plunging to $100 (or less). Tesla’s electric vehicle business is recovering … Read more
Where the Smart Money Is Moving Next in the AI Boom
Listen to the audio version of this article (generated by AI). Every quarter, Wall Street looks closely at NVIDIA Corporation’s (NVDA) latest results for clues about where the artificial intelligence boom may be headed next. And on the latest earnings call, the company revealed something that caught my attention. Higher memory costs are reportedly forcing … Read more