(Bloomberg) — The Nasdaq Composite Index tumbled into an ominous “death cross” technical formation Friday morning for the first time since April 2020, when the pandemic battered the global economy and U.S. equity markets swooned. The index has shed 15% since touching a record high on Nov. 19. The pattern, which is used by some […]
Read More(Bloomberg) — Big tech fell out of favor with some of the world’s wealthiest investors last quarter. Stanley Druckenmiller’s Duquesne Family Office sold its $35.9 million position in Facebook parent Meta Platforms Inc. before its 26% dive earlier this month, while George Soros’s family office, Soros Fund Management, winnowed its stakes in Amazon.com Inc., Alphabet […]
Read MoreI love movies. I love them so much that I often find myself recalling the sound bites from many of them whenever they seem to fit some aspect of life. One of my favorite movies is “The Man from Snowy River,” and one of my favorite sound bites from that film comes early in the […]
Read MoreThere are a lot of ways that analysts and investing firms have learned to categorize publicly traded companies. Sector and industry breakdowns are really just the start; depending on the service you may use, you may be able to sift through and group the tens of thousands of available stocks based on every kind and […]
Read More“Uncertainty” is a good way to describe market conditions since the start of the new year. Massive spikes in COVID infections late in 2021 from the omicron variant have also given way to big increases in hospitalizations, which means that pressure on our medical system continues to strain healthcare workers and first responders to their […]
Read More(Bloomberg) — A slew of better-than-expected earnings from technology companies after an ugly stock market selloff has made valuations in the sector a bit more appealing, luring in dip buyers ahead of another crucial week of the results season. The Nasdaq 100 index is extending gains from Friday’s rally, showing that investors are willing to […]
Read MoreTranscat, Inc. (TRNS) Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates in two segments, Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. Optical Cable Corporation (OCC) Optical Cable Corporation, together with its subsidiaries, manufactures and […]
Read MoreOne of the big challenges for average investors is sifting through the mountains of information that comes from the market on a daily basis. I think that may be the biggest reason that so many investors have learned over the course of decades of market activity to rely on analyst estimates for a company’s future […]
Read MoreCisco Systems Inc. (CSCO) is one of the most recognizable and established companies in the Technology sector. With a market cap of about $245 billion, they are also one of the largest, if not THE largest player in the Networking & Communications segment. They are, without question, the standard that all other networking businesses are […]
Read More(Bloomberg) — Bulls should be glad there were only four days this week instead of five. To wit, the Nasdaq 100 just did something it hasn’t done since the aftermath of the internet bubble: fall more than 1% in every session of a week. It doesn’t count as a superlative because Monday was a holiday. […]
Read MoreTrouble has been brewing for technology stocks as the Federal Reserve aims to end the emergency accommodation that extends back to the COVID-19 crisis of 2020, in a hawkish pivot toward tightening its monetary policy amid hot inflation, according to a Deutsche Bank note. This year has been “a perfect negative storm for tech,” Deutsche […]
Read MoreThe Technology sector has been a bright spot throughout the past two years, and one of the big reasons that I think the economy has shown to be pretty resilient during the COVID-19 pandemic. One of the reasons the sector has led the market for most of that time is because so much of the […]
Read MoreStocks in the Technology sector get a lot of attention and buzz from investors, analysts and talking heads alike no matter the time of year or current status of the economy. I think that a big reason comes from the reality that progress and evolution in just about every other sector of the economy is, […]
Read More(Bloomberg) — The stocks of U.S. technology companies are seeing the worst start to a year since 2016 as fears about runaway inflation imperil the heady valuations left by the market’s run up over the past few years. Following multiple failed attempts this week to rally back strongly, investors remain hesitant to plow heavily back […]
Read MoreIllustration by Federico Gastaldi Technology has managed to replace business trips, visits to the gym, and in-person shopping. But for anyone who has dealt with a leaky faucet or overgrown tree, the Covid era has been another reminder: Good help is hard to find. Angi (ticker: ANGI) has spent the past 25 years trying to […]
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