Markets will see a ‘year for non-consensus’ in 2024, strategist says

Markets will see a ‘year for non-consensus’ in 2024, strategist says

Traders work on the floor of the New York Stock Exchange. NYSE Stocks could be in for a rough year while the U.S. 10-year Treasury yield is set to jump back above 5% in what may become a “year for non-consensus,” according to one technical strategist. The S&P 500 finished 2023 up 24.23% after a … Read more

Investors are bullish on Asia in 2024. Here’s what to look out for

Investors are bullish on Asia in 2024. Here’s what to look out for

A screen displays the Nikkei 225 Stock Average figure at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Oct. 30, 2023. The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central … Read more

Why own Apple stock when there are no near-term catalysts? Here are 3 key reasons

Why own Apple stock when there are no near-term catalysts? Here are 3 key reasons

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: I joined the Club this summer … Read more

3 things to watch in the market in the first week of trading for 2024

3 things to watch in the market in the first week of trading for 2024

Another trading year is officially in the books. The S & P 500 ended the year with nine straight weeks of gains and was just short of an all-time high. The broad market index posted a return of 24.2% for the year. The Dow Jones Industrial notched a 13.7% increase, while the Nasdaq was the … Read more

Palo Alto Networks hitting $100 billion in market cap is the beginning

Palo Alto Networks hitting 0 billion in market cap is the beginning

Palo Alto Networks this month became the first cybersecurity company to eclipse $100 billion in market value. We believe it can get plenty bigger. On Dec. 14, it traded above market cap milestone for the first time when shares hit an all-time intraday high of $318 each. The stock has yet to close above that … Read more

Only 2 are in the Magnificent Seven

Only 2 are in the Magnificent Seven

It was a big rebound year for stocks. The S & P 500 gained 24%, while the Dow rose 14% and the tech-heavy Nasdaq rose more than 43%. All three major averages were coming off big losses in 2022. Our portfolio of 33 stocks also bounced back. Throughout the year, we held onto our conviction … Read more

Oil prices to end year 10% lower, first annual decline since 2020

Oil prices to end year 10% lower, first annual decline since 2020

A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023.  Al Drago | Bloomberg | Getty Images Oil prices are on pace to close out the year about 10% lower as bearish sentiment has taken over due to worries that the market is oversupplied from record production … Read more

investors prepare for the new year ahead

investors prepare for the new year ahead

U.S. Treasury yields were higher on Friday as investor attention remained focused on the path ahead for the economy and monetary policy. The yield on the 10-year Treasury was up over 3 basis points at 3.881%. The 2-year Treasury yield was last around 2 basis points higher at 4.297%. Yields and prices move in opposite … Read more

Nvidia has tripled this year. Cramer says the stock is still too cheap

Nvidia has tripled this year. Cramer says the stock is still too cheap

Nvidia — the star of the S & P 500 in 2023 — enters 2024 even cheaper than it was a year ago. Shares of the chipmaker, which more than tripled this year, are now valued at roughly 25 times forward earnings, down from 34 at the end of 2022, according to FactSet data. The … Read more

Russia pummels Ukraine with ‘massive’ wave of airstrikes; 16 reported killed

Russia pummels Ukraine with ‘massive’ wave of airstrikes; 16 reported killed

An aerial view of a destroyed building after Russian strikes hit the city center in Dnipro, Ukraine on December 29, 2023. A mall, maternity hospital and many other buildings were damaged in the attack. Anadolu | Anadolu | Getty Images Russia on Friday launched one of its worst aerial attacks on Ukraine since the start … Read more