The S & P 500 and the Dow Jones Industrial Average pressed higher this holiday-shortened week, as the Nasdaq Composite pulled back slightly — the action that shows a broadening out of demand for stocks outside of the mega-caps with exposure to the generative AI mania. It also likely reflects some end-of-quarter rebalancing activity as … Read more
CNBC’s Jim Cramer on Thursday guided investors through next week’s Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney’s annual shareholder meeting, where its long and arduous proxy fight will come to a head. “In my view, the market’s now well-prepared for a hot employment number, so if the labor … Read more
It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one of the most astonishing and satisfying I have seen in 43 years of investing. In nine weeks, we blew through price targets on so many … Read more
