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TLT and VGLT ETFs shed billions as US public debt nears $39 trillion

Wall Street investors are getting jittery as the US public debt surges in an uncontrollable manner and the rising 30-year yield. The popular iShares 20+ Year Treasury Bond ETF (TLT) has shed over $5 billion this year, while the Vanguard Long-Term Treasury ETF (VGLT) has lost over $110 million this year.  TLT and VGLT ETFs… Continue reading TLT and VGLT ETFs shed billions as US public debt nears $39 trillion

Here’s why Nio stock may jump 20% to $8 in this bull run

Nio stock price is firing on all cylinders as other popular companies like Tesla and Rivian stumble. It jumped to a high of $6.50 on Monday, its highest point since November 11 last year and 51% above its lowest point in February   New vehicle launch and growth momentum fuel growth  Nio stock price has been… Continue reading Here’s why Nio stock may jump 20% to $8 in this bull run

Intel stock is in a parabolic move, and a rare pattern points to a surge to $82

Intel stock price has staged a strong comeback this year and is now hovering near its all-time high. It soared to $62.40, up by over 245% from its lowest level last year, bringing its market capitalization to over $313 billion. Intel stock has soared as numerous catalysts converged INTC stock has rebounded in the past… Continue reading Intel stock is in a parabolic move, and a rare pattern points to a surge to $82

US-Iran peace talks fail: what’s next for VanEck Semiconductor ETF (SMH)

The VanEck Semiconductor ETF (SMH) is in sharp focus on Apr. 13 after the high-stakes US-Iran peace talks collapsed, dashing hopes of a diplomatic resolution in the Middle East. SMH is now flashing technical caution as its relative strength index (RSI) hovers in the late 60s, a level that suggests the asset is rapidly approaching… Continue reading US-Iran peace talks fail: what’s next for VanEck Semiconductor ETF (SMH)

Dow Jones sinks 360 points as Iran talks collapse, oil surge rattles markets

US stocks fell sharply on Monday, starting the week on a weak note as investors reacted to the collapse of US-Iran weekend talks and a surge in oil prices following fresh military developments in the Strait of Hormuz. The Dow Jones Industrial Average dropped 368 points, while the S&P 500 fell around 0.32%, and the… Continue reading Dow Jones sinks 360 points as Iran talks collapse, oil surge rattles markets

Palantir stock rebounds as Cathie Wood buys, Trump backs AI firm

Shares of Palantir Technologies rose in early trading on Monday, rebounding after a recent selloff as high-profile support from investors and political figures helped lift sentiment. The stock gained about 2.49% before the bell, trading near $131, even as broader market futures pointed lower amid geopolitical tensions. The move higher follows a difficult stretch for… Continue reading Palantir stock rebounds as Cathie Wood buys, Trump backs AI firm

Why is Goldman Sachs stock falling despite blowout earnings?

Shares of Goldman Sachs fell more than 4% in premarket trading despite the Wall Street giant reporting a strong first-quarter performance, as investors focused on weaknesses in parts of its business and a more uncertain outlook. The bank said profit rose 19% in the first quarter, supported by a rebound in dealmaking and heightened market… Continue reading Why is Goldman Sachs stock falling despite blowout earnings?