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March 13, 2021
The weeks bullish calls included electric vehicle makers and the king of e-commerce. Some so-called meme stocks highlight the bearish calls that were seen. We are about a year out from the markets pandemic plunge, which was followed by a recovery that Wall Street historians will no doubt be studying for years. In the past week, optimism on the vaccine roll-out and the newly inked stimulus package has been offset by fears of inflation, which have weighed on tech and growth stocks especially. The...
March 6, 2021
The weeks bullish calls included an entertainment giant, a rising cloud play and a semiconductor maker. The electric vehicle leader and a big-box retailer were among the bearish calls that were seen. The Dow Jones industrials and S&P 500 managed to end a turbulent first week of March marginally higher, while the Nasdaq pulled back about 2%. Strength in the February jobs numbers was offset by rising Treasury yields and Federal Reserve concerns about inflation. In some corners, there were signs o...
February 28, 2021
Benzinga has examined the prospects for many investor favorite stocks over the past week. The weeks bullish calls included the iPhone maker, the leading electric vehicle maker and a couple of reopening plays. Cruise and solar stocks, as well as retailers, were among the bearish calls that were seen. The big U.S. indexes ended this past week in the red, led by the nearly 5% pullback in the Nasdaq. While the Federal Reserve said it wouldnt raise rates, the 10-year Treasury rose above 1.5% for th...
February 20, 2021
Benzinga has examined the prospects for many investor favorite stocks over the past week. The weeks bullish calls included a rebounding entertainment giant, a well-positioned homebuilder and a retail giant with prospects. An EV maker facing softening demand and a couple of overvalued stocks were among the bearish calls seen. The Dow Jones industrial average and the S&P 500 ended the past week more or less flat, while the Nasdaq slipped less than 2%. It was a week that started with a major wint...
February 6, 2021
The weeks bullish calls included the e-commerce, electric vehicle and online sports betting leaders. A COVID-19 vaccine maker and a struggling retailer were among the bearish calls seen. February started strong in the markets. Though the past week remained somewhat volatile, the three big U.S. indexes managed to post handy gains, led by the 6% or so rise in the Nasdaq. Hope for additional stimulus and a little improvement in the unemployment rate no doubt helped. Perhaps the weeks biggest surpr...
January 30, 2021
The weeks bullish calls included tech giants and an aerospace turnaround play. Electric vehicle and video streaming leaders were among the bearish calls seen. The three big U.S. indexes ended the week handily lower, led by the Nasdaqs more than 3% pullback. However, the Nasdaq still was up more than 5% for the first month of the year, while the Dow Jones industrials were only fractionally higher year to date and the S&P 500 landed in between them. Tech giants took their turns in the earnings sp...
January 23, 2021
The weeks bullish calls included aerospace, automaker and pharmaceutical giants. A leading semiconductor maker and a struggling retailer were among the bearish calls. In a week when much of the nations attention was on the inauguration of the new president, the main U.S. indexes saw gains, led by the Nasdaqs more than 4% rise. The new administration came out swinging, and it seemed the markets were optimistic. One tech giant even offered to lend a hand to the administration. Meanwhile, earnings...
January 16, 2021
The weeks bullish calls included the electric vehicle leader and a recovering retailer. A ride-sharing company and a semiconductor maker were among the bearish calls. As the fourth-quarter earnings reporting season got underway last week, the major U.S. indexes lost a little ground. The Dow Jones industrial average concluded the week down about 1%, and the S&P 500 and Nasdaq retreated a little more. Of course, much of the attention during the week was focused on the political drama in Washingto...
December 19, 2020
The weeks bullish calls included an oil supermajor and cloud stocks. A top electric vehicle maker and a COVID-19 vaccine play were among the bearish calls. The U.S. approval of a second COVID-19 vaccine helped the big U.S. indexes end the past week marginally higher, led by an almost 3% gain in the Nasdaq. This despite word of a major cyberattack on U.S. federal agencies and some companies. Last week also saw the latest from the Federal Reserve, Bitcoin surging to new record levels and a major ...