Stay updated with breaking news from Peter Cecchini. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Amateur online traders fueled by discussions on Reddit sent shares of a struggling video game retailer flying Wednesday, a moment that is underscoring the divorce between the skyrocketing values of companies and the pain in the real economy.
Drew Angerer/Getty Images Investors should sell their long positions in stocks as the market is 'wildly overvalued,' AlphaOmega Advisors' Pete...
» 'Wildly overvalued': A former Wall Street chief strategist says it's time for stock bulls to sell their holdings - and warns of a particularly vicious comeuppance for small-caps 'Wildly overvalued': A former Wall Street chief strategist says it's time for stock bulls to sell their holdings - and warns of a particularly vicious comeuppance for small-caps Matthew FoxJan 10, 2021, 20:23 IST Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange (NYSE)Drew Angerer/Getty Images Investors should sell their long positions in stocks as the ma...
Dizzying Valuations, IPO Craze Tick Boxes on Bubble Checklist Jan 04 2021, 7:34 PM January 03 2021, 2:30 AM January 04 2021, 7:34 PM (Bloomberg) -- The IPO market is manic. Stocks havenât been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated -- all while volatility remains stubbornly high. (Bloomberg) -- The IPO market is manic. Stocks havenât been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated -- all while volatility remains stubbornly high. Itâs a setup th...