FOMO, or the "fear of missing out," is a well-known social-media phenomenon. Now, one investment strategist says she is OMO -- "OK missing out" -- when it comes to this year's stock market rally because she's nervous about earnings and how high prices have gotten."You need growth to surprise to the upside," Biel says. "If not, high multiples can get compressed, and that can happen quickly. Investors will run for the exits.". And growth is what corporations need to deliver when they report first-quarter earnings and guidance for the rest of the year.It's put up or shut up time. Anthony Saglimbene, chief market strategist at Ameriprise Financial, says he's unsure whether consumers and corporate customers can continue to spend enough to support broader earnings growth. Overall inflation may be receding -- or not -- but many Americans still fee
Yikes... Isn't Cathy selling at a huge lost at these prices??
Coinbase Stock Drops 4% as ARK Invest Sells $90M Worth of Coinbase Shares
ARK Invest, a prominent investment firm led by Cathie Wood, sold nearly half a million shares of Coinbase Global for roughly $90 million last Friday. This move comes despite positive analyst sentiment following Coinbase's stronger-than-expected fourth-quarter results.ARK, one of Coinbase's largest institutional backers, shed shares across its various exchange-traded funds : 397,924 from ARKK, 45,433 from ARKW, and 55,792 from ARKF. This brings the total number of shares sold to 499,149.This decision appears to contradict the bullish outlook from several analysts following Coinbase's earnings report. The stock surged nearly 27% last week, fueled by upbeat financial results. KBW upgraded the stock to "market perform" and raised its price target, while analysts at Wedbush, Canaccord Genuity, and JMP Securities also adjusted their targets upwards.However, not all analysts shared the optimism. JPMorgan criticized Coinbase for its lack of transparency regarding the impact of spot Bitcoin ET
I'm quite sure we will see a pull back soon before moving up again
Stocks Are at Records, but Are They Expensive? These Models Have an Answer
Stocks are setting repeated highs, reigniting a perennial debate among investors about whether they are too expensive.The S&P 500 has climbed 5.4% to start 2024 and closed above 5000 for the first time Friday, its 10th record of the year. The Dow Jones Industrial Average has risen 2.6%, setting 11 records along the way.When trying to gauge whether a stock or index appears cheap or pricey, strategists recommend that investors use a combination of metrics, along with weighing the economic conditions, the overall financial health of a company and the industry's record. Investors are typically willing to pay more for companies they anticipate will expand rapidly than those whose growth prospects are more limited.Rising earnings are typically the most dependable fuel for sustained stock-price gains. During periods when stocks climb at a significantly faster rate than corporate earnings, concerns about a bubble often mount. Last year, for example, the S&P 500 rose 24%, yet profits were relat
The Market's Biggest Week Of The Year Is Already Here
This is a big question for debate and may ultimately also have a big say in where rates on the long end of the Treasury curve go, and in some regards, may even decide when and by how much the Fed plans to slow QT. How important will this announcement be?Well, all one needs to do is go back to November 1 to see what happened to the Treasury curve in the aftermath of the months after the announcement. On the morning of N