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Barstool Sports founder Portnoy urges amateur investors to trust their gut, ignore Wall Street 'suits'
Inexperienced investors should be willing to trust their instincts rather than relying solely on advice from Wall Street, Barstool Sports founder Dave Portnoy told “Making Money” Monday....
The Stock Market's New Normal
Monday's strange price action looks as though the market shrugged off the stimulus money in some areas yet not others. While there are many factors at play, the most notable shift is in big tech, which continues to show weakness....
Mornings With Maria: Heightened Interest Rates & Inflation Concerns
ETF Trends' CEO, Tom Lydon, takes a look at the markets after last week's hit on Nasdaq and what this means with interest rates increasing on Fox Business' “Mornings with Maria,” with host Maria Bartiromo. It's “a bit of a pain,” Lydon explains, given the exceptional run last year....
'Significant long-term scarring' in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts
Economist Stephen Roach said Monday that Wall Street is overestimating a consumer demand comeback....
Dow futures rise, extending Monday's 300 point rally
On Monday, the Dow Jones Industrial Average rallied more than 300 points on investor optimism about the economic comeback from the pandemic....
Value Screeners Identify Opportunities for March
On Monday, a day where stock markets surged on the heels of new Covid-19 stimulus plan approval, GuruFocus' value screeners identified a wide range of investing opportunities across the globe....
Which Segments to Bet On as U.S. Economy Rebounds
Picking stocks is easier when you narrow down the search to the most attractive segments....
Nasdaq's Slide Passes 10% as Investors Keep Selling Tech's Highfliers
The decline in the index since early February meets the traditional definition of a correction, but old-line companies like IBM and Oracle are rising....
Dow climbs on stimulus package passage, big tech continues to struggle
4:15pm: Stimulus drives renewed optimism but not for tech The Dow ended Monday up 306 points, nearly 1%, at 31,802. The S&P 500 snuck into the red just before the close, losing 21 points, 0.5%, to 3,821, and the Nasdaq bled 311 points, 2.4%, to finish at 12,609....
It's official: Nasdaq in a correction, with 10% fall from Feb. record close
The Nasdaq's retreat from its all-time highs last month is now officially considered a correction in a bull market....
Tech stocks resume skid as stimulus progress sparks next stage of value rotation
US stocks were mixed on Monday, with the Dow Jones industrial average up over 300 points while the Nasdaq composite continued its slide after the Senate's approval of a massive new relief package kicked off a new phase of the market-wide value rotation. Senators voted along party lines on Saturday to push a $1.9 trillion stimulus plan closer to President Joe Biden's desk. The package is expected to receive a final House vote later this week, giving Democrats time to enact an expansion to federal unemployment benefits before the current boost expires on March 14. The package also includes $1,400 direct payments, aid for state and local governments, and funding for vaccine distribution....
Dow ends up over 300 points, but Nasdaq tumbles 2.4% amid tech selloff
Dow ends up over 300 points, but Nasdaq tumbles 2.4% amid tech selloff...
The SPAC Investment That Bill Gates, Peyton Manning Have In Common
A company that uses artificial intelligence and data science to keep visitors safe with touchless screening is going public in a SPAC deal announced Monday. The SPAC Deal: Evolv Technology is going public in a SPAC merger with NewHold Investment Corp (NASDAQ: NHIC) valuing the company at $1.3 billion....
SPAC activity may be peaking right now and will slow for the rest of 2021, JPMorgan says
The end of the SPAC mania could be near, according to JPMorgan. In a Friday note a team of quantitative strategists led by Nikolaos Panigirtzoglou said that the pace of SPAC activity in 2021 is indicating the current SPAC cycle may be ending soon. "This year's acceleration in SPAC activity has been so strong that [it] is more reminiscent of a peak rather than the beginning or middle of a boom SPAC cycle. This is especially true if one looks at the recent performance of SPACs," the strategists wrote. In just 2021 alone, there have been 248 SPAC IPOs, according to SpacInsider. However, according to JPMorgan and Bloomberg data, the performance of SPACs has disappointed in the last month....
Cathie Wood says the underlying bull market is strengthening, will benefit Ark's strategy over time
Ark Invest founder and CEO Cathie Wood spoke on CNBC's "Closing Bell" on Monday....
Rising interest rates are usually bullish for stocks when these 3 factors are met, according to LPL
A sudden spike in interest rates has accelerated the internal leadership change of the stock market over the past month, with high-growth technology stocks underperforming relative to more value-oriented sectors like energy and financials. But rising interest rates have historically been accompanied by rising stock prices, especially when an improving economic growth outlook is part of what's driving rates higher, according to an analysis from LPL Financial....
Dow crosses 32,000 to all-time high after Senate clears stimulus bill
The Dow Jones industrial average crossed the 32,000 mark for the first time to hit a record high after the Senate cleared a stimulus bill to boost the economy's recovery from the coronavirus crisis. The blue-chip index climbed more than 2 percent, or 651.74 points, on Monday to an intraday record of 32,148.04 following the....
The Tell: 7 reasons to buy stock-market dips even as yields rise, says Fundstrat's Tom Lee
Volatility is the name of the game in March and knowing how best to play those dips may be the name of the game in 2021....
The recent sell-off has taken the 'frothiness' out of SPACs and has made mega-cap tech stocks look more attractive, Bespoke Investment says
The recent slide in stocks has wiped out the "frothiness" in some of Wall Street's hottest spots, said market research provider Bespoke Investment Group. The firm also said its analysts see some mega-caps as trading at "attractive" entry points following last week's market sell-off. Major US stock indexes have been knocked back as investors price in expectations for economic growth and higher inflation as the world's largest economy recovers from the COVID-19 pandemic. Some Treasury yields, notably the 10-year yield which influences a range of lending programs, have been quickly pushed higher. This has triggered a selloff, particularly in technology stocks whose values have run higher since hitting a bear-market low in late-March 2020....
Market Extra: Dollar bottom or bear-market bounce? Here's what traders are watching
The all-important U.S. dollar is pushing higher against major rivals as Treasury yields rise....
The Quality Closed-End Fund Report, February 2021
Only funds with coverage >100% are considered....
Wall Street cheers Biden's Covid-19 relief package, which aims to bolster the US economy
The Dow surged more than 600 points on Monday as investors cheered the Senate's passage of a Covid-19 relief package that aims to bolster the US economy....
Inflation: Catalysts And Consequences
Money can be created in two ways; the traditional means via commercial bank lending or via direct monetization of newly issued federal debt. History suggests that paradigm shifts are quite often reinforced by political shifts....
Why Is the Nasdaq Still Falling on Monday?
Even as the rest of the market soared, Nasdaq stocks can't catch a break....
A Stronger Dollar Could Be The Nail In The Stock Market's Coffin
The dollar is surging once again and could have much further to climb. The dollar is rising, thanks to rising interest rates....
Get A Dog
In the midst of all its gyrations, the S&P 500 managed to finish in the black for the week. Cathie Wood and ARK have held up so far but there is a long road ahead for her....
3 reasons why the correction in tech stocks has further to run, according to Morgan Stanley's top US equity strategist
The swift decline in technology stocks over the past month likely has further room to the downside, Mike Wilson, Morgan Stanley's chief US equity strategist, said in a recent client note. Since its peak on February 16, the Nasdaq 100 has declined by more than 10% even as a constant stream of good news hit investors. Vaccinations for COVID-19 continue to surge, daily COVID-19 cases have collapsed since the January peak, and Congress is on the verge of passing a $1.9 trillion stimulus package....
Dow adds 600 points to intraday record, tech struggles continue to drag Nasdaq
12:48pm: Dow, Nasdaq headed in opposite directions The Dow was up 605 points, 1.9%, at 32,101 at midday, and the S&P 500 picked up 36 points, almost 1%, to 3,878 points. The Nasdaq, meanwhile, fell 57 points, 0.5%, to 12,861....
The InvestorPlace Q&A: Minimize Risk by Investing in the ProShares High Yield–Interest Rate Hedged Fund
If you're looking to diversify your portfolio while involving minimal risk, consider investing in HYHG -- ProShares High Yield--Interest Rate Hedged fund. The post The InvestorPlace Q&A: Minimize Risk by Investing in the ProShares High Yield–Interest Rate Hedged Fund appeared first on InvestorPlace....
David Tepper Is Becoming Bullish on Stocks
After cautioning a year ago that the Covid-19 virus could be a game changer for markets, billionaire investor David Tepper (Trades, Portfolio) said it is difficult to be bearish on stocks right now....
US growth prospects may overtake investor risk appetite as the biggest factor driving the dollar, says HSBC
The US dollar immediately jumped after Friday's blowout US jobs report for February. HSBC says that the move suggests prospects for US economic growth -- or a theme of "US exceptionalism" -- rather than risk appetite, are beginning to gain influence over the direction of the greenback. Risk appetite, or RORO, -- the investment bank's shorthand for "risk on-risk off" -- was the dominant influence over the dollar throughout 2020, leaving the safe-haven greenback down relative to other currencies. But the battle during 2021 has turned "finely balanced" following hints that the US exceptionalism theme that stokes dollar buying and strength appeared to be growing in sway....
Market Extra: The stock rotation took a breather in February, ETF flows show
Investors put money to work in sectors likely to benefit from the ongoing cyclical rotation in February, but far more into what's often considered one of the safest bets --- funds tracking the S&P 500....
How To Position For The Stimulus Package
We examined asset performance in the 3 months after the 5 largest stimulus packages from the last 20 years (2001, 2008, 2009, 2017, 2020). The S&P 500 index typically dips initially, followed by a rally....
A Consumer Spending Boom Is Coming. These Stocks Will Benefit the Most.
The strongest consumer stock backdrop in decades may be around the corner, according to Jefferies analysts....
Market Report: A Pullback That's Largely Driven By Tech And Growth Stocks
Last week saw a wide divergence in the stock market. Sectors that exploded higher after March 2020 (e.g. tech, IPOs, growth stocks) saw sharp drawdowns while sectors that lagged significantly are catching up....
U.S. wholesale stocks rise solidly; inventories-to-sales ratio lowest in six years
U.S. wholesale inventories increased solidly in January even as sales surged and it is taking wholesalers the shortest time in six years to clear shelves, a sign of strengthening demand that aligns with expectations for faster economic growth this year....
Stocks recover after David Tepper shrugs off bond-market turmoil
US stocks bounced Monday after billionaire hedge-fund titan David Tepper appeared to shrug off recent turmoil in the bond market, which has been linked to concerns that increased federal stimulus spending will spur inflation. The Dow Jones industrial average climbed as much as 420.81 points, or about 1.3 percent, to 31,917.11 in early trading as....
Bond Report: 10-year Treasury briefly surges past 1.6% as $1.9 billion relief bill nears
The 10-year Treasury note on Monday sees a pick up in selling, pushing the yield on the benchmark debt to its highest level in more than a year, after the Senate over the weekend approved the Biden administration's $1.9 trillion COVID-19 relief bill, moving the package closer to reality....
Stock Market Reversal Give Bulls Renewed Energy
The major stock market indices held key price support levels late last week leading to a reversal higher into week's end. Stock market bulls hope to build on that reversal this week....
Billionaire David Tepper bullish on stocks, sees rising rates stabilize: CNBC
Hedge fund manager David Tepper said it is difficult to be bearish on stocks at present and the recent selloff in U.S. Treasuries that drove up interest rates is over, CNBC reported on Monday, citing an interview with the billionaire....
House prepares to pass $1.9 trillion Covid relief bill on Tuesday, and Biden is expected to sign it this week
President Biden is expected to sign the $1.9 trillion Covid relief bill this week, and stimulus checks are set to go out starting this month....
Five IPOs In The Week Ahead
This week's schedule consists of five IPOs and one direct listing. E-commerce South Korea's answer to Amazon (NASDAQ: AMZN), the giant Coupang (NYSE: CPNG) plans to raise $3.4 billion at a $51.0 billion market cap....
The Market Is Cheering Publishing Giant Pearson's New Strategy. Here's Why.
Pearson's CEO, a former Disney exec, has a new plan to focus on direct-to-consumer sales and virtual learning....
Why Tech Stocks Are Due to Come Roaring Back
The recent volatility in hypergrowth, innovative companies is temporary. Here's why your favorite stocks to buy will come roaring back....
Media: 'Sell, It's A Market-Top'; MMs: 'Look Again, At What We See'
The Market-Makers [MMs] fill huge-volume block trade orders placed by big-$ "institutional" funds that are adjusting their multi-billion-dollar stock portfolios. Guess which trade orders are likely to move market prices in the next 2-3 months, our odd-lots or their orders?...
The World Of Closed-End Funds Is Shrinking
The World Of Closed-End Funds Is Shrinking...
Why David Tepper Believes Now Is Not the Time to Be Bearish
Famed investor and founder of Appaloosa Management, David Tepper, weighed in on the current situation in the markets on Monday morning....
Weekly Market Pulse: How High Can Rates Go?
The economic data released last week was certainly taken as positive and some of it fits the bill. Next week's reports will include inflation at the consumer and producer levels. Don't be surprised if the reports are taken as too hot but don't get too excited....
Zacks Investment Research
Which Segments to Bet On as U.S. Economy Rebounds
Picking stocks is easier when you narrow down the search to the most attractive segments....
The Motley Fool
Why Is the Nasdaq Still Falling on Monday?
Even as the rest of the market soared, Nasdaq stocks can't catch a break....
TechCrunch
Equity Monday: More money for fintech, Deliveroo's IPO, and AI startups
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets....
Seeking Alpha
The Quality Closed-End Fund Report, February 2021
Only funds with coverage >100% are considered....
Inflation: Catalysts And Consequences
Money can be created in two ways; the traditional means via commercial bank lending or via direct monetization of newly issued federal debt. History suggests that paradigm shifts are quite often reinforced by political shifts....
A Stronger Dollar Could Be The Nail In The Stock Market's Coffin
The dollar is surging once again and could have much further to climb. The dollar is rising, thanks to rising interest rates....
Get A Dog
In the midst of all its gyrations, the S&P 500 managed to finish in the black for the week. Cathie Wood and ARK have held up so far but there is a long road ahead for her....
How To Position For The Stimulus Package
We examined asset performance in the 3 months after the 5 largest stimulus packages from the last 20 years (2001, 2008, 2009, 2017, 2020). The S&P 500 index typically dips initially, followed by a rally....
Market Report: A Pullback That's Largely Driven By Tech And Growth Stocks
Last week saw a wide divergence in the stock market. Sectors that exploded higher after March 2020 (e.g. tech, IPOs, growth stocks) saw sharp drawdowns while sectors that lagged significantly are catching up....
Media: 'Sell, It's A Market-Top'; MMs: 'Look Again, At What We See'
The Market-Makers [MMs] fill huge-volume block trade orders placed by big-$ "institutional" funds that are adjusting their multi-billion-dollar stock portfolios. Guess which trade orders are likely to move market prices in the next 2-3 months, our odd-lots or their orders?...
The World Of Closed-End Funds Is Shrinking
The World Of Closed-End Funds Is Shrinking...
Weekly Market Pulse: How High Can Rates Go?
The economic data released last week was certainly taken as positive and some of it fits the bill. Next week's reports will include inflation at the consumer and producer levels. Don't be surprised if the reports are taken as too hot but don't get too excited....
See It Market
The Stock Market's New Normal
Monday's strange price action looks as though the market shrugged off the stimulus money in some areas yet not others. While there are many factors at play, the most notable shift is in big tech, which continues to show weakness....
Stock Market Reversal Give Bulls Renewed Energy
The major stock market indices held key price support levels late last week leading to a reversal higher into week's end. Stock market bulls hope to build on that reversal this week....
Reuters
It's official: Nasdaq in a correction, with 10% fall from Feb. record close
The Nasdaq's retreat from its all-time highs last month is now officially considered a correction in a bull market....
U.S. wholesale stocks rise solidly; inventories-to-sales ratio lowest in six years
U.S. wholesale inventories increased solidly in January even as sales surged and it is taking wholesalers the shortest time in six years to clear shelves, a sign of strengthening demand that aligns with expectations for faster economic growth this year....
Billionaire David Tepper bullish on stocks, sees rising rates stabilize: CNBC
Hedge fund manager David Tepper said it is difficult to be bearish on stocks at present and the recent selloff in U.S. Treasuries that drove up interest rates is over, CNBC reported on Monday, citing an interview with the billionaire....
Proactive Investors
Dow climbs on stimulus package passage, big tech continues to struggle
4:15pm: Stimulus drives renewed optimism but not for tech The Dow ended Monday up 306 points, nearly 1%, at 31,802. The S&P 500 snuck into the red just before the close, losing 21 points, 0.5%, to 3,821, and the Nasdaq bled 311 points, 2.4%, to finish at 12,609....
Dow adds 600 points to intraday record, tech struggles continue to drag Nasdaq
12:48pm: Dow, Nasdaq headed in opposite directions The Dow was up 605 points, 1.9%, at 32,101 at midday, and the S&P 500 picked up 36 points, almost 1%, to 3,878 points. The Nasdaq, meanwhile, fell 57 points, 0.5%, to 12,861....
New York Post
Dow crosses 32,000 to all-time high after Senate clears stimulus bill
The Dow Jones industrial average crossed the 32,000 mark for the first time to hit a record high after the Senate cleared a stimulus bill to boost the economy's recovery from the coronavirus crisis. The blue-chip index climbed more than 2 percent, or 651.74 points, on Monday to an intraday record of 32,148.04 following the....
Stocks recover after David Tepper shrugs off bond-market turmoil
US stocks bounced Monday after billionaire hedge-fund titan David Tepper appeared to shrug off recent turmoil in the bond market, which has been linked to concerns that increased federal stimulus spending will spur inflation. The Dow Jones industrial average climbed as much as 420.81 points, or about 1.3 percent, to 31,917.11 in early trading as....
Market Watch
Dow ends up over 300 points, but Nasdaq tumbles 2.4% amid tech selloff
Dow ends up over 300 points, but Nasdaq tumbles 2.4% amid tech selloff...
The Tell: 7 reasons to buy stock-market dips even as yields rise, says Fundstrat's Tom Lee
Volatility is the name of the game in March and knowing how best to play those dips may be the name of the game in 2021....
Market Extra: Dollar bottom or bear-market bounce? Here's what traders are watching
The all-important U.S. dollar is pushing higher against major rivals as Treasury yields rise....
Market Extra: The stock rotation took a breather in February, ETF flows show
Investors put money to work in sectors likely to benefit from the ongoing cyclical rotation in February, but far more into what's often considered one of the safest bets --- funds tracking the S&P 500....
Bond Report: 10-year Treasury briefly surges past 1.6% as $1.9 billion relief bill nears
The 10-year Treasury note on Monday sees a pick up in selling, pushing the yield on the benchmark debt to its highest level in more than a year, after the Senate over the weekend approved the Biden administration's $1.9 trillion COVID-19 relief bill, moving the package closer to reality....
InvestorPlace
The InvestorPlace Q&A: Minimize Risk by Investing in the ProShares High Yield–Interest Rate Hedged Fund
If you're looking to diversify your portfolio while involving minimal risk, consider investing in HYHG -- ProShares High Yield--Interest Rate Hedged fund. The post The InvestorPlace Q&A: Minimize Risk by Investing in the ProShares High Yield–Interest Rate Hedged Fund appeared first on InvestorPlace....
Why Tech Stocks Are Due to Come Roaring Back
The recent volatility in hypergrowth, innovative companies is temporary. Here's why your favorite stocks to buy will come roaring back....
What Will the Stock Market Do Today? 3 Big Stories to Watch.
What will the stock market do today? Top stories include a move in oil prices, the Roblox IPO and everything happening with inflation....
GuruFocus
Value Screeners Identify Opportunities for March
On Monday, a day where stock markets surged on the heels of new Covid-19 stimulus plan approval, GuruFocus' value screeners identified a wide range of investing opportunities across the globe....
David Tepper Is Becoming Bullish on Stocks
After cautioning a year ago that the Covid-19 virus could be a game changer for markets, billionaire investor David Tepper (Trades, Portfolio) said it is difficult to be bearish on stocks right now....
Fox Business
Barstool Sports founder Portnoy urges amateur investors to trust their gut, ignore Wall Street 'suits'
Inexperienced investors should be willing to trust their instincts rather than relying solely on advice from Wall Street, Barstool Sports founder Dave Portnoy told “Making Money” Monday....
ETF Trends
Mornings With Maria: Heightened Interest Rates & Inflation Concerns
ETF Trends' CEO, Tom Lydon, takes a look at the markets after last week's hit on Nasdaq and what this means with interest rates increasing on Fox Business' “Mornings with Maria,” with host Maria Bartiromo. It's “a bit of a pain,” Lydon explains, given the exceptional run last year....
CNN Business
Wall Street cheers Biden's Covid-19 relief package, which aims to bolster the US economy
The Dow surged more than 600 points on Monday as investors cheered the Senate's passage of a Covid-19 relief package that aims to bolster the US economy....
CNBC
'Significant long-term scarring' in services will limit pent-up consumer demand and suppress inflation, economist Stephen Roach predicts
Economist Stephen Roach said Monday that Wall Street is overestimating a consumer demand comeback....
Dow futures rise, extending Monday's 300 point rally
On Monday, the Dow Jones Industrial Average rallied more than 300 points on investor optimism about the economic comeback from the pandemic....
Cathie Wood says the underlying bull market is strengthening, will benefit Ark's strategy over time
Ark Invest founder and CEO Cathie Wood spoke on CNBC's "Closing Bell" on Monday....
House prepares to pass $1.9 trillion Covid relief bill on Tuesday, and Biden is expected to sign it this week
President Biden is expected to sign the $1.9 trillion Covid relief bill this week, and stimulus checks are set to go out starting this month....
Business Insider
Tech stocks resume skid as stimulus progress sparks next stage of value rotation
US stocks were mixed on Monday, with the Dow Jones industrial average up over 300 points while the Nasdaq composite continued its slide after the Senate's approval of a massive new relief package kicked off a new phase of the market-wide value rotation. Senators voted along party lines on Saturday to push a $1.9 trillion stimulus plan closer to President Joe Biden's desk. The package is expected to receive a final House vote later this week, giving Democrats time to enact an expansion to federal unemployment benefits before the current boost expires on March 14. The package also includes $1,400 direct payments, aid for state and local governments, and funding for vaccine distribution....
SPAC activity may be peaking right now and will slow for the rest of 2021, JPMorgan says
The end of the SPAC mania could be near, according to JPMorgan. In a Friday note a team of quantitative strategists led by Nikolaos Panigirtzoglou said that the pace of SPAC activity in 2021 is indicating the current SPAC cycle may be ending soon. "This year's acceleration in SPAC activity has been so strong that [it] is more reminiscent of a peak rather than the beginning or middle of a boom SPAC cycle. This is especially true if one looks at the recent performance of SPACs," the strategists wrote. In just 2021 alone, there have been 248 SPAC IPOs, according to SpacInsider. However, according to JPMorgan and Bloomberg data, the performance of SPACs has disappointed in the last month....
Rising interest rates are usually bullish for stocks when these 3 factors are met, according to LPL
A sudden spike in interest rates has accelerated the internal leadership change of the stock market over the past month, with high-growth technology stocks underperforming relative to more value-oriented sectors like energy and financials. But rising interest rates have historically been accompanied by rising stock prices, especially when an improving economic growth outlook is part of what's driving rates higher, according to an analysis from LPL Financial....
The recent sell-off has taken the 'frothiness' out of SPACs and has made mega-cap tech stocks look more attractive, Bespoke Investment says
The recent slide in stocks has wiped out the "frothiness" in some of Wall Street's hottest spots, said market research provider Bespoke Investment Group. The firm also said its analysts see some mega-caps as trading at "attractive" entry points following last week's market sell-off. Major US stock indexes have been knocked back as investors price in expectations for economic growth and higher inflation as the world's largest economy recovers from the COVID-19 pandemic. Some Treasury yields, notably the 10-year yield which influences a range of lending programs, have been quickly pushed higher. This has triggered a selloff, particularly in technology stocks whose values have run higher since hitting a bear-market low in late-March 2020....
3 reasons why the correction in tech stocks has further to run, according to Morgan Stanley's top US equity strategist
The swift decline in technology stocks over the past month likely has further room to the downside, Mike Wilson, Morgan Stanley's chief US equity strategist, said in a recent client note. Since its peak on February 16, the Nasdaq 100 has declined by more than 10% even as a constant stream of good news hit investors. Vaccinations for COVID-19 continue to surge, daily COVID-19 cases have collapsed since the January peak, and Congress is on the verge of passing a $1.9 trillion stimulus package....
US growth prospects may overtake investor risk appetite as the biggest factor driving the dollar, says HSBC
The US dollar immediately jumped after Friday's blowout US jobs report for February. HSBC says that the move suggests prospects for US economic growth -- or a theme of "US exceptionalism" -- rather than risk appetite, are beginning to gain influence over the direction of the greenback. Risk appetite, or RORO, -- the investment bank's shorthand for "risk on-risk off" -- was the dominant influence over the dollar throughout 2020, leaving the safe-haven greenback down relative to other currencies. But the battle during 2021 has turned "finely balanced" following hints that the US exceptionalism theme that stokes dollar buying and strength appeared to be growing in sway....
Benzinga
The SPAC Investment That Bill Gates, Peyton Manning Have In Common
A company that uses artificial intelligence and data science to keep visitors safe with touchless screening is going public in a SPAC deal announced Monday. The SPAC Deal: Evolv Technology is going public in a SPAC merger with NewHold Investment Corp (NASDAQ: NHIC) valuing the company at $1.3 billion....
Five IPOs In The Week Ahead
This week's schedule consists of five IPOs and one direct listing. E-commerce South Korea's answer to Amazon (NASDAQ: AMZN), the giant Coupang (NYSE: CPNG) plans to raise $3.4 billion at a $51.0 billion market cap....
Barrons
Nasdaq's Slide Passes 10% as Investors Keep Selling Tech's Highfliers
The decline in the index since early February meets the traditional definition of a correction, but old-line companies like IBM and Oracle are rising....
A Consumer Spending Boom Is Coming. These Stocks Will Benefit the Most.
The strongest consumer stock backdrop in decades may be around the corner, according to Jefferies analysts....
The Market Is Cheering Publishing Giant Pearson's New Strategy. Here's Why.
Pearson's CEO, a former Disney exec, has a new plan to focus on direct-to-consumer sales and virtual learning....
24/7 Wall Street
Why David Tepper Believes Now Is Not the Time to Be Bearish
Famed investor and founder of Appaloosa Management, David Tepper, weighed in on the current situation in the markets on Monday morning....