The stock market rally that was concentrated in just a few major tech names is finally broadening out, according to Societe Generale. The bank pointed out that the equal-weighted S&P 500 last week had its biggest one-day outperformance versus its market cap-weighted counterpart since November 202...
" Cox said Tuesday on CNBC's 'Money Movers.' "Right now, we're going through a growth scare... I don't think growth is quite as bad as people think. I don't think the job market is broken — even though it's slowing down."...
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"The market right now seems to be very jumpy to any data that comes in," said Larry Tentarelli, chief technical strategist at the Blue Chip Trend Report. "We've become a very data-dependent market." The Nasdaq Composite, 1-day
"The stock market right now is very expensive," said David Bahnsen, chief investment officer at The Bahnsen Group. The investor believes a share price correction and reckoning is ahead for megacap tech names. "Whether or not the past week's volatility in tech stocks is the start of something...