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‘Stock-market correction is over’ after broad surge amid ‘epic’ market rallies

‘Stock-market correction is over’ after broad surge amid ‘epic’ market rallies

The S&P 500’s big jump amid last week’s “epic rallies” for stocks and bonds was driven in part by interest-rate-sensitive sectors that broadened the breadth of the index’s gains, putting it on course for a rally into year-end, according to Yardeni Research. “All 11 sectors gained ground last week, many enjoying their best week in …

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AMC stock extends winning streak to 5 days, boosted by Taylor Swift concert movie

AMC stock extends winning streak to 5 days, boosted by Taylor Swift concert movie

Shares of AMC Entertainment Holdings Inc. ended Thursday’s session up 5.6%, extending their winning streak to five sessions as Taylor Swift’s eagerly anticipated concert film hits screens.  The winning streak is AMC’s AMC, +5.57% longest since a five-day streak that ended on May 1. The movie has been breaking records ahead of its scheduled release …

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It’s time for you to take a deep breath and buy stocks

It’s time for you to take a deep breath and buy stocks

Fears about rising bond yields are way overblown. This has turned investor sentiment quite dark — and created a textbook contrarian buy signal.  Here are six reasons why you can feel confident betting against the gloom and doom crowd and put money into the market — especially in economically sensitive cyclical stocks. 1. Bond yields …

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Plus de 210 000 employés technologiques mondiaux ont perdu leur emploi depuis le début de 2023

More than 227,000 global tech workers have lost their jobs so far this year

More than 227,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. The data show that 2023 has easily surpassed 2022 for global tech redundancies, with 949 tech companies laying off 227,241 employees since the start of the year. Last year, 1,024 tech companies …

More than 227,000 global tech workers have lost their jobs so far this year Read More »

‘I’m 62 and ready for my golden years’: I’ve $1.7 million in annuities, Roths and index funds. Can I afford to never work again?

‘I’m 62 and ready for my golden years’: I’ve $1.7 million in annuities, Roths and index funds. Can I afford to never work again?

I’m going to preface this by saying that I know I am in a great long-term position. It’s the short term that is of concern. I am 62, single with no dependents. I own my smallish home outright and it’s worth $1 million due to the location. I own my car outright and I have …

‘I’m 62 and ready for my golden years’: I’ve $1.7 million in annuities, Roths and index funds. Can I afford to never work again? Read More »

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