Investing

While it’s usually not the wisest move to trade against Wall Street experts, sometimes, they overlook certain ideas, presenting contrarian opportunities among stocks to buy. To be sure, the politics of the investment analysis world dictates that experts lean more bullishly; otherwise, it’s difficult to establish relationships with corporate movers and shakers. And this also […]

[embedded content] “I’m not so sure that Wall Street has the patience to see that the recession is going to maybe unfold a little bit slower and longer than they think,” Bianco Research founder and CEO Jim Bianco says during an interview with Jonathan Ferro on “Bloomberg The Open.” Follow Bloomberg for business news &

Fresh off writing about the three most undervalued fintech stocks to buy for February 2023, I’ve been asked to come up with the three best fintech stocks to buy this month. Compared with my undervalued picks, the best fintech stocks are well-known. While they aren’t necessarily mega caps, they have products and services that most investors

When tech startup OpenAI launched its conversational chatbot ChatGPT just over two months ago, the company kickstarted a multi-trillion-dollar AI Revolution that promises to forever change the world as we know it.  The company also started an all-out war between today’s tech giants.  The reality is – love ‘em or hate ‘em – Big Tech

[embedded content] Initial unemployment claims rose by 13,000 to 196,000 in the week ended Feb. 4, Labor Department data showed. Mike McKee breaks down the numbers on “Bloomberg Surveillance.” Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.comConnect with us on…Twitter: https://twitter.com/businessFacebook: https://www.facebook.com/bloombergbusiness/Instagram: https://www.instagram.com/quicktake/?hl=en

According to my calculations, as of the market close on Feb. 7, the Nasdaq had risen over 20% from its 52-week low, meeting the technical definition of a bull market. Specifically, the exchange closed at 12,113.79, 20% above its 52-week low of 10,088.83. And not very far from the technical definition of a bull market was the S&P