Famed investor Warren Buffett once said, “It’s only when the tide goes out that you learn who has been swimming naked.”
In other words: An investment may appear promising up to a point. If the company you invested in is too leveraged and the tide turns, everything becomes exposed. And the investment gets spoiled.
Stocks have been due for a rally, and coinciding with the historically strong month of October, the broad market S&P 500 has climbed nearly 5% over the last month, after falling 9% in September.
Is bullish sentiment back? ETF flows over the past week suggest the answer is yes.
Twitter Inc (NYSE: TWTR) shares jumped nearly 1% on Wednesday closer to the $54.20 buyout level as investors discovered that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk may soon be the CEO of Twitter.
Concerns that rival KLA Corp. (NASDAQ: KLAC) will provide weak guidance as the semiconductor industry battles new regulations in China and other challenges have been stoked by Texas Instruments Incorporated's (NASDAQ:
The tech-heavy Nasdaq index is attempting to recover after dropping on Wednesday as losses in megacap tech companies spurred concerns over sluggish economic growth stemming from Alphabet Inc.'s (NASDAQ: GOOG) and Microsoft Corp.'s (NASDAQ:
Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge.
Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five trading periods.
Twitter Inc (NYSE: TWTR) is struggling to keep its most revenue-generating users engaged, highlighting a problem for Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk<