This article is part of Fortune‘s quarterly investment guide for Q1 2021. According to many of the best minds in investing, including Jeremy Grantham and the experts at Research Affiliates, the investor mindset that’s driving Tesla’s stock ever higher mirrors the reckless thinking that has pushed the S&P 500 to an unsustainable speculative fever that’s soon bound […]
Here we go again. You’d think that proliferation of direct listings and SPACs last year that enable founders, venture capitalists and big investors to take enterprises public their way would be loosening Wall Street’s grip on the IPOs––a longstanding bonanza for investment banks. But in 2020, 194 tradtional IPOs, the highest total since 2014, got […]
Treasury yields are on a tear. The 10-year Treasury yield touched 1.18% on Tuesday, continuing its strong start to 2021 and hitting its highest levels since late March last year. However yields closed flat following ample demand in a $38 billion auction of new 10-year notes midday. “The move has been a pretty decent move […]
It’s round two. President Trump may be on the verge of a second impeachment a mere nine days before he’s set to leave office. But investors aren’t phased. “Long story short, I don’t think it means anything for stocks. I don’t really think investors care about it simply because Trump’s term is over in nine […]
In November, markets surged after Joe Biden emerged as the victor in an unprecedented presidential contest—even as Democrats didn’t gain as much ground in Congress as some had anticipated. Back then, market prognosticators were enthusiastic about the prospect of a split Congress (where Republicans maintained control of the Senate) because, historically, the stock market tends […]
The stock market’s record altitude was no deterrent to individual investors last month, who in true 2020 fashion ended the year snapping up shares. Their optimism was being tested again on Monday. Clients at both TD Ameritrade Holding Corp. and E*Trade Financial were upping their market exposure as 2020 powered to a close, buying shares […]
That kink in your neck? It might be from watching your portfolio this year whipsaw from precipitous lows to glorious highs in what seemed like a blink. But who could complain? In December, investors drove up stocks to a series of fresh all-time highs on all three major U.S. exchanges. The Dow Jones Industrial Average […]
U.S. stocks climbed to a record high on the year’s final trading day amid thin trading. The dollar eked out an advance. The S&P 500 Index and Dow Jones Industrial Average turned positive in the afternoon and ended at all-time highs. Volume was about 15% below average on the S&P. Financial companies were among the best […]
Count Nike one of the pandemic’s largest winners. Even the athletic-wear brand’s stocks hit a fresh all-time large premature Monday in their first trading session because Nike reported a different pair of leading quarterly results. The outcomes, posted following U.S. markets closed on Friday, revealed that Nike is currently browsing the pandemic exceptionally nicely thanks […]
This season proved to be a historical year by nearly all steps –and that has the stock exchange. To people just like LPL’s Ryan Detrick, the marketplace ’s crazy moves in 2020 could be summed up in 1 word: “Incredible,” he informs Fortune. “This will be the very first season ever that stocks have been […]