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Economy, Stocks

“S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg”

“…Stocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned… Berg was likely nodding to John Hussman, who’s flagged the risk of a 63% plunge in the S&P 500,… Continue Reading…

Real Estate

“Weekly mortgage demand surges 11% as more homes hit the spring market”

“…Mortgage applications to purchase a home increased 11% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was still 8% lower than the same week one year ago. The average contract interest… Continue Reading…

Stocks

“Wall Street Sees 100% Upside for This Artificial Intelligence (AI) Stock No One Is Talking About”

“…Pagaya stock is up 46% during the past year, and at the current price, it trades at a price-to-sales ratio of 1.4. That’s a bargain for a high-growth stock with serious disruptive opportunity. The average Wall Street analyst forecast for… Continue Reading…

Stocks

“A Bull Market Is Here: 2 Magnificent Stocks Down 80%…”

“…Adria Cimino (Intellia Therapeutics): Intellia stock has dropped more than 80% below its high over the past three years, even as this CRISPR gene-editing specialist moves closer to the finish line with its lead candidates. And this could offer bargain-hunting investors looking for… Continue Reading…

Stocks

“It’s No Nvidia, But This Tech Company Is Targeting 325% Earnings Growth In 2024”

“While artificial intelligence giant Nvidia (NVDA) has electrified the stock market, shares of another tech player — software company Confluent (CFLT) — shot up by double digits this year. Now, as the company sees 325% profit growth in 2024, Confluent stock is rising as… Continue Reading…

Stocks

“Hims & Hers soars 31% on rapid growth in mental health, weight loss and dermatology treatments”

“…Shares of Hims & Hers closed up 31% to $13.43 as of Tuesday afternoon. They’re now up more than 50% for the year after climbing 39% in 2023… Revenue jumped 47% to $246.6 million, topping the $246 million expected by… Continue Reading…

Economy

“Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago”

“… …” https://www.cnbc.com/2024/02/29/pce-inflation-january-2023-.html Inflation is up and unfortunately its going to get worse. Banks are going to have some major problems in March. This doesn’t bode well for the economy.

Stocks

“Block shares surge 16% after company announces surprise profit”

“Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on gross profit and showed strong growth in its Square and Cash App revenue. Here’s how the company did, compared to analysts’ consensus from… Continue Reading…

Business, Stocks

“This Generative Artificial Intelligence (AI) Growth Stock Has Jumped 86% in a Year. Here’s Why It Can Skyrocket Another 73%.”

“Cybersecurity specialist SentinelOne (NYSE: S) has delivered remarkable gains of 86% in the past year… Assuming SentinelOne does hit $1 billion in revenue in fiscal 2026 and maintains its current sales multiple of 15, its market capitalization could increase to $15 billion. That… Continue Reading…

Stocks

“Potential Stock Splits in 2024: 2 Monster Growth Stocks Up More Than 400% and 1,000% in 4 Years to Buy Now”

“Share prices of Nvidia (NASDAQ: NVDA) and CrowdStrike (NASDAQ: CRWD) soared more than 1,000% and 400%, respectively, over the last four years. Those monster gains make the companies stock-split candidates in 2024, but both are worthwhile investments whether or not those splits happen… Grand View Research… Continue Reading…