best to keep tabs. Direction may change course suddenly.
Expect U.S. Stocks to Tack on Another 5% Before the Next Pullback, Veteran Wall Street Strategist Says
This is what the historical data suggest, according to CFRA’s Sam StovallU.S. stocks are likely heading higher before they break lower once again, according to one Wall Street strategist.One longtime
4 Reasons Apple Stock Has Stalled—and What Needs to Happen for Shares to Move Higher Again
Apple stock has fallen in recent months and even the bulls are getting worried. At its coming fourth-quarter-earnings report, the iPhone maker needs to show it can make progress on several major conce
Citigroup Lifts S&P 500's Year-End Target to 4,600
- Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability of a soft landing for the U.S. economy, as well as, an earnings upside.The bank sees the S&P 500 ending 2023 at 4,600 points, a 0.4% uptick from Friday's closing of 4,582.23.For 2024, the outlook seems brighter with Citi seeing the index jump to 5,000 points, up from a previous forecast of 4,400, and about 9% from current levels.Citi pushed out its probability of a U.S. recession to the first half
The biggest U.S. banks presented a picture of a resilient economy on Friday, with consumers and businesses continuing to spend and borrow even after a lightning-fast rise in interest rates.JPMorgan Ch