by Bloomberg.com | Jun 28, 2024 | AlphaTack Intel
Bank’s trading desk sees a ‘pre-election correction’ Favors S&P 500 lookback put options as an election play The US presidential election and its aftermath promises investors big market swings in the second half of the year, says Goldman Sachs Group Inc.’s Scott...
by DigitalCommerce360.com | Jun 28, 2024 | AlphaTack Intel
Nike Digital, encompassing global sales through the retailer’s website and mobile app, decreased 10% in its fiscal Q4 2024. The year ended on a positive note for Nike Inc. despite a year-over-year drop in quarterly revenue and digital sales during Q4 of its fiscal...
by Bloomberg.com | Jun 28, 2024 | AlphaTack Intel
Strategist and team reiterate 4,200 target in mid-year outlook They cite ‘disconnect’ between valuations and business cycle The S&P 500 Index may be headed for another record closing high, but JPMorgan Chase & Co.’s Marko Kolanovic says the benchmark will...
by Bloomberg.com | Jun 27, 2024 | AlphaTack Intel
Traders take money off the table ahead of July meeting Hong Kong equity benchmark also close to entering correction MSCI Inc.’s key gauge for Chinese stocks has entered into a technical correction as policy measures fail to arrest a slide in earnings, increasing...
by AlphaTack | Jun 27, 2024 | AlphaTack Intel
Goldman Sachs has reported that hedge funds are aggressive sellers of tech company shares. Read “Hedge Funds Sell Tech Stocks ‘Aggressively’, Goldman Says”. Goldman had predicted a summer correction on 06/12/24. The selling that has commenced is likely the...
by Bloomberg.com | Jun 27, 2024 | AlphaTack Intel
US office vacancy rate is forecast to hit a peak of 24% by 2026. Nearly one-quarter of all US office space will be vacant by 2026 as working from home persists, slicing commercial-property values by as much as $250 billion, according to a report from Moody’s....
