Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.2% and the Philadelphia Semiconductor index advancing 2.2%.
The S&P 500 and the Nasdaq rose on Monday as chipmaker Nvidia spearheaded gains among megacap growth stocks while investors also awaited earning reports from U.S. retail giants and economic data later in the week.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks this morning are moderately higher. Strength in Nvidia...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 ETF (Symbol: IWB) where we have detected an approximate $159.3 million dollar outflow -- that's a 0.5% decrease week over week
Wall Street's main indexes slipped on Monday on a drag from shares of Tesla, while investors also awaited earning reports from U.S. retail giants and economic data later in the week to gauge the strength of consumer spending.
Ford Motor on Monday named former Apple executive Peter Stern as the president of its newly formed Ford Integrated Services unit to help build new high-margin digital and subscription services.
Consumer stocks were mixed pre-bell Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) slightly advancing and Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5% recently.
Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.15%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.14%. Stock indexes this morning gave up an overnight advance and are modestly lower. Higher T-note yields this morning are a bearish factor for stocks. Also,...
Wall Street's main indexes were set for a muted open on
Monday as investors awaited quarterly reports from U.S. retail giants and economic data later in the week to gauge the strength of consumer spending and direction for interest rates.
September S&P 500 futures (ESU23) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.05% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as quarterly earnings reports from high-profile retailers.
The NASDAQ 100 Pre-Market Indicator is down -18.5 to 15,009.57. The total Pre-Market volume is currently 69,057,867 shares traded.The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is -1.78 at $3.48, with 10,123,620 shares
September S&P 500 futures (ESU23) are up +0.12%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.15% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as quarterly earnings reports from high-profile retailers.
U.S. stock index futures edged higher on Monday as most megacap growth stocks steadied after a selloff in the previous session, while investors awaited quarterly reports from U.S. retail giants and economic data later in the week.
U.S. stock index futures edged higher on Monday as most megacap growth stocks steadied after a selloff in the previous session, while investors awaited quarterly reports from U.S. retail giants and economic data later in the week.
Analyst
Alexander Potter of research firm Piper Sandler has been awarded the TipRanks All-star Analyst of the Day title. Remarkably, Potter holds an impressive rank of #301 out of the 8,549 Wall Street analysts tracked by TipRanks. One of the prominent stocks in his coverage is Tesla (
NASDAQ:TSLA
), for which he is recognized as the Most Accurate and Profitable analyst.
Most Profitable and Accurate Analyst on TSLA Stock
When we look at Potter’s recommendation for the
electric vehicle giant Tesla, we see that over the past year, Potter has had a 65% success rate on the stock. Plus, he has earned impressive average returns of 113.57% in the said period.
To date, Potter’s most profitable rating was a Buy on Tesla. The analyst earned a massive 800% return on the call between January 10, 2020, and January 10, 2021.
Potter primarily focuses on covering the Consumer Goods sector in the U.S. and Canadian markets. On an overall basis, copying Potter’s trades and holding them for a year would give you an average return of 21.1%, with 50% of the trades yielding a profit!
Following phenomenally successful analysts’ ratings can add profit to your portfolio. Find the best analyst to follow for any stock by scrolling down to the “
Best Analyst Covering” feature on its
Analyst Forecast page.
To follow the best Wall Street analysts, take a look at the list of
Top Analysts on TipRanks.
Disclosure
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha
Lucid (NASDAQ: LCID) posted its second-quarter results after the market close on Aug. 7. The luxury EV maker's revenue rose 55% year over year to $151 million, but missed analysts' estimates by $54 million. Its net loss more than tripled from $220 million to $764 million, or $0.4