In one day, $110 billion was erased from Amazon.com (Nasdaq: AMZN)’s market cap following a less-than-stellar earnings report. Just before that, Robinhood (Nasdaq: HOOD) had the worst debut ever for an initial public offering (IPO) of its size.
So … is the party over for growth stocks?
Today, Ted and Clint look at the evidence and tell you what you could expect.
The stock market sure kept us on our toes this week: earnings reports … an announcement from the Federal Reserve … ongoing infrastructure bill drama … rising COVID-19 Delta cases.
And it’s all affecting one corner of the market in particular, which gives us important clues about the sustainability of this current rally.
Today I’ll dig into the details to prepare you for what comes next.
It turns out that this is a pivotal week. We have three crucial events that will determine if more record highs are in store, or if the stock market will finally experience a pullback.
Here’s your guide to navigate the volatility…
Not for the first time … and certainly not for the last … China’s rulers have gutted the business model of one of the country’s thriving, growing technology sectors.
The question is … why? Is it safe to invest in any Chinese companies?
What you should — and shouldn’t — do now.
Chief Investment Strategist of Money & Markets
Director of VIP Services
Editor of Alpha Investor
Research Analyst
Editor of Strategic Fortunes and three elite services