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AI stock popularity reaches a new high since 2019! Strategist: it's time to take profits and close out positions.
The strategist stated that although there may be no signs of overall price bubbles, the rise in some stocks is "worrisome".
US stocks morning session | Three major indices rise together, large technology stocks rise, AMD up more than 3% leading chip stocks, Taiwan Semiconductor up more than 2%.
Dow Jones Industrial Average rose by 0.03%, S&P 500 index rose by 0.29%, and NASDAQ rose by 0.56%. Fed Chairman Powell gave his second day of testimony to Congress. Investors are waiting for key inflation data and financial giant earnings later this week.
Express News | Market analysis: Powell's remarks highlight the market's excessive complacency regarding growth risks.
Opinion | "The Seven Giants" dominating the US stock market is neither the only nor will it be forever.
Every decade has its own champion who dominates the market, and these "top dogs" are eventually dethroned.
Express News | The US stock market, which is abnormally calm, faces a test, and a well-known Wall Street team warns that the stock market may experience significant volatility.
The first decline in September, US stocks have risen by 5% this year... Powell's second day of bravery on Capitol Hill! The survey shows how the market will go from here.
Federal Reserve Chairman Powell entered the second day of "braving" Capitol Hill.