To The Moon

Second-quarter earnings season picks up this week, as 76 S&P 500 companies are scheduled to report.

The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 17 IPOs slated to raise $4.7 billion.The largest deal of the week, specialty insurance brokerage Ryan Specialty Group plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard-to-place risks for retail insurance brokers, and the sourcing, onboarding, underwriting, and servicing of those hard-to-place risks for insurance carriers. Profitable on an EBIT basis in t

Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.Get ready for the most severe correction since the bull market began in March 2020.To be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. . I devoted two columns to Martin’s f

July 15 - The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike.Amazon, Apple, Tesla and $Facebook$all fell. Nvidia tumbled around 4%.The S&P 500 technology sector index ended a four-day winning streak. Earlier this week, investors' favor for heavyweight growth stocks pushed the S&P 500 and the Nasdaq to record highs.The S&P 500 energy sector index fell more than

JPMorgan drops amid low interest rates U.S. consumer prices surge in June Boeing slips on new produc

HOME DEPOT: The largest home improvement retailer in the United States is expected to report its first-quarter earnings of $3.06 per share, which represents year-over-year growth of about 47% from $2.08 per share seen in the same period a year ago.The home improvement retailer would post revenue growth of 21% to $34.2 billion. In the last four quarters, on average, Home Depot has beaten earnings estimates about 2%.The Atlanta, Georgia-based company’s shares rose over 20% so far this year. Home D

BY THE NUMBERS U.S. equity futuresare pointing to a lower open and an extension of the losses on Mon

Futures fall with tech sell-off set to resume.All eyes on inflation data.Big Tech stocks fell, most of Blockchain stocks fell. U.S. stock futuresdeclined in early tradingWednesday, led by tech shares once again.At 8:07 a.m. ET, Dow E-minis were fell 97 points, or 0.28%, S&P 500 E-minis were down 14 points, or 0.34% and Nasdaq 100 E-minis were down 79.25 points, or 0.59%.Big Tech shares including Alphabet, Microsoft, Netflix, Facebook and Apple all traded in the red, while shares of chipmakers Nv

Most of China tech stocks fell in premarket trading, while JPMorgan says China tech stocks are in a ‘good buying spot’ despite regulatory crackdown.JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland.Howard Wang, head of Greater China equities at JPMorgan Asset Management, said the regulatory clampdown poses uncertainties in the near term. But in the longer term, Chinese tech companies still have the pote