UBS Chief Investment Office believes that the Federal Reserve will not initiate any rate cuts until September this year. They anticipate no more than two interest rate cuts from the central bank, with the first one expected to happen in the fall. This projection has led UBS to suggest that now is the ideal time
Investing
UnitedHealth (UNH) experienced a significant 16% increase following an impressive earnings beat despite the cyberattack on its subsidiary, Change Healthcare. However, as broader market indicators begin to show signs of weakness, cracks are starting to appear in UNH’s once-strong rally. The stock is now showing signs of losing steam, prompting a closer look at its
Goldman Sachs analyst Eric Sheridan recently named Amazon as the top e-commerce pick, emphasizing strong trends in the sector for the first quarter. Despite the overall cautious sentiment on tech companies in 2024, Sheridan remains optimistic about Amazon’s performance. He maintained his buy rating and a $220 price target on Amazon, predicting a potential 26%
In times of macroeconomic uncertainty and geopolitical tensions, investors often find themselves on shaky ground. The volatility in the stock market can be unnerving, leaving many looking for safe havens to protect their investments. One strategy that has gained popularity among investors seeking stability is investing in dividend-paying stocks. These stocks not only provide a
The recent Bitcoin halving event, which occurs once every four years in accordance with the Bitcoin code, saw the rewards for miners cut in half. This reduction in rewards is aimed at slowing down the issuance of new bitcoins, creating a sense of scarcity, and assisting Bitcoin in maintaining its reputation as digital gold. While
As geopolitical tensions continue to mount in the Middle East, the market is facing increased uncertainty. The conflict between Israel and Iran is escalating, adding to the already shaky market conditions. The recent drop of over 5% in the S & P 500 from its 2024 highs has left investors feeling uneasy. While some still
As the Bitcoin halving approaches, the cryptocurrency market is facing heightened volatility and increased trading volume. JPMorgan’s top picks for cryptocurrency mining stocks are RIOT and IREN, which are seen as having attractive relative valuations. With the halving estimated to occur in the next couple of days, mining companies are bracing themselves for a reduction
The upcoming bitcoin halving is causing a stir in the mining community as it is expected to cut miners’ revenue by half. Despite the initial apprehension, analysts believe that publicly traded miners are well-equipped to navigate through this event and even thrive. The recent dip in mining stocks presents an opportunity for investors to capitalize
The once overbought Nvidia-led tech rally seems to be losing its momentum. A bearish options hedge is being considered for a member of the chip sector that is displaying signs of a breakdown. The iShares Semiconductor ETF (SOXX) chart shows a significant bearish engulfing candle on March 8th, signaling a potential shift in direction for
The recent sell-off in the major averages has left many investors feeling uncertain about the future of the market. With the S & P 500 dropping more than 1% and the CBOE Volatility Index spiking, tensions are running high. The conflict in the Middle East has only added fuel to the fire, causing traders to