Commentary With the midterm elections behind us, does the market outlook improves given a now gridlocked Congress? Historically speaking, such is the case. As noted by Michael Cannivet via Forbes: “Before you hit the panic ‘Sell Everything’ button, though, it’s worth considering at least one bullish catalyst on the horizon—voters head to the ballot box…
Midterm Elections Are Bullish Even in a Bear Market
November 10, 2022
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Goldman Sachs Analyst: ‘Incredibly Bullish’ on Oil, Upside Risk is ‘Tremendously High’
June 27, 2022
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Oil prices are heading up in summer 2022 according to Goldman Sachs analyst Jeff Currie, who believes prices are being mainly driven by underinvestment in the sector. “The bottom line is the situation across the energy space is incredibly bullish right now. The pullback in prices we would view as a buying opportunity,” said Currie,…
As Apple Continues in This Trend, Here’s How to Play It Bull and Bear
Apple Inc. opened lower on Tuesday after spiking up 3.86 percent on Monday in a relief bounce that led the S&P 500 to 1.39 percent higher. Stocks in the broader technology sector are being dragged down on Tuesday by Snap Inc. after a Form 8-K filing was released on Monday showing Snap forecasts its second-quarter revenues to…
Ark’s Wood Remains Bullish on Tesla as US Recession Fears Rise
NEW YORK—Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc on Tuesday despite growing fears of a U.S. recession and shutdowns of the car maker’s Shanghai factory due to spiking coronavirus cases. “What we said during COVID about innovation solving problems will move into overdrive,” she told a webinar,…
Read Why Citi Is Bullish on Marvell
Citi analyst Atif Malik raised the price target on Marvell Technology Inc. from $87 to $97 and reiterated a Buy. The price target implies a 15.4 percent upside on Marvell’s December 17 closing price of $84.03. The re-rating reflects his expectation for continued multiple expansion for cloud data center stocks like Marvell in 2022. The new multiple he applies…
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