There's an underlying trend that's making the Fed's job easier, Wharton's Jeremy Siegel says

Goldman Sachs predicts that 6 stocks in the electric vehicle industry will outperform despite fierce competition, and Nvidia and Powell's speech will be key factors in the market next week.

cnbc.com

Relevant topic timeline:

8/21/2023

Nasdaq snaps 4-day losing streak, tech shares rise despite higher yields

Tech-heavy Nasdaq Composite and S&P 500 close higher on Monday, while Dow Jones Industrial Average falls slightly; Bank of America analyst predicts insurers will increase customer prices due to increased climate change risk; Allianz economist believes Federal Reserve Chair Powell will focus on short-term monetary policy at Jackson Hole; Loop Capital warns of weak smartphone sales ahead of iPhone 15 launch; CFRA Research chief investment strategist expects year-end rally for stocks despite recession concerns; Homebuilding stocks begin to decline; AMC Entertainment falls ahead of stock conversion; Cybersecurity company SentinelOne explores potential sale; LPL Financial chief technical strategist says recent stock pullback is temporary and predicts end-of-year rally; Jefferies upgrades gold product manufacturer Acushnet Holdings; Nvidia's quarterly earnings report could be critical for the market, says Wolfe Research; Stocks making big moves midday, including XPeng, Eli Lilly, and Marriott Vacations Worldwide.

9/4/2023

H2 2023: Overweight Tech, AI Highs, Falling Globalization

The top 25 stocks in the S&P 500 outperformed the index in the 35th week of 2023, with tech stocks leading the way, suggesting a return of bull markets and a decrease in recessionary fears; however, market health, the balance between developed and emerging markets, and investor behavior still need to be addressed. Additionally, market correlations have dropped since COVID, and on "down-market" days, correlations are 5% higher than on "up-market" days. Market correlations also decrease during upward economic cycles. Retail investors are showing a preference for dividend-driven investing and investing in AI stocks. The global subsidies race is impacting valuations in tech and leading to supply chain inefficiencies. As a result, there are opportunities for diversification and investment in a wide variety of equities and bonds.

9/7/2023

Better Artificial Intelligence (AI) Stock: Intel vs. Nvidia

Semiconductor stocks, particularly Nvidia, have outperformed the market due to the high demand for chips in AI applications, making Nvidia the better AI stock to buy compared to Intel.

9/18/2023

Tesla Stock Slips as Goldman Cuts Profit View on Price Cuts, Musk Denies Saudi Factory Talks

Goldman Sachs lowers its profit outlook for Tesla due to lower average selling prices and predicts that the company may cut vehicle prices in 2024 to maintain high volumes, leading to a decrease in Tesla stock.

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Posted 8/21/2023, 1:33:34 PM