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Think the market’s done going higher? Think again. There’s more pain coming for the bears. Today, we’ll make the data-driven case of how the S&P 500 can reach 5900 by yearend. Here’s the reality, stocks have an incredibly strong setup on the macro front: These few...
Market Podcast: Wednesday August 21, 2024 https://navellier.com/wp-content/uploads/2024/08/Market-Podcast-August-21-2024.mp3 Navellier & Associates owns Nvidia Corp (NVDA), and Toll Brothers (TOL) in managed accounts. Louis Navellier and his family Nvidia Corp...
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by Gary Alexander August 20, 2024 Before Jackson Hole (to be held later this week), there were secret meetings to devalue the dollar and enforce wage and price controls (held at Camp David, Maryland, August 13-15, 1971), and before that, public meetings to re-invent...
by Jason Bodner August 20, 2024 In May, a flight from London to Singapore was smooth until suddenly the plane underwent “un-commanded changes in altitude and airspeed,” according to the Transport Safety Investigation Bureau of Singapore. It dropped 40 feet per second...
by Ivan Martchev August 20, 2024 When a correction gets going, investors often ask me how far this correction will go. To be honest, I may have a good guess, but I never know for sure and neither does anybody else. I did think the 200-day moving average on the Nasdaq...
by Louis Navellier August 20, 2024 At the Kansas City Fed’s annual conference in Jackson Hole later this week, central bankers from around the world will meet and may signal that further key interest rates cuts will be forthcoming. Export nations like Germany are...
by Bryan Perry August 20, 2024 As the stock market enjoyed a “V-shaped” rebound in the span of two weeks, erasing the losses from the trap door sell-off of August 2-5, we have also seen some other key developments worth noting – in fact, some that don’t really jibe...
On the heels of a scorching 38% rally off last October’s low, the S&P 500 has hit turbulence since peaking in mid-July. The large cap index notched a quick 9.7% correction while the NASDAQ 100 suffered a deeper 16% peak- to-trough decline. Today, we’ll make the...