From Brian Stelter’s Reliable Sources daily update, posted late Tuesday:
Watching the FAANG stocks: “For the first time, all five FAANG stocks are in bear markets,” MarketWatch’s Tomi Kilgore writes.Apple was the last to arrive there on Tuesday. Google entered a bear market on Monday. Now there’s lots of “death cross” talk and worries about the rest of the year…
My take: I don’t know a death cross from an iron cross, but I can draw the moving average chart for Apple. Looks to me like the stock has a ways to go before it catches up with Facebook, Netflix and Google.
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
