Small-cap rotation, watch the yen surge: Market takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Jared Blikre News

Tech Giants

The major indexes (^DJI, ^IXIC, ^GSPC) closed mixed Thursday as they try to recover from a three-day tech sell-off. This downturn was triggered by...

analyzes the day's top market trends, discussing the rotation into small-cap stocks and Japan's financial markets which appears to be going through a"capitulation."The NASDAQ and the S and P 500 struggling to hold on to gains in today's trade, extending declines for a third straight day.We can assess what's next, and this is a post mortem here.This is a NASDAQ 100 this is fairly ugly.NVIDIA down eight percent alphabet also down 8% meta down 7%.

And then the Dow, which closed in the green, Um, up about two te Uh, excuse me up about 2/10 of a percent.And, you know, I was kind of talking about this with Julia earlier that when you take into consideration all the selling that we saw yesterday Well, now we're seeing rotation again.I'll tell you what I'm looking at.Like as as though this is already done.Whenever we get a Vick spike and this is a year to date chart, we see stocks fall off a bit.

Um, and then I'm gonna show you where it is now, because it's all the way back to 152 or thereabouts.Doesn't sound like a lot, but in currency terms, it is a lot.And, uh, let's just go over the last 10 days because over the last seven of these, it is down 10%.The Nike was actually in a greater position of higher returns than the NASDAQ this year, and so it's under a bit of pressure.They're always the first or excuse me.

Pieridae Announces Sale of Goldboro, Equity Financing, Full Repayment of Bridge Loan & Production Shut-In

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small caps on the rise, commodities pressured: Market TrendsSmall-cap stocks (^RUT) are on the rise again after ending its five-day winning streak last week. This growth comes amid a number of Big Tech earnings, which...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: A washout on Wall Street sends stocks, big to small, lowerNEW YORK (AP) — A widespread washout for U.S. stocks dragged Wall Street lower on Thursday. The S&P 500 dropped 0.8% to pull further from its all-time high set on Tuesday. The Dow Jones Industrial Average tumbled 533 points, or 1.
Source: SooToday - 🏆 8. / 85 Read more »

United earnings, small-cap rally takes a breather: Market Domination OvertimeOn today's episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton break down the market close and some of the biggest stories to watch on...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Small-cap is rally just a 'hint' of a broader market trendMarkets are taking a turn as the Russell 2000 (^RUT) makes gains while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) lag from pressure facing the chip...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Small caps on a roll, cyclicals surging: Market TakeawaysSmall caps stocks, which are tracked on the Russell 2000 (^RUT), out performed large cap stocks on the Nasdaq 100 (^NDX) for 5 straight days. Cyclical...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Sprott says new copper fund is too small to pose a market riskSprott Inc. says its new fund to buy and hold physical copper will be too small to have an impact on global availability of the industrial metal, despite past controversy over attempts to launch similar products about a decade ago.
Source: BNNBloomberg - 🏆 83. / 50 Read more »