One of Wall Street's biggest bulls is shunning new big tech investments in favor of consumer plays.
According to Crossmark Global Investments' Victoria Fernandez, consumer stocks should help drive the market rally's next leg up.Trading Nation " segment. "There was a lot of concern at the end of last year on what the consumer was going to do. But look, we've had good retail sales. Spending numbers are good. Average hourly earnings are good."
Fernandez, who is responsible for $5 billion in assets under management, believes big tech, along with FAANG names
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
TradingNation
TradingNation I thank you. Dumb advice
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Oil set to extend long run of weekly gains in tense global marketOil prices dipped on Friday on expectations that producer club OPEC will soon ra...
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Oil prices dip on record U.S. output, but global market tenseOil prices fell on Thursday, pulled down by record U.S. crude production that le... Wow the oil prices dipped this week, gas stations missed that but when the price went up two cents... they were quick to OVERCOMPENSATE! Good news ... but ... Going into election years Dem propaganda outlets always have to qualify good news as having a dark lining somewhere. Of course, if a Democrat were President, the news would be 'Oil prices dip, YAY!'
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
OPEC's Barkindo says impossible to eliminate Iranian oil from market: SHANAIt is impossible to eliminate Iranian oil from the global market, OPEC Secretary... Tell them. Challenge excepted by U.S. government.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Amazon leads the FAANG stocks in first-quarter lobbying spendingThe tech titans’ significant spending to influence lawmakers and regulators comes as the companies face increasing scrutiny over how they handle their users’ data and how they deal with misinformation and political bias.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Oil falls on swelling U.S. stockpiles, Venezuela adds to market uncertaintyOil prices fell on Wednesday after a rise in U.S. crude inventories, while an in... Its Venezuela Confirms our unnecessary need to be involved in Venezuela over Yemen. End support for Saudi's HumanityFirst Venezuela could flood the market, putting more USA producers in red..
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Barclays estimates US weed market would be $28B if legalized today, growing to $41B by 2028Marijuana would become a major sector overnight if legitimized across the nation, Barclays said in a report Wednesday. realDonaldTrump will legalize cannabis right before the election Do it. It’s time! Dumb...it’s already that amount...just not legal everywhere...
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Trump could deal the oil market a major wildcard this week, says BP CEO Bob DudleyDudley says new U.S. measures to drive Iran's oil exports to zero are responsible for sending oil prices to nearly six-month highs. Is this more pressure than the last “maximum pressure?” If so, the last one wasn’t maximum. Unless this is 11 pressure.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Jeremy Siegel blames the Fed for the 20% stock market drop late last year'We look over 15 years, a lot of mistakes were made. You think there would be some more lively discussion,' and more dissenters on the Fed, says the longtime stock market bull. Wow! News flash!!!! Umm yeah. Just like it was the fed that caused us to have a 10 year bull run. And in the big picture a 30 year run. What about the 25% rally since?
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Amazon opens its platform to local retail market in IsraelE-commerce giant Amazon has reached out to Israeli retailers to enable them to s... 👎👎 BDS kavn So Bezos really IS Lex Luther?!
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »