Even if there is a clear market rotation, these top performing ETFs will have an opportunity to secure gains and move on to be potential trophy winners in 2024.
Valkyrie Bitcoin Miners ETF, Simplify Volt Robocar Disruption and Tech ETF, Roundhill MEME ETF, VanEck Vectors Video Gaming and eSports ETF and Communication Services Select Sector SPDR Fund are included...
After a strong start to the year, Wall Street was caught in feeble trading triggered by the Fed's aggressive rate hike speculation in February and the bank crisis in March.
Wall Street lost all its sheen in February on fears that the Fed will keep raising rates longer than expected. Still, a few corners of the stock market are outperforming.
Wall Street delivered a mixed performance last week. Mixed tech earnings and a 25-bp Fed rate hike were the key highlights.
Wall Street was modestly upbeat last week. The release of fourth-quarter U.S. GDP data and better-than-expected Consumer Sentiment and some Home Sales data led to the upbeat stock market.
Tesla Motors reported record-breaking Q4 results, wherein it beat both earnings and revenue estimates.
Over the past three months, the stock shed about 32% compared to the industry's average loss of 16%. The weak trend will reverse only if the carmaker beats on earnings estimate.
Tesla Motors reported record deliveries for the fourth quarter but fell short of the analysts estimates due to logistics problems, slowing demand, rising interest rates and fears of recession.