Nasdaq May Fall as Valuation Stretched Close To “Bubble” Level

2020-07-25

  Source: IG Charts NASDAQ INDEX FUNDAMENTALOUTLOOK: Trading at a 50.4 price-to-earnings (P/E) ratio, Nasdaq’s valuation has reached an inhibitive level Rich valuation amid rising Covid-19 viral risk renders Nasdaq vulnerable to a pullback China’s Shenzhen Composite, trading at 31.9 P/E ratio, is also susceptible to profit-taking Nasdaq Index Outlook:Read More →

FAANG’s Fall, but Get Some Wall Street Love By Investing.com

2020-01-27

© Reuters. By Kim Khan Investing.com – The FAANG stocks were predictably struggling Monday as money flew out from risk assets. The tech stalwarts are enjoying high valuations and earnings are coming, with Apple (NASDAQ:), Amazon (NASDAQ:) and Facebook (NASDAQ:) issuing numbers this week and Google parent Alphabet (NASDAQ:) upRead More →

Asian markets advance as more records fall on Wall Street

2019-12-27

Asian markets mostly gained in early trading Friday, after yet more record highs on Wall Street. Japan’s Nikkei NIK, -0.36%   was about flat, while Hong Kong’s Hang Seng Index HSI, +1.21%   gained 1.2%. The Shanghai Composite SHCOMP, -0.08%   advanced 0.7% while the Shenzhen Composite 399106, -0.67%  Read More →