After delivering historic gains in the last five months, the S&P 500 was due for a pullback. Three weeks into April and the leading index is down 6% from the 52-week high. Tech stocks lagged the broader market, with the NASDAQ 100 falling 8% from the 52-week high....
The S&P 500 gained 10% in Q1 and hit and a new all-time high. Here’s my forecast for the rest of the year. #SP500 pic.twitter.com/76p4jME1AW — Michael Vodicka (@MikeVodicka) March 29, 2024
US was the #1 producer of oil in the world in 2023 with an average of almost 13 million barrels per day. I love energy companies but this is the reason i expect energy stocks to underperform SP500 next year or two. #SP500 #energystocks pic.twitter.com/ULFuWK6rH1 —...
Reddit IPO – i will proceed with caution because Wall Street has a bad habit of over pricing IPOs in the last few years. #RedditIPO pic.twitter.com/cixTLYFzNk — Michael Vodicka (@MikeVodicka) March 21, 2024
Since 1952 the S&P500 has never been down in a presidential re election year with an average gain of 12.2%, according to a study from LPL Financial. #SP500 pic.twitter.com/WbTDDKdQFt — Michael Vodicka (@MikeVodicka) March 19, 2024