American investors are piling into boomer candy ETFs like the Goldman Sachs S&P 500 Premium Income ETF (GPIX), NEOS S&P 500 High Income ETF (SPYI), and JPMorgan Equity Premium Income Fund (JEPI). These funds are seeing substantial inflows this year, even as US short-term and long-term bond yields continue rising. JEPI has added over $4.62
Rocket Lab stock has rebounded in the past few weeks, moving from a low of $58.25 to $82, helped by its strong earnings and increasing backlog. It also jumped after the company inked a major deal with Viasat and other organizations. It has formed a giant double-bottom pattern, pointing to more upside in the near
Nike stock continued its strong downward trend, reaching its lowest level since September 2024, as investors remained impatient about its turnaround strategy. NKE dropped to $38.94, down by over 78% from its highest point on record. This sell-off may continue in the foreseeable future as investors remain cautious. Nike stock price technicals point to more
Klarna stock has rebounded modestly ever since publishing its financial results in February this year. It has rebounded from the year-to-date low of $12.30 in February to the current $20.68. This rebound will be put to the test next week when the company publishes its financial results, which will provide color on its business. Klarna
Bloom Energy stock has rebounded recently, moving from the August low of $157.2 to a high of $248 today. This rebound has coincided with the ongoing rotation back to AI companies and its strong financial results. It has formed an inverted head-and-shoulders pattern, pointing to more upside. Bloom Energy is seeing strong demand One of
The Roundhill Memory ETF (DRAM) has lost the momentum it had a few months ago as most memory stocks have pulled back. It has slipped to $50.9, down by 37% from its all-time high. Still, there are some reasons why this fund may rebound in the coming weeks or months. DRAM may benefit from the
Applied Materials stock fell for a second consecutive session as traders turned their attention to the company’s upcoming earnings report. AMAT was trading at around $525 on Tuesday, down roughly 30% from its year-to-date high of $740. The stock’s recent decline will be put to the test this week when the company releases its latest
The TSX Composite Index has soared this year, even as gold prices have recoiled. It has jumped by 14.35% this year and 30% in the last 12 months, outperforming the S&P 500. This week will be important for the Canadian fund as top companies like Barrick Gold, Franco-Nevada, and Constellation Software release their earnings. Top
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure as the US public debt nears the $40 trillion milestone. It was trading at $82.7 on Friday, down by 10% from its highest point last
Twilio stock price jumped to its highest level since January 2022 after publishing strong financial results. TWLO hit a high of $248, up by over 500% from its lowest level in 2023, with its market capitalization hitting over $37 billion. Twilio’s business is gaining momentum Twilio has become one of the best-performing software companies in