Without question the hottest sector in technology and probably the entire stock market is Artificial Intelligence (AI). The catalyst came in November of 2022 when Open AI released its revolutionary chatbot called ChatGPT. ChatGPT was a quantum leap forward from...
Stocks continued their upward momentum in April, finishing the month with another solid gain. The S&P 500 (SPY) was up 2% in April. The tech-heavy NASDAQ 100 (QQQ) gained 1% in April. The Vanguard Global Stock Market (VT) was up 1% in April. The solid performance...
Gold is one of the most polarizing assets. Investors either love it or hate it. That’s because gold has a history of extreme volatility that has left investors either very happy or very angry depending on when they were buying and selling. With inflation raging...
The first quarter of 2023 is over and despite lingering speed bumps US stocks delivered a solid performance. The S&P 500 (SPY) gained 3.5% in March for a total gain of 6.5% in the first quarter. The NASDAQ (IXIC) gained 6.7% in March, bringing its first-quarter...
It has been a pretty bumpy few weeks on the Street. Three US banks failed in March: Silvergate Capital, Silicon Valley Bank and Signature Bank. The contagion spread to other smaller regional banks in the U.S. For example First Republic Bank (FRC) shares are down 81%...
The huge spike in interest rates in the last 12 months just claimed its latest victim. On Friday, Silicon Valley Bank (NASDAQ: SVIB), the 16th largest bank in the country and a top lender to Silicon Valley, was shut down by federal regulators after a big wave of...
