Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries My Outlook for Tech Stocks (and One 6.2%-Paying Fund) in 2024 By: Contrarian Outlook January 11, 2024 at 05:00 AM EST The first week of 2024 was a rough one for stocks—and that, oddly enough, suggests we might see a good year for stocks in 2024. But as we’ll discuss below, recent market moves also suggest some parts of the technology sector are starting to look just a little overbought now—especially one 6.2%-yielding tech-focused closed-end fund (CEF) . I know that’s a lot to lead off with, so let’s break it down. A week and a half before Christmas, and before last year’s Santa Claus rally, I wrote that we didn’t want a Santa Claus rally to end ’23. That’s because these year-end market bounces have historically led to the following year to be weaker for the markets.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
My Outlook for Tech Stocks (and One 6.2%-Paying Fund) in 2024 By: Contrarian Outlook January 11, 2024 at 05:00 AM EST The first week of 2024 was a rough one for stocks—and that, oddly enough, suggests we might see a good year for stocks in 2024. But as we’ll discuss below, recent market moves also suggest some parts of the technology sector are starting to look just a little overbought now—especially one 6.2%-yielding tech-focused closed-end fund (CEF) . I know that’s a lot to lead off with, so let’s break it down. A week and a half before Christmas, and before last year’s Santa Claus rally, I wrote that we didn’t want a Santa Claus rally to end ’23. That’s because these year-end market bounces have historically led to the following year to be weaker for the markets.… Read more Read More >>