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Technology Select Sector SPDR Fund

Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund

by Walter Watson
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017.  Tyrone Siu | Reuters Nvidia‘s blistering rally will force a major …

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Friday trading could trigger $10 billion rush of demand for Nvidia shares

by Walter Watson
Friday trading could trigger  billion rush of demand for Nvidia shares

Key Points The Technology Select Sector SPDR Fund (XLK) has an upcoming rebalance based on Friday’s market caps. Apple and Microsoft are the two biggest holdings in the fund currently, …

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Watch out, these stocks are now overvalued after going on a monster run this year

by Walter Watson
Watch out, these stocks are now overvalued after going on a monster run this year

Investors may want to be careful when buying tech stocks, as some names in the sector have become overvalued after their recent gains. The Technology Select Sector SPDR Fund (XLK) …

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Big Short’s Steve Eisman worries investors are too bullish in 2024

by Ron Morgan
Big Short’s Steve Eisman worries investors are too bullish in 2024

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding …

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Big investors sold tech stocks ahead of key earnings reports, Bank of America says

by Walter Watson
Big investors sold tech stocks ahead of key earnings reports, Bank of America says

Some of the market’s biggest investors were taking risk off the table ahead of this week’s busy slate of earnings reports and a Federal Reserve meeting, according to Bank of …

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