Daily Archives: March 3, 2024
Showing articles 1 - 2 (2 total)
10Jul2:30 pmEST
It's Always a Rough Trip to Value Town
As the market is prone to do at times when it corrects, some small cap names seem to inevitably fall through the cracks even after the broad market has recovered. Case in point: Secureworks Corp (SCWX), currently sporting a $1 billion market cap in the cybersecurity space, enjoyed a glorious late-January/early-February rally only to give it...
10Jul10:45 amEST
Extending the Ride
The slightest hint at a Fed rate cut later this year by Chair Powell this morning apparently served to pop futures higher into the open. As a result, the S&P 500 Index surpassed 3,000 for the first time ever, though that factoid may amount to more ballyhoo than actual substance, since that price level has no technical significance and, at best,...