GE Vernova Inc. (GEV) Stock Forecasts

Summary

It’s happening again. The stock market is bending but not breaking. After a weak opening on Monday, stocks began recovering around noon as bond yields subsided. While the S&P 500 (SPX) was in a position to finish flat, the Nasdaq dropped 0.4%, the Nasdaq 100 (QQQ) fell 0.3%, and the Information Technology sector gave back 0.7%. Unfortunately, after the 10-year yield dropped from 4.8% to 4.77% midday, yields went right back as much as the highs for the day. If we take a look at the stocks in each the SPX and QQQ over the past week, among the biggest 2024 winners are getting hit the toughest — with many down from 4% to 16%. We wrote in regards to the market hanging in there until the top of the 12 months as investors desired to wait until 2025 to sell their big winners and postpone paying capital-gains tax. We thought that tax-selling decisions mustn’t be a part of a selling rationale. And a few indeed are paying the value! Vickers Stock Research, a sister company of Argus Research, publishes the Weekly Insider Report, detailing trends in insider sentiment. Vickers one-week sell/buy ratio for the Nasdaq moved into negative territory last week — and in a way that calls for some attention. The ratio is now an eye-popping 15.57 in comparison with 4.54 the week before, this on a scale where any reading abo

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