The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024.
Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead.
While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time.
Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week.
Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
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