The S&P 500 is chugging along at a solid rate, as it’s up 17% over the past year and up 2.5% over the past month. Market mavens should like what they see as the index crests the 6,950 mark, with 7,300 very much in play.
Source: https://www.benzinga.com/trading-ideas/short-ideas/26/01/499…
Magnificent Seven stocks have been some of the most successful growth stocks and make up a large portion of the S&P 500.
Exxon and Chevron plan to maintain their capital spending and production plans. ConocoPhillips is increasing its budget range to reflect a modest increase in drilling activity in the Permian Basin.
CoreWeave stock has pulled back substantially in recent months, but the good part is that the company has the ability to grow at a terrific pace. Jabil’s data center business is booming as demand for AI servers grows, and its earnings outlook suggests that the stock could jump impressively.
