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Bullmarket

All articles tagged with #bullmarket

finance-and-investments2 years ago

"Top AI Stock Picks to Buy and Hold Before the Next Market Surge"

As the AI sector continues to grow, two stocks, Snowflake and Oracle, present buying opportunities after significant declines from their all-time highs. Snowflake, down 54%, offers a Data Cloud platform that enhances data sharing and analytics, crucial for AI development, and has shown strong financial growth. Oracle, down 19%, is a legacy tech company whose cloud infrastructure services are increasingly in demand for AI applications, with plans to expand its data center footprint significantly. Both companies are poised for growth in the anticipated AI bull market.

via The Motley Fool|
##aistocks#bullmarket
cryptocurrency2 years ago

"2024 Crypto Forecast: Bitcoin's Bull Run, ChatGPT Predictions, and Wall Street's Trillion-Dollar Wave"

The crypto industry is poised for significant growth in 2024 with three major bullish events for Bitcoin: the potential approval of the first spot Bitcoin ETF in the US, the scheduled Bitcoin halving event in April which will reduce block rewards and the production rate of BTC, and the anticipated bull market following historical trends post-halving. The SEC's expected approval of a spot Bitcoin ETF, particularly with heavyweight contenders like BlackRock, has the community optimistic, while the halving event is known to precede substantial price rallies, as seen when BTC reached $69,000 after the last halving in 2020. The crypto market is closely watching these developments as Bitcoin's price has already surged in anticipation.

via CryptoPotato|
##bitcoin#bitcoinetf
finance-and-investment2 years ago

"2024 Market Outlook: Strategists Weigh Bull Run Against Modest Gains"

Historical trends suggest a potential bull market for the S&P 500 in 2024, particularly due to the pattern of stocks rising in U.S. presidential election years and the momentum following a significant market rebound. The S&P 500 has risen in 19 of the 23 election years analyzed between 1928 and 2016, and stocks tend to maintain momentum after a big fall and subsequent bounce. However, predictions are uncertain, and even experts like Warren Buffett acknowledge the unpredictability of short-term market movements. Long-term trends indicate that the S&P 500 generally moves higher over time, driven by the growth efforts of the companies within the index.

via Yahoo Finance|
##bullmarket#electionyeartrend