It can be hard to find good films starring older actors and about retirees. But it’s worth the reward when you find them. Here are five of the best to get you started.
Researcher Capital Preferences says super funds fail to appreciate the tension many retirees experience between their needs in their golden years and the size of their nest eggs.
Netflix, Tesla, NVIDIA still popular despite mass tech selloff
In the US, corporate earnings season is in full swing, and it couldn’t come at a worse time. Investors are fleeing away from risk and to safety putting the market in a bearish unforgiving mood. Companies that have missed expectations have been absolutely smashed. According to FactSet, 70 per cent of S&P500 companies that have posted an upside EPS surprise, have also received no love. The Dow Jones Industrial Average Index has fallen the past three days following moves by the Federal Reserve to raise rates after a ballooning inflation figure.
At some point soon, Wall Street will settle down and grow comfortable with the rising interest rate paradigm and quality overgrowth will be in focus. There are still a stack of companies left to report with earnings season in full swing as they try and outmaneuver inflation, war in Ukraine and supply chain disruptions in China.
Saxo Bank has listed their top 10 most popular stocks of April in the table below:
Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) posted their results in the second week of May and have lost more than 10 per cent and 30 per cent respectively amid a tech sector rout. The share market sell-off has hit high growth tech stocks the hardest. With the Federal Reserve raising rates, investors seem to be fleeing risk for safety. Rising interest rates tend to favour value overgrowth.
The end of easy Fed-driven money is causing tech stocks, that have traded on many multiples with no earnings, to tumble off a cliff. In the table below, we’ve listed some of the popular names from the NASDAQ and their year to date returns. All the familiar names are listed, but faring the worst was Netflix with an almost 70 per cent share price fall.
