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Thinks

BoA Strategist Thinks the Stock Market Crash Is Over, But Don’t Celebrate Yet

Bank of America’s top strategist believes the stock market crash is over. A historic relief rally for the Dow Jones has given bulls confidence that the coronavirus panic has peaked. Gloomy GDP forecasts suggest even if the floor is in, upside for the Dow and S&P 500 could be limited at best. After a horrific…

Peloton Thinks It’s the Next Apple – It’s Actually the Next GoPro

Peloton Interactive went public today, and its stock quickly plunged below its $29 IPO price in the third-worst unicorn debut since 2008. The IPO comes a week after fellow unicorn WeWork abandoned its listing process. It also comes a year after the company raised $550 million at a $4.5 billion valuation. Peloton: the fitness industry’s…