Unexpected Trends on Wall Street Hint at Bullish Future for Stocks
Something unusual is happening on Wall Street, boosting the confidence of stock-market bulls as the first half of 2024 comes to a close. Corporate-earnings estimates, which typically decline throughout the year, are actually growing, according to FactSet data. FactSetās John Butters shared with MarketWatch that S&P 500 firms have seen their earnings-per-share estimates for 2024 […]
Stock Surge: What the 2024 Rally Needs to Thrive
U.S. stock have posted an impressive election-year rally so far in 2024. As investors question whether that rally will continue, theyāre watching inflation and economic-growth data to gauge the Federal Reserveās potential interest-rate path, as well as corporate earnings in the second half of this year. The S&P 500 is on pace for its best […]
JPMorgan: Shorts Suffer, Stocks More Vulnerable to Bad News
Nvidia NVDA experienced a roughly 7% peak-to-trough range on Thursday, ending the day down 3.5%. This volatility has Wall Street buzzing, with Friday’s futures indicating a cautious start. Is this dip the end of the exuberance that briefly made Nvidia the worldās most valuable company, pulling up many AI stocks in its wake? Or is […]
Master 2 Trading Methods and Avoid Costly Mistakes
This morning, we seized some prime opportunities using our trading arsenal: the Roadmap software from Daytradetowin and the Blueprint method. If you’re new to these tools, don’t worryāIāll walk you through what they are and how they were used to achieve a successful short trade today. Let’s dive in. What is Blueprint? The Blueprint software […]
Why Slow Deflation Beats a 40% Market Crash
The likelihood of a U.S. stock market crash is currently below average, according to “froth forecasts” by State Street Associates, based on Harvard professor Robin Greenwood’s research. They estimate an 18% probability of a 40% decline within two years, lower than the five-year average of 26%. The same applies to the high-tech sector, which has […]
Juneteenth: Stock Market and Post Office Hours
Hereās what’s closed on Juneteenth this Wednesday, June 19, in observance of the newest federal holiday. As Americans prepare to mark Juneteenth, commemorating the end of slavery in the U.S., they should also be aware of the closures associated with the holiday. This includes a day off for financial markets. The June 19 holiday marks […]
