Category: Market Forecast
Goldman Sachs has revised its year-end S&P 500 target to 5,200 just ahead of Nvidia Corp.’s crucial earnings this week. The forecast hinges largely on Big Tech’s ability to …
The significance of the number of rate cuts pales in comparison to whether the economy avoids recession, according to a strategist. The recent market turbulence, marked by sharp one-day …
U.S. equity index futures suggest the S&P 500 could reach yet another record high by Friday’s close, driven by the technology sector’s potential for a third consecutive day of …
Wednesday saw a calming of the VIX, often dubbed the ‘fear gauge’ of the stock market, following its surge on Tuesday in response to higher-than-expected inflation figures. Despite this …
The market took a tumble a day before Valentine’s, prompting speculation of an exaggerated reaction. However, stock futures suggest bargain hunters are already sniffing around. Chris Weston, Pepperstone’s head …
What’s on the line with Tuesday’s CPI figures? While much of Wall Street anticipates a softening in inflation, an unexpected surge could quash hopes for a May rate adjustment, …
According to Fundstrat’s Tom Lee, the U.S. stock market has historically thrived during the Years of the Dragon, with an average gain of 12.7% since 1871. This trend suggests …
U.S. stocks have achieved a remarkable feat not seen since the era of President Richard Nixon’s tenure in the White House. The S&P 500 (SPX) marked its 14th week …
The S&P 500 flirted with a significant milestone as it briefly crossed the 5,000 mark just before Thursday’s market close, marking its ninth record finish of 2024 at 4,997.91. …
Leuthold Group’s Chief Investment Officer (CIO), Doug Ramsey, points out a concerning trend in market analysis: an increasing number of analysts are omitting valuations from their assessments. Ramsey notes …