S&P 500 Gears Up for Record Run with Focus on Producer Prices, Sentiment
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 gains, amidst the anticipation of fresh economic data. Here’s how stock-index futures are performing: On Thursday, the S&P 500 reached 5,029.73, surpassing its previous record close. […]
Projections and Patterns: S&P 500 Rally Expected Before Fed’s Decision
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 volatility spike, U.S. stocks might continue their bullish trajectory prior to the Federal Reserve’s initial interest rate decrease, suggests research from DataTrek. Although the S&P 500 […]
Why the Stock Market’s Ascendancy Isn’t Over: Insights from a Prominent Bull
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 of research, notes that the market was caught unprepared, with few safeguards in place and an overly optimistic stance on risk. He highlights the frustration for […]
Former Hedge Fund Star Unveils Next Bear Market Trigger
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, potentially putting a damper on the S&P 500’s march towards 5,000, caution some analysts. However, in the midst of Nvidia’s remarkable 47% surge this year and […]
The Year of the Dragon: Exploring Stock Market Trends and Gold Demand in Lunar New Year 2024
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 that the recent surge in the S&P 500, propelling it to the 5,000-point milestone, may still have momentum. Lee forecasts that the S&P 500 could reach […]
Historic Milestone: U.S. Stocks Achieve a Feat Last Seen in 1972
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 of gains out of 15 on Friday, a streak not witnessed since March 10, 1972, as per Dow Jones Market Data. This occurrence is only the […]
Breaking News: S&P 500 Hits 5,000 – Market Insights Unveiled!
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. While these round numbers don’t hold technical significance, they do carry psychological weight, influencing market sentiment. Mark Arbeter, president of Arbeter Investments, pointed out historical instances […]
On Alert: S&P 500’s Move Toward 5,000 Raises Alarm Bells
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 that this trend is not limited to bullish perspectives; even those who are cautious about the market are overlooking the issue of persistently high equity valuations. […]
S&P 500 Futures Stand Firm Ahead of Fresh Earnings Wave and Fed Commentary
U.S. stock index futures indicated a mixed start just below record levels on Wednesday, as bond markets stabilized and investors awaited further corporate earnings releases. Here’s how the stock-index futures are trading: On Tuesday, major indices saw modest gains: the Dow Jones Industrial Average rose 141 points (0.37%) to 38521, the S&P 500 increased 11 […]
Unlock $500/Day: Autopilot Trading Wins & Losses
Welcome, traders! Today, we embark on an exciting journey into the world of automated trading as we delve into the intricacies of the Autopilot Trading System. In this live recording dated February 5th, we’ll witness firsthand the signals, transactions, and strategies employed by the system. Buckle up as we aim to achieve a $500 profit […]