Buckle Up for Success: Embracing the Current Stock Market Rally
The S&P 500 Index has made a decisive breakthrough, surging beyond 4400 and maintaining momentum. Despite indications of an overbought market, no confirmed sell signals have emerged. Overcoming two minor resistance levels, the next hurdle lies at the 2023 highs near 4610, with potential for reaching all-time highs at 4800. While a gap down to […]
Navigating Black Friday: Is the U.S. Stock Market Open? Your Guide for Investors
Active traders may find themselves waiting until markets close before diving into the Black Friday shopping spree. While many non-retail businesses grant their employees a four-day weekend by taking off Black Friday, financial markets will experience a shortened trading day following Thanksgiving. Major U.S. stock exchanges, such as the New York Stock Exchange and Nasdaq, […]
Thanksgiving Break on Wall Street: U.S. Trading Halted, Global Markets See Optimism
Positive sentiment prevailed in global stock markets on Thursday, buoyed by recent investor confidence that the Federal Reserve has completed its series of interest rate hikes aimed at combating inflation—a narrative favoring equities. Trading volumes remained light as U.S. markets were closed for the Thanksgiving holiday, set to reopen on Friday for a shortened session, […]
S&P 500 Journey: Bank of America’s Roadmap to 5,000
Analysts, including Savita Subramanian from Bank of America, are diligently working on their predictions like Santa’s elves. Subramanian, an equity and quantitative strategist, forecasts that the S&P 500 will reach an all-time high of 5,000 by 2024, creating an ideal environment for selective stock picking. Subramanian and her team provide numerous explanations for what appears […]
Bullish Signals Ahead: Wall Street Bank Predicts 2024 as a Dip-Buying Year for Investors
We will soon see the impact of Nvidia’s earnings on the market, as these figures have influenced bond yields and the S&P 500 in the past. A lot of investors may have made incorrect predictions about the market this year, preparing for an economic downturn that did not occur. This also applies to Wall Street […]
Stocks on the Rise: Holiday Shopping Boosts Market Towards 2023 Peaks
According to Goldman Sachs, the rate of consumption is expected to decrease, but it will still continue to grow at a satisfactory rate. American stocks have experienced a significant surge and are now approaching the record levels seen during the summer. This noteworthy recovery comes at a time when investors are getting ready for the […]
Bulls in Control: $2.4 Trillion Options Expiry Could Catapult Stocks Higher
Traders rushed into call options linked to popular U.S. equity exchange-traded funds, capitalizing on the surge in U.S. stocks following Tuesday’s release of the consumer-price index. Options-market strategists suggest that this influx could contribute to further stock gains in the coming days. Data compiled by Rocky Fishman, founder of Asym50, reveals that options tied to […]
$300+ Using Day Trading Alerts?
Hello traders! Today is November 15th, and we are going to explore the dynamic world of trading using two powerful indicators – the Blueprint and the Trade Scalper. By combining these methods, it can identify amazing opportunities where multiple signals converge to create the perfect conditions for success. It’s like finding a hidden treasure waiting […]
S&P 500 Futures Maintain Momentum with Impressive Two-Month Highs
Early Thursday, U.S. stock futures remained mostly unaffected, staying close to their peak of the past two months, with traders reflecting on the recent impressive surge. How are stock-index futures trading The Dow Jones Industrial Average went up by 164 points, or 0.47%, reaching 34991 on Wednesday. The S&P 500 saw an increase of 7 […]
S&P 500 Soars to New Heights: Experts Weigh in on Future Altitudes
The inflation report has injected a new burst of energy into the stock market, and this rally appears to be more enduring than previous ones—there’s reason to have confidence in its sustainability. As of Tuesday morning, all three major U.S. stock indexes experienced gains exceeding 1%, with the Nasdaq Composite approaching a substantial 2% increase. […]
