Lessons in Fortune: 134 Elections, 17 Countries – Your Guide to Inauguration Investments!
The withdrawal of Ron DeSantis from the Republican presidential race underscores the potential impact of elections on financial markets, especially in a year where the U.S., India, Mexico, and likely the U.K. are gearing up for significant political events. Citi’s strategists delved into the market repercussions of 134 elections across 17 countries, excluding periods of […]
Christmas on Wall Street: The Belated Arrival of Santa Claus
The market’s favorable odds extend into the initial days of January, making this period, from the end of Christmas to the first two trading sessions of the new year, the statistically supported Santa Claus Rally. Derived from the Stock Trader’s Almanac definition, this rally period, occurring in 98 out of 127 instances since the creation […]
Early Winter Blues: How Stock Market FOMO Might Trigger December Weakness
Cautionary advice from analysts at Ned Davis Research on Wednesday suggests that optimistic stock-market investors should exercise restraint before indulging in expectations of a “Santa Claus rally. Bullish sentiment, gauged by a pair of NDR indicators, has reached the “excessive” zone, a potential contrary indicator that aligns with the historical tendency for a weak first-half […]
S&P 500 Soars to New Heights: Unprecedented November Rally Revealed in Markets Wrap
The stock market on Wall Street experienced a strong recovery towards the end of the day, resulting in a significant rally in November. This surge was driven by the belief that the Federal Reserve will stop raising interest rates aggressively. After experiencing a significant increase of $3 trillion this month, the S&P 500 is now […]
Year-End Surge: Decoding the Stock Market’s Powerful Momentum
Unless there’s an unexpected post-Thanksgiving upset, the U.S. stock market appears set for a robust November rally, with historical trends suggesting momentum will likely continue into the year-end. Key drivers include a growing economy, improved earnings, a resilient consumer base, moderating inflation, and the belief that the Federal Reserve has concluded its interest rate hikes. […]
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, […]
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 […]
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 […]