The Summer Stock Rally: Why Experienced Market Technicians Are Voicing Concerns
As temperatures increase during the summer, so does the stock market. The S&P 500 index has officially entered bull market territory after 164 days due to a 23% increase from its lowest point in October. The only recovery that took longer to transition from a bear market to a bull market was in 1947, which […]
Stock-Market Rally Continues: S&P 500 on Track for Impressive 7-Day Winning Streak
On Friday, U.S. stocks slightly increased and maintained a remarkable surge observed due to indications of a decline in inflation and employment opportunities. What’s happening What’s driving the market On Thursday, the S&P 500 experienced the longest period of consecutive gains since November 2021, with its sixth consecutive increase. Additionally, the Nasdaq achieved its highest […]
The Fed’s Inaction and the Ongoing Stock Market Rally: What Could Bring It to a Halt?
Some people are still confused after the recent Federal Reserve meeting, and now there is a concern for Thursday’s market, with technology stocks appearing to be particularly unstable. The Fed recently decided to hold off on increasing interest rates, but they expect to do so twice in the future. However, Chairman Jerome Powell attempted to […]
S&P 500, Nasdaq Futures Rise as Investors Eye Crucial Fed Rate Decision
Investors are anticipating an end to the Federal Reserve’s monetary tightening campaign, hence the S&P 500 and Nasdaq futures have slightly increased, as reported by Reuters on Wednesday. It is anticipated that the United States central bank will maintain the current interest rate range at 5% to 5.25%, which is the first time it has […]
Surging Market Volatility: S&P 500 Records Impressive Gains Amid Turbulence
On Monday, the S&P 500 and the Nasdaq reached their peak closing marks since April of 2022. Investors are anticipating the release of the inflation report and the decision on interest rates by the Federal Reserve. Traders are currently predicting that there is a 72% likelihood that the Federal Reserve will keep the interest rates […]
Stock Market Update: Stocks Set for a Muted Open Today
US stocks are expected to have a calm start on Monday, as investors are anticipating important information related to inflation and the Federal Reserve’s policy statement on interest rates later in the week. On Sunday at 6:25 p.m. Eastern time, the futures for the Dow Jones Industrial Average remained steady, showing a 9-point increase, while […]
S&P 500 and Nasdaq Reach New 2023 Highs: Tesla Leads the Charge
On June 9th, the S&P 500 finished the day at a higher point than where it began, although it didn’t reach its highest point during the day. Despite a rally from Tesla, the overall stock market failed to respond strongly in anticipation of the upcoming Federal Reserve policy meeting and inflation data next week. The […]
Breaking Down the Wall of Worry: Stock Market Gains and Predictions
The S&P 500 index is currently experiencing a bullish market trend, and the level of volatility in the market is at its minimum. Additionally, a higher number of stocks are exhibiting an upward trend, as compared to the previous months. Does this mean that investors have nothing to be concerned about? There doesn’t seem to […]
Morgan Stanley Predicts Earnings Collapse for Wall Street’s Disregarded Stock Surge
It is not easy to find optimistic investors on Monday, following a significant increase in the S&P 500 after positive employment figures and the resolution of the debt ceiling issue, which has brought the market to the brink of a bull market. However, it is not a bad situation as the technology sector is only […]