2024 Stock Market Forecast: Is January the Crystal Ball We’ve Been Waiting For?
According to an analysis by Bespoke Investment Group, historical patterns suggest that the S&P 500 index may continue its upward trajectory in 2024, following robust returns in January. The research team at Bespoke observed that when the S&P 500 is in positive territory for the month up to a certain point, it tends to climb […]
S&P 500 Hits New Highs, but These Stock-Market Indexes Are Struggling
Thursday could mark the fifth consecutive record close for the S&P 500, showcasing its ongoing strength. However, alternative indicators of the U.S. stock market reveal a less optimistic picture. The Value Line Geometric Index VALUG, an equal-weighted measure tracking the median performance of approximately 1,700 major listed companies in North America, lags significantly behind its […]
Smart Money Moves: Why the Fed Model Points to Stocks Crushing Bonds for the Next 10 Years
The S&P 500’s impressive rally may encounter a setback due to Tesla’s disappointing performance, leading to a decline in its premarket shares. Investors await updates from other tech giants in the Magnificent Seven, including Microsoft (MSFT), Alphabet (GOOGL), and Apple (AAPL), next week. Despite this, the tech stock group has shown a robust start to […]
Netflix’s Soaring Success Propels S&P 500 Futures to New Heights!
Stock index futures indicated a positive start for the S&P 500 early Wednesday, poised for another record, fueled by upbeat earnings, stabilized bond markets, and a monetary stimulus in China, which bolstered risk appetite. Current stock-index futures trading reveals: On Tuesday, the Dow Jones Industrial Average fell 96 points (0.25% to 37905), the S&P 500 […]
S&P 500’s Victory Lap: Meet the 3 Stock Sectors Dominating the 2-Year Rally
According to a report from DataTrek Research, although the S&P 500 achieved a record closing high on Friday, the overall market ascent has not benefited many sectors. DataTrek evaluated sector performances over the approximately two-year period leading up to January 19, comparing it to the index’s last peak on January 3, 2022. Nicholas Colas, co-founder […]
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 […]
S&P 500 Shatters Records – Brace Yourself for the Market Aftermath
Interest-rate uncertainty caused the S&P 500 to fluctuate within a narrow trading range for a month. On Friday, the S&P 500 achieved its first record close in over two years, establishing a new intraday record after remaining within a tight trading range for almost a month. The benchmark index concluded the day at 4,839.81, surpassing […]
Buckle Up! The Trillionaires’ Stock Market is Redefining Investment Trends
The Trillionaires assumed control of the S&P 500 in 2023, rescuing it with a substantial impact on the market’s dynamics, whether for better or worse. This group, comprised of seven U.S. companies valued at $1 trillion or more—Alphabet Inc. (Google’s parent), Amazon.com Inc., Apple Inc., Meta Platforms Inc. (Facebook’s parent), Microsoft Corp., Nvidia Corp., and […]
TSMC Shines: S&P 500 Futures Rise Amidst Treasury Yield Decline
Early on Thursday, U.S. stock index futures saw a modest uptick, influenced by a dip in Treasury yields and a relaxation of tensions in Asian markets. Current Trading Status: On the prior day, the Dow Jones Industrial Average (DJIA) fell by 94 points or 0.25% to 37267. The S&P 500 (SPX) declined by 27 points […]
Fed’s Waller Sparks Sell-Off: Dow Drops More Than 200 Points Amidst Rate Cut Concerns
On Tuesday, the US stock market closed with losses as investors considered both corporate earnings and a statement from a Federal Reserve member who hinted at a reduced need for interest rate reductions in the future. How stocks traded Stock prices experienced growth in the previous week, as the S&P 500 ended Friday only 0.3% […]
