The New Normal: S&P 500’s Rollercoaster Ride and the ‘Weirdest Bull Market’ Yet
Approaching the close of 2023, the S&P 500 index is edging towards a fresh record high. However, a disconcerting reality for stock pickers unfolds as numerous index constituents still lag far behind their January 2022 peaks. This disparity has given rise to a notable schism in the U.S. market, creating what eToro’s Callie Cox aptly […]
S&P 500 on the Rise: Key Considerations for Smart Stock Market Investing
The primary benchmark in the stock market hasn’t achieved a record close for almost two years. The journey for stock-market enthusiasts has been notably unusual and unusually protracted. After nearly two years, the S&P 500 is only a few points away from reaching record territory. On Tuesday, the S&P 500, the prominent U.S. large-cap benchmark, […]
S&P 500 Rallying to New Heights: Strategist Highlights Euphoric Investor Sentiment
Key Insights for Today’s U.S. Trading Session As 2023 draws to a close, investors may be tempted to stay on the sidelines, considering recent market volatility and the high expectations tied to the elusive Santa Rally. However, the outlook appears optimistic for the upcoming Tuesday trading session in this shortened week. Following the release 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 […]
Is the ‘Santa Claus’ Rally on the Horizon? A Look at the Stock Market’s Seasonal Surge
Pete Biebel of Benjamin F. Edwards suggests that a portion of Santa’s generosity may have already been distributed, indicating a potential early start to the anticipated Santa Claus rally on Wall Street. This traditional rally is characterized by the stock market‘s tendency to ascend during the final five trading days of the current year and […]
S&P 500’s Year-End Battle: Bears Rally as ‘Doji’ Patterns Emerge
A double ‘doji’ has appeared in the candlestick charts of the S&P 500, suggesting the potential for a significant move, though the direction remains uncertain. Despite a remarkable surge, a hint of bearish sentiment is emerging in a major U.S. index. The S&P 500 is within 2% of its record high, last achieved on January […]
What’s Truly Fueling the Surge in U.S. Stocks According to Wall Street in 2023
As the year nears its end, financial experts can enumerate various reasons for the upward trajectory of the U.S. stock market. However, a faction of Wall Street strategists contends that attributing the market gains solely to the possibility of a “soft landing” for the U.S. economy or potential Federal Reserve interest rate cuts oversimplifies the […]
U.S. Stock Market’s Monday Marvel: An Exceptional and Uncommon Event
Questions are surfacing on Wall Street about whether the once-revered “Magnificent Seven” are losing their allure. A noteworthy event occurred in the U.S. stock market on Monday, sparking speculation and raising concerns about the future leadership of the market. Despite all three major U.S. equity indexes reaching fresh 52-week highs, including the Dow Jones Industrial […]
S&P 500 Futures Maintain Solid Ground Following Two-Decade High
U.S. stock futures faced challenges in gaining momentum on Monday as investors anticipated a bustling week on the economic front, marked by crucial events such as consumer prices and the final Federal Reserve meeting of the year. Here’s a snapshot of stock-index futures activity: In Friday’s trading, the Dow industrials (DJIA) increased by 130.49 points, […]
From Battle to Recovery: What’s Next for Investors in 2024?
For the second consecutive year, U.S. Treasurys have exerted a significant impact, resembling a wrecking ball with volatile swings in yields dictating the tone for the stock market and various assets. As the year draws to a close, the market appears more stable, experiencing renewed buying interest that has driven the benchmark 10-year Treasury yield […]
