S&P 500 Unveils Rare Occurrence: A Game-Changing Signal for Stock Investors!
In 2023, despite initial concerns about a recession, the S&P 500 (SNPINDEX: ^GSPC) demonstrated resilience by surging 24%. The first seven months saw a robust 20% increase, driven by strong economic growth, subdued inflation, and growing enthusiasm for artificial intelligence. However, the latter half of the year brought challenges. August, September, and October witnessed a […]
Navigating the ‘Pain Trade’ in 2024: Potential Reversal of Stock and Bond Market Fortunes
Incorrectly timing rate cuts poses a significant risk, warn strategists at TS Lombard As the market embarked on a robust “everything rally” fueled by high expectations of imminent interest rate reductions by the Federal Reserve to avert a recession, the risks of miscalculating the timing of these cuts are emphasized by Skylar Montgomery Koning and […]
S&P 500 Futures Surge as Record Highs Anticipated Before CPI Revelations
Early Thursday, futures suggested that the S&P 500 would open slightly higher, hovering just a few points away from the record close of 4796.6 observed in January 2022. The potential to reach this milestone hinges on the release of the December CPI inflation report at 8:30 a.m. Eastern. The stock market has experienced a robust […]
Fed Rate Cuts: A Potential Pitfall for Stock-Market Bulls – Here’s Why
Deutsche Bank’s analysis indicates that throughout history, a reduction of 150 basis points in interest rates, equivalent to 1.5 percentage points, by the Federal Reserve has typically been linked to economic recessions. Investors optimistic about a smooth economic slowdown find reassurance in market expectations that the Fed will implement such rate cuts in 2024. However, […]
Investors Gear Up for a Pivotal Week: Shaping the 2024 Landscape for Stocks and Crypto
The upcoming week holds a confluence of significant events that could shape the trajectory of various markets. Despite an uncertain start for stocks in 2024, the first full trading week of the new year is poised to establish a tone for the year ahead. The pivotal question surrounding the taming of inflation takes center stage, […]
Navigating 2024: The Unpredictable Dance of Stock Market Investors and Rate-Cut Expectations
Stock investors have experienced a shaky start to the new year, facing uncertainties linked to shifting expectations regarding the timing and extent of Federal Reserve interest-rate cuts in 2024. The nine-week winning streak for all three major U.S. stock indexes came to an end on Friday. This reversal followed unexpectedly robust December job gains, causing […]
S&P 500 Extends Decline: Fourth Consecutive Day of Losses in 2024
The benchmark for technology stocks falls for the fifth consecutive session, marking its longest period of continuous losses since October 2022. On Thursday, the majority of U.S. stocks ended the day with lower values. The Nasdaq Composite, which primarily consists of technology stocks, experienced its fifth consecutive session of declines, while the S&P 500 had […]
Santa Skips Wall Street: A Challenging Start to 2024 as Stock Market Fails to Rally
Kriss Kringle chose to bypass Wall Street for the first time since the 2015-16 period, marking an unusual absence of Santa Claus in the financial hub. The “Santa Claus rally,” traditionally observed during the last five trading days of a calendar year and the first two sessions of the new year, typically lifts the S&P […]
Pause or Surge? Top Wall Street Bull’s 2024 Forecast Unveiled
Oppenheimer’s John Stoltzfus predicts that the U.S. stock market will exhibit a data-dependent behavior until the commencement of the upcoming fourth-quarter earnings season, scheduled to kick off next Friday. As the robust bull run, which propelled the major indexes to double-digit growth in the preceding year, potentially loses momentum in early January, strategists at Oppenheimer […]
S&P 500 Futures Brace for a Subdued Kickoff in the New Year Amidst Rising Bond Yields
Early on Tuesday, U.S. stock index futures signaled a cautious start for Wall Street as the new trading year commenced. Following a robust 2023 rally that brought the S&P 500 close to a fresh record, market sentiment appeared tentative. Here’s how stock-index futures were faring: In the previous session, on Friday, the Dow Jones Industrial […]