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 […]
Bulls vs. Bears: Assessing Whether the Midweek Dip is a Sign of a Decent Pullback
U.S. stocks faced a clear risk of a technical pullback following a rapid surge from October lows. However, Wednesday’s abrupt downturn on Wall Street has prompted traders and analysts to contemplate whether more challenges lie ahead. Analyzing numerous charts, technical analyst Mark Arbeter, President of Arbeter Investments, observed, “Some Technology stocks are extremely extended, and […]
Red Sea Crisis Sparks Renewed Inflation Worries in Financial Markets
Recent attacks on commercial shipping in the Red Sea are sparking renewed concerns about the possibility of another wave of inflation, particularly in Europe, posing a threat to the core narrative in the financial markets for the new year. This narrative gained momentum after the Federal Reserve’s recent dovish pivot and continued to unfold on […]
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 […]
S&P 500’s Winning Streak: Six Years of Consistent Weekly Gains
Major U.S. stock indices marked their seventh consecutive week of gains as they closed mostly higher on Friday, following the Federal Reserve’s policy meeting. The S&P 500 achieved its lengthiest weekly winning streak since November 2017, according to Dow Jones Market Data. Here’s a breakdown of how the stock indices performed: The week saw a […]
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 […]