World Market Cap Reaches $123 Trillion: Key Stocks Trends
Strategists Recommend Industrial Metals, Materials, and International stock market as the Best Play for China’s Rally Global stock market capitalization is set to break its three-year high following interest rate cuts by the Federal Reserve and new economic stimulus measures from China. According to Bank of America, citing GFD Finaeon data, the global market cap […]
How Economic Data Is Now Driving Investor Panic
Investors are becoming increasingly anxious about all types of economic data, including routine reports that were once easy to overlook. As the Federal Reserve works to reduce rates and achieve a soft landing for the economy, market reactions have intensified. While key reports like monthly job figures still attract attention, even less significant data releases […]
Stocks Poised for a Dot-Com Era Event
This raises questions about how much longer the rally can sustain its current momentum. The S&P 500 is approaching a notable achievement: a 20% or greater increase in two consecutive calendar years. As of Tuesday’s close, the index was up more than 20% year-to-date, marking a significant milestone, with its 41st record high of the […]
Proven Stock Market Indicator Flashes ‘Buy’ Signal
A widely-followed stock-market indicator is flashing a strong buy signal as more companies join the ongoing rally. A sharp rise in the McClellan Summation Index, a measure of market breadth, is now predicting further gains for the S&P 500 with near-perfect accuracy, according to Dean Christians, senior research analyst at SentimenTrader. The McClellan Index tracks […]
S&P 500 Hits New Highs: Is 6,000 Next in Line?
The U.S. stock market continues to show strong “earnings momentum,” with the S&P 500 potentially reaching 6,000 in 2024, according to DataTrek Research. Following the Federal Reserve’s recent interest-rate cuts, this target seems achievable given the current market levels. On Monday, the S&P 500 index hit a fresh record high, closing at 5,718.57, based on […]
Stocks to Watch as September Breaks 5-Year Downtrend
September has traditionally been the worst month for U.S. stocks, but 2024 is bucking that trend. While September is known for the start of school and football season, it also has a notorious reputation for dragging down the stock market. Historically, the S&P 500 has averaged a loss of 1.2% during the month, making it […]
