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How can we know for sure the stock market is in a bubble? NVIDIA (NASDAQ:NVDA) has been up 155% year to date; its market cap is over $3 trillion. The company has gained the equivalent of Amazon...
Gold is adding on Friday, and it appears that a flight to defensive assets, rather than the risk appetite that drove the price earlier this year, is behind it. Since the start of the week, gold has...
Friday’s trading session is likely to open lower, with the S&P 500 index expected to dip by 0.6% following Wednesday’s record-breaking rally and Thursday’s consolidation. Yesterday, the index...
Both the Nasdaq and S&P 500 have pulled back slightly after hitting record highs. But it's not just tech - a key indicator shows broad market strength, but with a potential warning sign on the...
Markets have been a bit of a mixed bag from markets since my last update. The S&P 500 closed with a neutral setup. Yesterday's close finished within yesterday's range, but the candlestick was a...
Stocks finished mostly lower on the day, with 313 stocks on the S&P 500 trading lower and just 185 trading higher. You would never know that from looking at the index that finished the day up by...
The S&P 500 climbs a wall of worry with bricks of inflation and interest rates to support it. The FOMC is on track to cut rates as the next policy movement, but when is the question dogging the...
Tech stocks held gains after Powell's press conference, but futures markets are mixed. The S&P 500 continues its record run, with key support levels to watch on any dips. With inflation concerns...
SUMMARY OF FED DECISION (Kobeissi Letter) Fed leaves rates unchanged for 7th straight meeting Officials raise 2024 inflation forecast from 2.4% to 2.6% Median forecasts shows just 1 rate cut in...
The stock market continued to fluctuate on Tuesday, with the S&P 500 index gaining 0.27% and reaching a new record high of 5,375.95, slightly higher than Friday's daily high. The market has been...
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