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Friday’s trading session didn’t change that much, with the S&P 500 index gaining 0.16% and slightly extending its recent advances. The market reached a new local high of 5,239.66 and...
Stocks closed flattish on Friday after a weaker-than-expected University of Michigan report showed that consumer confidence plunged and inflation expectations rose.The report caused a rather sharp...
CPI inflation, retail sales, producer prices, and retailer earnings will be in focus this week. Walmart is a buy with upbeat Q1 profit and sales growth expected. Deere is a sell amid shrinking EPS,...
Investors are gearing up for what is expected to be an eventful week ahead. CPI inflation and retail sales data will be in focus. In addition, Home Depot and Walmart report quarterly earnings. Looking...
US index futures edged lower ahead of the open as investors book profit. Fed officials are hinting at high rates for longer, but the lack of bad news has limited the downside. Meanwhile, the Nasdaq...
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq 100 indices are...
Rising rate cut hopes are fueling rallies in major indexes. Nasdaq 100 has broken above a key resistance. Meanwhile, S&P 500 is looking to break above a critical barrier. In 2024, invest like the...
As a trader or investor, the weekly chart is a great tool to get a big picture of any market or instrument. It helps to eliminate price fluctuations caused by fundamental releases and news, giving us...
How shall I put this? Let’s see: Apple (NASDAQ:AAPL) has delivered everything the bulls want on a silver platter. If the market doesn’t go raging to new highs today, you can forget about...
The Fed meetings seem to create more confusion than needed, but it is what is what it is. I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC press...
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