by admin | May 1, 2024 | Blog
The U.S. stock market has kicked off 2024 with a bang, fueled by optimism surrounding the economy and expectations of multiple interest rate cuts. This sentiment, combined with the soft landing and AI narrative for equities, has driven market exuberance. The S&P...
by admin | May 1, 2024 | Blog
If you’re still questioning whether the U.S. stock market will stay above 5,000 points, you’re behind the curve. Wall Street pros are eyeing 6,000 points. Analysts like those at Barclays and Ed Yardeni say it’s only a matter of two years. Even Tom...
by admin | May 1, 2024 | Blog
The market experienced a decline following Powell’s Wednesday speech, indicating that a March rate cut is unlikely. However, a strong rebound the next day suggests that the current uptrend momentum remains robust, with the SPX staying above its short-term moving...
by admin | May 1, 2024 | Blog
On the first day of the new year, the market experienced a downturn as large tech took a hit, leading the way down aggressively (at the time of writing 01/02/24). While a pullback is expected due to the market being overbought for a long time, it’s time to...
by admin | May 1, 2024 | Blog
The stock market experienced a remarkable turnaround in November, with the S&P 500 (SPX) closing the month with a nearly 9% gain, and the Nasdaq registering an impressive 11% increase. Investors are now pondering if there is the potential for a Santa rally. Big...
by admin | May 1, 2024 | Blog
If we have ever been confused about whether the recent market correction is driven by the Fed’s interest policy, an incoming recession, Middle East tensions, or high stock valuations, as discussed in the WSJ article (source: link), we may now realize that the...