by admin | Oct 10, 2024 | Blog
In May, the S&P 500 rose by 4.8%, marking its best month since February. Meanwhile, the technology-heavy Nasdaq climbed 6.9%, achieving its largest monthly gain since November. The Dow also saw an increase of 2.3%, its strongest monthly performance since December....
by admin | Oct 10, 2024 | Blog
In April, U.S. stocks wrapped up the month with losses, marking their worst performance of the year across all three major indexes. The Dow recorded its toughest month since September 2022. This decline was driven by concerns over rising inflation and expectations of...
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...