Fundamental Overview The Nasdaq rallied to the recent highs last Friday despite the higher-than-expected US CPI and PPI reports. The Fed targets the PCE though and the Core PCE Y/Y is now expected to tick lower to 2.6%. The market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line […]
S&P 500 experienced its sharpest decline since the August drop as U.S. manufacturing shrank for the fifth consecutive month, while a surge in corporate bond issuance made it the busiest day on record. Stock Market Indices Overview: S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis. Elliott Wave […]
Today’s Stock Market Indices OverviewS&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis Elliott Wave Analysis Indices: Triple Witching Friday 21 June – SP500 and NASDAQ 100: Both indices are in Elliott Wave v of (iii) of iii) of 3 of (5) of 3) of […]
Trump Media stock rotates 4% lower after gaining in premarket. Donald John Trump was convicted of 34 felony counts for falsifying business records on Thursday. New York state jury was unanimous on all counts against former President. DJT stock support sits near $42 if shares fall out of $45 to $50 consolidation zone. Trump […]
SPX uptrend questioned
S&P 500 couldn‘t keep the fine rebound as all eyes were on „good that the job market is still OK, but maybe the Fed would stop hiking now“ interpretat Source link
Share: Palantir stock benefits from neutral Fed meeting. Fed Chair Powell says economy unlikely to crash this year. Meta Platforms has lifted other tech stocks with its earnings beat. NASDAQ 100 rises 1.2% in Thursday trading. Palantir (PLTR) stock is trading marginally higher during Thursday’s US session. The stock initially broke above the […]
Share: S&P 500 added 0.69% last week but closed well off intra-week high. Last week set up a bearish evening star doji pattern on the S&P 500 daily chart. Nearly one-third of the S&P 500 reports earnings this week. FOMC meeting on Wednesday will end with decision on fed funds rate. Microsoft, Meta […]