The futures were trading positive as we prepare to wrap up trading for the week, month and third quarter. The major indexes closed higher on Thursday, as once again stocks ping-ponged all day before ending higher. Institutional accounts were busy, and will be again Friday, with end-of-the-quarter buying and selling. As is customary, some will be adding “window dressing” so […]

Although these last two weeks have been painful for investors, as the S&P 500 pulled back by ~7% in a rather short time, it is likely setting up what could be a powerful end of year rally. Additionally, if you take a look at a technical chart of the Nasdaq 100 index, we can see that on Wednesday, the market […]

On September 20th, the Fed skipped another interest rate hike, opting to hold it in the 5.25 – 5.50% range. This was despite inflation reheating in August, beating the expected 3.6% forecast by a 0.1% rise. However, the Fed’s preferred inflation gauge, core CPI, remained in line with Dow Jones polling expectations, at 4.3% over the year. Holding the interest […]

The S&P 500 has rallied over 12% year-to-date, but recent analysis showed that over 50% of its gains came from the index’s top 7 biggest stocks. On the other hand, the remaining 493 companies have advanced just 5%, suggesting a significantly lopsided market. ‘The Magnificent Seven’ Accounted for Over 50% of S&P 500’s Gains in 2023 The S&P 500 – […]

The cryptocurrency market has been suffering over the past couple of months after staging a solid rebound this year. The scene deteriorated further last week, with the Federal Reserve keeping its policy interest rates unchanged in the 5.25%-5.5% range in its September FOMC. While the Fed’s decision should have otherwise come as a major boost for the cryptocurrency market, investors’ […]

Wall Street is all about statistics. One of the grim ones is the fact that the last 10 trading days of September are typically the worst of the year. In addition, some of the worst market crashes in U.S. history have occurred in the month of October. One of the biggest was on October 29 of 1929, when on Black […]

Save articles for later Add articles to your saved list and come back to them any time. We are struggling pretty hard to make ends meet at the moment. Missing some bills, already unable to make our car repayments. So we have applied for, and been granted, a repayment holiday for six months. I’m sure you can imagine how much […]

Ford Motor Company (F) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this company have returned +6.7% over the past month versus the Zacks S&P 500 composite’s +0.5% change. The Zacks Automotive – Domestic […]

The initial pandemic period, when there were no vaccines, saw an environment of heightened uncertainties. The price of crude oil plunged to a negative $36.98 per barrel on Apr 20, 2020. However, with the rapid developments of vaccines, which led to the gradual opening of the economies, the pricing scenario of West Texas Intermediate crude improved drastically over time to […]

The pace of earnings reports has slowed to a trickle as the end of the September quarter approaches. No notable earnings reports were released late Tuesday, nor are any scheduled for release on Wednesday. Here is a look at two companies scheduled to report quarterly results after U.S. markets close on Thursday. Adobe Software maker Adobe Inc. (NASDAQ: ADBE) posted […]