The FTSE 100 hit a new intraday record as the pound weakened after unemployment rose and wage growth slowed — this has boosted expectations that the Bank of England may cut interest rates. As a result the FTSE 100 is rallying faster than the S&P 500, given that the S&P should rally further (target 7000), […]
Insider and institutional selling occurs near market tops Read More »
FTSE 100, S&P 500, Stocks and SharesThe US stock market is poised for a rebound following a sharp decline in the S&P 500 on Thursday, which pulled the index back toward its 20-day moving average. Pre-market futures signal optimism, with S&P contracts up approximately 0.6% and Nasdaq 100 futures advancing 1.2%, largely buoyed by robust earnings from tech giants Amazon and
Amazon earnings report is positive for the S&P 500 Read More »
FTSE 100, S&P 500, Stocks and SharesMarkets have rallied to all-time highs but the rally is running out of steam. Investors are becoming cautious following a mixed close yesterday and positive developments from the Federal Reserve’s rate decision and U.S.-China trade talks. While Federal Reserve Chair Jerome Powell’s hawkish comments tempered expectations for a December rate cut, perceived progress in the
Powell is not dovish, markets pull back Read More »
FTSE 100, S&P 500, Stocks and SharesEquity markets continue to make new highs, with momentum driven by AI optimism, record highs in major indices, and anticipation of both Federal Reserve rate action and key tech earnings releases today. Today is a pivotal day for markets, with two major catalysts, Fed decision and Big tech earnings. The FOMC is widely expected to
S&P 500 hits new highs but market breadth deteriorates Read More »
FTSE 100, S&P 500, Stocks and SharesMarkets closed lower yesterday, with the S&P 500 off 0.5%, driven by weak guidance from semiconductor firms like Texas Instruments and a post-earnings slump in Netflix. Tesla’s shares fell sharply in after-hours trading yesterday after the EV giant reported earnings that missed estimates, despite revenue growth, adding pressure on tech-heavy indices. The reaction underscores how
Tesla earnings disappoint at the end of an Elliott wave Read More »
S&P 500, Stocks and SharesStocks are likely to open flat or slightly higher, with reduced volatility as investors assess the government shutdown’s impact and await clarity on economic data. Technology and AI stocks may continue to lead, but energy stocks could face headwinds. Investors are advised to remain diversified and cautious, as October’s historical volatility and upcoming earnings season
After the excitement, stock investors could be disappointed Read More »
FTSE 100, S&P 500, Stocks and SharesThe S&P 500 recently closed above 6,600 for the first time, but sentiment is mixed as investors await the Fed’s interest rate decision. The Fed is expected to announce a 25 basis point rate cut today. Markets will be watching how dovish the Fed is, what its forward guidance says, how many cuts are anticipated
U.S. interest rate decision Read More »
FTSE 100, S&P 500, Stocks and SharesRecent earnings have reinforced the strength of leading technology and AI-focused companies, pushing their stocks higher and keeping markets near record levels. The excitement is understandable—AI has the potential to transform industries in ways similar to the internet revolution of the late 1990s. Back then, investors rushed to buy into the “new economy,” and while
