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In the UK, any Santa rally remains notable by its absence. The premier index slipped once more, led by weakness in the oil majors and most of the mining sector as prospects for the Chinese economy...
The S&P 500 finished the day about 38 basis points higher. It had been up earlier, reaching a peak of around 55 basis points. The index climbed to approximately 6,085, filling the gap from the...
All markets enjoyed a bright day - even the Russell 2000 (IWM) - although the last hour of trading saw some comeback across the indices. The best of the action came from the Semiconductor Index....
Look up in the sky. It's a bird. It's a plane. It's Superman! Nope, it's lots of drones flying over New Jersey, New York, and Maryland typically between 6 p.m. and 11 p.m. They are reportedly the...
The UK will be subject to an interest rate decision this week. On Thursday, preceded by an inflation report and a retail sales update, the Bank of England is expected to leave rates unchanged despite...
First Comes The Fed, Then Santa Last week, we discussed that the risk to the markets was the annual portfolio rebalancing process. To wit: “With the year-end approaching, portfolio managers need to...
Taylor Swift’s “The Eras Tour” ended yesterday in Vancouver. The extraordinary singer started this sixth concert tour in Glendale, Arizona on March 17, 2023. The tour consisted of 149 shows spanning...
The loss of the 20-day MA in the Russell 2000 (IWM) is playing towards a test of the 50-day MA. Friday's premarket had suggested a recovery was possible but the reality was something different....
• Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. • Micron offers significant upside potential backed by robust earnings growth and strong demand for its AI-related...
Understanding the trajectory of corporate earnings is crucial for investors, as these earnings significantly influence stock valuations and market performance. Economic indicators such as Gross...
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