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Investors dumped Meta Platforms (NASDAQ:META) shares like they were infected with COVID yesterday. The stock plummeted 9.4% after the U.S. consumer-price index revealed that inflation spread beyond...
Hot CPI reinforced expectations Fed will hike aggressively Gold looking heavy as bulls desperately clinging onto $1,700 support Watch out for sharp move lower if support gives way The markets...
Concerns on accelerating inflation, rising interest rates, and a slowing economy Despite tough macro backdrop, some out-of-favor growth stocks staged recoveries Uber, Trade Desk, and Pinterest offer...
Palladium may be boxed in, going nowhere on economic uncertainty Hawkish Fed not making outlook any better for auto catalyst With appropriate demand, charts show palladium could target $2,394 After...
So much for that. It took one day to erase nearly a week’s worth of gains. An almost 6% rally in the S&P 500 was gone in less than 7 hours. This market moves with incredible speed, and we...
After a higher than anticipated CPI report, the major market averages traded much lower. August CPI came in increased by 20 basis points. Fed Futures are now pricing in a 20% chance of a 100-basis...
The S&P 500 crashed more than 4% yesterday after the monthly inflation report came in higher than expected. The panic selling wasn’t triggered because inflation continues accelerating. In...
Eli Lilly stock is looking expensive following its substantial gains in recent years There are also some signs that sales are weakening due to the falling demand for COVID treatments and patent loss...