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S&P 500 hits new highs amidst recession indicator concerns Yield curve and leading economic index raise recession fears, market sentiment remains bullish Tech stocks keep propelling index higher...
S&P 500 Data: The forward-quarter S&P 500 EPS estimate this week (data is of Wednesday, 3/20 last week, as LSEG did not publish on Friday, 3/22) was $242.89 down from last week’s $243.31...
It will be a strange week, given the calendar’s lunar eclipse on Monday and the market’s closure on Friday. Add to that a PCE report on Friday, the day the market is closed, and a Jay...
The Russell 2000 (IWM) has shaped a four-month cup-and-handle pattern, but Friday's challenge of handle resistance was not enough to generate the follow-through needed to continue the rally.Despite...
Long-time readers know that I tend to hang with the glass-is-at-least-half-full crowd when it comes to the longer-term market outlook. The reasons are simple. First and foremost, stocks move higher...
The Nasdaq started brightly but ended up closing below its open price but above the day before yesterday's close. The S&P 500 did something similar, although the intraday range is narrower.These...
Both the Bank of England and the Federal Reserve held interest rates steady, with future cuts hinted at based on inflation progress.After today’s announcement by the Bank of England to hold key...
Another day, another blowout earnings report from a semiconductor company, as Micron Technology (NASDAQ:MU) posted strong fiscal second-quarter earnings on Wednesday after the closing bell.In fact,...
Bitcoin's recent correction has hit crypto mining stocks hard. These will remain in the spotlight over the coming weeks as BTC halves. Should you invest in Bitcoin mining stocks, or is there a better...
Yesterday’s FOMC Rate Decision release has been a game-changer for the stock market, at least for the short-term. The S&P 500 index has reached a new record high at the level of 5,226.19,...
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