Avatar photoMatthew Krumholz

Tech Leads Stock Market Rally: Services Expand, Manufacturing Slows; Semiconductor ETFs Gain

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Stay Informed and Stay Ahead: Market Watch, June 5th, 2024. Mid-Week Wall Street Market Digest Three Key Takeaways +NASDAQ and S&P 500 rose alongside DJIA; tech sector excelled while utilities underperformed; semiconductor industry was notable. +In May, Services PMI® rose to 53.8%, private jobs increased, but manufacturing and hospitality hiring slowed. + Semiconductor and NVIDIA … Read more

Early Job Trends: ADP Employment Report’s Market Impact and Predictive Value

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Stay Informed and Stay Ahead: Report Series, June 6th, 2024 U.S. Economic Reports Series: ADP® National Employment Report Based on payroll data from approximately 400,000 U.S. business clients, the ADP report is released two days before the government’s Labor Market Report and is often used as a predictor. The ADP National Employment Report, published monthly … Read more

JOLTS Report Offers In-Depth Look at U.S. Labor Market Dynamics

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Stay Informed and Stay Ahead: Report Series, June 4th, 2024 U.S. Economic Reports Series: Job Openings and Labor Turnover Summary (JOLTS) The Job Openings and Labor Turnover Summary (JOLTS) is a monthly report released by the U.S. Bureau of Labor Statistics (BLS). It provides key insights into the job market, including job openings, hires, and … Read more

S&P Manufacturing PMI Boosts NASDAQ, S&P 500 Amid Nvidia, Healthcare Rising

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Stay Informed and Stay Ahead: Market Watch, June 3rd, 2024. Early-Week Wall Street Market Digest Three Key Takeaways +NASDAQ and S&P 500 up, DJIA declined. Healthcare/Tech outperform, Energy lags as Oil falls on OPEC+ announcement. +Today’s S&P manufacturing PMI indicates expansion, surpassing expectations and boosting market sentiment. + GraniteShares 2x Long NVDA Daily ETF surged … Read more

Inflation Stability Hints Rate Cuts; Market Resilience; Energy Leads, Tech Lags

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Stay Informed and Stay Ahead: Market Watch, May 31st, 2024. Late-Week Wall Street Market Digest Three Key Takeaways + DJIA and S&P 500 rose; NASDAQ fell. Sectors: Energy led, Information Technology lagged. + PCE index remained stable, while Core PCE decreased slightly with inflation continuing to cool, supporting Q3 rate cuts. + NASDAQ shows mixed … Read more

Inverse ETFs Surge Amid Market Decline; Yields Rise; Crypto Stable; Volatility Up

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Stay Informed and Stay Ahead: Market Watch, May 29th, 2024. Wall Street Mid-Week Market Recap Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Home prices up, consumer confidence rose, retail flat. Market Indices: Major indices declined: DJIA, S&P 500. Sector Performance: All sectors fell; tech led; energy lagged most. Factors: Mega Cap … Read more

Tech and Growth Propels Economic Rebound: Durable Orders Beat, Consumer Confidence Up

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Stay Informed and Stay Ahead: Market Watch, May 24th, 2024.   Wall Street, Late-Week Market Recap Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Goods orders rise, May sentiment beats forecasts. Market Indices: DJIA up 0.01%, S&P 500 up 0.70%, Nasdaq up 1.10%. Sector Performance: 10/11 sectors up; Communication Services lead, Energy, … Read more

NVDA Surpasses Earnings; Bearish Bets Drop; Natural Gas Surges

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Stay Informed and Stay Ahead: Market Watch, May 22nd, 2024. Wall Street Mid-Week Market Recap Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: April existing home sales soft at 4.14M, missing the 4.21M consensus. Market Indices: DJIA (-0.51%), S&P 500 (-0.27%), Nasdaq Composite (-0.18%). Sector Performance: 8 of 11 sectors lower; Health … Read more

Tech and Growth Lead Rally; Inflation Cools, Bitcoin Jumps $4.6K

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Stay Informed and Stay Ahead: Market Watch, May 15th, 2024. Wall Street Mid-Week Market Recap Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Inflation data cools, Consumer price index beats and Core CPI on consensus. Market Indices: DJIA (+0.88%), S&P 500 (+1.17%), Nasdaq Composite (+1.40%). Sector Performance: 10 of 11 sectors higher; … Read more

NASDAQ-100 & SQQQ: Powell, CPI & PPI Up Tomorrow

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Stay Informed and Stay Ahead: Options Watch, May 13th, 2024. NASDAQ-100 & SQQQ: Insights, Volatility, Economic Data The NASDAQ-100 Index: Comprising 100 major companies from diverse sectors such as technology, retail, and biotechnology. SQQQ’s Market Timing: Reflecting broader market trends, SQQQ (ProShares UltraPro Short QQQ) offers insight into overall market sentiment despite being primarily focused … Read more