Matthew Krumholz 
Stay Informed and Stay Ahead: Market Watch, June 26th, 2024. Mid-Week Wall Street Markets Key Takeaways + NASDAQ, S&P 500, Dow rose; 8 sectors fell, with Consumer Discretionary leading/ Energy lagging. Top industry Air Freight & Logistics. + May new home sales remain weak, missing forecasts and falling behind last month. Explore Friday’s PCE reports … Read more
Stay Informed and Stay Ahead: Technical Series, June 24th, 2024 Core Principles of Elliott Wave Theory Elliott Wave Theory helps us understand how prices in the stock market move in patterns. It was created by Ralph Nelson Elliott. This theory says that market trends happen repeatedly in certain ways that we can recognize, though unexpected … Read more
Stay Informed and Stay Ahead: Market Watch, June 21st, 2024. Late-Week Wall Street Markets Key Takeaways + Dow rose; NASDAQ and S&P 500 fell. Six sectors gained, led by Consumer Discretionary; Technology lagged. Top industry: Leisure Products. + June, U.S. service and manufacturing sectors exceeded expectations, showing growth while leading economic indicators signaled potential slowdown. … Read more
Stay Informed and Stay Ahead: Report Series, June 19th, 2024 U.S. Economic Reports Series: Personal Consumption Expenditures (PCE) Indexes Key Highlights Preferred Measure: The Federal Reserve’s preferred measure of inflation is the Personal Consumption Expenditures (PCE) Price Index, specifically the Core PCE Price Index. Inflation Target: The Fed aims for a long-term inflation target of … Read more
Stay Informed and Stay Ahead: Market Watch, June 14th, 2024. Late-Week Wall Street Markets Three Key Takeaways + Major indices: NASDAQ up, S&P 500 and DJIA down. 8 sectors decline; Communication Services and Tech outperform, Materials and Energy lag. Top industries, Leisure Products and Semiconductors. + In the past 48 hours: Jobless claims rose to … Read more
Stay Informed and Stay Ahead: Market Watch, June 12th, 2024. Mid-Week Wall Street Markets Three Key Takeaways + Major indices: NASDAQ and S&P 500 up, DJIA down. Tech leads; Energy and Consumer Staples lag. Top industry: Automobiles. + May CPI rose 0.1% monthly and 3.3% yearly, beating forecasts. Core CPI increased 0.2% monthly, below expectations. The … Read more
Stay Informed and Stay Ahead: Report Series, June 11th, 2024 U.S. Economic Reports Series: Weekly Petroleum Status Report The Weekly Petroleum Status Report by the EIA provides data on U.S. petroleum supply, including crude oil and product inventories, imports, refinery operations, and production. It helps traders and analysts understand market trends and supply-demand dynamics. This … Read more
Stay Informed and Stay Ahead: Market Watch, June 7th, 2024. Late-Week Wall Street Market Digest Three Key Takeaways + Major indices, NASDAQ, DJIA, and S&P 500 down; Tech outperforms, Utilities and Materials lag; Top Industry: Technology Hardware, Storage & Peripherals. +Employers added 272,000 jobs, beating 182,000 forecasts. Rate cut odds for September dropped to 56% … Read more
Stay Informed and Stay Ahead: Report Series, June 7th, 2024 Trading Reports Series: ProShares UltraPro Short QQQ (SQQQ) SQQQ, the ProShares UltraPro Short QQQ, offers a unique -3X leveraged exposure to the Nasdaq-100 Index, making it an intriguing instrument for options trading strategies. Let’s delve into how seasoned investors and executives can harness SQQQ’s distinctive … Read more
Stay Informed and Stay Ahead: Report Series, June 7th, 2024 U.S. Economic Reports Series: Jobs Employment Report Key Highlights Job Growth Exceeds Expectations: Employers added 272,000 jobs, surpassing the forecast of 182,000. Unemployment Rate Rises: Unemployment increased to 4%, the highest in over two years. Market Reaction: S&P 500 futures initially dropped but rebounded as … Read more