Stay Informed and Stay Ahead: Market Watch, July 23rd, 2024. Early -Week Wall Street Markets Key Takeaways DOW, S&P 500, and NASDAQ were down; Materials led, with Aerospace & Defense as the top industry. June existing home sales declined, missing last year’s numbers and falling below forecasts. The 30-Year Bond yield increased, while yields on … Read more
Stay Informed and Stay Ahead: Market Watch, July 16th, 2024. Early-Week Wall Street Markets Key Takeaways + DOW, S&P 500, NASDAQ up; Russell 2k outperforms; Industrials led; top industry: Passenger Airlines. + June Retail Sales beat forecasts; the July Homebuilder confidence index sluggish and down from June. + Long-term yields pullback more than short-term. Small-caps … 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: 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
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
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
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
Stay Informed and Stay Ahead: Market Watch, May 10th, 2024. Wall Street Late Week Market Recap Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Prelim May Consumer Sentiment took a notable dip, falling to 67.4 from the prior 77.2. This decline can largely be attributed to the rise in Initial Jobless Claims … Read more
Stay Informed and Stay Ahead: Market Watch, May 6th, 2024. Wall Street Early Week Market Recap Edition Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Senior Loan Officer Opinion Survey (SLOOS) highlighted tightening standards and weaker loan demand across various loan types. Market Indices: DJIA (+0.46%), S&P 500 (+1.03%), Nasdaq Composite (+1.19%). Sector … Read more
Stay Informed and Stay Ahead: Market Watch, April 26th, 2024. Wall Street Week Economic Report Recap The latest data on inflation from the Federal Reserve indicates that controlling price growth continues to prove more challenging if they continue to remain focused primarily on a 2% inflation target. In March, the personal-consumption expenditures price index revealed … Read more