The markets remain supported by strong fundamentals, such as growing earnings, sturdy consumer spending, a healthy labor market and cooperative inflation. Given the economic momentum, Fed Chair Powell indicated that the central bank is in no hurry to lower interest rates further.
Interactive Brokers Traders Insight
If an upstart developer can create an open-source platform that requires far less hardware to be productive, then it has the potential to puncture the expected demand for the type of chips needed.
The situation says much more about that specific business than the overall market, and that the days of attracting attention to one’s short bets are behind us.
The whole Y2K problem stemmed from an issue that now seems anachronistic, but its market implications were felt for some time.
Since there are fewer than usual outside forces that could alter the market’s path, the motion, or inertia, could operate relatively unimpeded today.
Buying a dip works really well in an uptrend, but a subtle change in trend can be like the proverbial frog in a pot of boiling water.
The back-to-school season isn’t just producing frowns for some students, it’s also dealing investors with losses.
Consumer confidence rebounded this month despite households’ apprehension about stock market bumpiness, reduced employment opportunities and other headwinds
Yesterday it was the Harris Trade but today it’s the Trump trade as stocks attempt to bounce back from last week’s selloff by using any lever they can pull. But from a probability perspective, election odds haven’t changed much, with Trump still expected to handily become 47
Markets are pumping aggressively this morning as investors pray that the Fed follows its counterpart north of the border in cutting rates.