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The Federal Reserve’s dovish pivot this week has helped spark an ‘everything rally’ on Wall Street. Optimism that the Fed is done hiking rates and will shift to cuts next year will...
Consolidated Big Tech has been resistant to a higher interest rate environment. But what happens when the fed funds rate goes down?On December 5th, US Treasury Secretary Janet Yellen made a telling...
U.S. stocks are in rally mode as we enter the final weeks of 2023. With the final CPI report of the year out of the way, the market’s focus is now fixated solely on the Federal Reserve...
Late November, see here, we were based on the Elliott Wave Principle (EWP) looking for the Nasdaq 100 to put in a local top, drop to ideally $15,750, while holding above $15,738 on a daily closing...
Bulls came into the week with a small edge, but it was left to Semiconductors to push beyond its 'bull flag' and July swing high resistance. Gains in the Semiconductor Index coincided with a new MACD...
Investor sentiment continues to rise and is increasingly outperforming its historical average (48.8% vs. 37.5%). November was not only very good for the stock markets but also for the 60/40...
Technology stocks have led the market higher for nearly 2 decades. Semiconductors have been a big part of that leadership.And the leader of all leaders, NVIDIA Corporation (NASDAQ:NVDA) has...
U.S. stocks ended November on a high note as cooling inflation boosted hopes the Fed is done hiking. December is expected to be another strong month as per recent history. Looking for a helping hand...
We hope everyone has had a wonderful, shortened Thanksgiving Week with family and friends last week. As such, our usual update every two weeks is a week later than normal, and a lot has happened since...
The Mastercard SpendingPulse data noted that black Friday shopping increased by 2.5% y/y, down sharply from a 12% y/y increase in 2022. When we think about this, adjusted for inflation, that would...
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