Wall Street ended the shortened Independence Day holiday week lighting fireworks of its own, with the S&P and Nasdaq punching fresh record highs for the third time in as many days. But beneath the celebratory gloss of equity gains, there’s a far more nuanced and tactical dance underway—because while stocks soared, the rate-cut runway just…
S&P 500 did correct a little in price intraday, but it‘s the sectoral perspective that counts to me most in saying whether that‘s been enough for now, or not – I disccuss that at sufficient length in today‘s video. TSLA corrected to client-given low $320s, NVDA is breaking out, that tech outperformance and leadership lasts…
sp500 Skerdian Meta•Saturday, February 22, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> Main US stock indices such as S&P 500 and Dow Jones ended the week lower, with Applovin and the Palantir stock losing…
TSMC’s strong Q4 2024 earnings and positive 2025 forecast boosted market sentiment and drove gains in chip stocks like Nvidia. Overall corporate profits remain strong, with a high percentage of S&P 500 companies exceeding earnings estimates. Technically, the S&P 500 is still in a bearish trend, but a close above the 5981 handle could signal…
Financial markets waited all week for the jobs data, and that data did not disappoint. Like in the Goldilocks tale, the jobs numbers weren’t too hot, nor too cold. They were just right! As a result, the S&P 500 and the Nasdaq both closed a record high on Friday (December 6th). The S&P 500 was…
The Exchange Fund reported one of its best quarterly returns as stock markets rallied in Hong Kong and the United States, as a diversified investment approach helped to swell the financial war chest for defending the city’s currency peg. The fund’s investment return more than doubled to HK$224.7 billion (US$28.8 billion) in the first nine…