-
US Stocks Set To Open On A Mixed Note As Investors Await Earnings From Tesla, Boeing, GM And Others: Strategist Predicts Significant Gains In This Bull Market
Monday, October 21, 2024 - 7:02am | 1245Read More...U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a sixth straight week. Earning news flow will pick up momentum in the coming days, potentially cushioning any downside, with Tesla Inc. (NASDAQ:TSLA), Boeing Co. (NYSE:BA), General Motors Co. (NYSE:GM)...
-
Ryan Detrick Predicts Bullish Trends For S&P 500: Historical Data Suggests Significant Gains
Monday, October 21, 2024 - 4:11am | 858Read More...Ryan Detrick, Chief Market Strategist at Carson Group, recently highlighted positive trends for the S&P 500, noting that the index has risen in 10 of the last 11 months. What Happened: This pattern, he stated on X, has occurred only ten times since 1950, with historical data showing that...
-
US Stocks Could Open Narrowly Mixed After Tuesday's Chip Sell-Off, Bitcoin Heads To $68K, Oil Slips
Wednesday, October 16, 2024 - 7:29am | 1263Read More...U.S. stock futures point to a flattish start on Wednesday after the S&P 500 Index and the Dow Jones Industrial Average retreated from record highs in the previous session. A rebound by tech stocks could lend support to the market but the absence of any major economic catalysts could render the...
-
US Stocks Set To Open Marginally Lower, Nvidia Gains, Traders Eye Fed Minutes: Strategist Predicts Many More Years Of Gains Ahead Of Bull Market's 2nd Anniversary
Wednesday, October 9, 2024 - 7:29am | 1416Read More...See-sawing mood persists on Wall Street as the index futures point to a marginally lower start on Wednesday after the tech-led rebound witnessed in the previous session. Nvidia Corp. (NASDAQ:NVDA) is advancing in premarket and the rest of the big techs were just about higher. Commodities are...
-
Wall Street Set To Start New Week Sharply Lower As Traders Brace For Key Economic Data And Fed Minutes: Why Strategist Sees Market Consolidating In Near Term
Monday, October 7, 2024 - 6:41am | 1641Read More...U.S. stock futures are headed lower on Monday after the jobs data-induced strength seen in the final session of last week. The mood has been rendered cautious as traders await a few key first-tier economic data and the minutes of the Federal Reserve’s September rate-setting meeting. The...
-
US Stocks Set For Flattish Start As Traders Eye Job Data, Jerome Powell Speech And Looming Dock Workers' Strike: Top Analyst Says 'Stage Is Set' For Tech Stocks To Move Higher
Monday, September 30, 2024 - 6:37am | 1498Read More...U.S. stocks appear on track to start the new week on the back foot, with index futures modestly lower early Monday. As the S&P 500 trades slightly shy of its record high, traders may show reluctance to add to their positions, especially ahead of the week’s labor market data. Regional...
-
Wall Street Eyes Modestly Positive Start As Atypical September Rally Generates Positive Sentiment, China Cuts Rate: Intel, Palantir, Bitcoin Make Huge Moves
Monday, September 23, 2024 - 7:03am | 1568Read More...U.S. index futures are modestly higher at the start of a new week as the rate cut euphoria fades and traders look ahead to the next key catalysts. The tech space could get a lift from a potential lifeline for struggling Intel Corp. (NASDAQ:INTC) and traders may also look ahead to Micron Corp....
-
Traders Brace For Friday Volatility As Over $5 Trillion In Options Expire: Could 'Triple Witching' Spoil Fed's Rally?
Thursday, September 19, 2024 - 4:54pm | 782Read More...After a bullish session on Thursday, with both the S&P 500 and the Dow Jones hitting record highs, spurred by increased risk appetite following a bold 0.5% rate cut by the Federal Reserve, traders are gearing up for a volatile end to the week. Friday marks a notorious “Triple Witching...
-
Wall Street Primed For Relief Rally As Traders Eye Jobless Claims, FedEx Earnings After Fed's 50 Basis-Point Cut: Strategist Says These Stocks Will Gain Edge In First 6 Months Of Rate Cut
Thursday, September 19, 2024 - 6:53am | 1608Read More...U.S. stocks look set for a relief rally after the market failed to sustain the upward momentum set in motion by the 50 basis-point cut announced by the Federal Reserve on Wednesday. The index futures point to a sharply higher opening on Thursday. Given the central bank’s focus on labor market...
-
S&P 500, Nasdaq Futures Mixed As Rate-Cut Hopes Weigh On Techs: Fund Manager Sees Near-Term Corrections As Buying Opportunities
Monday, September 16, 2024 - 6:52am | 1211Read More...U.S. stocks could start the first trading session of the week on a mixed note, as traders fully bake in the odds of a rate cut by the Federal Reserve this week. Small-caps are outperforming in the premarket, as evidenced by the solid rise in the Russell 2,000 futures. Analysts and market watchers...
-
Nasdaq, S&P 500 Set For Modest Gains As Investors Eye August Inflation Data And ECB Rate Decision
Thursday, September 12, 2024 - 6:47am | 1321Read More...U.S. stocks could open Thursday’s session modestly higher after the remarkable recovery they staged in the previous session. The spotlight is on the producer price inflation report for August as traders seek confirmation regarding a sustained downward move in inflation, and the weekly jobless...
-
Wall Street All Set For Tech-Powered Rebound In New Week: Apple's Glowtime Event In Spotlight
Monday, September 9, 2024 - 7:01am | 1372Read More...U.S. stocks appear on track to start the new week on a positive note, following their steep sell-off in the week ended Sept. 6 on macro concerns. Bargain hunting in beaten-down tech stocks could give the market a lift even as traders remain wary about the week’s twin inflation reports that...
-
Stock Market Expert Says Market Dynamic That Could Unravel Historic Rally Keeps Him Up At Night
Thursday, September 5, 2024 - 4:43pm | 472Read More...Ryan Detrick, the chief market strategist at the Carson Group, has built a reputation in the financial community for being optimistic even during times of uncertainty. Although he is still bullish on the market, Detrick says to watch credit spreads as a sign that the rally could end.Detrick joined...
-
No Respite For US Stocks As Futures Sag, VIX Spikes 10%, Bitcoin Slides: Strategist Warns Of Further Pain In September, But Recommends Buying Dip
Wednesday, September 4, 2024 - 7:01am | 1499Read More...The September slump will likely continue as the index futures are sharply lower early Wednesday. Traders will likely wait and watch to see how the labor market data, due for the week, pan out and their implications for the Fed funds rate. Wharton Professor and WisdomTree Chief Economist Jeremy...
-
Nasdaq, S&P 500 Futures Climb As Hopes Of Positive Nvidia Earnings And Rate Cuts Drive Sentiment Higher: Fund Manager Says Flurry Of Catalysts Could Keep Rally's Momentum Going
Monday, August 26, 2024 - 6:47am | 1452Read More...U.S. stocks could continue to push higher as traders factor in a boost from Nvidia Corp.’s (NASDAQ:NVDA) quarterly results. The index futures were modestly higher in early trading. The durable goods orders report that is scheduled to be released ahead of the market could be sifted by traders...
















