Tom Lee, the head of research at Fundstrat Global Advisors and a consistent advocate for equities, envisions the S&P 500 rallying to 5,200 by the end of the upcoming year, indicating a robust 14% increase from its current level. In his analysis released on Thursday, Lee predicts that the decline...
Analysts at Ned Davis Research issued a prudent warning on Wednesday, advising buoyant stock-market enthusiasts to temper their expectations of a “Santa Claus rally.” The indicators measuring bullish sentiment have surged into the “excessive” zone, a potential signal that runs parallel to the historical trend of a lackluster performance in...
Today marks the commencement of an exhilarating expedition into the core of financial markets as we delve into the transformative Autopilot Trading System – now enhanced to Version 4! I am delighted to lead you through the latest features and improvements that render this trading system a game-changer for both...
Stock futures in the U.S. saw a rise on Wednesday, following a challenging day for stocks despite the added assistance from bond yields. What’s happening On Tuesday, there were fluctuations in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. Specifically, the DJIA declined by 80 points (0.22%) to...
Greetings, fellow traders! Join me as we embark on today’s trading journey filled with excitement and opportunities. But, before we immerse ourselves in the dynamic world of day trading, it’s crucial to acknowledge that trading is not for the faint-hearted. Take a moment to consult your broker, understand the inherent...
After a strong rally in November, the stock market experienced a pullback on Monday, setting a cautious tone ahead of the crucial monthly jobs report. The S&P 500 (^GSPC) declined by 0.5%, and the Dow Jones Industrial Average (^DJI) slipped by 0.1%, around 40 points. Leading the downturn, the Nasdaq...
