On the cusp of the new trading year, early indications from U.S. stock index futures on Tuesday suggest a cautious start for Wall Street, following a robust 2023 rally that brought the S&P 500 tantalizingly close to a new record. A glance at stock-index futures reveals the following movements: In...
Wall Street analysts are flagging several risks as U.S. stocks conclude a dynamic 2023, marked by record highs in the Dow and the S&P 500. Despite the two-month sprint that propelled the market, concerns are emerging among portfolio managers and strategists about a possible market downturn in January 2024. Instead...
Presently, U.S. stocks are trading at levels similar to or slightly higher than those observed during the bull-market peak in early January 2022. However, it’s crucial to interpret this information in the context of the market’s previous state, which was characterized by high overvaluation. Despite some improvement in valuation metrics...
Key Insights for the U.S. Trading Day As we approach the final trading day of 2023 on Wall Street, all eyes are on the S&P 500 index bulls, who seem poised for a potential record high. Drawing a parallel to a football team needing that crucial push, Tom Lee, Head...
As 2023 draws to a close, the S&P 500 index is on the cusp of achieving a new record high. However, a concerning trend emerges for stock pickers, as many components of the index continue to lag significantly behind their January 2022 peaks. This disparity has created a noticeable division...
Crucial Insights for Today’s U.S. Trading Session As we approach the end of 2023, investors might contemplate staying on the sidelines given recent market fluctuations and the lofty expectations associated with the elusive Santa Rally. Nevertheless, the outlook seems positive for the upcoming Tuesday trading session in this abbreviated week....
