On Wednesday morning, the stock market in the United States experienced a boost when the latest consumer-price index data showed an increase in inflation in August. This could potentially change the Federal Reserve’s plans for interest rates. How are stock indexes trading On Tuesday, the Dow industrials fell by 18...
Greetings, fellow traders! It’s a Tuesday morning, and today, we’re diving into a dynamic approach that has the potential to supercharge your trading success. This strategy revolves around the ‘roadmap Zone’ and emphasizes prudent decision-making and precision in execution. Understanding the Key Components Before we delve into the strategy, let’s...
S&P 500 Energy Sector Gains Favor, as Predicted by Oppenheimer’s Stoltzfus In the midst of recent turbulence in the U.S. stock market, Oppenheimer’s Chief Investment Strategist, John Stoltzfus, maintains his optimism about the S&P 500 hitting record highs this year. Back in late July, Stoltzfus boldly projected that the S&P...
Five percent is a relatively typical interest rate,” notes Michael Rosen, CIO at Angeles Investments. Throughout the year, consumer spending has defied expectations on Wall Street, maintaining stocks at near-record levels and preventing the U.S. economy from plunging into recession. This coming week, sentiment surrounding stocks may pivot on two...
A soaring stock market has propelled U.S. household wealth to a historic high, surpassing $154 trillion in the second quarter, according to data released by the Federal Reserve on Friday. This surge in wealth was bolstered by a rebound in property values and marked a significant increase from the $148.79...
U.S. stock market futures took a downward turn on Friday, concluding a challenging and shortened week with negative sentiment on Wall Street. Here’s a breakdown of the current situation: In the previous trading session, the Dow Jones Industrial Average (DJIA) managed to gain 58 points, representing a 0.2% increase, while...
