The S&P 500 flirted with a significant milestone just before Thursday’s market close, briefly crossing the 5,000 mark and notching its ninth record finish of 2024 at 4,997.91. While these round numbers lack technical significance, they carry psychological weight, impacting market sentiment. Mark Arbeter, president of Arbeter Investments, noted historical...
Leuthold Group’s Chief Investment Officer (CIO), Doug Ramsey, observes a troubling trend in market analysis: an increasing number of analysts are disregarding valuations in their assessments. Ramsey notes that this trend isn’t confined to bullish perspectives; even those exercising caution about the market are overlooking the issue of persistently high...
U.S. stock index futures signaled a mixed start just below recent highs on Wednesday, with bond markets stabilizing and investors awaiting more corporate earnings reports. Here’s a breakdown of how the stock-index futures are performing: On Tuesday, major indices saw modest gains: the Dow Jones Industrial Average rose 141 points...
Tuesday indicates a potential calming in the bond market, as more analysts lean towards expecting the first U.S. rate cut to happen in the summer. However, the stock market shows volatility as investors grapple with this shifting perspective. Recent strong job and growth data, along with a more cautious stance...
Futures trading early indicators suggest a cautious start for Wall Street in the upcoming week, with the S&P 500 expected to consolidate after achieving another record in the previous session, driven primarily by major tech players. The future trajectory rests heavily on the performance of the “Magnificent 7” – Alphabet,...
The Fed is wary of a déjà vu from 1985-86 as investors anticipate aggressive interest rate cuts without the looming threat of a recession. Nicholas Colas from DataTrek Research suggests that revisiting history may prompt investors to adjust their expectations. Market optimism is reflected in fed-funds futures traders pricing in...
