The S&P 500 fell in value over the course of the week following Jerome Powell’s testimony to Congress in which he revealed that all members of the Federal Open Market Committee had reached a consensus regarding the intention to increase interest rates before the year’s end. In the general market...
The most recent data regarding money movement within mutual funds indicates a positive stock trend. However, it harms bonds. By only considering the information provided, your resulting conclusion would differ. According to EPFR-TrimTabs, American equity funds (both open-end and exchange-traded) have experienced a total net outflow of $86.5 billion in...
The S&P 500 index is predicted to have a third day of falling based on information from FactSet. This is the index’s first series of losses since May 4th, but it does not suggest its profitable trajectory is over. Instead, it is probable that the trend is just starting to...
Lucid, a company renowned for producing top-of-the-line electric cars, has reportedly expressed its desire to launch its automotive products in China, a country that is widely regarded as the largest market for vehicles. A Reuters report states that Lucid intends to sell foreign cars in China and also investigate setting...
According to RBC Capital Markets, small-cap stocks in the United States are performing relatively well compared to the S&P 500 and Nasdaq Composite, despite still falling behind them this year. They are said to be putting up a strong fight and showing positive trends. Based on Monday afternoon trading levels,...
Above, we have one of the simplest definitions of what price action trading is. Price action trading does not mean you actually have to place a trade. If you are observing price on a chart and are making decisions based on what you see, you can call yourself a price...
