From Mike Hammer: The market is all set for the Fed to raise its base interest rate today. Recently Fed Chair Jerome Powell cited ‘crosscurrents’ acting on the economy, including inflation running below 2% and business investments slowing in recent months.
NYSE:SPY July 31, 2019 11:01am
Why the Federal Reserve Should Raise Rates Today
What Is Going to Be Next for Gold? [Details]
From Mike Hammer: Some technical traders took victory laps over the weekend, while others were checking central bank plans. Here at Gold Enthusiast HQ the weekend was more about relaxing after 4 fast-paced weeks, and now we’re back to looking at charts, reading…
NYSE:SPY July 22, 2019 10:32am
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The market just had its best June in over eight decades
From Fred Imbert: KEY POINTS
NYSE:VTI June 28, 2019 6:25pm
Financials surge after crushing the Feds stress test
From Sanghamitra Saha: U.S. banking biggies have cleared the key Stress Test conducted by the Federal Reserve, barring the U.S. division of Credit Suisse. Regulators allowed a majority of the 18 institutions to raise dividends and buy back shares.
NYSE:XLF
Why this tech ETF could be a Buy heading into next month
From Andrea Kramer: The U.S. stock market is set to wrap up a banner June, with the S&P 500 Index (SPX) fresh off all-time highs. What’s more, several sectors could continue to shine in July, if recent history is any guide.…
NYSE:XLK
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Markets gain as investors anticipate a positive meeting between Trump and Xi
From Shreyashi Sanyal: U.S. stocks rose on Friday as shares of big banks gained after clearing the Federal Reserve’s stress test, with investors closely tracking the G20 summit where President Donald Trump and his Chinese counterpart, Xi Jinping, could lay…
NYSE:SPY
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Why this investor thinks the market will tank if trade isn’t resolved at G-20
From Brian Sozzi: One thing many of Wall Street’s top minds could agree on is that if President Donald Trump walks away from this week’s G20 summit with no progress on the U.S.-China trade front, a good bit of air…
NYSE:SPY June 27, 2019 1:25pm
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Retail sector gets a downgrade from Goldman Sachs due to trade concerns
From Thomas Franck: KEY POINTS
NYSE:XRT
Vanguard ETF assets now total over $1 trillion
From Todd Shriber: Given its asset-gathering acumen and penchant for delivering some of the lowest cost exchange traded funds, it was just a matter of time before Vanguard entered the $1 trillion ETF club. The Pennsylvania-based index fund giant has…
NYSE:VTI
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Healthcare sector in focus during the first Democratic primary debate
From Kevin Breuninger : KEY POINTS
NYSE:GDXJ
The stock market falls for the 4th day in a row
From Fred Imbert: The S&P 500 posted a four-day losing streak on Wednesday — its longest slide since early May — as investors braced for a key meeting between President Donald Trump and Chinese President Xi Jinping later this week.
NYSE:DIA June 26, 2019 5:58pm
Why JP Morgan says the market rally is limited under current conditions
From Yun Li: KEY POINTS
NYSE:SPY
Stocks rise as US Treasury Secretary Steven Mnuchin fuels hopes of a Chinese trade deal
From Emily McCormick: Domestic stocks rose after U.S. Treasury Secretary Steven Mnuchin stoked hopes of a near-term trade deal with China.
NYSE:SPY
Stocks tumble after Fed Chair Powell disappoints on likelihood of a rate cut
From Stephen Culp: NEW YORK (Reuters) – Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman…
NYSE:SPY June 25, 2019 6:09pm
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Economists caution that market optimism is getting ahead if itself
From Stephanie Landsman: Wilmington Trust’s chief economist believes the market rally’s foundation is on shaky ground.
NYSE:SPY