Powell Dubious On March Cut, Markets Slide
Markets pulled back from their steady trading levels today once Fed Chair Jerome Powell, speaking at his press conference following the latest Fed meeting
This FOMC Trap Could Be Our Biggest Win Of The Week
Markets continued selling off into FOMC this afternoon, but did you hear what Powell said afterwards? Powell may have told us EXACTLY where the best entries are gonna be tomorrow
Media: Fed Decision Analysis
The market seemed surprised by the Fed decision and especially the commentary that the Fed would not be cutting rates in March
Biotech And Medtech Portfolio Notes On A Fed Day
The Fed held rates keeping their future options flexible with no expectations for future cuts. The market did not like it and sold off with the Russell 2000 down 2.45% and the NASDAQ down 2.23%
Elliott Wave Technical Analysis: DOTUSD - Thursday, February 1
Wave II correction appears to have ended at the 5.992 level and prices are entering an uptrend in Wave III, looking for an entry opportunity to join the trend again in an upward direction.
Financial Markets Report For Wednesday, January 31
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, January 31.
Amusing Pavlov’s Dog Market Response To The Fed’s Perceived Message
The market somehow misinterpreted the Fed’s initial statement. Then Powell poured cold water on the idea of March rate cuts. But wait, it gets more interesting …
Asia Morning Bites For Thursday, February 1
Korean exports bounce strongly. Regional PMI reports including the Caixin PMI reading are also due
Current Analysis: Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks. Over the past year, Ericsson's share price fell about 4.5% from $5.77 to $5.51 as of Wednesday’s market close
The Market Will Need To Convince The Fed To Cut Rates
The Fed is not going to be cutting rates in March. It looks like they want to give themselves a little bit more time to see how things settle out and where the data is.
Should Investors Buy The Dip In Alphabet Or Microsoft Stock After Earnings?
Despite exceeding their top and bottom line expectations Alphabet shares were down over -7% today while Microsoft’s stock dipped -2%
BMY Stock Dividend Delight: A Blue-Chip’s Healthy Yield
In the grand theater of the financial markets, Bristol-Myers Squibb stands out as a robust performer. Despite the recent pullback, the market sentiment towards this biopharmaceutical titan remains buoyant
AUD/USD Stays Steady Post-Fed Decision, Markets Weigh Powell’s Remarks
The Aussie Dollar begins Thursday’s Asian session unchanged versus the US Dollar as the US Federal Reserve decides to hold rates and opens the door to ease policy in 2024
Verizon Communications Starts New Bullish Cycle
In the current article, we discuss the wave structure of Verizon Communication's providing with next targets
Rates Spark: Hawkish Blinkers
It seems the market got too attached to commentary on telegraphing QT intentions from the previous FOMC minutes. This was no more than an early prudent discussion and not a significant telegraphing event.
S&P 500 Elliott Wave Insights And Strategies
Technology stocks are undergoing an ABC Zigzag correction pattern, influencing indices like the Nasdaq 100, S&P 500, and DAX.
Ford Gears Up For Q4 Earnings: Here's What To Expect
Ford is slated to release its fourth-quarter 2023 results on Feb 6, after the closing bell.
January 2024 Key ETF Performance
The S&P 500 finished the month up 1.59% even though the average stock in the index was down 0.84%.
The Fed Is No Rush To Cut Rates, The Market May Not Like That
It was a rough day for stocks, with the S&P 500 dropping by 1.5% following yesterday’s earnings and Powell crushing the market’s hope for a rate cut in March.
Here's What Wall Street Is Saying About Amazon Ahead Of Earnings
Amazon reports Q4 results following the big holiday season.