(Monday market open)

-

 


After a rare quiet week of subdued and range-bound trading on Wall Street, the flood of data and central bank meetings begins tomorrow and has markets on edge. Investors will know more by Friday about the Federal Reserve's outlook for the economy, inflation, and interest rates.

The excitement starts with the May Consumer Price Index (CPI) report an hour before Tuesday’s opening bell. It's due out just as the Federal Open Market Committee (FOMC) gathers for its two-day meeting. The Fed will release its decision on interest rates after lunch Wednesday, and market participants bake in high chances that rates will remain unchanged for the first time since early 2022.

The FOMC meeting also includes the Fed's first projections for future rates and the economy since March. Eyes will be on the so-called dot-plot, which show's Fed officials' estimated rates for the end of coming years. The market had long predicted rate cuts this year, but those hopes vanished last month. Even so, stocks entered a new bull market late last week. Perhaps that's a sign that investors are somewhat comfortable with current high borrowing costs and the chance of rates staying higher for longer.

Comments

Post a Comment

Popular posts from this blog

A slump in technology companies

-
Image
 We did not lose due to options and heging stocks values. Was a solid day please join us. A slump in technology companies' shares weighed on the S&P 500 Friday, chipping away at the recent gains of the broad-market benchmark and pushing it into negative territory for the week.  The S&P fell 1.2%, while the Nasdaq Composite shed 1.6%. The Dow Jones Industrial Average lost about 289 points, or 0.8%. The S&P 500 and Nasdaq posted slim declines for the week, while the Dow eked out a small gain.  U.S. Stocks Decline, Led by Tech Stocks Stocks opened lower and losses accelerated midday, with major indexes ending the day near session lows. Tech stocks, the market’s stars this year, were some of the worst performers. The S&P 500’s information technology sector lost almost 2%, dragging the broad stock-market gauge into the red for the week.  Shares of Adobe dropped 4.2% after the company’s earnings Thursday, and were among the biggest market laggards. The swoo...
Read more

How we trurn $1000.00 into $3000.00 .

-
Image
  Short-term trading, also known as day trading or swing trading, involves buying and selling financial instruments within a short time frame to take advantage of price fluctuations. While it is possible to turn $1000.00 into $3000.00 through short-term trading, it's important to note that trading involves risks, and there are no guarantees of profits. Here are some general steps and tips to consider if you decide to pursue short-term trading: Educate Yourself: Gain a solid understanding of financial markets, trading strategies, and risk management. Learn technical analysis, chart patterns, indicators, and fundamental analysis. Set Realistic Goals: Be aware that turning $1000.00 into $3000.00 is an ambitious target and may not be achievable within a short time frame. Set realistic expectations and focus on consistent, steady growth rather than aiming for large returns quickly. Create a Trading Plan: Develop a well-defined trading plan that outlines your goals, risk tolerance, tradi...
Read more

Stocks dropped Friday

-
Image
Click to zoom  Stocks fell Friday, with all three major indexes ending the week in the red. Read the day's   full markets roundup here . Indexes have  come under pressure  as the fighting between Israel and Hamas has intensified. A surge in borrowing costs, with the 10-year Treasury yield recently nearing 5%, has also weighed on markets. The benchmark yield retreated Friday, settling at 4.924%. The Federal Reserve may hold interest rates steady at its next meeting, Chair Jerome Powell  said Thursday , given that higher yields were tightening financial conditions. American Express stock fell, despite the credit-card company reporting record quarterly earnings and revenue. (Here's a  Heard on the Street take on Amex .) Another round of disappointing earnings pressured bank stocks. As of late Friday: Indexes finished lower.  The S&P 500, Nasdaq Composite and Dow Jones Industrial Average were all in the red, including a 1.5% daily decline for the tech-...
Read more