426 days ago
The decrease in market rates is favouring growth stocks.
The Nasdaq is leading the upside charge after Meta's positive results and Powell's less aggressive tone boosted confidence in better earnings growth.
429 days ago
CB consumer confidence weaker than expected #stocks $spy $qqq
Stocks are under pressure after the Conference Board Consumer Confidence rating came in below expectations, underlining consumers' concerns about the broader economy in the face of rising expenses. Traders will keep a watch on the S&P500's 4'035 support level, a break of which might result in more selling pressure.
430 days ago
Most anticipated earnings releases of the week $aapl $amzn $goog
• Three of the world’s largest central banks - the Fed, the ECB, and the BoE - are having policy meetings. We will keep an eye on Fed Chair Jerome Powell's press conference for hints on rising rates and pause plans.
• And Thursday is a big day for tech giants - Apple, Amazon, and Alphabet will reveal their earnings. Margins and guidance will be key topics to follow.
434 days ago
#Stocks slightly lower following US #GDP numbers #economy #trading
Stocks are seeing selling pressure after the release of the USD GDP report, which came in at 2.9% QoQ and stronger-than-expected, reflecting the strength behind the consumer appetite. But this also highlights the difficult decision the Fed will have to make to continue to keep rates higher for longer to cool down growth in order to avoid losing control over inflation.
435 days ago
#Sentiment is weak after #Microsoft's earnings release $spy
Stocks, in particular tech stocks, are under pressure after Microsoft (MSFT)'s poor guidance disappointed, despite slightly beating earnings per share. The 4'000 - 4'010 will be a critical level, a drop below could indicate more downside risk.
