Weekly Market Mornings (September 08) SP500 Dropped (4.25%) Due to Recession Worries
Last week’s market and economic data key points: US Stocks were sharply lower due to recession fear European and Japanese stocks closed sharply lower last week Nvidia 12.5%, Google 7% and Meta 3.5% dropped last week Broadcom stock drops on a weak outlook even with beating revenue Crude oil hits lowest levels since June 2023 […]
Weekly Market Mornings (August 25) Fed’s Dovish Hints at Rate Cut in September
Last week’s market and economic data key points: Fed Chair Powell said ‘time has come’ to cut interest rates Indexes up: Dow 1.27%, S&P 500 1.45%, Nasdaq 1.09% S&P 500 closes higher after Fed dovish signal on rate cuts Target rose 11% after strong earnings WTI oil rises 2.5%, but books weekly loss Silver ends […]
Weekly Market Morning (August 11) Started with Huge Drop but Rebound at the End
Last week’s market and economic data key points: Market comeback after huge drop on Monday Stocks extend gains after sell-off amid positive data, Fed’s rate signals UBER posts Q2 revenue $10.7B Eli Lilly upbeat revenue outlook after good reports Apple used Google’s chips to train its AI Uber tend to use Tesla’s self driving cars […]
Weekly Market Morning (August 04) FED’s Green Light to Cut Rate, Buffet Sold 50% of Its Apple Stake
Last week’s market and economic data key points: Federal Reserve may deliver a 50-bps rate cut in September US mortgage rate drops to 6-Month low US unemployment rate rose to 4.3% Warren Buffet sold about 50% of its stake in Apple Amazon stock drops after earnings report Intel’s worst stock drop in decades & sheds […]
Weekly Market Morning (July 14) Trump Was Shot, Inflation Slows & Apple Reaches $3.5 Trillion Valuation
Last week’s market and economic data key points: Trump injured in shooting at Pennsylvania rally US inflation fell to 3% in June Apple market cap flies beyond $3.5T Dow Jones touches new record above 40,000 JPM’s second quarter revenue hits $50.2B Gold prices jumped to $2,417 Big banks feel pressure from higher rates US PPI […]
Weekly Market Morning (July 7) Tesla Gains (27%), S&P 500 and Nasdaq Hit All-Time High
Last week’s market and economic data key points: Tesla gains 27% in 5 days S&P500 and Nasdaq hits all-time high Dollar dips, crude oil hits a 7-week high; gold gains 2.83% Unemployment ticks up U.S. Presidential election rises risk to bond market; falls -1.5% U.S. economy added 206K job in June Bitcoin hits lowest level […]
Weekly Market Morning (June 30) PCE Inflation Slows, Nike Plunge (20%) and Yen Sinks
Last week’s market and economic data key points: Core PCE inflation slows Yen hits decades lows Nike’s shares plunge in worst-ever drop (almost 20%) on revenue miss Amazon hits a $2 trillion valuation S&P 500 gain almost 15% this year Debate between President Joe Biden and former President Donald Trump Table of Contents Economic Reports […]
Weekly Market Mornings (23 June) PMI Rise & Home Price Surge
Last week’s market and economic data key points: Initial unemployment claims remaining elevated Retail sales, housing starts, and building permits disappointed US equity indexes ended mixed Friday as a manufacturing index climbed to a 3-month high S&P 500 index rose 0.6% in the shortened week Crude finishes lower on Dollar strength Gold slides as yields […]
Weekly Market Mornings (2024.06.16) When Gold Shines, Oil Glistens, and Crypto Gets Funky
This past week was marked by notable movements in various financial markets. Crude oil prices experienced a significant rise due to projected demand increases. Gold rebounded after a recent decline, driven by softer-than-expected inflation data. Meanwhile, the cryptocurrency market saw significant developments with Ethereum’s open interest soaring following ETF approvals. As we look ahead, key […]
Market Mornings (2024.06.12) Inflation Data and Federal Reserve Decision Drive Market Sentiment
The financial markets experienced significant activity yesterday, with key movements driven by anticipation of today’s critical US inflation data and the Federal Reserve’s interest rate decision. Gold saw a modest recovery, oil prices continued to rise, US equities reached new highs, and the euro weakened due to increasing political instability in Europe. Meanwhile, the yen […]
