Market Opinion
Powell’s Verbal Symphony: A Serenade of Rates and Resilience Prepare yourselves for the spectacle, folks! Jerome Powell is poised to step into the monetary policy arena once again, wielding his verbal prowess like a seasoned bard. Now, while we don’t...
Market Opinion
Dow Jones, Nasdaq, S&P 500 weekly preview S&P 500 (SPX) fell 2.1% last week to mark the third consecutive week of selling. The index now trades about 5% below the most recent high. NASDAQ Composite (IXIC) lost 2.6% to hit important short-term support at 13200....
Market Opinion
Index Shakeup Shimmies In: Chesapeake Energy and Mercury Systems Hit the Dance Floor, Arconic Takes a Bow In a whirlwind of Wall Street remixes, S&P Dow Jones Indices dropped a late-week beat that had Chesapeake Energy (CHK), the U.S. natural gas protagonist, and...
Market Opinion
Oil Prices Take a Dip: China’s Economic Shuffle and Dollar Swagger Steal the Spotlight In an Asian market tango that could give even the boldest oil baron a spin, prices took a two-week nose-dive on Thursday. Think of it as oil’s attempt at a limbo dance,...
Market Opinion
Federal Reserve’s Interest Rate Tango: To Raise or Not to Raise, That is the Monetary Question! In the realm of financial tea leaves, the forthcoming minutes from the Federal Reserve’s recent policy rendezvous could unveil the inner musings of the central...
Market Opinion
Dow Dances, Nasdaq Navigates the Stars, and S&P 500 Joins the Jamboree! Monday’s stock market performance was a bit like a seesaw with a twist – while banks were having a bit of a “meh” moment, the tech side of things was riding a...
