Investing in the stock market can be daunting, especially for those with limited experience. But with the right tools and knowledge, some of us can navigate the complexities of the market and potentially see significant returns. Powerful tools that can track a vast number of stocks and provide key indicators to help investors make informed [...]
Written by: Angela Akers Second quarter earnings season began last Friday in typical fashion with JPMorgan Chase, Citigroup and Wells Fargo releasing earnings first. The good news, all beat expectations on both the top and bottom lines. The bad news, net interest income, a measure of lending profits, fell for both Citigroup and Wells [...]
Monday: The week started on a high note with anticipation of potential interest rate cuts this year, leading to gains across major indices. The Dow rose by 0.5%, the S&P 500 by 0.3%, and the Nasdaq by 0.4%. Tuesday: Sentiment was further boosted by strong earnings from Morgan Stanley and UnitedHealth, with the Dow [...]
At the time of writing, the crude oil market - like many other markets around it - is highly volatile thanks to the uncertain economic backdrop within which we currently live. At the moment, the world is characterized by a number of short term influences that are impacting the prices of many asset classes [...]
Monday: The trading week began on a cautious note with mixed market performance as investors braced for Federal Reserve Chair Jerome Powell's upcoming testimony to Congress. The Dow slightly declined by 0.1%, while the S&P 500 edged up by 0.1%, and the Nasdaq saw a modest increase of 0.3%. Tuesday: Markets continued to display [...]
Artificial Intelligence (AI) has become the buzzword of the decade, promising to revolutionize industries and drive unprecedented productivity gains. However, as the excitement around AI continues to build, so does the concern about a potential AI bubble. For retail investors looking to capitalize on this technological revolution, understanding the current landscape, potential risks, and [...]
Monday: Last week kicked off with a positive trend, primarily led by gains in the technology sector. The Dow edged up by 0.1%, the S&P 500 saw a 0.3% increase, and the Nasdaq experienced a notable rise of 0.8%. Tuesday: Market conditions remained favorable as investors digested recent comments from Federal Reserve Chair Jerome [...]
Hurricane season typically runs from June to November. For 2024, the U.S. National Oceanic and Atmospheric Administration (NOAA) has warned of an ‘extraordinary’ Atlantic season. In fact, NOAA has forecast eight to 13 hurricanes - with four to seven of those being deemed as ‘major hurricanes’. Furthermore, NOAA has said that there is an [...]
Monday: Investors sold off technology stocks as they awaited critical inflation data, leading to a mixed close on Wall Street. The Dow edged up by 0.7%, contrasting with a 0.3% dip in the S&P 500 and a 1.1% drop in the Nasdaq. Tuesday: A mix of poor economic indicators and a tech rally led [...]
Are you feeling the economic uncertainty in the air? You're not alone. Recent data on consumer confidence paints a complex picture of the current economic landscape, with implications that could significantly impact your investment decisions. The latest Consumer Confidence Index has dipped to 100.4 in June from 101.3 in May. While this might seem [...]
