Monday: The Major Indices started the week in positive territory with investors keeping an eye on the upcoming Personal Consumption Expenditures report. The Dow rose 0.2%, the S&P 500 gained 0.3%, and the Nasdaq added 0.1%. Tuesday: China's new stimulus plan helped boost sentiment despite lower-than-expected housing data, leading to another day of gains. [...]
Written by: Angela Akers In last week’s “Special Presentation,” Mr. Steve Chappell discussed and demonstrated the efficacy and effectiveness of the VectorVest RealTime Derby. The Derby analyzes, sorts, ranks and graphs the second-by-second performance of 169 portfolios. It tracks each portfolio’s performance from the current day’s opening bell and displays the results from the [...]
Monday: Wall Street struggled to find direction as investors anxiously awaited the upcoming Federal Reserve announcement. The Dow gained 0.6%, the S&P500 ticked up 0.1%, but the Nasdaq slipped 0.5%. Tuesday: It was another mixed day for the markets. The Dow edged down by 0.04%, while the S&P500 increased by 0.03%, and the Nasdaq [...]
Written by: Angela Akers The Federal Reserve delivered a 50-basis point rate cut this week, which was unexpected until a few days ago. Fed Chair Powell was clear that the Fed is “committed to maintaining” economic strength. The heftier-than-anticipated cut came in the wake of a revision to the jobs data and concern over [...]
Monday: The trading week started on a positive note with all major indices—Dow, S&P 500, and the Nasdaq—climbing by 1.2% amid positive sentiments and anticipation of key economic data releases scheduled for the week. Tuesday: Mixed results characterized the day as concerns about the upcoming Consumer Price Index (CPI) overshadowed gains in the technology [...]
Written by: Angela Akers The financial world and talking heads were all a buzz this week about what the economy would look like under Harris versus Trump following Tuesday’s debate and what companies would be a good investment in that regard. Also discussed, the upcoming Federal Reserve meeting where the Fed is widely expected [...]
Monday: With key tech earnings on the horizon, the market closed mixed. The Dow gained 0.2%, while the S&P500 dipped 0.3%, and the Nasdaq fell 0.9%. Tuesday: Wall Street wavered but ended modestly higher as Nvidia’s earnings weighed on sentiment. The Dow was flat, and both the S&P500 and Nasdaq rose 0.2%. Wednesday: Ahead [...]
Written by: Angela Akers Analysts have been calling Nvidia (NVDA) the “most important stock in the world right now” and the earnings report was touted as the “most important earnings call” of the quarter. It’s not surprising because the AI boom that has occurred over the past several years has been led by NVDA. [...]
Monday: Last week started on a high note with investors eagerly awaiting Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. The Dow rose by 0.6%, the S&P 500 gained 1.0%, and the Nasdaq surged by 1.4%. Tuesday: Market sentiment took a hit following an earnings miss from Lowe's, causing the Major Indices to [...]
Monday: A cautious start to the week saw mixed results among the Major Indices. The Dow dipped by 0.4% amid looming economic updates, while the S&P 500 barely moved, and the Nasdaq edged up by 0.2%. Tuesday: Investor spirits lifted as Producer Price inflation data came in softer than expected, prompting gains across the [...]
