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Stock Market Today

The Fed is Not this Market's Friend

The Fed is Pulling the Interest Rate Carrot Away from the Market Stocks are trading lower this morning as treasury yields move higher.  We really haven’t heard that much talk about treasuries, so I’ll dive in for a minute. Two weeks ago, we saw inflation readings from the CPI and PPI reports that suggested maybe, […]

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Three Stocks: Tesla, Dell and Alphabet

Dell Technologies Inc. Dell shares closed the week on a strong note after the technology company got a bump from NVIDIA’s “Halo Effect”.  The stock was almost 5% higher for the day. Shares of Dell broke through the $150 price level and new all-time highs as investors have ridden a volatility surge higher since the […]

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Momentum Wobbles But We Could See a Rally

Dear Fellow Expat, If nothing else, the hurricane gods have a sense of humor. I'd planned a trip to Baltimore this month… and now I'm in a pickle. Another storm is fast approaching the Florida Republic. I've bumped tomorrow's flight up from 7 PM to 10:15 AM. I hope I can beat the wind and […]

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Stocks

Strong Housing Market, AI Rally and Sticky Inflation

Stocks lost steam on Tuesday after a rally driven by the artificial-intelligence hype drove the market to its highest since August 2022.During the day Nvidia (NVDA) briefly joined the trillion-dollar club, only to fall back to its lows of the day.Hard to say if the AI driven rally is over, but buying Nvidia at $400, might be a tough pill to swallow for many, including Chris Johnson as he shared yesterday.

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Stocks

Debt-Ceiling Deal, Consumer Spending and the Fed

The debt-ceiling negotiations are front of mind for most people (that..and probably AI stocks), but don’t expect too much of a reaction to the debt-ceiling agreement.Equities already rallied hard last week, meaning much of the good news is baked into prices, and expectations of another Federal Reserve interest rate hike should further dampen upside..

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Stocks

Tech Stocks Recapture their Old Mojo as Important Numbers Emerge

U.S Stocks ended mixed on Thursday, with tech stocks leading the way.Nvidia Corp.(NVDA) soared 24%, now sitting squarely as the 5th largest public company in America right behind the trillionaire club.These gains are yet another sign that investors are willing to invest in promising tech stocks, despite the growing worries of a US debt default and impending recession, high interest rates, inflation and a slowing Chinese economy.

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Stocks

Futures Rally on Nvidia Despite Fed Minutes and Debt Ceiling Worries

U.S.stocks fell for the second day in a row as negotiations over raising the debt ceiling continue to weigh on sentiment.The Dow Jones fell over 200 points along with the S&P 500 and Nasdaq following suit.We could see a nice rally off the back of strong earnings from Nvidia if any positive news comes out of debt-ceiling talks between Biden and McCarthy.

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