About: anakin
Recent Posts by anakin
Fed’s Rate Cut Signals Propel Stock Market to Record Highs
The stock market surged to historic heights as the Dow Jones Industrial Average closed above 37,000 for the first time, fueled by the Federal Reserve’s indication of upcoming rate cuts amidst eased inflation projections. This move drove notable gains across indices and sectors, with banking stocks like Bank of America and Wells Fargo rising significantly,Continue Reading
Written on December 14, 2023 at 3:03 am
Categories: Today's Analysis
Mastering Chart Techniques Like a Pro
Discover the tips and tricks of trading charts in our webinar, ‘Mastering Chart Techniques: The Pro’s Handbook.’ Learn expert advice and practical strategies to navigate markets with confidence. Whether you’re new to trading or want to boost your skills, this session is your roadmap to becoming a chart analysis pro.
Written on December 13, 2023 at 7:21 am
Categories: Events
S&P 500, Dow Jones, and Nasdaq Reach New Highs Amid CPI Figures, Oracle and Macy’s Impact Sector Dynamics
Despite the S&P 500, Dow Jones, and Nasdaq reaching new peaks amidst the consumer price index (CPI) rising as anticipated, the market remains divided in response. Analysts note both bullish and bearish sentiments, with investors bracing for potential strategic investment opportunities. Oracle’s 12% decline and Macy’s 8% drop affect sector dynamics, while currency markets respondContinue Reading
Written on December 13, 2023 at 3:00 am
Categories: Today's Analysis
Market Futures Stagnate Amidst Inflation Anxiety: Wall Street Prepares for Crucial Data & Oracle’s Decline
Stock futures showed minimal movement as Wall Street tracked the market’s resilience against impending inflation data. Modest increases in Dow Jones futures contrasted slight declines in S&P 500 and Nasdaq 100 futures, indicating a sustained end-of-year rally with indices securing multi-week gains. Investor sentiment faces a test with the upcoming release of the consumer priceContinue Reading
Written on December 12, 2023 at 2:26 am
Categories: Today's Analysis
Week ahead: Markets to focus on rate statements from SNB, BOE, ECB, and the Fed
This week, the market’s primary focus revolves around the rate decisions of major central banks as they convene for their final meetings in 2023. Aside from these pivotal central bank decisions, the market is also keeping a close eye on the US consumer price index and producer price index, given that signs of inflation couldContinue Reading
Written on December 11, 2023 at 2:10 am
Categories: Week Ahead
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