As the stock market exits the bear market 2023, a lot of people are asking if this bear market rally 2023 can continue? Are we actually in a new bull market, or will the market drop again? Can the rally continue? To answer that, here’s the stock market rally explained, and why the US stock […]
Stock Market Rally Explained – It’s Not What You Think Read More »
The Federal Reserve’s June Meeting wraps up on Wednesday. On Wednesday at 2:00pm Eastern Time, the FOMC Meeting June 2023 interest rate hike decision will be announced. The FOMC decision is widely expected to be a pause in interest rates increases for June, but what happens in July is still widely uncertain. While futures and
The big news this week is the June FOMC meeting taking place on Tuesday and Wednesday. Some important inflation data will come out while the Fed meets, and with the Federal Reserve in a blackout period this week, we won’t get any updates on what the Federal Reserve will do. CME futures are pointing to
Stock Market Preparation for Monday – FOMC Meeting and CPI Inflation Data Read More »
The next FOMC meeting in 2023, which is scheduled for Tuesday and Wednesday June 13 to June 14, might surprise you. While the CME futures are indicating a 70% chance of a Fed pause, the decision is closer than you think. After Australia and Canada both did surprise rate hikes last week, many think the
Next FOMC Meeting 2023 – This Might Surprise You Read More »
After a massive rally over the past 3 weeks that saw the NASDAQ rise 9%, the stock market will get a break from major economic news as traders prepare for the Federal Reserve’s June FOMC meeting next week. The market will also be processing the news from last week that caused rallies on Thursday and
Stock Market Preparation for Monday – Sector Rotation Started so Watch Out! Read More »
An agreement to raise the debt limit has been tentatively agreed upon by President Biden (Democrat) and Congressional Leader McCarthy (Republican). The agreement will now move to Congress for a vote, where both Republican and Democrat leaders believe they have enough votes for the deal to pass. This is good news which should cause the markets
Stock Market Preparation for Monday – Debt Limit Agreement Reached Read More »
Here’s what will move the markets on Friday. In today’s stock market news, earnings from Dollar Tree, Best Buy, and Gap are in forefront, while Nvidia earnings continue to dominate the share market. Based upon today’s share market news, and US news of a possible debt default, the share market news today indicates that an
Stock Market News – Friday Market Movers & Earnings Read More »
Fitch just notified the United States of their plans to downgrade the US credit rating. If Fitch goes through with their plans, it could cause the stock market to drop by 15% or more next month, just like it did in 2011 – the last time the US credit rating was downgraded. This could forever
Stock Market to Fall 15%🔻 US Credit Rating Downgraded Read More »
When considering the best stocks to invest in 2023, it helps to look at value stocks which have the highest chance of rebounding the quickest once the economy rebounds. So let’s go beyond the best 5 stocks for 2023, and look at the 7 best stocks to buy now. To help manage risk, I didn’t
7 Best Stocks to Buy Now – Best Stocks to Invest in 2023 Read More »
Expect a very volatile week this week with strong technical resistance, the May FOMC meeting minutes being released, PCE inflation data coming out, and the debt ceiling limit looming on June 1. If last week taught us anything, it’s that the market can move up or down 2% on the slightest news of debt limit
