Every two years Bitcoin and cryptocurrency in general rallies to new highs. This makes the Bitcoin price today quite low in comparison, and today’s Bitcoin news of a new Bitcoin ETF means the next Bitcoin price prediction indicates a Bitcoin pump. Based upon the Bitcoin technical analysis and fundamental analysis, it looks like the Bitcoin […]
This happens every 2 years, and it’s about to happen again Read More »
After the very hawkish pause from the Federal Reserve last week, all eyes will remain on the Federal Reserve again this week as Fed Chair Jerome Powell testifies to Congress on Wednesday and the Senate on Thursday. It could be another volatile week for the stock market. Last Week Recap The June FOMC meeting shocked
In the short term, what’s happening in China will cause stocks to rally, but in the long term, it’s bad news for the global economy and bad news for the US stock market. This stock market news has caused investors to shift their focus and re-evaluate the global economy and US stock market. But is
This Will Cause Stocks to Rally, Even Though It’s Bad Read More »
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
Fed Meeting June 2023 – What You Need to Know Read More »
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 »
