Bitcoin rose above $40,000 for the first time in over year. Investor’s bullish sentiment has spread beyond the stock market and is now hitting the crypto market. This looks like December 2020 all over again, and it could be the start of a major rally early next year. I gave my 2024 stock market prediction …
A once in a lifetime market event is here, and it will change everything you thought you knew about investing. The full details of what’s happening are explained in my latest video here: https://www.youtube.com/watch?v=ePKB5WZQeqo&list=UULFxFRGG-_23Kqxe0YexDc1eg. Now that you know what’s happening in the macro market environment, let’s discuss what’s happening this week. Last Week Recap Last week …
Stock Market Preparation for Monday – A Once in a Lifetime Market Event Is Here Read More »
Here are the top Black Friday deals for stock market and crypto traders and investors! Seeking Alpha 30% OFF Seeking Alpha is offering 30% off + a 7 day free trial now through December 5th. Seeking Alpha is the best site for researching stocks. Fundamental analysis is broken down into easy to understand …
A short Thanksgiving week means lower volume, but not necessarily lower volatility. With Nvidia reporting earnings this week, we can expect some major volatility on Wednesday. There is also some key economic data about consumer spending that will be important to watch this week. After traveling to Chicago last week to ring the closing bell …
Stock Market Preparation for Monday – Nvidia Earnings and Thanksgiving Blessings Read More »
Moody’s downgraded the US credit watch to negative, Congress only has one week left to avoid a government shutdown, and inflation data is coming out later this week. After the fastest rally in the stock market in over a year, can the market continue to rally, or is it due for a slight pullback. While …
Last week I gave my reasons why the stock market could rally, and rally it did. The stock market just had it’s best week of the entire year. Helped significantly by a dovish Fed, which led to lower interest rates, stocks rallied on hopes that lower interest rates would help company earnings. And earnings so …
Stock Market Preparation for Monday – Will the Rally Last? Read More »
With the S&P and NASDAQ both in correction territory, people are starting to wonder how much further the stock market will fall. But maybe the question everyone should be asking is IF the stock market will fall. While tech earnings were somewhat disappointing, and even good earnings from Microsoft and Amazon failed to cause a rebound in …
Stock Market Preparation for Monday – FOMC Meeting while Stock Market Correction Started Read More »
The stock market sits on some crucial support levels after last week’s sell-off. Should we break those support levels, we could be looking at another bear market (or possibly just a continuation of the 2022 bear market, depending upon who you ask). But if we bounce off of these key support levels, that could trigger …
Stock Market Preparation for Monday – Microsoft, Alphabet, Meta, Amazon Earnings + PCE Read More »
Tesla earnings, Netflix earnings, and over a dozen Federal Reserve speakers will really move the stock market this week, as well as some very important economic data. Last Week Recap Despite fears over the Israel-Hamas war causing uncertainty and oil prices to rise, the DOW rose for the first time in 4 weeks, and the …
After a horrible September that saw the S&P fall nearly 5% and the NASDAQ fall by more than 5%, the market is shaping up for a rebound in October. But first, we’ll have to get through this week’s economic news. Last Week Recap While the DOW fell more than 1% last week, the S&P and …
Stock Market Preparation for Monday – Government Shutdown Averted, Economic Data on Tap Read More »
