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Producer price index,a measure of wholesale prices, rose 0.1% last month. This is lower than the expectation of 0.2%. Market is happy that inflation is on its way down, hence it’s rallying now.
But the widely followed consumer price index will be out on Wed. Stay cautious.
$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Super Micro Computer (SMCI.US)$ $Advanced Micro Devices (AMD.US)$ $Arm Holdings (ARM.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Apple (AAPL.US)$
But the widely followed consumer price index will be out on Wed. Stay cautious.
$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Super Micro Computer (SMCI.US)$ $Advanced Micro Devices (AMD.US)$ $Arm Holdings (ARM.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $iShares Bitcoin Trust (IBIT.US)$ $Apple (AAPL.US)$
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Fed's Rate Cut Forecast for 2024 Spurs Market Optimism, Pushing S&P 500 Past 5,200 Amid Falling Yields🤑🤭🙌📈
Powell's Job Is Done.
Key Takeaway
🤑Fed's forecast of three rate cuts in 2024 boosts stocks, with S&P 500 hitting 5,200 and Nasdaq up by 1%.
🤑Market analysts view Fed's announcement as dovish, predicting benefits for high-quality fixed income bonds and possible rate cuts by June.
🤑Despite higher inflation forecasts, the Fed's nuanced policy s...
Powell's Job Is Done.
Key Takeaway
🤑Fed's forecast of three rate cuts in 2024 boosts stocks, with S&P 500 hitting 5,200 and Nasdaq up by 1%.
🤑Market analysts view Fed's announcement as dovish, predicting benefits for high-quality fixed income bonds and possible rate cuts by June.
🤑Despite higher inflation forecasts, the Fed's nuanced policy s...
![Fed's Rate Cut Forecast Fuels Stocks, Bonds Rally](https://ussnsimg.moomoo.com/sns_client_feed/70040946/20240321/f05e33dfd5254774bd4f973ee0a9c47c.gif/thumb?area=100&is_public=true)
![Fed's Rate Cut Forecast Fuels Stocks, Bonds Rally](https://ussnsimg.moomoo.com/sns_client_feed/70040946/20240321/a7bf75b0802d4757bed5550a04659ac9.png/thumb?area=100&is_public=true)
![Fed's Rate Cut Forecast Fuels Stocks, Bonds Rally](https://ussnsimg.moomoo.com/sns_client_feed/70040946/20240321/c6f3a19f91284423b37494ceff63ccd7.jpg/thumb?area=100&is_public=true)
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$Apple (AAPL.US)$ is in the clouds. Shares have climbed 35% so far in 2023, with at most a modest 6% pullback along the way. At a price of $177.30 as of Tuesday, the stock is firmly at its 52-week high.
With AAPL currently valued at $2.8 trillion, a gain of only 7.5% would be enough to push the market cap beyond the same milestone that Apple reached very briefly in January 2022.
Could $3 trillion be next for shares of the Cupertino compa...
With AAPL currently valued at $2.8 trillion, a gain of only 7.5% would be enough to push the market cap beyond the same milestone that Apple reached very briefly in January 2022.
Could $3 trillion be next for shares of the Cupertino compa...
![Apple Stock To Hit $3 Trillion: Here’s How Long It May Take](https://ussnsimg.moomoo.com/feed_image/70042948/d1a118dee4b23c828d08968ae875b005.jpg/thumb)
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$NVIDIA (NVDA.US)$ sell or buy more?
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$NVIDIA (NVDA.US)$ $400 plus soon...
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$NVIDIA (NVDA.US)$ sold all at 285
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