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FOMC happens Wednesday.
Will the Fed cut?🤔
🤩Key takeaways
The Federal Reserve is expected to leave borrowing costs at a 23-year high of 5.25-5.5 percent, pushing back on investors’ hopes that it’ll be quick to cut interest rates.
Inflation is not slowing as quickly as it once was, with consumer prices rising 3.2 percent in February and hitting a hotter 3.8 percent when excluding food and energy.
Consumers should focus on paying off debt and improving their credit scor...
Will the Fed cut?🤔
🤩Key takeaways
The Federal Reserve is expected to leave borrowing costs at a 23-year high of 5.25-5.5 percent, pushing back on investors’ hopes that it’ll be quick to cut interest rates.
Inflation is not slowing as quickly as it once was, with consumer prices rising 3.2 percent in February and hitting a hotter 3.8 percent when excluding food and energy.
Consumers should focus on paying off debt and improving their credit scor...
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A recent survey indicates that $Advanced Micro Devices (AMD.US)$'s Instinct MI300X GPUs are gaining traction among AI professionals, with approximately 50% of the 82 engineers and AI experts surveyed expressing a preference for the AMD option over $NVIDIA (NVDA.US)$. They cite a better price-to-performance ratio and greater availability as key factors. This shift suggests AMD's potential breakthrough into the competitive A...
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Stocks rally
Wall Street closed higher on Tuesday with the S&P 500 hitting a fresh record, up 1.1%. The blue-chip Dow gained over 200 points, while the Nasdaq added 1.5% as U.S. inflation data came in mildly higher than expected in February.
Record shareholder payouts
Shareholder payouts hit a record $1.7 trillion last year, according to a new report by British asset manager Janus Henderson. Nearly half of the world’s total dividend growth came from the banking sector...
Wall Street closed higher on Tuesday with the S&P 500 hitting a fresh record, up 1.1%. The blue-chip Dow gained over 200 points, while the Nasdaq added 1.5% as U.S. inflation data came in mildly higher than expected in February.
Record shareholder payouts
Shareholder payouts hit a record $1.7 trillion last year, according to a new report by British asset manager Janus Henderson. Nearly half of the world’s total dividend growth came from the banking sector...
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$SPDR S&P 500 ETF (SPY.US)$ market should be selling off but yet it pumps, of course. propped up by nvidia again. this market is a fckn joke. im done trading its all rigged better chances doing poker
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$Tesla (TSLA.US)$
Ugly Technical Picture
This week, TSLA experienced a swift selloff. It looked like we were going to see a rebound off of the bottom of a long-term downward price channel. But that proved not to be the case after Monday's huge selloff that was followed by new 52-week lows. We even saw a reverse head and shoulders pattern with a bullish breakout to the upside of the neckline. The bulls couldn't hold the price up.
False Rebound
I was hoping to...
Ugly Technical Picture
This week, TSLA experienced a swift selloff. It looked like we were going to see a rebound off of the bottom of a long-term downward price channel. But that proved not to be the case after Monday's huge selloff that was followed by new 52-week lows. We even saw a reverse head and shoulders pattern with a bullish breakout to the upside of the neckline. The bulls couldn't hold the price up.
False Rebound
I was hoping to...
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$Snap Inc (SNAP.US)$Institutional investors are buying SNAP and if they integrate their platform with CHATGPT for messaging then the stock price will rocket towards 65$. Comparing it with Meta story, one year back meta also witnessed the same buy volume.
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