edward mcelhiney
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As we wrap up September, the U.S. stock market has continued its bullish trajectory, fueled by the Fed rate cut, with the $S&P 500 Index (.SPX.US)$ reaching a new all-time high on September 26th for the 42nd time this year.
October is well-known for its market volatility, often tagged with "Octoberphobia" due to its historical market shakes. However, it has also been dubbed the "bear kill...
October is well-known for its market volatility, often tagged with "Octoberphobia" due to its historical market shakes. However, it has also been dubbed the "bear kill...
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edward mcelhiney
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Bitcoin surged to a one-month high on Monday, extending its rally after last week's significant Federal Reserve rate cut. FXTM Senior Market Analyst Lukman Otunuga highlighted that looser financial conditions could signal a favorable outlook for bitcoin bulls, driving increased demand for digital assets.
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...
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edward mcelhiney
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The $S&P 500 Index (.SPX.US)$ soared 1.7% to new highs on Thursday, closing just over 5,700 a day after the Federal Reserve announced a jumbo rate cut of 50 basis points. So far this year, the S&P 500 has risen nearly 20%.
There is growing optimism in the market that the Federal Reserve's jumbo interest rate cut will deliver a "soft landing" for the US economy. Indeed, stocks have performed well following rate cuts - as long ...
There is growing optimism in the market that the Federal Reserve's jumbo interest rate cut will deliver a "soft landing" for the US economy. Indeed, stocks have performed well following rate cuts - as long ...
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edward mcelhiney
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Last week, the U.S. ADP report and non-farm payroll data for August were released, indicating a slowdown in the labor market.
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...
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edward mcelhiney
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Missed the live? Watch the replay now and join Justin, Michael and Jessica as they dives deep into US rate cuts!
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edward mcelhiney
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$Super Micro Computer (SMCI.US)$ is seeing heavy put options trading as a short-seller report from Hindenburg Research sent the stock of the server maker tumbling as much as 8% before the shares pared their declines.
Volume on put options that give the holders the right to sell the stock at $500 reached 13,480 contracts by early afternoon in New York Tuesday. That's the biggest among SMCI puts and calls of variou...
Volume on put options that give the holders the right to sell the stock at $500 reached 13,480 contracts by early afternoon in New York Tuesday. That's the biggest among SMCI puts and calls of variou...
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