Index Analysis • Nasdaq Composite: After hitting a record high the previous day. The pullback reflects profit-taking amid concerns about stretched valuations. Despite the correction, tech sentiment remains broadly positive, with market participants eyeing potential catalysts such as upcoming earnings and macroeconomic policy shifts. • S&P 500: Narrowly holding above the critical 6,000-point support level. A break below th...
As of December 12, 2024, the three major U.S. stock indices have repeatedly hit historical highs throughout the year. The$Dow Jones Industrial Average (.DJI.US)$exceeded the 45,000-point mark, the$S&P 500 Index (.SPX.US)$hit 6,000 points, and more excitingly, the$Nasdaq Composite Index (.IXIC.US)$topped 20,000 for the first time on Wednesday. Amid the artificial intelligence frenzy and expectations of Federal Reserve rate cuts, along with ...
S&P 500: 6,051.25 (-0.5%) Nasdaq-100: 21,615.27 (-0.7%) DJIA: 43,914.12 (-0.5%) Eurostoxx: 4,965.53 (+0.1%) U.S. crude futures: 70.02 (-0.4%) U.S. equities declined on Thursday as investors adjusted their expectations for the stock market and interest rates in response to a series of economic data releases. The S&P 500 Index fell by 0.5% while the tech-focused Nasdaq-100 dropped by 0.7% after reaching a record high in the previous session. Additio...
2024 is finally coming to an end and its been a great 2nd year bull! The jounery is full of ups and downs! Recaping some of the key moments to remind myself and lessons learnt. 1. 1st half was generally good with$S&P 500 Index (.SPX.US)$up also 15% by end June. Did some shorts in Jan and Feb and got short squeezed and had to cut loses. Was thinking market might pull back and try to position my trades.KEY LESSON here - Never try to predict what the market might do i...
It created its very own intraday, head and shoulders.... What disgustingly ridiculous movement.... Good luck holding this trash over the weekend... Puts into the close
• Nasdaq Composite:
After hitting a record high the previous day. The pullback reflects profit-taking amid concerns about stretched valuations. Despite the correction, tech sentiment remains broadly positive, with market participants eyeing potential catalysts such as upcoming earnings and macroeconomic policy shifts.
• S&P 500:
Narrowly holding above the critical 6,000-point support level. A break below th...
Amid the artificial intelligence frenzy and expectations of Federal Reserve rate cuts, along with ...
Nasdaq-100: 21,615.27 (-0.7%)
DJIA: 43,914.12 (-0.5%)
Eurostoxx: 4,965.53 (+0.1%)
U.S. crude futures: 70.02 (-0.4%)
U.S. equities declined on Thursday as investors adjusted their expectations for the stock market and interest rates in response to a series of economic data releases. The S&P 500 Index fell by 0.5% while the tech-focused Nasdaq-100 dropped by 0.7% after reaching a record high in the previous session. Additio...
1. 1st half was generally good with $S&P 500 Index (.SPX.US)$ up also 15% by end June. Did some shorts in Jan and Feb and got short squeezed and had to cut loses. Was thinking market might pull back and try to position my trades. KEY LESSON here - Never try to predict what the market might do i...
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