US stocks surged last week, driven by easing policies. The Federal Reserve cut interest rates by 50 basis points last Wednesday, its first reduction in four years. On Tuesday, China's central bank announced significant rate cuts and several financial support measures. In the week following the Fed’s rate cut, utilities, metals, and energy stocks led gains in the US market.$Utilities - Independent Power Producers (LIST2462.US)$and ...
$General Motors (GM.US)$$Tesla (TSLA.US)$$Auto Manufacturers (LIST2468.US)$$Ford Motor (F.US)$ GM announces buyback + dividend increase with precise timing……right at the sweet spot / breakout point on charts of Auto Manufacturers sector. So instead of just TSLA driving the gains of the auto sector and the other companies within, GM will also be pushing up the sector as a whole along with TSLA mid breakout. I dont know about you, but the timing of th...
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joemamaa : nice