On Sunday, July 21, President Biden announced in a social media post that he will not seek re-election in 2024, throwing his full support behind Vice President Kamala Harris for the Democratic presidential nomination. In his message, Biden stated that while he initially intended to run for re-election, he believes it is in the best interest of the Democratic Party and the country to step aside and focus on completing his...
Microsoft ($Microsoft(MSFT.US)$) investors have done very well over the past few years. While it isn't the world's largest company right now, Microsoft retained that position for many months due to its strong success. Although Microsoft stock has been a great buy historically, I'm avoiding it now due to one huge red flag. Microsoft's Business Segments Are Excelling Intelligent Cloud: Revenue grew by 21% to $26.7...
The probability of the market closing below 5530 this year with 2 - 2.5% error. The portion above 5530 is a bonus and could retrace at any time. with 2.5% error, up to 5670 is possible. With 2.5% error, up to 5670 is possible. If SPX 5505 can hold today, there is a high possibility of rebound next week. Next Monday and Tuesday could be a rebound - probability over 80%. Wednesday: change day. Downside again.
Jay Hatfield, CEO at Infrastructure Capital Advisors, said he expects a “muted stock market reaction” to Biden’s resignation from the presidential race, as it had been largely expected as calls for him to bow out grew louder. “The fact that Biden endorsed Kamala Harris reduces uncertainty. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning,” Hatfield said. Earnings and central bank policy will also be to...
The US and European markets experienced two consecutive days of simultaneous declines in both stocks and bonds. On Friday, US stocks fell broadly once again, with investors rapidly exiting tech stocks.$S&P 500 Index(.SPX.US)$and$Nasdaq Composite Index(.IXIC.US)$saw three consecutive days of losses, marking the largest weekly drop in three months.$Dow Jones Industrial Average(.DJI.US)$retreated over several days but still achieved a three-week winning streak. Small-cap indices pulled b...
E-mini S&P 500 Futures(SEP4) Forum
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In his message, Biden stated that while he initially intended to run for re-election, he believes it is in the best interest of the Democratic Party and the country to step aside and focus on completing his...
Although Microsoft stock has been a great buy historically, I'm avoiding it now due to one huge red flag.
Microsoft's Business Segments Are Excelling
Intelligent Cloud: Revenue grew by 21% to $26.7...
If SPX 5505 can hold today, there is a high possibility of rebound next week. Next Monday and Tuesday could be a rebound - probability over 80%.
Wednesday: change day. Downside again.
“The fact that Biden endorsed Kamala Harris reduces uncertainty. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning,” Hatfield said.
Earnings and central bank policy will also be to...
He predicts that the market will return to a bear market by the end of this year or at the latest, next year.
$ProShares UltraPro Short QQQ ETF(SQQQ.US)$ $ProShares UltraPro QQQ ETF(TQQQ.US)$ $S&P 500 Index(.SPX.US)$ $CBOE Volatility S&P 500 Index(.VIX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$
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