The market swapped its morning decline with an afternoon advance on Thursday. Once falling 3%, Nvidia shifted into a climb that helped push tech higher. Bitcoin hit two all-time highs during the trading day, reaching $99,121 before pulling back. Just past 4 pm ET, the$S&P 500 Index (.SPX.US)$climbed 0.53%, the$Dow Jones Industrial Average (.DJI.US)$climbed 1.06%, and the$Nasdaq Composite Index (.IXIC.US)$climbed j...
Good morning, traders. Happy Thursday, November 21. Without the news and animal spirits moving markets, you will not make it through today. My name is Kevin Travers, and the S&P 500 is falling while the market is trying to climb but Nvidia's earnings are holding it back: $NVIDIA (NVDA.US)$jumped at open but quickly fell about 2%, the same movement it felt last night after reporting earnings and revenue that ...
Space Dust
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watching to see how low packaged food giants sink KHC, CAG, B&G, etc. the bigs like Bunge and Bwel have faired, and some healthcare , OMI wow, what a long term slide..
U.S. stocks staged a V-shaped recovery, with$S&P 500 Index (.SPX.US)$,$Dow Jones Industrial Average (.DJI.US)$, and small-cap stocks turning positive in late trading, while$Nasdaq Composite Index (.IXIC.US)$sharply narrowed its losses.$NVIDIA (NVDA.US)$fell nearly 3% during the session but closed down 0.8%; post-market, its stock dropped as much as 5% before recovering most of the losses. Despite Q3 results beating expectations, its Q4 guidance midpoint missed the high-end estimates...
S&P 500: 5,917.11 (0.0%) DJIA: 43,408.47 (+0.3%) Nasdaq-100: 20,667.10 (-0.1%) Eurostoxx: 4,729.71 (-0.5%) U.S. crude futures: 68.75 (-0.7%) U.S. stock markets saw a mixed finish on Wednesday, ahead of Nvidia’s earnings release which came after market close. Nvidia’s third quarter earnings came in above expectations but provided underwhelming guidance for the current quarter. The Nasdaq-100 inched slightly lower while th...
The market was mixed Wednesday, with tech holding its breath. The S&P 500 closed flat. Nvidia earnings came out with revenue and adjusted EPS beat, but forward guidance was below mid-point estimates, sending the stock lower by 2% or so. At 4:01 p.m. ET, the$Nasdaq Composite Index (.IXIC.US)$was off 0.32%. The$Dow Jones Industrial Average (.DJI.US)$was up 0.32% and$S&P 500 Index (.SPX.US)$was flat for the day, climbing ju...
Happy Wednesday, November 20. Without the news and animal spirits moving markets, you will not make it through today. My name is Kevin Travers, and the S&P 500 and market fell after more retail store earnings, but there is huge news today you have to watch: $Target (TGT.US)$posted a miss across earnings, revenue, and forward guidance. CEO Brian Cornell said the average ticket price per customer fell, and consumers we...
70911613
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Walmart's rise, exceeding expectations; Target's decline, performance below guidance. Is it really a retail trade industry-wide issue or Target's own reasons?
Kevin Travers
OP
70911613
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It seems like walmart captured more low income customers, while target was suffering from supply issues- they put out discounts but made less from each customer anyway. Good question
Deutsche Bank warns that the current market resembles historical peaks, suggesting limited room for further gains amid elevated valuations. A rapid reversal could occur if economic slowdowns or other catalysts emerge. Additionally, the Fed model has issued its first bearish signal in a decade. While MarketWatch contributor Mark Hulbert downplays its reliability, he notes that investors still have valid reasons to be cautious ab...
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NDMQ
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Negative news like this could cause selling pressure for retail traders giving rise to buy opportunities for xl traders.
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