MDYG News and Press, SPDR S&P 400 Mid Cap Growth ETF From 01/16/24

2024-01-16 21:20:00 ET Summary January US Empire Manufacturing reading this morning was -43.7, much worse than the -5 estimated and much weaker than during the 2008 financial crisis/great recession. The analyst consensus is for S&P earnings per share growth of more than 10 per...

2024-01-16 21:17:00 ET Summary SPX index rose 1.8% to 4,783.83. After the week's headlines, the CME Group's FedWatch Tool projects the Fed will hold the Federal Funds Rate steady in a target range of 5.25-5.50% until 20, March 2023 (2024-Q1), when investors anticipate it will laun...

2024-01-14 00:20:00 ET Summary Looking back at last year, the best investment decision would have been to ignore diversification. Throughout history, we’ve seen numerous instances where capital heavily concentrates on a single company or a small cluster of stocks. We ar...

2024-01-13 01:45:00 ET Summary What to expect in the upcoming earnings season. Can the Fed still cut rates after the latest CPI data? The market implications if inflation continues to be sticky. Markets have been pricing in a U.S. Fed interest rate cut by as early ...

2024-01-12 15:04:00 ET Summary The S&P 500 was just shy of its all-time high at the end of 2021, with a market cap of $40.36 trillion. The S&P 500 was approaching that record high again as of the end of 2023, with a market cap of $40.04 trillion. The top 10 component s...

2024-01-11 00:45:00 ET Summary Important earnings season ahead as investors look for signs that we are headed for a soft landing. The LERI shows corporate uncertainty easing to its lowest level since 2015. Banks on deck this week: Expectations are for improved lending, investm...

2024-01-10 09:20:00 ET Summary Low interest rates lead to asset inflation and sometimes asset bubbles like those we saw in late 2020 and throughout 2021. Cutting rates to stimulative territory as soon as inflation hits 2% could cause it to reaccelerate. Instead, the plan shoul...

2024-01-09 00:05:00 ET Summary These tech heavyweights delivered impressively in 2023. But the good news, in our view, looks priced in. Envy of the rest of the S&P 500, the “Magnificent Seven” - including Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla...

2024-01-08 19:55:00 ET Summary There was no Santa Claus rally in the last week of 2023 and the first two trading days of 2024 – which mark the technical definition of a Santa Claus rally. The last trading day of 2023 was down and so was the first trading week of 2024. B...

2024-01-08 08:00:00 ET Summary The stock market rally in 2023 was primarily enjoyed by seven large-cap technology stocks, but I expect the rally will ultimately widen in 2024 for both stocks and bonds. The Federal Reserve is projected to shift from tightening to accommodation as i...