USVM News and Press, USAA MSCI USA Small Cap Value Momentum Blend Index From 05/06/24

2024-05-06 07:30:00 ET Summary Interest rates are unchanged over the last six months. The recent rise in rates that has had markets in an uproar the last few weeks appears to have run its course. While the 10 year Treasury yield is still in a short-term uptrend, the technical patt...

2024-05-05 21:47:31 ET Summary The market should continue to rise this week, particularly in the tech sector, based on technical analysis and recent market events. Fed President Powell's dovish FOMC statement and the softer April jobs report will contribute to market optimism this...

2024-05-05 16:00:00 ET Summary Weaker data has been balanced out by higher odds of rate cuts. Price action has been "messy." In the near-term, there is a bias for higher to squeeze out shorts above the 50dma. Once this squeeze is complete, a reversal lower again could develop....

2024-05-05 07:00:00 ET Summary Powell's recent press conference did not indicate a dovish stance on rate cuts in 2024. The stock market rally during Powell's press conference was due to the 2:35 PM ET VIX melt that occurs at nearly every meeting. The immediate price action fol...

2024-05-05 01:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-05-04 11:10:00 ET Summary The US economy's resilience and stickiness of price pressures have led to a reassessment of Fed policy, causing a rise in US interest rates and a stronger dollar. Concerns about US fiscal policy and the stronger dollar have heightened among countries...

2024-05-04 07:20:00 ET Summary Preliminary estimates of second quarter US GDP activity suggest output may stabilize after two straight quarters of slower growth, based on the median for a set of nowcasts compiled by CapitalSpectator.com. If Friday’s median Q2 nowcast is cor...

2024-05-04 06:00:00 ET Summary Job creation was weaker, unemployment higher and wage growth more subdued than expected in the April employment report. With Fed Chair Powell leaning dovish at Wednesday’s press conference this has breathed new life into Federal Reserve intere...

2024-05-04 05:00:00 ET Summary The Japanese currency had weakened back to 157.94 by Wednesday, before a second round of intervention pushed the dollar/yen down to 153. The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows. Any pushb...

2024-05-04 03:25:00 ET Summary The BLS reported a gain of 175k jobs which was below expectations of about 200k. The 175k jobs surprised to the downside, with the unemployment rate also rising slightly to 3.9%. While part-time had been leading the way for months, April saw a bi...