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2024-06-22 02:54:52 ET Summary With the election cycle entering its last five months, the political cycle will now be part of the current macro scene. This has the potential to be a market-moving issue due to the stark economic policy differences between the two candidates. In...
2024-06-22 02:20:00 ET Summary Artificial intelligence has never been far from the center of debate about what is driving the stock market in 2024. This week saw three companies jostling and elbowing each other for the pole position as Most Valuable Player in the S&P 500 (and,...
2024-06-21 12:07:05 ET Summary Nvidia Corporation's strong demand drove significant revenue growth and raised expectations for continuous high growth, but I believe the current stock price is largely driven by sentiment and momentum. Despite Nvidia's 423% YoY growth in Data Center...
2024-06-21 12:04:26 ET Summary Federal Reserve's securities portfolio declined by $8.6 billion in the latest banking week ending June 19. Over the three banking weeks ending June 19, the portfolio decreased by $36.6 billion. The Federal Reserve is continuing to reduce the size...
2024-06-21 11:19:49 ET Summary Markets could face significant declines of 15%-20% in the second half of 2024 due to risk repricing and contracting valuations. Credit spreads and implied volatility levels are rising, possibly due to uncertainties around upcoming elections and conce...
2024-06-21 09:00:00 ET Summary I reflect on past bear markets caused by unsustainable debt levels and valuations, but do not see similar circumstances today. Current concerns about a looming bear market are addressed, with a focus on overbought conditions in the technology sector ...
2024-06-21 05:30:00 ET Summary The real GDP growth forecasts for 2024 have been lowered in a few major economies, including the US, Canada, Brazil and Japan. We continue to expect a gradual downward trend in global consumer price index inflation in 2024-26, driven by a moder...
2024-06-21 04:52:00 ET Summary As the first half wraps up, both US and foreign stocks are solidly positive amid AI euphoria. In the stock market, despite many calls for a broadening out of the rally, the mega-cap AI theme reasserted its dominance following small caps’ surge...
2024-06-21 04:44:10 ET Summary The S&P 500 index is currently overvalued, with its P/E and CAPE ratios significantly above historical averages, suggesting limited future returns and heightened risk. There are increasing signs of economic weakness, including rising unemployment...
2024-06-20 21:39:20 ET Summary The European Central Bank has informed the governments of the European Union to get their budgets under control. The ECB believes that the growing debt levels will "eventually" cause pain as the debt will have to be dealt with. Debt levels contin...
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2024-07-08 13:42:00 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...
2024-07-07 05:37:00 ET Cathie Wood, the founder of Ark Invest, is one of the market's most closely followed growth investors. But over the past five years, her flagship Ark Innovation ETF (NYSEMKT: ARKK) has declined nearly 6% as the S&P 500 rallied 85%. Nevertheless, Wo...
2024-06-26 11:19:20 ET Shares of Ginkgo Bioworks (NYSE: DNA) were sinking 8.3% lower as of 11:03 a.m. ET on Wednesday. The decline continued after the stock fell nearly 11% on Tuesday following two negative developments for Ginkgo. Following the market close on Monday, the biote...