Previous 10 | Next 10 |
2024-07-30 02:05:00 ET Summary At the start of last week, the People’s Bank of China cut its seven-day repo rate to 1.7% for the first cut in a year. Due to a slowing economy in Europe, I expect another European Central Bank (ECB) interest rate cut soon. The U.S. econom...
2024-07-29 15:20:00 ET Summary Small-cap stocks represented by the Russell 2000 index was the standout winner last week, along with the Dow Jones Industrial Average (DIA). The DIA is comprised of 30 stocks that include some of America’s largest financial companies, and that giv...
2024-07-29 12:05:00 ET Summary US equities fell for a second week in trading through Friday, July 26, based on the S&P 500 Index. American shares are up 14.5% year to date. A possible catalyst that could influence market sentiment in the days ahead: employment numbers for ...
2024-07-29 07:58:00 ET Summary In May 2024, the AIER Business Conditions Monthly Leading Indicator sank to a mildly expansionary level of 54, its lowest value since October 2023. The Roughly Coincident Indicator rose to 83, continuing a streak of expansionary readings, broken only...
2024-07-29 07:15:00 ET Summary The Great Rotation from large cap stocks to small cap and value stocks, that started a few weeks ago, continued unabated last week. Small cap and value stocks have trounced large cap stocks over the last month. What if the “great” r...
2024-07-29 06:56:00 ET Summary The US dollar is mostly firmer today ahead of what promises to be an eventful week. Sterling is bearing the brunt today, off a little less than half-of-a-cent as expectations creep up of a rate cut this week. Outside a few Asian currencies, most ...
2024-07-29 06:01:00 ET Summary It’s a busy week for economic data, both monthly and quarterly, as well as the all-important FOMC statement on monetary policy due out Wednesday afternoon, July 31. Most Fed watchers think a September Fed funds rate cut is now probable, but th...
2024-07-28 16:00:00 ET Summary The S&P 500 made a 2% daily drop for the first time since February 2023. Support was tested and held, but it is unlikely the low is in. 5265 looks like the minimum target, with potential for 4953-5000. The S&P 500 ( SPY ) co...
2024-07-28 06:15:00 ET Summary Economic data may lead to further steepening of the yield curve. Job data is likely to show further slowing of the labor market. The Fed and Bank of Japan meetings could lead to a further unwind of the carry trade. Economic data may be ...
2024-07-27 04:30:24 ET Summary The unwind of highly levered yen carry trades is driving de-leveraging at the periphery. De-risking/deleveraging has taken hold in the semiconductors and big tech stocks following a historic speculative melt-up. Nvidia is now down 16.2% over 12 s...
News, Short Squeeze, Breakout and More Instantly...
ProShares S&P 500 Ex-Energy Company Name:
SPXE Stock Symbol:
NYSE Market:
2024-04-17 02:54:00 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...
A look at the top 10 most actives in the United States Marin Software Incorporated (MRIN) rose 126.3% to $0.6497 on volume of 228,672,822 shares PROSHARES TRUST (SQQQ) rose 2.7% to $10.9 on volume of 177,760,238 shares Direxion Daily Semiconductor Bear 3X Shares (SOXS) rose 4.9% to $3.43 ...
A look at the top 10 most actives in the United States Direxion Daily Semiconductor Bear 3X Shares (SOXS) rose 2.2% to $3.3405 on volume of 57,142,172 shares Adial Pharmaceuticals Inc (ADIL) rose 97.3% to $2.2299 on volume of 50,603,026 shares Jaguar Health Inc. (JAGX) rose 24.2% to $0.11...