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43 Stocks That Will Never Sleep With Robinhood's 24-Hour Trading: What You Need To Know
Tuesday, June 20, 2023 - 1:02pm | 463Read More...Robinhood Markets Inc (NASDAQ:HOOD) is rolling out 24-hour trading, 5 days a week, in an effort to appeal to investors who want the ability to trade whenever they'd like. Though the service is not the first of its kind, it is set to bolster the trading prowess of its user base, providing a...
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Central Bank Barrage: More Monetary Focus Ahead Including Powell Testimony After Beijing Cuts Rates
Tuesday, June 20, 2023 - 12:58pm | 2301Read More...(Tuesday market open) If you didn’t get your fill of Federal Reserve last week, you’re going to love the next few days. First comes Fed Chairman Jerome Powell’s semi-annual testimony to the House Financial Services Committee tomorrow morning, but he’s only the tip of...
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Tuesday's Market Minute: Another Week With The Focus On The Fed
Tuesday, June 20, 2023 - 12:52pm | 433Read More...As the dust settles from the FOMC decision last Wednesday to skip or pause rate hikes, the focus will continue to be on central bankers and policy decisions throughout the holiday-shortened week. We’ll hear from the Fed Chair himself Wednesday and Thursday as Jerome Powell is scheduled to...
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Friday's Market Minute: Equities Surge As /ES Approaches Resistance
Friday, June 16, 2023 - 12:33pm | 302Read More...S&P 500 futures have gained about 7.5% in only 15 trading days as of yesterday’s close, and the contract today is on pace for its seventh green candle in a row. The sharp push to the upside has likely confounded bearish traders, and there is little relief in sight for this crowd from a...
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After Another Surge, Stocks Approach Weekend On Six-Day Win Streak On Rate Hopes
Friday, June 16, 2023 - 12:27pm | 2367Read More...(Friday market open) The S&P 500® Index (SPX) is on a six-day winning streak following another surge yesterday amid growing investor optimism that interest rates might be close to peaking. Thursday’s meteoric rally sent major indexes to fresh 14-month highs, and...
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Thursday's Market Minute: Is AMD's AI-Driven Upswing Slowing?
Thursday, June 15, 2023 - 11:28am | 437Read More...Advanced Micro Devices (NASDAQ: AMD) has enjoyed a nearly 42% jump since its last earnings event in May as of yesterday’s close, running along with the surging broader semiconductor market as AI continues to captivate the minds of investors. The chipmaker received two price target boosts this...
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Fed Hits Pause And So Does Wall Street As Stocks Edge Lower Amid Rising Rates, Dollar
Thursday, June 15, 2023 - 11:25am | 2219Read More...(Thursday market open) The relentless rally took a breather this morning following the Federal Reserve’s “hawkish pause.” Treasury yields rose, putting pressure on the red-hot info tech sector in premarket trading. The main takeaway from Wednesday’s Federal Open...
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Fed Verdict Awaited: Fresh Signs Of Easing Inflation Reinforce Rate Hike Pause Expectations
Wednesday, June 14, 2023 - 12:24pm | 2200Read More...(Wednesday market open) For the first time in well over a year, the Federal Open Market Committee (FOMC) is widely expected to end its meeting today without raising interest rates. Stocks entered a new bull market last week and traded at nearly 14-month highs yesterday after new...
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Tuesday's Market Minute: 2023's Best Performers: NVDA, META, TSLA, AMD
Tuesday, June 13, 2023 - 1:21pm | 465Read More...As the market continues to change hands in favor of the bulls, the tech titans (which were already having a stellar year) have continued to rip higher. Companies seen as a strong play into generative AI have witnessed massive favoritism, like Advanced Micro Devices (NASDAQ: AMD), Nvidia (NASDAQ:...
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Inflation Cools In May Ahead Of Fed Meeting, Reinforcing Thoughts A Pause Could Be Ahead
Tuesday, June 13, 2023 - 1:16pm | 2104Read More...(Tuesday market open) U.S. consumer inflation continued easing in May, calming interest rate fears on Wall Street—at least for the moment. Stock futures were mostly higher early Tuesday after the government said the May Consumer Price Index (CPI) rose 4% on an annual basis, the...
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Jam-Packed Week Ahead Features Fed Meeting, Critical Inflation Data, Retail Sales
Monday, June 12, 2023 - 2:33pm | 2115Read More...(Monday market open) After a rare quiet week of subdued and range-bound trading on Wall Street, the flood of data and central bank meetings begins tomorrow and has markets on edge. Investors will know more by Friday about the Federal Reserve’s outlook for the economy, inflation, and...
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Running With The Bulls: After 20% Gain From Fall Lows, Market Faces Test Next Week
Friday, June 9, 2023 - 2:21pm | 1881Read More...(Friday market open) After a dry-as-dust data calendar the last few days, next week offers a data deluge which, along with a Federal Reserve meeting, could possibly shake the market out of its recent torpor. Yesterday actually showed some zip as the S&P 500® Index (SPX)...
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Friday's Market Minute: The Broad Market And Economy Are Currently Aligned
Friday, June 9, 2023 - 2:16pm | 372Read More...The equity market continues to make incremental gains with the S&P 500 testing the 4,300 level established back in August of last year. The focus of most investors has shifted away from the recent fiscal debt ceiling political theatrics and back to the fundamentals of interest rates, the...
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Treading Water: Oh, Canada: Despite Ottawa's Surprise Rate Hike, Market Still Expecting U.S. Rate Pause
Thursday, June 8, 2023 - 11:22am | 2084Read More...(Thursday market open) Smoke isn’t the only thing blowing in from Canada this week. A rate hike north of the border raised concerns on Wall Street, but by and large the market still seems confident of a Federal Reserve rate pause next Wednesday. The small-cap focused Russell 2000...
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Thursday's Market Minute: Money Flow Confirms Sector Rotation
Thursday, June 8, 2023 - 10:52am | 758Read More...Over the last 3 trading sessions the market has experienced a healthy rotation from some of the outperforming sectors like Information Technology and Semiconductors, to their less flashy counterparts like Energy, Industrials, and Financials. But this rotation is not just sector based, it also...















