7/8/2024 The S&P 500 hovered near a fresh record Monday even as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer companies … [Read more...]
Money Wave Alert! July 5, 2024
A Huge run this week on the Big 7 Stocks (FNGU) from panic buying. 7/5/2024 The S&P 500 & NASDAQ 100 Indices were higher today from major squeezes of the Big 7 Stocks (see chart above). The weaker DOW 30 and Small Caps were lower. The … [Read more...]
Money Wave Alert! July 3, 2024
MARKETS WILL CLOSE TODAY AT 1 PM EDT 7/3/2024 The S&P 500 ticked higher in Wednesday’s shortened trading session as investors appeared to look past sluggish economic data. The broad index added 0.2%, while the Nasdaq Composite rose 0.4%. … [Read more...]
Money Wave Alert! July 2, 2024
7/2/2024 Stocks churned Tuesday as Federal Reserve Chair Jerome Powell noted progress on inflation, but reiterated that the central bank was not quite ready to cut rates. The S&P 500 rose slightly as Tesla shares jumped, even as Nvidia … [Read more...]
Money Wave Alert! July 1, 2024
7/1/2024 Stocks were higher Monday as Wall Street looked to maintain the strong momentum seen in the first half of 2024. The Dow Jones Industrial Average added 29 points, or 0.2%, while the S&P 500 gained 0.1%. The Nasdaq Composite advanced … [Read more...]
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