What's Your Target for S&P 500 in This Rebound?

After an 8.2% YOY CPI report, S&P 500 posted its widest trading range since March 2020, climbing 2.60% and breaking a six-day losing streak. Will the rally continue? What's your target for S&P 500 in this rebound?

User Discussion

Previously on Nov FOMC Meeting, All eyes on December!

FOMC November meeting will take place on Nov 2. Market is on high consensus of 75bps+.We believe the market is fully price-in the November results, but there's still room for possible easing on December meeting.The Fed's decision on interest rates is based on the latest data, but most of them are delayed. CPI in September still beat market consensus, the market is still aggressive on pricing higher interest rate.The good news is some data shows good sign, like non-farm payralls, September GDP and the inflation forecast of the University of Michigan in October. This also gives the market another reason to ease, and for
Previously on Nov FOMC Meeting, All eyes on December!
avatarDaveforceone
2022-10-31
Daily market update  Stock futures were flat on Sunday evening ahead of the final day of October, with the Dow Jones Industrial Average poised to clinch its best month in decades. Dow futures ticked down 15 points, or less than 0.1%. Those for the S&P 500 was also marginally lower, while Nasdaq 100 futures dipped 0.1%. The Dow is up 14.4% in October, which would be its best month since 1976. The S&P 500 and Nasdaq Composite are also up for the month, putting Wall Street on track to snap a two-month losing streak. The gains have come despite a mixed third-quarter earnings season from major companies, which has shown slowing growth and a few major disappointments from large tech companies. Earnings season continues this week, with Uber, Pfizer and Advanced Micro Devices among th
avatarAerogarde
2022-10-30
I would like to know too
avatarJoe Lamborgh
2022-10-30

Bullish

Bottomline: TSLA Stock is for the Long Term Tesla has been on quite the ride these past few years, with strong results and demand that’s only getting higher. Despite some mixed third-quarter financials, investors should stay committed to this company as it continues its success story. The company’s stock is surprisingly undervalued, and although the macro picture may present some short-term headwinds, it presents itself as a great long-term investment
Bullish
avatarJoe Lamborgh
2022-10-30

TESLA

they know what is what.....but they don't know what is what.....they're just strike......let be sink it
TESLA
avatarDaveforceone
2022-10-30
MARKET next week  year-end period and missed estimates for cloud revenue. Things were also bleak at Amazon, which dropped 13%. A gloomy fourth-quarter forecast along with a dramatic slowdown in its cloud-computing unit were largely to blame for the sell-off.
avatarBlackrosez
2022-10-30
What is the way? 
avatarMetaphortronix
2022-10-29

Stocks to rise and fall

What to buy and what not to buy at this time of uncertainty? Choose picks wisely with 30% or more drop.
Stocks to rise and fall
avatarYonhuat
2022-10-29
$Microsoft(MSFT)$Big tech RIP sans apple. hold the market well, with all otherfactors pushing up other shares who were oversold . personally I think the sell off from Microsoft earnings are over reacted, partially because many holders are thinking apple could miss earnings target as well and cause a meltdown. No one can predict the market they say. $Apple(AAPL)$met its earnings target. AH price movement shows price fight from the bears and bulls, figuring the earnings beat and the iphone sales outlook coupled with good mac sales. if you sat through earnings call, nothing really bad was said throughout, which is good. Tim mitigated questions well but notrevealing much, that
avatarDaveforceone
2022-10-29
Daily market update  Stocks rose on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and a steady consumer. The Dow Jones Industrial Average closed 828.52 points, or about 2.6%, higher at 32,861.80. The S&P 500 added nearly 2.5%, to close at 3,901.06. The Nasdaq Composite ended up about 2.9%, to close at 11,102.45. On a weekly basis, the major indexes made notable gains. It was the fourth positive week in a row for the Dow, a first since a five-week streak ending in November 2021. The 30-stock index is up 5.7% this week in its best performance since May. It’s also on track for its best month since January 1976. The S&P 500 and the Nasdaq are up 3.9% and 2.2%, respectively, for the week.
avatarLNM888
2022-10-28
I no such luck
avataruuro
2022-10-28
avatarOhohoo
2022-10-28
Ok
avatarLailai92
2022-10-28
Hi

What does AMAZON's Q3 Plunge mean?

Due to weak Q3 earning and poor Q4 guidance, US stock market third largest company , $Amazon.com(AMZN)$ has plunged more than 20% in post trading of October 27th, which was quite similar to META,  and ended up with 10%.This means the fourth big-tech down.Q3's performance is mixed. Revenue was US $127.1 billion, a year-on-year increase of 14.7%, slightly lower than the expected US $127.6 billion; Among them, physical store revenue was 4.69 billion US dollars, a year-on-year increase of 10%, slightly higher than the expected 4.67 billion US dollars; The revenue of the thr
What does AMAZON's Q3 Plunge mean?
avatarDaveforceone
2022-10-28
Daily market update  Nasdaq 100 futures were lower Thursday night after disappointing Amazon earnings added to the already pressured index. Futures tied to the Nasdaq dropped 0.7%. Dow Jones Industrial Average futures fell 0.5%, and S&P 500 futures lost 0.1%. Amazon led the declines in extended trading, having plunged after the company posted weaker-than-expected quarterly revenue and issued disappointing fourth-quarter sales guidance. Apple shares were initially lower too after the company reported weaker-than-anticipated iPhone revenue, but they have since reversed higher. The company still beat Wall Street estimates for quarterly earnings and revenue. Tech names were a dark cloud over the market in regular trading, too. Earlier in the day, the Nasdaq Composite lost 1.6%, due to
avatarDaveforceone
2022-10-27
Daily market update  Big technology earnings continue Thursday with results from Amazon and Apple. Earnings from Intel, McDonald’s, Merck and Caterpillar are also on deck. Along with earnings, investors have their sights on an advanced reading of third-quarter gross domestic product expected to offer further clues into the state of the U.S. economy. Weekly initial jobless claims and September durable goods are also slated for Thursday.

BUYBACKS ARE BACK! Stocks Could Get a Lift in the Q4?

Do you think this is a Bullish Signal for Q4 2022?Corporations are already on pace to repurchase $1.1 trillion of U.S. stock this year, which will go down as the most ever in the history of the stock market. John Flood, a trader at Goldman Sachs, said in a note, “Last week was a VERY active week on our buyback desk despite still being in blackout period,” Companies are trying to take advantage of lower valuations amid 2022′s sell-off.Publicly traded companies have a policy that restricts trading in their own shares beginning two weeks prior to the quarter end, through 48 hours after earnings are publicly released. Most of the current buybacks are executed through Rule 10b5-1, which allows companies to set up a predetermined plan to buy back stoc
BUYBACKS ARE BACK! Stocks Could Get a Lift in the Q4?
avatarTechnicalHunter
2022-10-26

GOOG, MSFT May Drag $SPX fail to Break 3870 Points! Short-term Rebound Gone?

Earnings reports of major U.S. listed companies continue to be released intensively. As of Tuesday, nearly 100 S&P 500 companies had reported earnings, more than half of which had beaten expectations, for like $Coca-Cola(KO)$ ,$General Motors(GM)$,$United Parcel Service Inc(UPS)$ , $Visa(V)$, $Halliburton(HAL)$ , $Biogen(BIIB)$ , $Yalla Group(YALA)$ , etc. And
GOOG, MSFT May Drag $SPX fail to Break 3870 Points! Short-term Rebound Gone?
avatarDaveforceone
2022-10-26
Daily market update  U.S. stock futures fell on Tuesday night after disappointing third-quarter results from Alphabet marked a foreboding start to Big Tech earnings this week. Dow Jones Industrial Average futures fell by 75 points, or 0.24%. S&P 500 and Nasdaq 100 futures declined 0.96% and 2.04%, respectively. Shares of Google-parent Alphabet dropped more than 6% in extended trading. The online search giant missed expectations on the top and bottom lines. Alphabet also reported a decline in YouTube ad revenue, which spurred investors to deliberate the outlook for other tech companies that rely on ad spending. “I think we have to take a big picture perspective and recognize that no one’s really immune in this market, there is a slowdown in digital ad spend,” Sand Hill Global Advis