Will Market Hit 5000 in February?

February ranks as the second worst month of the year, with an average decline of 0.21%, following September chief investment strategist at CFRA said. The S&P has climbed again in Wednesday trading and hit 4999. --------------------- Will broader market retreat as expected in February? Will S&P 500 hit 5000 this week?

avatarKYHBKO
02-17

My investing muse - layoffs, recession and AI (19 Feb 2024)

My investing muse - layoffs, recession and AI Layoffs continue into the last week. Nike on Thursday said it will cut about 2% of its total workforce, or more than 1,600 jobs, as the sportswear giant looks to cut costs after flagging weaker profits this year. - CNBC Israeli fintech company Riskified is laying off over 40 of its 750 employees, accounting for about 6% of its total workforce. - Calcalistech Paramount Global announced Tuesday it is laying off about 800 employees, or roughly 3% of its workforce.Paramount Global, which owns CBS, said Monday that the network set record highs for Super Bowl viewership. - CNBC Silicon Valley tech giant Cisco is getting ready to lay off thousands of employees in its latest reorganization effort to focus on high-growth areas, Reuters reports. C
My investing muse - layoffs, recession and AI (19 Feb 2024)
avatarKYHBKO
02-17

Market outlook for the week starting 19 Feb 2024 - can S&P500 hit new heights?

Market Outlook - 19 Feb 2024 Technical observations of the S&P500 1D chart: The Stochastic indicator is on an uptrend. The MACD indicator is showing a downtrend having completed another top crossover. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long-term and mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are moving in a fanned-out pattern, thus implying an uptrend. From the 1D technical indicators above, there are a total of 22 (Buy), 1 (Sell) and 0 (Neutral). Investing recommends the “STRONG BUY” recommendation based on the technical indicators above (1D chart for S&P500). From the data above, the market should see an up
Market outlook for the week starting 19 Feb 2024 - can S&P500 hit new heights?
avatarKYHBKO
02-17

Economic Calendar for the week starting 19Feb2024 - FOMC meeting minutes this week

Public Holidays United States will be closed on 19 Feb 2024 (Monday) for Washington’s birthday. No holidays for Singapore, China and Hong Kong as they return from the Chinese New Year festivities. Economic Calendar (19 Feb 2024) Notable Highlights FOMC meeting minutes. This is a closely watched announcement as the FOMC will shed more insights on the coming interest rate cuts. S&P Global US Manufacturing PMI. This data presents the outlook of Global US manufacturing. A figure above 50 represents expansion or growth. S&P Global US Manufacturing PMI. This data reviews the growth or contraction of Global services provided by US businesses. Initial Jobless Claims - This reflects the impact of unemployment, a data point for the Fed’s interest rate decision. The une
Economic Calendar for the week starting 19Feb2024 - FOMC meeting minutes this week
avatarKYHBKO
02-17

Preview of the week starting 19 Feb 2024 - Can Nvidia lead the S&P500 charge?

Public Holidays United States will be closed on 19 Feb 2024 (Monday) for Washington’s birthday. No holidays for Singapore, China and Hong Kong as they return from the Chinese New Year festivities. Economic Calendar (19 Feb 2024) Notable Highlights FOMC meeting minutes. This is a closely watched announcement as the FOMC will shed more insights on the coming interest rate cuts. S&P Global US Manufacturing PMI. This data presents the outlook of Global US manufacturing. A figure above 50 represents expansion or growth. S&P Global US Manufacturing PMI. This data reviews the growth or contraction of Global services provided by US businesses. Initial Jobless Claims - This reflects the impact of unemployment, a data point for the Fed’s interest rate decision. The unemployment rate will
Preview of the week starting 19 Feb 2024 - Can Nvidia lead the S&P500 charge?

Chart: S&P 500 Could Fall 11% on Inflation Scare

1st Rally: The S&P 500 rallied 20.16% from October 2022 to February 2023, and subsequently retraced to the 50% Fibonacci level. 2nd Rally: The S&P 500 rallied 20.96% from March 2022 to July 2023, and subsequently retraced to the 61.8% Fibonacci level. 3rd Rally: We may have seen the peak of the 3rd rally when the S&P 500 rallied 23% from October 2023 to February 2024. If history repeats itself, we may see the S&P 500 retracing to the 50% or 61.8% Fibonacci level, at 4,576 or 4,464 respectively.   There may be a short-term correction of up to 11% based on technical analysis. Fundamentally, renewed concerns about inflation and delays in rate cuts may have put an end to the market rally. Additionally, the S&P 500 tends to experience a sell-off in February to March bas
Chart: S&P 500 Could Fall 11% on Inflation Scare

any

any

Weekly: S&P 500 @ 5K, Yields Rise, Bitcoin Rally, Price Check Ahead

Last Week's RecapThe US Market - The $S&P 500(.SPX)$ @ 5KThe $S&P 500(.SPX)$ ’s more than 1% gain for the week pushed the index above the 5,000-point threshold for the first time and marked its 14th positive result out of the past 15 weeks. The $NASDAQ(.IXIC)$ added more than 2%  while the $DJIA(.DJI)$ posted a fractional gain. Strong earnings results from selected technology companies fueled another week of equity market.The U.S. small-cap stocks $iShares Russell 2000 ETF(IWM)$ posted a 2.5% gain for the week, but that positive result came on the heels of a sh
Weekly: S&P 500 @ 5K, Yields Rise, Bitcoin Rally, Price Check Ahead
no as february rank is one of the worst 
Yes will move more than that
avatarKYHBKO
02-11

Market outlook of S&P500 (12Feb2024) - can the rally stretch beyond 5000?

Market Outlook - 12 Feb 2024 Technical observations of the S&P500 1D chart: The Stochastic indicator is on an uptrend. The MACD indicator is showing an uptrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long-term and mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are moving in a fanned-out pattern, thus implying an uptrend. From the 1D technical indicators above, there are a total of 20 (Buy), 0 (Sell) and 0 (Neutral). Investing recommends the “STRONG BUY” recommendation based on the technical indicators above (1D chart for S&P500). From the data above, the market should have an uptrend in the coming days. Let us keep an
Market outlook of S&P500 (12Feb2024) - can the rally stretch beyond 5000?
avatarKYHBKO
02-11

Economic Calendar for week starting 12 Feb 2024 - Happy Chinese New Year!

Public Holidays There are no public holidays in the USA for the coming week. Hong Kong will be closed for the Chinese Lunar New Year (CNY) from 10 to 13 Feb 2024. China will be closed for the Chinese Lunar New Year (CNY) from 9 to 15 Feb 2024. Singapore will be closed for the Chinese Lunar New Year (CNY) from 10 to 12 Feb 2024. Here is wishing all a blessed Chinese New Year. Economic Calendar (12 Feb 2024) Notable Highlights The Chinese-speaking world should be closed as they celebrate the Chinese Lunar New Year. Celebrations start on 09 Feb 2024 for Chinese-speaking nations like China, Hong Kong & Singapore. CPI. This should be the most watched macro data for the coming week. This is likely to move the market though the Core CPI is likely to be the same as the previous month. Thou
Economic Calendar for week starting 12 Feb 2024 - Happy Chinese New Year!
avatarKYHBKO
02-11

Preview of the week starting 12 Feb 2024 - Can Coinbase ride the BTC ETFs wave?

Public Holidays There are no public holidays in the USA for the coming week. Hong Kong will be closed for the Chinese Lunar New Year (CNY) from 10 to 13 Feb 2024. China will be closed for the Chinese Lunar New Year (CNY) from 9 to 15 Feb 2024. Singapore will be closed for the Chinese Lunar New Year (CNY) from 10 to 12 Feb 2024. Here is wishing all a blessed Chinese New Year. Economic Calendar (12 Feb 2024) Notable Highlights The Chinese-speaking world should be closed as they celebrate the Chinese Lunar New Year. Celebrations start on 09 Feb 2024 for Chinese-speaking nations like China, Hong Kong & Singapore. CPI. This should be the most watched macro data for the coming week. This is likely to move the market though the Core CPI is likely to be the same as the previous month. Thou
Preview of the week starting 12 Feb 2024 - Can Coinbase ride the BTC ETFs wave?
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avatarGman69
02-10
Le f s hope so everyone happy then
avatarmerbz
02-10
$S&P 500(.SPX)$  Yes already has 
avatarkapi
02-10

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