Last Week's RecapThe US Market - $.SPX(.SPX)$ and $Dow Chemical(DOW)$ declinedThe benchmark index slid 0.64% last week to end a three-week winning streak, while the Dow posted a 1.8% decline and fell for seven consecutive days. However, the tech-heavy $.IXIC(.IXIC)$ secured its fourth consecutive week of gains.Two big inflation reports sealed the deal for a Fed rate cut on December FOMC, even as some results pointed to a stronger growth backdrop. The headline CPI rose 2.7% yoy and core CPI rose 3.3% yoy, both met the expectations. The overall PPI rose 3% from the year prior, above what economists had projected. And the Core PPI was also upward revised.βAlternatin
MSTR, PLTR to Join Nasdaq: Sell the News or Add More?
On Saturday, the Nasdaq 100 announced its annual index rebalancing, adding three companies: Palantir, MicroStrategy, and Axon, while removing Illumina, AMD, and Moderna. However, the two star stocks pull back yesterday. Analysts suggest that the rebalancing effect will not be too soon as there is a buffering zone. ----------------- Which of these companies do you see as a good buying opportunity right now? Sell the news or add more?
+ Follow
+6
