Market Outlook of S&P500 - 16Dec24 Observations: The MACD indicator is showing a downtrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term. The 3 Exponential Moving Averages (EMA) lines are on an uptrend but are looking to converge (implying a potential change in trend). Chaikin’s Monetary flow (CMF) shows an uptrend. However, there seems to be more selling momentum than buying. This can lead to a potential trend change. The 20 indicators are pointing to a “Strong Buy” rating for the S&P500 (for Daily interval). 16 indicators recommend a “Buy” and 4 recommend a “Sell” rating. From the candlestick pattern, the latest seems to point

$SoFi Technologies Inc.(SOFI)$  On the basis of this mass outflow will you buy or sell the stock?

$SOFI 20240913 7.5 PUT$  Like a witch's finger scratching the chalkboard ☕️🏦😜

Earnings Calendar (15Jul24) Q3/2024 starts and a few earnings are coming in the coming week. There are a few earnings of interest: Goldman Sachs, BlackRock, Bank of America, ASML, United, TSMC, Nokia, Netflix, Intuitive Surgical and American Express. Let us look at BlackRock in detail. Observations: Revenue grew from $11.08B (2014) to $17.8B (2023) Operating Profit grew from $4.52B (2014) to $6.33B (2023) EPS grew from $19.17 (2014) to $36.51 (2023). The year with the best EPS is $38.22 (2021). Dividend per share grew from $7.72 (2014) to $20.00 (2023). Here is some recent news about BlackRock, listing their recent acquisition. At the same time, BlackRock is also in the Bitcoin sector, which has great potential. For the coming earnings, the forecast is $10.04 and $4.85B for EPS and Revenue

The robust surge in the U.S. economy may halt expectations of a rate cut!The U.S. Gross Domestic Product (GDP) grew at an annualized rate of 3.3% in the fourth quarter, and the core inflation rate, upon which the Federal Reserve relies most, is currently at 2.9%, the lowest level since March 2021. As of now, the probability of a rate cut in March is approximately 50%, according to the interest rate market.CNBC Daily Open: Fed rate cut path in sharp focusDavid Wilcox, an economist at Bloomberg Economics, remarked, "If I were in his shoes, I'd try to dodge the press conference and keep things basically undisturbed. The likelihood of a rate cut in March is 50%... seems good to me. Any action by the Fed depends on specific data.Matthew Luzzetti, Chief U.S. Economist at Deutsche Bank, indicated

Although the start of 2024 US stock market is not optimistic, the situation seems to have changed last week. The $DJIA(.DJI)$ has currently risen by 0.46%, the $S&P 500(.SPX)$ has risen by 1.47%, and the $NASDAQ(.IXIC)$ has risen by 2.00%.Obviously, the profits accumulated last year have objectively led to a demand for stopping the appreciation, and the selling of profits at the beginning of the year seems to have come to an end, and a new rise is beginning.There is a good chance that the U.S. stock market will continue to surge in 2024, and here are five reasons to support it.Disclaimer: Investment decisions carry risks. Consult with a financial advisor bef

The recent stock market sell-off in early January has made some investors nervous about whether the bull market can continue in 2024.The following content credit to LEL Investment LLCSummaryRecent stock market sell-off driven by short-term overbought conditions, Fed rate uncertainty, and year-end selling pressure. $Invesco QQQ Trust-ETF(QQQ)$ fundamentals remain strong with improved financials and ROE above threshold, while $SPDR S&P 500 ETF Trust(SPY)$ fundamentals slightly deteriorated but still above threshold.Red Sea crisis and systemic risks should be monitored, but overall, the US economy remains competitive and stable for long-term investment in broad market ETFs.It's clear to us that the recent

What is your household's dollar asset allocation ratio?Aside from individual stock investments, do you also invest in insurance, U.S. debt, or hedge fund products?If you had $1 million, would you prefer investing in Warren Buffett's approach, the ARKK Fund, or have other investment preferences?The New York Stock Exchange building is seen from Wall Street in Lower Manhattan in New YorkBelow are the Top 20 overseas hedge funds making money in 2023: TCI ranks first, followed by CitadelAccording to the hedge fund ranking data released by LCH Investments, the FOF agency of the Rothschild family, the hedge fund industry will bring a total of nearly US$218 billion in net income to investors in 2023, of which the top 20 companies contributed US$67 billion.That is to say, the asset management scale

Earnings Growth, Fed Rate Cuts? What's in Store for U.S. Stocks in 2024?  Inflation, interest rates and recession fears drove the U.S. stock market in 2023, sending equity prices on a roller coaster ride. But after all the worries that the fastest pace of U.S. interest rate hikes in four decades would break the economy, two things continue to amaze: the strength of the consumers and the resilience of Corporate America. The S&P 500 gained 24.58% for 2023 as a whole through Dec.28, led by gains in $NVIDIA Corp(NVDA)$  , $Meta Platforms, Inc.(META)$  , and etc. If analysts' estimates for 2024 hold true, things could get even bet

We have just seen Gold prices rise to all time highs, and continue to make ATH over the past few days. Very exciting to see gold breakout above US$2150 and hoping that this can be well sustained by the significant increase in demand from central banks since 2022. Presumably the key underpinning to the demand is that the position of gold in foreign exchange reserves has always been relatively small but perhaps more importantly it is a perceived need to have greater diversification away from USD in for exchange reserves. In any case when central bankers buy they are probably the least price sensitive kind of customer. Whilst Geo political tensions is a driver but realistically there is nothing new in this aspect. In the days and months ahead I expect the price of gold to continue climbi