To The Moon

Last Session and Key Catalysts Economic Publications and Speeches The latest trading session concluded a challenging week for the technology sector, which faced a global selloff triggered by profit-taking and mounting concerns over tighter U.S. restrictions on chip sales to China. $XLK Investors are now shifting their focus to upcoming corporate earnings and economic data releases. The first estimate of second-quarter GDP growth, due Thursday, is particularly critical as it will provide a barometer of economic strength at a time when Federal Reserve officials remain reticent about when they will start lowering interest rates. Recent Fed communications have suggested a pivot from focusing primarily on inflation to emphasizing the full-employment side of their dual mandate. Fed Chair Jero

Summary of the Last Session The latest trading session concluded a challenging week for the technology sector, which faced a global selloff triggered by profit-taking and mounting concerns over tighter U.S. restrictions on chip sales to China. This selloff erased gains across major indexes, with the $NASDAQ(.IXIC)$ ending the week down 3.7% after a 0.8% decline on Friday. The $S&P 500(.SPX)$ also closed the week down 2%, despite a 0.7% decline on Friday. In contrast, the Dow Jones Industrial Average managed to eke out a 0.7% gain for the week, highlighting a divergent path within the U.S. stock market. Index Index Market Scenario The market scenario remains complex, with investor sentiment swayin

Summary of the Last Session The U.S. stock market displayed contrasting trends, with the Dow Jones Industrial Average achieving a record high, closing with a 244-point gain (0.6%). In stark contrast, the $NASDAQ(.IXIC)$ suffered its worst day in nearly two years, declining by 2.8%. The S&P 500 followed suit, dropping by 1.4%. The selloff in the tech sector was driven by looming threats of higher tariffs on chipmaking equipment exports and concerns over potential shifts in U.S. policy towards Taiwan under a new administration. In the United States, concerns over potential increased restrictions on chip sales to China have heavily impacted the technology sector. Major chip manufacturers such as $NVIDIA Cor

Summary of the Latest Trading Session The latest trading session saw a significant surge in the $DJIA(.DJI)$ , which rose 1.8% for its best day in over a year. The S&P 500 and Nasdaq Composite also gained, adding 0.6% and 0.2% respectively. $Tesla Motors(TSLA)$ The small-cap Russell 2000 continued its impressive run, surging 3.5%. This performance was largely driven by better-than-expected earnings reports, particularly from $UnitedHealth(UNH)$ and growing optimism about potential Federal Reserve rate cuts. Key Catalysts Moving the Market 1. Federal Reserve Policy Expectations : There's increasing optimism about the Fed starting its easing cycle: - Some eco

Summary of the Latest Trading Session The trading session saw U.S. equity indexes rally, with the $DJIA(.DJI)$ reaching an all-time high, closing up 0.5%. This marked its 20th record close of 2024 and its first since May 17. The S&P 500 and Nasdaq Composite also performed well, adding 0.3% and 0.4% respectively, both reaching their second-highest closing values in history $Tesla Motors(TSLA)$ . Small-cap stocks, represented by the Russell 2000, were the standout performers, surging 1.8% and continuing a strong run that has seen it rise nearly 8% in the past four trading days. $Trump Media & Technology(DJT)$ Key Catalysts Moving the Market 1. Bank Earnin

Summary of the Latest Trading Session The latest trading session saw mixed results in the financial sector, particularly among major banks, as the second-quarter earnings season kicked off. Despite this, the broader market indices ended the day on a positive note. The $S&P 500(.SPX)$ , Nasdaq Composite, and Dow Jones Industrial Average all closed approximately 0.6% higher. For the week, the Dow Jones Industrial Average outperformed with a 1.6% gain, while the S&P 500 and $NASDAQ(.IXIC)$ rose by 0.9% and 0.2%, respectively. $NVIDIA Corp(NVDA)$ $Apple(AAPL)$ US Index Key Catalysts Moving

Inflation Data and Federal Reserve Outlook June CPI Report: US inflation cooled significantly in June, rising just 3.0% year-over-year, below economists' forecast of 3.1%. Month-over-month, prices fell for the first time since May 2020. June CPI 3% CPI Treasury Yields Reaction:The data led to a decline in Treasury yields, as investors renewed confidence that the Federal Reserve might cut interest rates at least twice this year. Chicago Fed President Austan Goolsbee termed the CPI data as "excellent," indicating confidence that the Fed is on a path to achieve its 2% inflation target. Global Central Bank Actions European Central Bank (ECB): Measured Approach:** A Bloomberg survey indicates that the ECB will take a cautious approach to lowering rates amidst political risks that could affec

Recent Market Activity and Federal Reserve Insights Federal Reserve Chair Jerome Powell has emphasized that while inflation appears to be receding, he isn't yet confident that price gains are sustainably slowing to the Fed's 2% target. This cautious stance has resulted in no strong signals on the timing of rate cuts, though markets continue to speculate on potential reductions later in the year. Despite this caution, US stocks have continued their upward trajectory. Both the $S&P 500(.SPX)$ and Nasdaq 100 achieved gains exceeding 1% yesterday, setting new record highs. The S&P 500 closed above the 5,600 mark for the first time, and the Nasdaq Composite also hit a record. This robust performance was driven by major tech stocks like

Recap of Recent Market Events The $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ continued their record-setting trends. The S&P 500 rose by 0.1%, closing at its 35th record for the year, while the Nasdaq increased by 0.3%, achieving its 25th record close of 2024. Trading volume, however, remained well below average due to the vacation season. The $DJIA(.DJI)$ did not share the same fortune, dropping by 31 points, or 0.1%, and is nearly 1.7% below its May 17 peak. Notably, only half of the 30 stocks in the blue-chip index rose on the day. Market Scenario The market scenario remains cautiously optimistic but fraught with potential risks. The S&P 500 and Nasdaq’s

Recap of Recent Market Events Asian markets traded broadly higher, mirroring the positive session on Wall Street as investors anticipated Federal Reserve Chairman Jerome Powell’s upcoming testimony to Congress. Japan’s Nikkei reached another intraday record high, building on the momentum set by the $S&P 500(.SPX)$ , which achieved its 35th record high of the year on Monday. The S&P 500 and Nasdaq Composite continued their record-setting trends, each marking new highs for five consecutive trading days. The S&P 500 rose by 0.1%, closing at its 35th record for the year, while the Nasdaq increased by 0.3%, achieving its 25th record close of 2024. $NVIDIA Corp(NVDA)$