๐Q124 Recap & Q224 Outlook: Key Factors & Promising Industries
Hello Tigers ๐ฏ,
As Q124 roars into the history books with a triumphant note for the US stock market $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$ , all eyes are on whether Q224 to continue the strength and resilience momentum going ๐๐.
Here's a snapshot of the past quarter's triumphs and a sneak peek into what Q2 might have in store for us. Let's dive right in! Happy reading and investing! ๐๐ผ
๐Check the Q124 Recap for Global Assets and US. Equity Winners ๐
2024 Q1 Recap of 11 S&P 500 Sectors' Performance: Energy & IT Are Winners
Q1 2024 Recap: Global Stock Markets and Bitcoin Boom with Impressive Gains
Q1 2024 Recap | Who Are the Winners Among the Top 10 US Companies?
$Microsoft(MSFT)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$ $Alphabet(GOOGL)$ $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ $Berkshire Hathaway(BRK.B)$ $Eli Lilly(LLY)$ $Broadcom(AVGO)$ $JPMorgan Chase(JPM)$
๐ฅOne Chart Tell You What Happened During Q1 2024?๐ฅ
S&P 500 Q1 2024 timeline
๐ต๏ธโโ๏ธWhat's the Outlook for Q2 2024 from Institutions?๐ต๏ธโโ๏ธ
Based on the insights from BlackRock, Morningstar, Reuters, S&P Global Ratings, Rathbones, BrightTALK, and DailyFX, we've got a pretty good picture of what's ahead for the US stock market in Q2. Let's break it down in a way that's easy to digest.
๐ The Big Picture:
๐ชEconomic Growth Vibes:
BlackRock and S&P Global Ratings are both on the same page, expecting the US economy to keep on trucking in 2024. BlackRock is a bit more bullish with a 2.5% growth forecast, while S&P Ratings is a tad more conservative at 1.8%.
Morningstar and DailyFX also chimed in about economic growth, but they're more focused on how it'll juice up the stock market.
๐ฑ Hot Industry Opportunities:
BlackRock and Morningstar are eyeing green energy and AI tech as the stars of the show, thinking these sectors are set to win big from long-term trends.
DailyFX is all about how AI is firing up the stock market, especially for chipmakers.
๐ก Risks to Watch Out For:
BlackRock and Rathbones are flagging politics as a potential wild card, especially with the elections around the corner.
Morningstar and DailyFX are keeping an eye on interest rates and inflation, along with how consumer confidence and spending habits are shifting.
๐ The Fine Print:
๐ฐMarket Trends and Key Levels:
BlackRock is playing it cool, not calling out specific numbers but focusing on how the market performs in election years and how company profits shape up.
Morningstar is all about value stocks and small caps, saying they're the most undervalued and recommending to load up on 'em while dialing back on growth stocks.
Reuters is like, "Hey, the stock market killed it in Q1," but they're staying mum on Q2 specifics.
๐๏ธ Key Macro Factors:
S&P Global Ratings is all about the labor market and expects economic growth to take it a bit easy.
Rathbones is like, "Yeah, recession chances are looking slimmer, but we've still got some worries like job market tweaks and inflation uncertainty."
โ ๏ธRisk Focus:
BlackRock is wary of the unknowns that the elections could bring, especially for companies tied to green initiatives.
Morningstar is feeling the positive vibes from falling interest rates, especially for value stocks and small caps.
DailyFX is more into how the AI craze is boosting the stock market and how the Fed's rate decisions will play into things.
๐Q224's Ones to Watch:๐
๐ปTech Scene:
BlackRock and Rathbones are both fans of the tech scene, eyeing companies in cloud computing, AI, IoT, and such.
Morningstar's also got its eye on emerging tech fields like blockchain, VR, biotech, and more.
๐ Green Energy:
Both BlackRock and Rathbones are rooting for green energy to keep charging ahead in Q2, with a focus on renewable energy and clean tech companies.
๐ต๏ธโโ๏ธ Offbeat Investment Opportunities:
Morningstar's on the hunt for those "under-the-radar" picks that might be flying under the market's radar right now.
๐Global and Geopolitical Clues:
S&P Global Ratings is keeping tabs on the global economy, with an eye on fast-growing emerging markets that could serve up some investment goodies.
They're also clued in on how geopolitical turbulence could shake things up, so investors might want to scope out industries or companies that are tied to these risks.
๐As Q2 looms, it's time for investors to stay sharp and keep an eye on the big picture and the details.
๐คFinal Questions for you๐
What are your thoughts on the upcoming quarter?
Any strategies or insights you'd like to share?
Let's hear it! ๐ฃ๏ธ๐
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
@rL @GoodLife99 @LMSunshine @HelenJanet @Shyon @Aqa @koolgal @DiAngel @Universeๅฎๅฎ
What are your thoughts on the upcoming quarter?
Any strategies or insights you'd like to share?