About: anakin

Recent Posts by anakin

Stocks Modestly Rise as Earnings Season Nears End with Positive July Performance

Stocks on Wall Street experienced a modest rise on Monday, kickstarting a busy earnings week and concluding a winning month. The Dow Jones Industrial Average climbed 0.28% to close at 35,559.53, while the S&P 500 and Nasdaq Composite registered slight gains of 0.15% and 0.21%, respectively. July’s positive performance was notable, with the S&P 500Continue Reading

Written on August 1, 2023 at 1:51 am
Categories: Today's Analysis

Week Ahead: Markets to Focus on US Jobs Reports, RBA Rate Statement, and BOE Rate Statement

This week’s economic calendar features key events that will have a considerable impact on the markets. Major events include the US jobs reports, the Reserve Bank of Australia (RBA) rate statement, and the Bank of England (BOE) rate statement. Traders are advised to carefully prepare for potential market volatility triggered by these announcements and adaptContinue Reading

Written on July 31, 2023 at 2:59 am
Categories: Week Ahead

Dow Jones Ends Historic Winning Streak Amid Economic Data and Rate Hike Uncertainty

The Dow Jones Industrial Average’s extraordinary winning streak of 13 consecutive gains came to a halt as investors opted to take profits, leading to a 0.67% decline, with the index closing at 35,282.72 points. The historic run, dating back to 1897, would have tied the record if it had gained for a 14th day. TheContinue Reading

Written on July 28, 2023 at 2:56 am
Categories: Today's Analysis

Dow Jones Extends Historic Winning Streak Amid Federal Reserve Rate Hike and Earnings Reports

In a remarkable show of strength, the Dow Jones Industrial Average experienced its best winning streak since 1987, advancing for 13 consecutive days. The 30-stock index added 82.05 points, or 0.23%, reaching 35,520.12, and is now on the cusp of matching the longest streak ever recorded dating back to June 1897. The market’s optimism wasContinue Reading

Written on July 27, 2023 at 2:45 am
Categories: Today's Analysis

Dow Jones Extends Winning Streak Amid Earnings Reports and Fed Speculations

The Dow Jones Industrial Average achieved its longest winning streak in over six years as it closed higher on Tuesday. The index rose by 0.08%, or 26.83 points, reaching 35,438.07. This marked the 12th consecutive positive session for the 30-stock index, the longest rally since February 2017. Meanwhile, the S&P 500 climbed 0.28%, and theContinue Reading

Written on July 26, 2023 at 1:30 am
Categories: Today's Analysis