About: anakin

Recent Posts by anakin

Stocks Plummet as Powell Signals No Rate Cut in March

In a significant market downturn, Federal Reserve chairman Jerome Powell’s indication of no rate cut in March resulted in the Dow Jones Industrial Average’s worst performance since December. Despite this, the Federal Reserve addressed concerns by removing a tightening bias statement. Notable stock movements included Alphabet’s 7% drop due to disappointing ad revenue, while Boeing’sContinue Reading

Written on February 1, 2024 at 2:22 am
Categories: Today's Analysis

Stock Market Sees Mixed Results Amid Fed Rate Decision Anticipation

The stock market presented a mixed picture as the S&P 500 closed marginally lower and the Dow Jones hit a record high, while the Nasdaq Composite fell. This cautious trading reflects investor anticipation of the Federal Reserve’s decision on interest rates. In corporate news, General Motors and F5 celebrated stock gains post-earnings, contrasting with declinesContinue Reading

Written on January 31, 2024 at 2:51 am
Categories: Today's Analysis

S&P 500 Hits Record High Amid Tech Earnings and Fed Rate Policy Expectations, Dollar Strengthens in Diverse Global Market

The S&P 500 achieved a new record high, climbing to 4,927.93, driven by anticipation of major tech company earnings and the upcoming Federal Reserve rate policy decision. This week is pivotal with 19% of S&P 500 companies, including tech giants like Microsoft and Apple, due to report earnings. The Dow Jones and Nasdaq also sawContinue Reading

Written on January 30, 2024 at 2:39 am
Categories: Today's Analysis

Week Ahead: Focus on Fed Rate decision and Non-Farm Payroll data

Looking ahead from the final week of January, traders and investors are gearing up for a bustling week filled with significant economic events. These developments are poised to shape market dynamics, with a particular focus on inflation trends, economic growth pace, and central bank strategies. Let’s delve into the crucial data points that will impactContinue Reading

Written on January 29, 2024 at 2:01 am
Categories: Week Ahead

S&P 500 Hits New Record, Nasdaq Resilient Despite Tesla Slump

In a week marked by mixed market performance, the S&P 500 soared to a new closing record, while the Nasdaq faced challenges due to Tesla’s post-earnings decline. Positive economic indicators, including robust U.S. GDP growth and encouraging inflation data, influenced market optimism. Despite the Federal Reserve’s interest rate hikes, a healthy balance of non-inflationary growthContinue Reading

Written on January 26, 2024 at 1:06 am
Categories: Today's Analysis