CPI (E33)

The CPI print is scheduled to be released on Thursday, July 11th. SPY hits an all-time high hovering above 554, reflecting the bullish sentiment in the market. Investors are eagerly watching to see if this surge will lead to even newer highs or if there will be a retracement back down to the 545 level.Continue reading “CPI (E33)”

September Bet (E32)

Key data points will be released this week, providing crucial insights into the current state of the economy. Among the key indicators to watch are jobless claims, job openings, and the unemployment rate. Additionally, market participants will be closely monitoring the remarks of Fed Chair Powell, scheduled for Tuesday, July 02. The Federal Open MarketContinue reading “September Bet (E32)”

What to expect? (E31)

The upcoming week holds significant importance for the Federal Reserve, as it provides crucial data that will help them decide whether a rate cut will be implemented before the year concludes. It is recommended to keep a close eye on key indicators such as Consumer Confidence, New Home Sales, GDP trends, and core PCE metrics.Continue reading “What to expect? (E31)”

Rate Cut? (E30)

The Federal Reserve’s announcement last week concerning the decision to maintain current rates and the 2% target for inflation has sparked widespread debate. Many are speculating about the possibility of a rate cut later in the year, leading to various discussions about its potential impacts. Some are questioning whether the stock market has already factoredContinue reading “Rate Cut? (E30)”

Look Ahead (E29)

Wow! The S&P500 hit new record highs this week, raising speculations regarding a potential drop to the 5225 level or a surge beyond 5350. The market is abuzz with anticipation as important events unfold, such as the imminent release of CPI data and the Federal Reserve’s upcoming rate decision. Meanwhile, the real estate sector grapplesContinue reading “Look Ahead (E29)”

Follow the Data (E27)

This week we have important data coming in on homes selling at a faster rate for the month of April, with new home sales falling by 4.7% from March to April. The decrease in new home sales has raised concerns among analysts, who are closely monitoring this trend. Additionally, initial jobless claims declined by 8,000,Continue reading “Follow the Data (E27)”

Stocks, Housing, & Crypto (E26)

The stock market has reached new highs, with the S&P exceeding 530. Despite high interest rates, the housing market shows no signs of slowing down nor being affected. Crypto continues to fluctuate between 60k-70k. Concerns arise regarding the national debt and the potential for the Fed to lower rates to facilitate refinancing. This week, theContinue reading “Stocks, Housing, & Crypto (E26)”

Stock, CPI, Crypto, & Housing… (E25)

So many exciting developments unfolded today! GME, or GameStop, experienced a significant surge, likely influenced by a tweet from Roaring Kitty, which sparked renewed interest in the stock. It’s important to remember the inherent risks associated with investing in volatile stocks like GME, and to only invest money that you can afford to lose. Additionally,Continue reading “Stock, CPI, Crypto, & Housing… (E25)”

Down with the Rate Hike Chatter (E24)

The Federal Reserve recently put an end to discussions about raising interest rates. This decision comes as job reports reveal a softening trend, with job openings hitting a 3-year low. Despite persistent unemployment trends, home prices continue to rise. The current Fed Funds rate remains steady, holding at a range of 5.25% to 5.5%. AccordingContinue reading “Down with the Rate Hike Chatter (E24)”

Let’s get ready to rumble! Fed’s rate decision…(E23)

The anticipation of market movements can indeed be quite intense given the current climate of uncertainty. The latest data from the Feds indicating a rise in inflation has certainly sparked discussions and speculations about potential rate hikes to address the situation. The possibility of seeing another rate hike is being heavily debated, with doubts lingeringContinue reading “Let’s get ready to rumble! Fed’s rate decision…(E23)”