What a week! Spy is trading below 605 as it finds support at the 590 mark. The Fed announced a 25 bps rate cut last week and forecasted two additional cuts scheduled for next year, in contrast to the four projected cuts that had initially been anticipated. This divergence in expectations could very well haveContinue reading “Will the Santa Claus Rally Boost SPY and Bitcoin Prices? (E57)”
Tag Archives: sellers market
SPY and BTC: Market Movements and Economic Insights (E47)
SPY seems to be headed towards 600k, demonstrating a strong bullish trend, while BTC has hit 67k, marking an impressive milestone in its ongoing rally. The data is coming in with the latest CPI print showing a decrease, now edging closer to the 2.0% mark, which could indicate a potential easing of inflation pressures. ThisContinue reading “SPY and BTC: Market Movements and Economic Insights (E47)”
What’s Ahead? (E45)
Consumer inflation is trending in the right direction, and home sales have ticked higher, reaching a remarkable record high, showcasing the resilience and ongoing recovery of the housing market. The U.S. economy grew by 3% in the second quarter, indicating strong performance amid global uncertainties. Here is what you need to be on the lookoutContinue reading “What’s Ahead? (E45)”
Bounce Back (E35)
U.S. Consumer Price Index (CPI): The upcoming release of this report will provide insights into inflation trends and could influence Federal Reserve policy decisions. The U.S. Producer Price Index (PPI) offers insight into inflation from the perspective of domestic producers, impacting market expectations. These indices are closely monitored by investors and policymakers, providing crucial informationContinue reading “Bounce Back (E35)”
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)”
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)”
Fed speaks next week (E22)
The upcoming release of the latest jobless claims data, alongside the Federal Reserve’s impending decision on interest rates scheduled for May 1st, are crucial events in the current economic landscape. Additionally, there is anticipation surrounding the stock market’s potential rebound from the 495-497 support level to reach 527, as well as the remarkable surge ofContinue reading “Fed speaks next week (E22)”
Buyer’s continue to overbid! Is low housing inventory driving prices up? (E7)
Overbidding on houses is contributing to the upward surge in prices due to the basic principles of supply and demand. As demand for housing increases, particularly in competitive real estate markets, buyers are willing to pay more than the asking price in order to secure their desired properties. This excess demand puts pressure on theContinue reading “Buyer’s continue to overbid! Is low housing inventory driving prices up? (E7)”
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