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)”
Tag Archives: Stock Market
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)”
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)”
Fed, Market, & War? (E21)
Jerome Powell is set to speak on April 16th, and with the Consumer Price Index at 3.5%, it appears that rate cuts are unlikely at this time. The market is showing signs of retreat as the elections approach, and the market’s reaction will depend on the outcome. If the current president is re-elected, we canContinue reading “Fed, Market, & War? (E21)”
CPI Print/FOMC Meeting! (E20)
The upcoming CPI print release suggests that inflation may increase due to rising wages, which could lead the Fed to maintain or even raise interest rates for an extended duration. There are two potential outcomes to consider: If the CPI prints higher, rates will likely remain steady or increase, causing SPY to retrace below theContinue reading “CPI Print/FOMC Meeting! (E20)”
What a wild ride! (E19)
The current economic landscape presents an interesting mix of factors. The Federal Reserve maintaining a hawkish stance indicates a cautious approach to inflation and interest rates, which can have widespread effects on borrowing, spending, and investment. The upcoming Bitcoin halving event adds another layer of complexity, as it often impacts the supply and demand dynamicsContinue reading “What a wild ride! (E19)”
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