Interest Rates, Inflation, and What Else Could Come Up in Powell's Speech
Federal Reserve Chair Jerome Powell takes the stage again on Friday. His remarks will be worth watching to see if he strikes a dovish tone like he did at last week’s monetary policy meeting or takes a more hawkish stance.
The discussion, which takes place shortly after the release of the Fed’s preferred inflation gauge Friday morning,
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Read MoreS&P 500 record run may continue (gains will be harder to come by)
U.S. stocks are on pace for one of their best six-month runs in more than a decade, powered in part by surging megacap tech stocks and an alignment of investors’ interest rate cut forecasts with the Federal Reserve’s prognosis.
And while Wall Street sees further gains over the coming months, fueled by solid corporate earnings and a better-than-expected economy,
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Read MoreArkansas cryptocurrency mining law to face possible changes in 2025 regarding foreign ownership
Stock Market Today: Wall Street Rises to More Records to Close Out Its Latest Winning Month
NEW YORK — Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter.
Record-Breaking Performance
The S&P 500 added 5.86 points, or 0.1%, to its all-time high set a day before and closed at 5,254.35. That sent its gain for the year’s first three months to a fat 10.2%.
Read MoreBest inverse and short ETFs — here’s what to know before buying them
Inverse exchange-traded funds (ETFs) are often used by contrarian traders looking to profit from the decline in value of an asset class, such as stocks or bonds.
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Read MoreThe Burst
Crazy Great Depression Stat Scares Investors
Some things only look crazy in hindsight. Did anyone in 1929 know they were on the cusp of The Great Depression? A tiny minority, at best. The rest, well, they all piled into stocks, and a just few of them too.
Fast forward almost a century and investors appear to be committing the same financial crime,
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Read MoreThe Ivy
Why Gold Is Soaring
The problem with thinking is the risk of overthinking. At least that’s the case when it comes to gold. A few weeks ago when gold broke out, some traders were paralyzed by analytical disbelief. How could gold break out now?
Traditional analysis says quantitative easing and increased money supply should lead to higher gold prices.
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Read MoreThe Spotlight
Time To Buy This Magnificent 7 Stock?
Usually investing is about spotting a stock that is underpriced relative to fair value. Trading is about finding a stock that meets some chart criterion. Maybe it’s a breakout, a cup-and-handle, a doji, or some buy signal or other. Whatever the approach, the focus is on a single position.
But sometimes, comparative analysis highlights opportunities that otherwise might fall under the radar.