Adam Turnquist

Despite the economic downturn in China, former IMF Chief Economist Kenneth Rogoff believes the country's push to undermine the U.S. dollar's global dominance remains firmly on track. What Happened: On Wednesday, Rogoff replied “absolutely” when asked about China gaining traction in...

U.S. futures rose on Wednesday after a mixed close on Tuesday. Futures of major benchmark indices were trading slightly higher. After the Nasdaq and S&P 500 scaled new highs for two days, the indices slipped on Tuesday as President Donald Trump's massive tax-and-spending One Big Beautiful Bill...

The U.S. Dollar Index Spot fell below a key support level on Friday, indicating a further downside risk for the currency amid the ongoing de-dollarization theme and dampening American exceptionalism. Here’s what the technical analysis of the index shows. What Happened: According to the...

Latest 13F filings reveal that the first quarter of 2025 saw institutional investors significantly retreating from the technology sector, indicating a notable shift away from the Magnificent 7 stocks that have long led market gains. What Happened: Institutional managers collectively shed 8.4...

U.S. stock futures were flat on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were mixed in premarket. The tepid move followed ADP data showing that the private payroll additions tumbled in May as weak consumer sentiment and trade policy uncertainty weighed on hiring...

As the Nasdaq 100 index is nearly 2% away from its all-time high, analysis suggests that it’s “easier to digest” the index’s premium valuation given the growth optimism for 2025 and 2026. What Happened: According to Adam Turnquist, the chief technical strategist at LPL...

U.S. stock futures fell on Tuesday, pulling back after a higher close on Monday. Futures of major benchmark indices declined in premarket. Trade tensions escalated as China’s Commerce Ministry dismissed President Donald Trump‘s allegations that Beijing had violated the Geneva trade...

As the S&P 500 index bounced back from its April lows, a technical expert highlights that the indicators point toward a real recovery as the index reversed its short-term downtrend, doubling its uptrend over the course of the recovery. What Happened: According to a LPL Financial chart showing...

The trade policy chaos has deepened, causing elevated volatility and uncertainty for the financial markets, as the tariff tussle has now entered the courts. Experts forecast a bumpy road till the time any concrete clarity emerges. What Happened: After the U.S. Court of International Trade...

U.S. stock futures were flat on Friday after ending higher on Thursday. Futures of major benchmark indices fell in premarket. A federal appeals court on Thursday temporarily reinstated most of the tariffs imposed by President Donald Trump. This decision by the U.S. Court of Appeals for the Federal...

West Texas Intermediate (WTI) crude oil has been struggling lately, breaking below critical support levels, and experts are taking notice. According to Adam Turnquist, chief technical strategist for LPL Financial, "Oil has struggled recently as tariff-related demand concerns weigh on risk appetite...

Robert F. Kennedy Jr.‘s appointment as U.S. Secretary of Health and Human Services has sparked concerns over funding for the National Institutes of Health. Analysts warn that potential cuts to this funding could lead to increased “uncertainty” in the healthcare sector, potentially...

Institutional investors were bullish on technology and financials during the fourth quarter of 2024 as these sectors saw major inflows, according to 13F filings with the Securities Exchange Commission (SEC). Investors were seen pulling back from the healthcare sector. What Happened: 13F filings are...

The Nasdaq-100 surged to a fresh all-time high of 22,191.37 on Tuesday, as tech stocks continued their relentless climb. The Invesco QQQ Trust (NASDAQ:QQQ), the most popular ETF tracking the index, also notched a new 52-week high of $540, reflecting the broader tech momentum. Meta's Unstoppable...

U.S. stock futures rose on Monday after Friday’s sharp fall as investors digested the tariff updates and earnings reports. All four benchmark indices were trading higher. Investors will look out for inflation data slated to be released on Wednesday this week. The week’s corporate...