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Disconnect Between Rising Yields And AI Frenzy Driven Stocks Widens, Blow Out ADP Data
Thursday, July 6, 2023 - 10:46am | 1284To gain an edge, this is what you need to know today. AI Driven Disconnect Widens Please click here for a chart of iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF). Note the following: The chart shows that the bond ETF has fallen to the support zone. Bonds move inverse to the...
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Market Clubhouse Morning Memo - July 6th, 2023 (Trade Strategy For SPY, QQQ, META, GOOGL, TSLA, And NVDA)
Thursday, July 6, 2023 - 9:43am | 956Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, META, GOOGL, TSLA, and NVDA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are...
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US Stocks Slip, Treasury Yields Rise Ahead Of Fed Minutes: What's Driving Markets Wednesday?
Wednesday, July 5, 2023 - 1:58pm | 1322Stocks eased on Wednesday as investors took a more cautious stance prior to the release of the Fed minutes for the June 14 meeting. The minutes are expected to reveal that the committee broadly agrees that additional interest rate hikes are required to combat inflation. While June’s economic...
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Attention Shifts To Fed Minutes: Volatility May Resume This Week, Markets Do Not Expect 2 More Hikes
Monday, July 3, 2023 - 1:02pm | 726Investors are eagerly anticipating the release of the Federal Open Market Committee (FOMC) meeting minutes for June, scheduled for Wednesday, July 5, following the Independence Day holiday. This important report is seen as a key source of information on the Federal Reserve officials’...
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Stocks Sell Off On FOMC Minutes: Traders Anticipate June Fed Pause, July's Hike Uncertain
Wednesday, May 24, 2023 - 4:14pm | 551Wednesday was a risk-off session in markets, with stocks resuming their downtrend following the publication of the May FOMC meeting minutes. What to Know About FOMC Minutes: A greater degree of uncertainty about the future of interest rates is becoming increasingly evident among the Fed's...
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Fed May Not Be Done Hiking Interest Rates, Missing The Debt Ceiling Deadline Will Cause Disruptions: FOMC Minutes
Wednesday, May 24, 2023 - 2:23pm | 428The minutes of the May 2-3 FOMC meeting revealed uncertainty about how much more policy tightening may be appropriate, with some FOMC participants warning that a failure to raise the federal debt limit in a timely manner will threaten significant financial...
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What To Watch When FOMC Minutes Drop: Pain For Stocks, Bonds Looms If Market Expectations Diverge With Fed Reality
Tuesday, May 23, 2023 - 12:34pm | 633The Federal Reserve will release the minutes Wednesday of the May FOMC meeting, at which policymakers hiked the policy rate by 25 basis points to 5-5.25% and signaled they were shifting to a data-dependent approach. A sizable majority of Wall Street analysts are of the opinion the rate...
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GDP Revised Lower, Labor Market Still Tight
Thursday, February 23, 2023 - 10:19am | 1765Good Morning Everyone! Wells Fargo (NYSE: WFC) just laid off hundreds of mortgage bankers, including some top producers who brought the bank more than $100 million in loans last year. Is Wells Fargo making a huge mistake? Prices as of 4 pm EST, 2/22/23; % YTD MARKET UPDATE Stock...
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FOMC Minutes In Focus
Wednesday, February 22, 2023 - 12:19pm | 1445Good Morning Everyone! Crypto winter has been rough for everyone. Especially Coinbase: Q4 2021: $840m net profit Q4 2022: $557m net loss Prices as of 4 pm EST, 2/21/23; % YTD MARKET UPDATE 2 pm: FOMC minutes Market embracing higher-for-longer Federal funds rate expectations ~5.3% in June...
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Traders Eye FOMC Minutes As Nasdaq, S&P 500 Futures Show Indecision Ahead Of Thanksgiving — Tesla Extends Gains, Deere, HP In Focus
Wednesday, November 23, 2022 - 7:05am | 1130The U.S. index futures are pointing to a modestly positive start by Wall Street stocks ahead of the Thanksgiving holiday. Strong retail earnings lifted stocks on Tuesday, with the three major averages closing notably higher for the session. The indices opened higher but gave back some gains and...
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Nasdaq, S&P Futures Surge Ahead of FOMC Minutes, September Inflation Prints — PepsiCo, Tech And Chinese Stocks In Focus
Wednesday, October 12, 2022 - 7:25am | 1342The major U.S. index futures are pointing to a higher opening on Wednesday after the mixed close in the previous session. Bargain hunting following six straight sessions of declines by the broader market could help offset some of the nervousness of traders ahead of two inflation reports. Tuesday,...
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Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
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Investors Gear Up For Wednesday's FOMC Minutes
Tuesday, July 8, 2014 - 3:47pm | 380The Federal Reserve’s FOMC minutes are scheduled to be released at 2:00 p,m. EDT on Wednesday. Like any statement from the Federal Reserve, this release will have the potential to move markets. Most investors are expecting no substantial change in the minutes, but everyone will be...
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Market Wrap For April 9: Investors Breathe Sigh Of Relief Over Rate Worries
Wednesday, April 9, 2014 - 4:35pm | 2359U.S. stocks rose sharply after minutes from the Federal Reserve eased concerns over when the central bank would raise interest rates. The decision to let go of the 6.5 percent unemployment rate threshold for raising interest rates was finalized in early March. Additionally, the Fed's minutes...
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Benzinga Market Wrap For August 21: FOMC Minutes Send Markets Spinning
Wednesday, August 21, 2013 - 4:24pm | 718Markets were incredibly volatile Wednesday, eventually closing significantly lower. Equities shot down after the Fed’s minutes were released, and quickly recovered before tanking to end the day. Major Averages The Dow Jones Industrial Average closed down 105.44 points, or 0.7 percent to 14,...