Stocks Pick of The Week - Market Jitters As US Debt Ceiling and Banking Crisis Loom, But Three Safe Haven Stocks Remain Available
Despite upbeat economic data, stocks faced resistance due to disappointing corporate performance and persistent banking fears. In April, wholesale prices in the US rose 0.2% for the month,...
US CPI Report This Week Will Reveal What Fed Will Do In June
Investor attention this week turns to April’s consumer price index out Wednesday, followed by the producer price index on Thursday. Financial markets are hoping that it continues to remain subdued....
Stocks Pick of The Week - Banking Crisis Aids Federal Reserve’s Mission of Cooling Down Economy
The recent dip in the Dow Jones Industrial Average amid concerns over banking issues does not necessarily foreshadow a significant drop below multi-year lows. The volatility in the banking sector...
Fed Meeting This Week To Provide With Clues On Whether It’s The Last Hike
Wall Street is gearing up for the Federal Reserve's policy-setting committee meeting this week, with a decision on whether to raise the benchmark Fed funds rate expected to be released on Wednesday.
Stocks Pick of The Week - Tech Earnings Rally May Be Short-Lived
Investors should be cautious about over-enthusiasm regarding the latest tech earnings, as a dovish Federal Reserve may not necessarily result in higher stocks prices. The correlation between the...
Stocks Pick of The Week - The Rise of AI Giants: Microsoft, Nvidia, and Alphabet's Strategies for Dominance in the AI Field
The stock market faced a dip recently, spurred by a mixed bag of corporate earnings and concerning economic data, including signs of a contracting economy. Disappointing results from companies like...
Traders Shift Focus From Inflation To Earnings As SVB Collapse Weighs On
Corporate earnings got off to a positive start, as banking giants Wells Fargo and JPMorgan Chase beat expectations. Still, discouraging retail sales data showing a slowdown in consumer spending by 1%...
Stocks Pick of The Week - How Long Can US Stocks Sustain Their Stability? Earnings Report Holds The Key
US stocks fell Friday but notched a positive week as investors assessed a weak retail sales report that dented enthusiasm around a stronger-than-expected start to corporate earnings.
Navigating the Volatile Market: CPI and Earnings in Focus
The recent weakening of the labour market data has contributed to market volatility. However, the robust March jobs report, which reflected a growing economy and moderate inflation, provided some...
Stocks Pick of The Week - Tech Stocks on Fire: Is the Market Overvalued? Here's What Investors Need to Know to Avoid FOMO
In recent months, the Nasdaq 100 has been the top-performing index in the US stock market, with a surge of over 20%, leading analysts to speculate that the index is in a bull market. However, caution...
Stocks Pick of The Week - Opportunity In Tech Seen After Banking Crisis Easing, Alibaba Is Shining
The most notable fact about the trading action this week is how quiet it has been compared to the previous two weeks. Well, it is not that bad. The CBOE Volatility Index, which began on March 19 and...
Relief Rally in Risk Assets May Be Fading Ahead Of NFP
Financial market volatility is expected to persist next week as risk asset momentum slows and a major jobs report looms.
Stocks Pick of The Week - Tech Stocks May Be Boosted Amid Ongoing Banking Crisis
Tech stocks are in for a brutal reversal lower if yields decline further, and that may happen as the Fed officials seem to have no chance to act hawkish in the coming weeks, at least given the...
Stocks Pick of The Week - Tech Giants' Stocks Resilient Amid Bank Crisis: Is It Time to Invest in Them?
The recent crisis in the banking sector, from SVB to Credit Suisse, has raised concerns and highlighted the need for central banks to be cautious about hiking rates. If the Fed takes a more cautious...
Faith On Dollar As Banking Crisis Would Not Stop Fed From Raising Rate This Week
Even with the apparent rescue of Credit Suisse, markets face a nervous few days waiting for what the Fed makes of all this. Stocks market is facing another test. A risk-off sentiment with another...
Stocks Pick of The Week - No Disaster from Silicon Valley Bank’s Failure Yet
US stock futures rallied more than 1%, and the dollar slid versus major peers Monday as traders digested the steps taken by regulators to shore up the American financial sector in the wake of Silicon...
US Regulators Step in to Save Banks: Here's How it Affects Stocks and Gold
US regulators have implemented a plan to protect depositors of Silicon Valley Bank and Signature Bank in New York, which were on the brink of collapse due to systemic contagion fears. The move is...
Stocks Pick of The Week - AI Stocks Show Strong Growth Potential in Early Stages of Development
The future of artificial intelligence is looking very promising, with an estimated $6 trillion revenue opportunity within the internet industry. The AI market is expected to grow at a rapid pace,...
Wall Street on Edge: Powell's Testimony and Nonfarm Payrolls Report Poised to Impact Stocks
This week, investors are eagerly anticipating the release of the key nonfarm payrolls report, which will provide insight into whether January's strong employment numbers were an anomaly or the start...
