Good MorningThe FOMC gave the market what it wanted: a 50 basis point rate cut, confirming a shift in economic policy and fundamental conditions expected to lead to a sustained period of growth. However, the S&P 500 could not sustain the immediate surge in price action, confirming that the Fed decision was priced into the market and that a top has been reached for stocks. The takeaway is that a sector rotation that began in July may gain momentum and drive increased volatility for the broad market.
Volatility is the operative word, not a downtrend. Investors should now expect a period of consolidation and sideways movement in the S&P 500 as the market exits one group of trades in favor of another. The consolidation could last for months as it takes four to six fiscal quarters for FOMC policy to fully impact the economy. Between now and then, the S&P 500 will likely move within a trading range, with 5,670 as the peak and the bottom as much as 10% lower. Featured: $3,000 Gold Forecast—Retirement Savings at Risk? (Priority Gold) 
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The stock market has had to watch some of its previous darlings in the technology sector underperform in the past couple of weeks; investors can find the industry’s latest victim in shares of Micron Technology Inc. (NASDAQ: MU) as the stock has traded down from its recent high made in August... Read the Full Story |
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From Our PartnersMillionaire Trader Nate Bear is hosting a FREE TRAINING TODAY, where he'll demonstrate how his unique trading strategy can help smart Americans are using to target massive trading profits during the 2024 elections.
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Stocks | | | If you are trying to figure out how much money you can make in stocks in one month, you are probably interested in short-term trading. Short-term trading usually refers to day or swing trading, which means timeframes measure from as little as a few minutes to as long as a couple of weeks. Unlike buy... Read the Full Story |
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It is impossible to eliminate stock market risk. Risk and volatility are wily beasts and uncontainable, but they can be mitigated. One method is to use low-beta stocks, which tend to be less volatile than the S&P 500 (NYSEARCA: SPY). However, there are better reasons to invest than having a lo... Read the Full Story |
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From Our PartnersA radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites.
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Markets | | | Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates.The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522... Read the Full Story |
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Stocks | | | Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and help juice home sales into 2025. The S&P Composite 1500 Homebuilding Index, which includes 16 stocks, including homebuilders Lennar, D.R. Horton, KB Home and PulteGro... Read the Full Story |
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Investors have flocked to safe haven precious metals including gold and silver in recent months, helping to drive the price of each of these metals up by about a third in the last year. Gold in particular continues to hit new all-time highs and trades close to $2,600 per ounce as of mid-September.... Read the Full Story |
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Smartsheet (NYSE: SMAR) is a smart buy because of its growth, operational quality, cash flow, and capital return. That’s why private equity firms are in talks to buy it; they see deep value in the business and its stock. The takeaway is that Smartsheet will either get taken over at a premium... Read the Full Story |
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Markets | | | Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking gas, fuel and other essentials. It was a test of patience for her and millions of other Sri Lankans as their country languished in economic and political chaos.Since then, under President Ranil Wi... Read the Full Story |
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Markets | | | The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.The decision was widely expected amid ongoing concerns about inflation within the bank’s monetary p... Read the Full Story |
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Markets | | | The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares offset by lower fuel costs and restaurant and hotel bills Read the Full Story |
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Thursday's Early Bird Stock Of The Day Alzamend Neuro, Inc., an early clinical-stage biopharmaceutical company, focuses on developing various products for the treatment of neurodegenerative and psychiatric disorders. The company's pipeline includes AL001, which delivers a therapeutic combination of lithium, proline, and salicylate for the treatment of Alzheimer's, bi-polar disorder, post-traumatic stress disorder, major depressive disorder, other neurodegenerative diseases, and psychiatric disorders; and ALZN002 stage, which uses a method using a mutant-peptide sensitized cell as a cell-based therapeutic vaccine to restore the ability of a patient's immunological system to combat Alzheimer's disease. Alzamend Neuro, Inc. was incorporated in 2016 and is headquartered in Atlanta, Georgia. | | View Today's Stock Pick |
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