2023

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Powerful Support for Stock Bulls: US Job Report and Tech Earnings Point to a Promising Future

More Big Tech earnings and the jobs report are in the week ahead. US stocks notched their third straight week of gains on Friday.

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Stocks Pick of The Week - Solid Tech Firms in Focus as Fed Approaches End of Tightening Cycle

As the Federal Reserve recently raised interest rates as anticipated, investors eagerly await the June data on the personal consumption expenditures price index (PCE), a key inflation indicator...

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Impact of Fed Meeting and Earnings Season on Stock Market Performance

The Dow Jones Industrial Average has extended its winning streak for ten consecutive days, buoyed by benign inflation reports and excitement surrounding the advancements in artificial intelligence....

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Stocks Pick of The Week - Be Mindful of Extreme Enthusiasm On Stocks. Traders Should Focus On Quality

The Dow tends to beat the Nasdaq index recently, outperforming it by as much as 2.5 percentage points on Thursday, creating the widest gap between the two indexes since February 2022.

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Stocks Pick of The Week - US Inflation Reports Fuelled "Buy, Buy, Buy". But Who Is Overvalued?

The latest producer price index in June showed inflation rose less than anticipated and built on trader optimism from the June consumer price index data, which came out Wednesday. Investors are now...

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The jobs report is not insufficient to prevent the Fed from raising rates this week

The Fed is not at ease despite the slowdown in hiring in June and the downward revision of payroll numbers from earlier months.

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Stocks Pick of The Week - When Federal Reserve Tightening Concerns Arise, Quality Stocks May Outperform

As the possibility of a July rate hike solidifies, bond traders are now looking ahead to the future beyond this month. Strong data releases, including the latest ISM figures, increase the likelihood...

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Global Stocks Show Warning Signs of More Downside Risks

Global equities have defied expectations and experienced a remarkable decoupling from the worsening economic backdrop, showing a substantial 13% rise in 2023. However, amidst this apparent market...

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Stocks Pick of The Week - Some Top Performers in First Half Could Pause, Despite Positive Outlook

Major US stock indices achieved substantial gains in a week marked by positive news. The rise was primarily fuelled by the success of prominent banks in passing the Federal Reserve's stress test and...

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Stocks Pick of The Week - Investor Caution Advised as Fed's Rate Hiking Continues, Focus on Quality

Amid recent positive indicators for the US economy, a sense of caution persists as concerns of an impending recession loom.While the job market and services sector demonstrate resilience, and the...

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Stocks Pick of The Week - Investors Remain Sceptical as Fed Considers Rate Hikes

Despite the Federal Reserve's intention to convey a message of anticipated interest rate increases, the market responded with scepticism. Following the FOMC meeting in June, stocks turned bullish as...

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Fed's Policy and Market Outlook: Assessing Risks Amidst Volatility

The recent surge in stock prices has captured attention, driven by several factors, including the easing of regional banks' crisis, expectations of the Federal Reserve pausing its rate hike, a robust...

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Stocks Pick of The Week - Fed's Impact and Stock Market Outlook: Google, Apple, and Netflix in Focus

US stocks continue to ride high after a strong May jobs report and the Congress passing a debt ceiling bill. However, investors are wary of the narrowness of the rally, with some shifting towards...

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Mixed Sentiment Persists in US Stock Market Amid Strong NFP; Fed Decision Holds Key

The US stock market has been a turbulent landscape recently, as investors grapple with mounting concerns over inflation, sluggish economic growth, and the trajectory of interest rates. Despite this...

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Stocks Pick of The Week - Upcoming Economic Indicators Pose Challenges for the Fed

The release of crucial economic data, including nonfarm payrolls, the unemployment rate, and hourly wages, will shed light on the Federal Reserve's dilemma as it approaches the June policy meeting....

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US Debt Ceiling Resolution May Offer Temporary Boost to Stock Market

The resolution of the US government's debt ceiling negotiations has brought a collective sigh of relief to global markets. The news of the agreement has sparked a rebound in the stock market, with...

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Stocks Pick of The Week - Tech Companies Boost Sentiment Amid Debt-Ceiling Concerns

The Nasdaq Composite experienced a notable surge following Nvidia's strong sales forecast, fueled by the increasing demand for artificial intelligence technology. Nvidia's stock soared by 25%,...

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Debt Ceiling Crisis Casts Shadow on Sentiment as Fear Gauge Signals Further Stock Declines

Negotiations on the US debt ceiling are set to continue Monday, with federal leaders working towards a resolution as the risk of a potential default looms. President Joe Biden and House Speaker Kevin...

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Stocks Pick of The Week - Debt Ceiling Progress Spurs Market Focus on Tech Sector

Investors have been seeking confirmation that debt-ceiling negotiations are progressing positively following President Biden's optimistic remarks to avoid a default. The sentiment was boosted as...

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Uncertainty Looms as Debt Ceiling Talks and Federal Reserve Policy Offer No Clear Direction

Last week, Wall Street was sparked by concern after the University of Michigan released a preliminary reading showing a six-month low in consumer sentiment.

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