“Buy the Dip” rescues a dismal week

It was a mixed five days for Wall Street. A boost to sentiment from the end of the longest government shutdown and positive trade developments was offset by continued weakness in the AI trade and hawkish comments from Federal Reserve speakers. This week, Cleveland Fed...

Inflation climbs but the rally goes on

Wall Street on Friday posted its best week since early August, driven by a combination of strong earnings and optimism over trade relations between the U.S. and China. Most attention, however, was on the consumer price index (CPI) report for September –...

Investors remain bullish, but yellow flag is waving

It was a topsy-turvy week for Wall Street, though the three major averages managed to post solid gains.There was ongoing trade tensions between the U.S. and China, a government shutdown that shows no sign of ending, the start of the third quarter earnings season, and...

And the stock market rally goes on..

Wall Street on Friday advanced more than 1% for the week, with the S&P 500 index hitting 6700 points for the first time ever, as traders shrugged off concerns over the U.S. government shutdown and its effect on economic data. One of the biggest casualties of the...

Is the economy strong or weak?

Wall Street snapped a three week win streak on Friday, despite the central bank delivering its first rate cut in nearly nine months, citing increased downside risks to the labor market. The final estimate of Q2 GDP growth was revised up to an annual rate of 3.8% from...

Fed’s Math does not add up

Wall Street on Friday notched a three week win streak after investors finally received an interest rate cut from the Federal Reserve. Stocks still ended lower on Wednesday but recovered, and that was largely due to Fed Chair Jerome Powell’s comments during the...