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The stock market’s 8-plus month rally remains in effect as we move into the third quarter, and the second half of 2023. The NASDAQ-100 gained +15% in Q2 and is up 38.75% for the year! It has been the best first half for the Nasdaq Composite since 1983, which is
In this most recent stock market video analysis and forecast, I’m following up on the June 3rd Video and forecast for June. So far we are seeing everything I expected to see from the June 3rd video: From the S&P-500 and NASDAQ gaining strongly after the S&P’s close above $4200,
The major indices opened somewhat soft after ugly overnight data out of China, but quickly shifted into rally mode after the 8:30 a.m. U.S. economic data sent TSY yields lower. The the People’s Bank of China announced a 10 basis points cut in the one-year medium-term lending facility rate to
12:30 p.m. ET There’s not much in the way of U.S. macro data today, but the rest of the week is busy with CPI tomorrow and the FOMC policy decision Wednesday. The CPI report will be the last big piece of inflation data ahead of Wednesday’s policy decision in which
"Changes in market character precede changes in market trends." Changes in character are most often discovered intraday. Benefit from real time analysis and alerts, whether you're a short term trader or a long term investor.
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