WTI crude gains fifth straight day, breaking above December high
WTI crude oil surged for the fifth consecutive session, breaking above its December high, as optimism over global demand fueled bullish sentiment. Prices settled at $82.34 per barrel, marking a 1.8% increase for the day. This rally reflects growing confidence in the global economy’s resilience, with improving manufacturing data in major economies further supporting crude’s […]
Major market cycles aligning with key price targets
As January approaches, financial analysts are closely monitoring the convergence of long-term market cycles with critical price targets, signaling potential shifts in economic conditions. Since the 2009 conclusion of the global financial crisis, the bull market has persisted, with only brief interruptions, such as the early 2020 downturn. Notably, many investors under 35 have yet […]
Gold stocks’ remain exceptionally weak even as stocks rise
Gold stocks have underperformed even as broader equity markets posted notable gains, reflecting a divergence that has caught investor attention. While major indices rose on optimism about easing economic concerns, gold-related equities struggled due to declining bullion prices and reduced safe-haven demand. The price of gold slipped below a key support level as risk appetite […]
Stocks rally like Santa’s reindeer: Low volume, high drama, and a dose of Algo cheer
U.S. stocks surged in a late-session rally, defying thin trading volumes as algorithms added momentum to a pre-holiday boost. The S&P 500 climbed 1.3%, the Dow Jones Industrial Average gained 0.8%, and the Nasdaq Composite jumped 1.6%, marking one of the strongest December moves. While market activity typically slows during the holiday week, automated trading […]
Toll Brothers (TOL) favors pullback before rally
Toll Brothers (TOL), a leading luxury homebuilder, appears poised for a tactical rally despite a recent pullback in its stock performance. The dip comes as market participants weigh ongoing economic uncertainties, including rising mortgage rates and a cooling housing market. While some investors see the decline as a cautionary sign, analysts suggest it could present […]
Is extending loan maturities an effective way to improve access to home ownership?
Proposals to extend mortgage loan maturities are reigniting debates about their effectiveness in addressing housing affordability. Advocates argue that longer repayment periods can lower monthly payments, enabling more individuals to qualify for home loans. However, critics contend that such measures could inflate housing prices and saddle buyers with prolonged debt burdens, diminishing long-term financial stability. […]
S&P 500: 2024 stars, flops, and what’s hot for 2025
The S&P 500 ended 2024 with notable highs and lows, reflecting a year of mixed fortunes across sectors. Tech giants led the pack, buoyed by AI breakthroughs and robust earnings. Stocks like Nvidia and Microsoft surged, delivering double-digit returns as demand for AI and cloud computing technologies reshaped the market landscape. However, other sectors, notably […]
Too labored bottoming
The S&P 500’s recent performance suggests a potential bottoming process, though the market remains in a neutral stance. On November 19, 2024, the index avoided a decline below the previous Friday’s lows, with early selling pressure reversing sharply within an hour. This indicates that neither bulls nor bears are currently dominating the market. Analysts observe […]
Where will the SP500 find a bottom?
The S&P 500 has recently experienced significant volatility, prompting investors to question where the index might find its bottom. Historically, the 200-week moving average has served as a critical support level during market downturns. In previous corrections, such as those in 2011, 2016, 2018, and 2022, the S&P 500 found support near this average, suggesting […]
Stock slump deepens across Europe post-FOMC
European stock markets extended their losses as investors reacted to the Federal Reserve’s latest policy stance, which underscored persistent inflationary pressures and the likelihood of elevated interest rates well into 2024. The Stoxx 600 index dropped nearly 1%, with banks and industrials leading the decline. Major indices in Germany, France, and the UK also suffered […]
