Wall Street on Edge: Powell's Testimony and Nonfarm Payrolls Report Poised to Impact Stocks
This week, investors are eagerly anticipating the release of the key nonfarm payrolls report, which will provide insight into whether January's strong employment numbers were an anomaly or the start...
Stocks Pick of The Week - Stocks Beaten By Macro Condition May Have Offered Golden Opportunity To Buy Dip
The initial optimism surrounding the US economy and inflation has dwindled, causing the early 2023 rally for stocks to lose momentum. On Friday, the market faced renewed pressure after personal...
Market Turmoil Continues as Key Buying Signal Remains Elusive
The Nasdaq index has experienced a significant decline this month, prompting the question of whether buy-dip flows will arrive soon. However, this is unlikely, as rising bond yields have yet to...
Stocks Pick of The Week - What Are The Most Popular Stocks Among US Retail Investors?
According to research, retail investors in the United States pumped a record amount of money into the stock market in January, investing $1.51 billion daily on average in US markets, making it the...
Fed Hikes in March Meeting Uncertain; Market Awaits Clues from FOMC Minutes This Week
The Fed's most recent meeting minutes will be the focus for investors this week as they seek clarity on the central bank's interest rate hike plan.
Stocks Pick of The Week - Nasdaq’s Bull Facing Downside Risk as Fed Policy Weighs On, But Do Not Miss ChatGPT Frenzy Opportunity
The Nasdaq, which is extremely sensitive to the Fed's policy outlook, experienced its first weekly fall in 2023, arousing some traders' concerns that expectations for the Fed's tightening to halt in...
Tomorrow’s CPI Data Could Put a Damper on Bullish Stock Market Sentiment
Investors will closely monitor more information about the consumers' sentiment and the direction of interest rates. CPI data for January will dominate.
Stocks Pick of The Week - 3 Must-Buy Tech Stocks to Capitalise on Amid Fed's Monetary Policy
While the outlook for technology may face more challenges following the strong NFP, interest rates are expected to remain higher for longer, with Fed Chairman Jerome Powell stating that the Fed will...
Gold’s Upside Could Be Limited After Stronger NFP
Fresh signs of a hot US labour market leave the Federal Reserve on course to raise interest rates by a quarter percentage point at its meeting next month, signalling more tightening is likely after...
