Every morning when the New York Stock Exchange and the Nasdaq on Times Square are trading, I wake up and go straight to the key indexes.
Although Wall Street took a breather on Friday, the Trump-inspired rally has rolled on for another week, undoubtedly explained by profit-takers unable to resist pocketing some of the near 7% gains since the new president won the November 5 poll last year.
I agree with Shane Oliver that while a correction is highly likely this year, we’ll see a positive year for remaining long the share market. But you’ll need to pivot, take profit in some stocks and get exposed to different investments bound to benefit from rate cuts.
We’re back for 2025! When it comes to movements in shares, economic data drops remain the major drivers of what stocks will do, with the better-than-expected US inflation number delivering a great Thursday for local stocks.
What Fed boss Jerome Powell gives can be taken away and Wall Street didn’t like the power he yields. So, the key players that drive US stock markets weren’t keen about what he said this week.
What I’m about to reveal to you is not only giving me good vibrations, if this goes to plan, then it will give investors lots of excitations.
The stock market now looks becalmed, having set its ‘sails’ for the Trump tailwind since November 5.
It’s always tempting to get on the bandwagon of stocks on the rise, however it can also be rewarding to look for a beaten-up stock, where the market has gone too far because it’s too short term in its view on a company. Let me take you through a number of stocks that fall into this category. Are they ready to buy?
Goldilocks still lives in Trump’s USA with the November jobs report, a potential market-hurting data drop, coming in a little better than expected.
As an educator and adviser, my problem is that bitcoin is a classic speculative play. Its chart shows that. It’s this I want to focus on today. I’ll do that and contrast it with other investments that have been rocket performers but they’re less prone to huge volatility.
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