[Chart courtesy of MarketWatch.com] The market was split today: the Dow pushed to fresh highs, while the S&P 500 and Nasdaq slipped early on as renewed worries about pricey tech and AI plays took some air out of yesterday’s Fed-fueled optimism. The rate cut glow from the prior session was still there, but Oracle’s numbers reminded traders that not every …
Third Straight Rate Cut Lights A Fire Under Stocks, Metals, And Bitcoin
[Chart courtesy of MarketWatch.com] The market spent most of the morning just shuffling around the flat line as everyone waited for the Fed, but things changed quickly once the decision hit. By the close, stocks were solidly higher, with gains broadening out across almost every corner of the market. The Fed did exactly what traders were hoping for, cutting rates …
Stocks Go Nowhere, Metals And Bitcoin Steal The Show Ahead Of Fed
[Chart courtesy of MarketWatch.com] The major indexes didn’t go far today, drifting around the flat line as Wall Street shifted into full wait-and-see mode ahead of tomorrow’s Fed decision. With this being the last policy meeting of the year, traders were more interested in what’s coming than in making big moves intraday. Right now, markets are heavily leaning toward another …
Early Pop → Late Flop – Yields Steal The Show Again
[Chart courtesy of MarketWatch.com] We started with a little sparkle in the Nasdaq, but the Dow and S&P never really got off the ground. Then the whole mood flipped—tech gave back its early pop, yields in the U.S. and Japan shot higher (10-year hit its highest level since early September), and everything slid into the red by the close. A …
Short Squeeze Keeps Small Caps Cooking While Everything Else Snoozes
[Chart courtesy of MarketWatch.com] The day felt like the market was stuck in neutral—early trading was super quiet as everyone digested more signs the job market is cooling off. The Challenger report showed U.S. companies have now announced over 1 million job cuts this year (blame restructuring, AI, and tariff worries), and yesterday’s weak ADP payrolls number added to the …
Weak Jobs, Strong Rally: “Bad News Is Good News” Strikes Again
[Chart courtesy of MarketWatch.com] Stocks got off to a wobbly start but eventually found their legs, with all the major indexes closing in the green, led by the Dow while the Nasdaq lagged a bit. Traders spent the day digesting weaker economic data and what it might mean for the Fed’s next move as the last policy meeting of the …