[Chart courtesy of MarketWatch.com] The markets started the day on shaky footing, with the S&P 500 and Nasdaq slipping while the Dow briefly held modest gains as traders sifted through the long-delayed jobs data and tried to gauge the real state of the economy. After weeks of trading on hope, yesterday’s report made it clearer that growth has been cooling …
Gold Steady, Silver Slips, Bitcoin Tries To Bounce Back
[Chart courtesy of MarketWatch.com] Stocks slipped early on as traders chewed over the long-delayed November jobs report and what it might mean for the Fed’s next move. The tape felt choppy rather than panicky, with markets trying to balance better‑than‑expected headlines against some softer details under the surface. November payrolls rose by 64,000 versus expectations for 45,000, but that strength …
Fed Cut Euphoria Fades For Tech, But Metals And Small Caps Shine
[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 …