The Dow and Nasdaq clinched record closes Friday, amid optimism for rate cuts next year even as a Federal Reserve official attempted to pour cold water on aggressive rate cuts next year.
US stocks gave up some gains late in the session, as the post-Fed rally pushed stocks into overbought territory, triggering concerns that the surge may have been too much too soon.
The Nasdaq hedge is unlikely to work over the short-term as the thesis of the rate hiking cycle being finished, combined with the 70% occurrence of a “Christmas Rally”
A bounce in the Lithium spot price after a dramatic year long fall should see Liontown bounce back towards it $3 takeover bid price
The Dow closed at record high Wednesday after the Federal Reserve’s decision to keep rates unchanged, but forecast deeper rate cuts for next year, pushed growth stocks including tech sharply as Treasury yields slumped.
URNM provides exposure to leading global companies involved in the mining, exploration, development and production of uranium, modern nuclear energy, or that hold physical uranium or uranium royalties
Stocks finished higher overnight led by tech as an ongoing slowdown in inflation kept hopes for an early rate cut next year alive just as the Federal Reserve readies its monetary policy decision slated for Wednesday.
Stocks finished higher overnight as investors continued their bullish bets on risk assets, a day ahead of fresh inflation data and the Federal Reserve’s final two-day policy meeting this year.
Value switch in the agricultural sector
Equities continued their dream run with the major indices locking in 7 weeks in a row of gains, a feat not accomplished since 2019
Sell 2.5% holding in Ventia services for 10% profit
