Pre-Market Pulse 4th January – Santa rally profit taking continues as investors sober on rate outlook
Profit-taking continued for a second day after a strong finish to 2023, where the S&P500 rallied 15% since early November.
Pre-Market Pulse
Pre-Market Pulse 3rd January – US stocks start the year in “not so magnificent” fashion
Much like the Christmas and NY hangover most of us are feeling, US Stocks trimmed some fat from the Santa rally
Pre-Market Pulse 2nd January – 2024 kicks off with an Earthquake and Geopolitical issues
US Stocks fell away from record highs on Friday in the last trading session of 2023 as investors banked their “Christmas rally” profits, particularly in the “magnificent 7”
Pre-Market Pulse 22nd December – Santa buys the dip into the holidays
Stocks snapped a nine-day winning streak with a sharp reversal into the close as investors appeared to take some profit from the recent 7-week “Santa rally”.
Pre-Market Pulse 21st December – Stocks lower on “Santa rally” profit taking
Stocks snapped a nine-day winning streak with a sharp reversal into the close as investors appeared to take some profit from the recent 7-week “Santa rally”.
Pre-Market Pulse 20th December – Small caps rally eclipses fresh record highs in Dow
The Dow notched up another record high overnight, however, the small-caps continued to play catch up this month, outpacing the “Magnificent-7” heavy Nasdaq and S&P by double
Pre-Market Pulse 19th December – Investors ignore repeated Fed warnings not to expect rate cuts anytime soon
Stocks rallied overnight ignoring warnings from Federal Reserve officials to cool expectations of sooner rather than later rate cuts.
Pre-Market Pulse 18th December – US Stocks hit record highs as Fed dampens rate cut calls
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.
Pre-Market Pulse 15th December – Banks drive stocks higher, gold rallies on rates outlook
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.
Pre-Market Pulse 14th December – “party in the USA” as Dow reaches record high on Fed cuts next year
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.
Pre-Market Pulse 13th December – Inflation continues to cool as Investors wait for Fed meeting
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.
Pre-Market Pulse 12th December – Investors remain upbeat despite looming inflation data & Fed meeting
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.