Pre-Market Pulse 1st November – MAG7 earnings beat, but share prices retreat
Stocks closed sharply lower Thursday as Meta and Microsoft fueled a rout in tech, while hotter inflation muddied the path for deeper Federal Reserve rate cuts.
Pre-Market Pulse
Pre-Market Pulse 31st October – Investors underwhelmed by Google, Microsoft and Meta earning beats
Stocks were mixed overnight as investors digested a jump in Treasury yields and cooling rally in Alphabet (Google), while after the bell, Microsoft and Meta were met with lukewarm enthusiasm, despite beating expectations
Pre-Market Pulse 30th October – Earnings the only focus for investors as Google “beats the Street”
Equities finished higher overnight, shrugging off mixed economic data as tech continued to rack up gains ahead of major earnings, while Google rose 5%+ on earnings after the bell
Pre-Market Pulse 29th October – Tech shrugs off rising bond yields into MAG7 earnings
Investors ignored multi-month highs in US treasuries, with their eyes firmly fixed on the approaching MAG7 earnings and a busy week of top-tier economic data and quarter earnings including from big tech.
Pre-Market Pulse 28th October – The Tech party rolls on into MAG7 earnings this week
Equities were mixed with the Nasdaq closing higher Friday, after hitting an intraday high as tech stocks continued to make gains as investors piled into high flying tech stocks ahead of a key week of earnings next week.
Pre-Market Pulse 25th October – Tesla soars most in a decade, saving stocks from 4th down day
Stocks snapped a three-day losing streak overnight, as Tesla soared 22%, racking up its best day in over decade following the electric vehicle maker’s better-than-expected quarterly results.
Pre-Market Pulse 24th October – Stocks surrender to rising bond yields, Tesla shines after the bell
Despite Tesla impressing the market after the bell, stocks finally succumbed to rising Treasury yields putting pressure on megacap stocks, as investor confidence waned regarding significant rate cuts from the Federal Reserve.
Pre-Market Pulse 23rd October – Gold and Silver scale new heights on BRICS & US Election
Precious metals continued their bull run overnight as stocks ended slightly lower, recovering the bulk of losses as traders weighed rising Treasury yields and mixed slate of quarterly corporate earnings.
Pre-Market Pulse 22nd October – Higher Treasury Yields cap stock gains, Silver hits 12 year high
Treasury yields climbed overnight, capping gains in equities, as Fed speakers continue to echo the need for more gradual pace of rate cuts while silver surged to 12-year highs as BRICS conference kicks off today
Pre-Market Pulse 21st October – Stocks finish at records for 6th week in a row, Netflix shines
Stocks finished at record highs for a 6th consecutive week, as investors digested more quarterly corporate earnings, including stronger-than-expected numbers from streaming giant Netflix.
Pre-Market Pulse 18th October – Chip stocks drag market higher as TSMC says AI Chip demand “Real”
Stocks surges for the 4th session in the last 5, as stronger-than-expected monthly retail sales indicated a robust U.S. consumer and chips stocks were buoyed by TSMC’s upbeat forecast.
Pre-Market Pulse 17th October – Stocks grind higher as investors consider broader options
US stocks moved higher overnight following a wobble the previous day as chip stocks steadied and investors continued to rotate out of the Mag7 into the broader market.