ChartWatchers May 31, 2024 at 06:28 PM
What a turnaround! Today's PCE data, which was in line with expectations, initially sent the stock market higher. Then, it experienced a significant selloff, but things changed in the last 30 minutes... Read More
ChartWatchers May 30, 2024 at 04:41 PM
Safe-haven investments like gold, silver, and now Bitcoin have had a bumpy and uncertain rise, but they've all ascended despite mixed opinions from analysts... Read More
ChartWatchers May 24, 2024 at 06:06 PM
It was a roller-coaster week in the stock market, a reminder that, when markets are trading at their all-time highs, it pays to be cautious. Any negative news can trigger emotions, resulting in a domino effect reaction... Read More
ChartWatchers May 17, 2024 at 05:21 PM
It made it! The Dow Jones Industrial Average ($INDU) closed above 40,000 for the first time, another record close for the index. What an exciting week! And most of that excitement came in the last few minutes of the trading week. We'll take it... Read More
ChartWatchers May 15, 2024 at 08:09 PM
The bull market hasn't gone anywhere. Despite of worrying about the possibility of a correction and a long wait for movement in either direction, the stock market has finally showed its prowess... Read More
ChartWatchers May 14, 2024 at 08:21 AM
It's CPI and PPI week, and traders seem to be waiting for the data before making investment decisions. While that's happening, surprising action is brewing in meme stocks... Read More
ChartWatchers May 03, 2024 at 05:24 PM
The weaker-than-expected jobs report gave the stock market some direction, a nice treat before the 150th Kentucky Derby. Job growth slowed, and the unemployment rate ticked up to 3.9%. If this trend continues, the market may price in more than one interest rate cut this year... Read More
