Market Clubhouse Morning Memo - October 7th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Pfizer Stock Climbs 4% Amid Reports Starboard Has Taken $1B Stake
US stock market morning session | The three major indices all fell, with amazon falling more than 3%; Chinese concept stocks continued last week's upward trend, Alibaba rising more than 2%, li auto inc rose 5%
On the evening of the 7th Beijing time, the US stock market opened lower on Monday. The rise in US Treasury yields put pressure on the stock market, with the 10-year Treasury yield exceeding 4% for the first time since August. Ongoing tensions in the Middle East dampened market sentiment and boosted oil prices. This week, the market is focused on the Fed meeting minutes, CPI inflation data, and earnings reports.
The employment data in the USA improved in September, but the Federal Reserve will continue to cut interest rates.
In the next year, interest rates in the usa will continue to decline, even if there are no new signs of slowing down in the US economy.
S&P 500 Could Reach 6,300 In 12 Months, Says Goldman Sachs, Driven by 'Strong AI Demand' And 'Margin Expansion'
U.S. Supreme Court Declines To Hear Challenge By Elon Musk's X Involving Judicial Order That Barred Company From Informing Donald Trump Of Social Media Account Probe
Jefferies Assumes Apple at Hold, Raises Price Target to $212.92
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Ahead of Q3 Earnings Season
S&p 500 is expected to rise by another 10%! Two well-known Wall Street strategists are bullish on the US stock market.
Two top strategists on Wall Street have become more optimistic about the US stock market, as there are signs that the US labor market is strong, the economy is resilient, and interest rates are declining.
Sherwin-Williams, Apple And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. Stock Market Outlook: Wall Street strategists are bullish on U.S. stocks, with s&p 500 expected to rise by another 10%! China assets etf continue to rise before the market opens, doubling the long positions in the csi 300 index, up more than 9%.
Apple plans to release Apple Intelligence and iOS 18.1 on October 28; amazon was downgraded by wells fargo & co, indicating limited visibility for short-term profit recovery, dropping 1.80% pre-market.
Google Starts Rolling Out AI-Powered Security Features To Combat Android Phone Theft
Apple Slips as Jefferies Downgrades on 'Too High' iPhone Expectations
Global assets performance during the National Day holiday: Geopolitical conflicts drove oil prices soaring, with China's assets significantly outperforming those overseas.
During the A-share market closure, the Hong Kong and Chinese concept stock markets performed strongly, significantly outperforming the prices of other global assets, demonstrating a positive market trend.
Don't forget about inflation after the non-farm! CPI data this week is still heavy.
The market's assertion that 'inflation is dead' may not hold true, as unexpected changes in the labor market will only make inflation data more important.
U.S. stocks | Chinese concept stocks continue to surge! Ctrip, full truck alliance, jd.com hit new stage highs again; AI video models explode on the scene! Meta rises by more than 2% with stock prices approaching $600.
In terms of US stock market innovation leaders, american express rose 3.02% to the top of the list, Meta rose 2.26%, exxon mobil rose 1.84%.
Express News | Traders expect the Fed to cut interest rates by less than 50 basis points within the year.
Research company: Three bullish catalysts will ensure the continuation of the bullish stock market in the third year.
Strategists say as long as three positive catalysts continue to boost the market, there is no reason for the stock market not to climb.
Dow Jumps Over 300 Points As Tesla, Amazon And Netflix Record Gains: Investor Optimism Improves, Fear Index Remains In 'Greed' Zone
AWS CEO Matt Garman, Once An Intern, Says They Were Pioneering Generative AI At Amazon Long Before ChatGPT Sparked A Wave Of Excitement: 'It Became A Widely Accepted Thing'