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S&P 500 Index Newsroom
Tech giant financial reporting season is coming again, and this time the focus is still on: nvidia and capital expenditures
Analysts believe that considering the expensive stock price and the high base figure from the same period last year, nvidia's Q3 performance may face challenges, with investors closely monitoring its AI investments and the situation with the Blackwell chip. In terms of capital expenditures, Wall Street generally expects them to continue to surge, but still bullish on the potential of AI.
SPDR csi financials etf (XLF) rose 26% year to date! Why are wp csi banks etf performing so well?
Year to date, the $kbw nasdaq bank index (.BKX.US)$, which surged in 1995, has risen by more than 27%, mainly tracking the rise of large banks and other non-bank financial companies like the $financial select sector spdr fund (XLF.US)$, which has increased by 26%. As of the close of October 16th, Eastern Time, the $regional banks index etf-spdr kbw (KRE.US)$, the largest in terms of US stock assets (3.9 billion USD), has seen a 7-day increase of over 8%; the $kbw nasdaq bank index etf-spdr kbw (KBE.US)$, with assets exceeding 2 billion USD.
Bank of America survey: Global stock markets have seen the first sell signal, investors' cash allocation ratio has dropped from 4.2% to 3.9%.
①A survey by Bank of America shows that "going long on Chinese stocks" ranks in the top 3 of the survey conducted by Bank of America this time; ②In the survey, the net proportion of those who expect the Chinese economy to strengthen in the next 12 months reached 48%, the highest level since April 2023; ③ The report also states that since February 2021, global stock markets have seen a sell signal for the first time.
Tonight, is usa's retail data going to be amazing?
Bank of America expects that the US Census Bureau will carry out an "extreme" seasonal adjustment, pushing retail sales in September to surge by 0.8% month-on-month, far exceeding the general market expectations. Bank of America stated that this retail data is released following the "encouraging" GDP and non-farm payroll data, making it "significant"; if the data spikes as expected, it may increase the probability of an economic "soft landing" and intensify the uncertainty of the Fed's interest rate cut prospect.
E-mini Russell 2000 index has risen for four consecutive days! With the support of two major bullish factors, can small cap stocks continue to rise?
Wall Street is bullish on the future prospects of small cap stocks, mainly due to the bullish performance of banks, as well as the resurgence of the 'Trump trade'.
Will the 'frenzy' in the US stock market eventually cool down? Institutions warn: Next year may experience a 26% crash.
Stifel's strategists at the investment firm believe that this "frenzy" may push the s&p 500 index to around 6400 points, but next year it will fall back to the level at the beginning of this year.
Greenlight Capital's Einhorn: The current U.S. stocks are the most expensive in decades, Buffett selling stocks to hoard cash is a warning signal.
Einhorn stated in the investor letter that Greenlight Capital's performance significantly lagged behind the market for the whole year, and may continue to perform poorly in the future. Mr. Buffett once again sold most of his stock portfolio and hoarded cash, indicating that now is not a good time to heavily hold stocks, although this does not mean the stock market will decline in the short term.
Daily options tracking | United Airlines surged over 12%, earning 4 times the daily call volume; Coinbase rose 7%, with two big $20 million options trades last night.
Last night, Nvidia had three options transactions of over $20 million each. Among them, calls with a strike price of $130 expiring on March 31, 2025 were respectively sold and bought 0.012 million contracts, involving $26.55 million and $26.28 million.
Express News | CITIC Securities: The probability of a 25 basis point rate cut by the Federal Reserve in November is high, with an additional 50 basis points rate cut space within the year.
Reported Earlier, Robinhood Partners With Cboe To Offer S&P 500 And Volatility Index Options, Expanding Retail Access
USA's "horror data" will strike tonight! Retail sales may increase significantly, challenging the rate cut expectations?
Prepare to welcome the crazy surge of the US dollar, as the expectations of interest rate cuts collapse!
Elliott Wave Forecast: Bullish Trends Ahead for Global Indices Including S&P 500, Nasdaq 100 [Video]
Is the final frenzy of the US stock market? A well-known investment bank warns: s&p 500 may fall by 25% next year.
①Strategists predict that the s&p 500 index may climb another 10% this year, to around 6400 points; ②Afterwards, as inflation rises in 2025, the index may plummet by 25% to 4750 points, returning to its level at the beginning of 2024.
Legendary investor: Warren Buffett's recent stock sales indicate that the market is overvalued!
Billionaire investor, David Einhorn, the head of Greenlight Capital, wrote in his hedge fund's quarterly report that investors are driving the most expensive US stocks in decades upward.
The impact of hurricanes on the economy of the usa can already be felt in tonight's market.
Analysis suggests that based on past experiences with hurricane impacts, it is expected that the growth of the number of applicants in North Carolina will fall back somewhat in tonight's data. Meanwhile, due to the dual impact of hurricanes "Heleni" and "Milton", Florida may experience an even greater increase in initial claims for unemployment benefits in the region.
Is Warren Buffett's large-scale 'selling stocks to hoard cash' a warning signal? Hedge fund big shots: Don't enter now!
①Wall Street hedge fund tycoon David Einhorn said that current US stocks are the most expensive in decades; ②He believes that Buffett's selling of stocks indicates that it is not the time to invest heavily in stocks.
Futu Morning Post | Today at 10 o'clock! Five departments will hold a major real estate market meeting; technology giants are betting on nuclear energy, and the nuclear power sector is collectively soaring, with Oklo surging by 40%.
Spot gold is testing historical highs, as Deutsche Bank stated due to the weak performance of the US stock market in the second half of the year; Goldman Sachs trading department expects the s&p 500 index to rise to 6270 points by the end of the year.
U.S. stocks closed | The three major indexes all closed higher, with the Dow hitting a new closing high again. Goldman Sachs' earnings report exceeded expectations, closing up 6.5%, boosting the general rise in bank stocks.
US stocks rose across the board and closed near the daily highs, with the Russell Small Cap Index leading the gains with a 1.64% increase. Investors pulled out of the SSE Mega-Cap Index, helping small cap stocks rise to nearly a three-year high. The Dow hit a new high, with concerns about ASML Holding continuing to impact, and the Nasdaq closed up 0.28%, lagging behind in gains. Boosted by strong performance from Morgan Stanley, the financial sector performed well, with only the telecommunications and daily consumer sectors declining.
Bank of America: Fund managers are bullish on the Chinese economy and stocks overall, while the global stock market is showing a sell signal.
A global survey conducted by Bank of America in October showed that after China's package of stimulus measures was introduced, the net proportion of global fund managers expecting China's economy to strengthen over the next 12 months reached 48%, the highest since April 2023. However, it is necessary to be cautious as global stock markets have just triggered a sell signal from Bank of America for the first time since February 2021. Investors have shown optimism, anticipating a solid foundation for the global economy.
U.S. stock market closing: all three major indexes rose collectively, with the Chinese concept stock index up nearly 1%.
1. China concept stocks varied, nasdaq china golden dragon index rose by 0.93%; 2. Airbus plans to cut 2,500 jobs in defense and aerospace departments; 3. General Motors invests $0.625 billion in a top lithium project in the USA; 4. E-mini russell 2000 index has reached its highest level in nearly three years.