Good MorningEquity markets rebounded last week but may be heading nowhere fast. The high volatility index indicates an elevated level of fear heading into a critical week. Not only is the FOMC meeting this week and it is expected to make the first interest rate cuts since 2020, but it is also triple witching.
Triple Witching is when equity, index, and index futures options expire on the same day and may result in significant buying or selling. In this case, the odds are high that traders will sell because the S&P 500 is up 20% for the year, and options prices are elevated.
Other news due out this week is the retail sales data. The retail sales are expected to have grown compared to last month and last year but are unlikely to spark another rally. The trends suggest sluggish growth at best and barely enough to offset inflation, if at all. Featured: Missed the Last 10,000% Surge? Here’s Your Next Chance (Ad) 
|
Markets | | Shares were mixed in Asia on Tuesday after the Dow Jones Industrial Average set a record as Wall Street geared up for Federal Reserve’s most anticipated meeting in years. Tokyo’s Nikkei index fell 2% to 35,828.54 and the Hang Seng in Hong Kong advanced 1.4% to 17,661.70. Markets in mainland China an... Read the Full Story |
|
From Our Partners | Most traders guess. This system doesn’t.
Using his Momentum Indicator, one trader turned $15K into $150K in six months — stacking 20–30% daily gains. Now he’s sharing 3 stocks flashing BUY right now, plus a free report showing how to trade them. | Claim your 3 stock picks + free momentum trading report |
|
Markets | |
Celsius Holdings, Inc. (NASDAQ: CELH) is the maker of the popular Celsius energy drink, formulated to power active lifestyles with its unique blend of essential vitamins. Celsius’s line of energy drinks has gained a loyal following among fitness enthusiasts and people with active lifestyle... Read the Full Story |
|
Markets | |
Kroger's (NYSE: KR) stock price has struggled since early 2022 when the pandemic-driven bubble burst. There are still hurdles, including the stalled merger with Albertsons Companies (NYSE: ACI), but they are diminishing, and investors are faced with a win-win situation regardless of them. The comp... Read the Full Story |
|
From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
Back in 2018, when Jeff Brown told everyone to buy Tesla…
The "experts" said Elon was finished and Tesla was headed for bankruptcy.
Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough. | Click here to see why Tesla's about to prove everyone wrong... again. |
|
Stocks | |
Bonds play a central role in the investment strategies of many defensive or conservative investors. The price of bonds shifts in an inverse fashion compared to yields, meaning that as the Federal Reserve sets a higher interest rate, bond prices tend to fall. Similarly, when the Fed reduces rates&m... Read the Full Story |
|
Markets | | American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak Read the Full Story |
|
From Our Partners | | Those who recognized the opportunity early didn’t hesitate—they took action.
Now it’s your turn.
We are about to release a brand-new report featuring a company with massive breakout potential.
Here’s the best part: This report is 100% free. No hidden fees, no catch—just expert research designed to keep you ahead of the market. | ➡️ Click here now to claim your free report! |
|
Markets | | China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand.Data published by the National Bureau of Statistics Saturday showed weakening activity across industrial production, retail sales a... Read the Full Story |
|
Markets | |
Symbotic (NASDAQ: SYM) is a high-tech stock that has had a painful go of it as of late, but many are still bullish on the name. Overall, the average price target of $43.23 implies that it has the potential to be a double-bagger investment. Let's dive into what the company does, how its financial p... Read the Full Story |
|
Markets | |
The worldwide maritime shipping industry is essential to distributing goods, including raw materials, commodities, gasoline, and jet fuel. With an impact on a host of different industries, shipping is in many ways a bellwether for global economic health.
In the U.S., the lead-up to the 2024 presi... Read the Full Story |
|
Markets | | Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages Read the Full Story |
|
Markets | | Americans' outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture and the prospect of interest rate cuts by the Federal Reserve. The University of Michigan's consumer sentiment index ticked up to 69 in i... Read the Full Story |
|
Monday's Early Bird Stock Of The Day Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. The company's Elastic Stack product portfolio comprises Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Elastic Agent that offers integrated host protection and central management services; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously. It also provides software solutions on the Elastic Stack that address cases, including search applications, workplace search, logs, metrics, application performance monitoring, synthetic monitoring, security information and event management (SIEM), endpoint security, extended detection and response, and cloud security. The company was incorporated in 2012 and is based in Amsterdam, the Netherlands. | View Today's Stock Pick |
|