Stock Market News
The story of the month might well be volatility, and we might expect more ups and downs for day traders to enjoy and retail investors to fear.
Stock market analysts are talking about a rotation out of tech and into small caps, but the real story is about timing. Because Russell 2000 enthusiasts got their hand slapped just as they put it in the cookie jar. The Dow lost 2.5% as well in the final three days of the week as China politics suddenly rushed to the media, after a strong run up for the indexes. Almost on queue, we saw a market pullback.
Volatility and uncertainty have been plaguing the markets for some time even though they’ve enjoyed spectacular gains. Not joining in in the festivities are the AI stocks and tech stocks. Investors are optimistic but a steady spate of bad news is wearing a little more on investors minds of late. Consumer confidence is only the latest negative signal to help sink stocks for the week.
Catch up on the news from the stock market today, and be up on the forecast for the second half of 2024 and the 2025 forecast.
Next week’s forecast is for more of the same, as political uncertainty and the xChina disconnect continues to worry hedge fund managers and multinational tech investors. The flow of cash into industrials and small caps is likely to pick up this month and likely increase greatly if a FED rate cut is announced in September.
Get the inside scoop on the stock market today, next week and the 3 to 6 month timeframe with a thorough briefing on the factors that impact stock marketing investing performance, and help you get first mover’s advantage.
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Today’s News in the Stock Market
What caused this week’s stock market pullback — Gord Collins reports
Wall Street finishes worst week since April — AP, Associated Press Report
A notable rotation away from tech, growth, and large-cap stocks and toward cyclical sectors and value, and small-cap stocks from Edward Jones market recap.
Trump’s national lead over Biden grows — CBS News poll
Investors focus shifts to Q2 earnings reports — Schwab Report
CBOE Volatility Index (VIX) at its highest level since April and markets are still pricing a 95% chance of a September cut — Chase Bank report.
2025 economic outlook better than forecasted as Trump takes the lead over Biden — Gord Collins reports
Fundstrat’s Tom Lee predicts ‘Pretty Sharp Rebound’ for Bitcoin — to $150K BTC This Year – Markets and Prices Bitcoin News
Mag 7 Sell Off — The Magnificent 7 Stocks including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla have collectively lost $1.182 trillion in market cap over the last five trading days. The China trend plus the failing confidence in the AI promise.
US Federal Reserve decided to keep interest rates unchanged and indicated that only one rate cut is likely before the end of the year. With inflation still above 2%, will Powell and the Fed go back on their word?
US Stock Market 5 Year to 10 Year Outlook
Those investors who focus on quality stocks with a strong balance sheet in sectors which will recover over the next 5 years to 10 years are going to enjoy worry-free performance. Those who ignore macroeconomics and pick individual stocks face huge risks and losses. Picking high-performing stocks is very difficult.
Get to know the top stocks on the Dow Jones, S&P 500, NASDAQ for the best stocks to help you through this recession and your 5-year to 10-year performance will be okay. If you’re looking for riches, the oil stocks are most likely to deliver. Oil supplies are dwindling with lower exploration and drilling. At some point the economy will roar back and oil will surge above $100. Check out the Canadian oil stocks for even better upside.
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