The Rotation Continues & One Sector Has Helped Fuel This Rotation

TalkMarkets - Sun, 07/28/2024 - 13:20
If you were sleeping all week and did not witness the daily gyrations of the markets, you would wake up at the end of the week to see that most of the markets went nowhere. That is, except small-cap stocks. Here's a recap of the week.

The Market's On The Brink Of Change

TalkMarkets - Sun, 07/28/2024 - 12:59
Markets were higher on Friday, easing some of the pain inflicted throughout the week and rising by around 1%, with the S&P 500 down 83 basis points for the week. This week, it will be all about the data, central bank decisions, and earnings.

The Huge Costs Behind The Olympic Games

TalkMarkets - Sun, 07/28/2024 - 12:40
The 2024 Summer Olympics are finally set to get underway in Paris amid some substantial safety concerns. These high-level issues have been momentarily distracting observers from another train wreck affecting most Olympic Games: cost overrun.

Drunken Schwab

TalkMarkets - Sun, 07/28/2024 - 12:30
Here’s a new position for me: Charles Schwab, which demonstrated a nice gap-close and shooting star on Friday. However, the stock has a tendency to top out.

A Rough Couple Of Weeks

TalkMarkets - Sun, 07/28/2024 - 12:20
It's been a rough couple of weeks in the market, as it recently experienced a short-term downtrend. However, the major indexes have held onto their longer-term uptrend so far.

GBP/USD Weekly Forecast: Expecting A Dovish BoE Path Ahead

TalkMarkets - Sun, 07/28/2024 - 11:30
The GBP/USD weekly forecast is trending south as markets shift towards a more dovish outlook for the Bank of England.

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