ChartWatchers February 28, 2024 at 03:15 PM
This is a big week for economic data—durable goods, consumer confidence, GDP, and PCE. Durable goods fell in January, which didn't impact the stock market. Neither did the revised GDP number, which came in slightly lower... Read More
ChartWatchers February 27, 2024 at 05:32 PM
Historical and seasonal performance data indicate that the Utilities and Consumer Staples sectors can be effective growth instruments, particularly in March... Read More
ChartWatchers February 23, 2024 at 12:58 PM
When we think about sector rotation, we think about fundamentally-based forecasts linked to the stages of the economic cycle (i.e. business cycle)... Read More
ChartWatchers February 22, 2024 at 04:36 PM
Well, Nvidia did it! A stellar earnings report from NVDA brought back optimism in the stock market. When a stock rises around 15% (for NVDA, that's about a $100 rise in its price), it's an indication that investors still have tons of optimism... Read More
ChartWatchers February 15, 2024 at 02:08 PM
Meta Platforms, Inc. (META) is one of the top S&P 500 performers this year. You probably want to own some shares of it—but not at that $485 price tag... Read More
ChartWatchers February 02, 2024 at 06:44 PM
What a week! Mega-cap tech stocks, the Fed meeting, and January's nonfarm payrolls made headlines this week, creating an exhilarating week for investors. Friday's stock market price action was an unexpected, but optimistic end to the trading week... Read More
ChartWatchers January 31, 2024 at 07:15 PM
Will the Fed cut interest rates at their March meeting? Investors were looking for an answer from Fed Chairman Jerome Powell when he took the podium today. Alas, Powell was noncommittal to that, which wasn't what the stock market wanted to hear... Read More
