Fund Strat

The market reversed course this week after a duo of inflation reports spooked investors by suggesting that rate cuts may not be imminent. A bullish analyst, who was accurate with his predictions in 2023, said on Friday that he sees the dip as a buying opportunity. What Happened: The dips amid the...

The stock market’s path has been uncertain since the broader uptrend stalled in August. In the face of numerous economic and geopolitical challenges, the odds of a significant breakout from the current lackluster phase seem slim. However, there is a glimmer of hope in historical trends....

Wall Street edged higher during Wednesday’s midday session, despite the August CPI report showing the annual inflation rate rising to 3.7%, above the predicted 3.6%. The unexpected uptick, also coupled with a monthly core inflation exceeding expectations (0.3% vs. 0.2%), did not lead to...

The picture on Wall Street is mixed Tuesday as the broader S&P 500 index experiences a slight dip, primarily due to tech’s lackluster performance. In contrast, small-cap and blue-chip stocks are edging higher. The tech sector is eagerly anticipating upcoming product releases, notably...

U.S. equities were unable to break free from the bears’ grip, with tech continuing to underperform the rest of the market. The release of higher-than-expected producer inflation numbers in July, which climbed from 0.2% to 0.8% year-on-year, above estimates of 0.7%, dominated headlines Friday...