Dow Notches Record Close After Fed’s Latest Rate Pause, and Pfizer Touches More Than 10-Year Low 12/13/23
The Dow rose above 37,000 for the first time on record after Jerome Powell’s latest press conference seemed to reassure investors that a soft landing is still in the cards. But can the momentum be sus...
13 Dec 202344min
Dow Inches Toward Record High Ahead of Fed Decision 12/12/23
Major markets all rose ahead of tomorrow’s big Fed decision after the November CPI report showed inflation was moderating in the face of lower energy prices. The Dow came within 1% of its record high....
12 Dec 202349min
The Great Rotation Takes the Wind Out of Big Tech’s Sails, Plus Digging in on This Year’s Hot Options Trades 12/11/23
Tech stocks pulled back notably today, with Meta dropping more than 2%, even as the broader market pulled off gains. So what does the rotation out of tech and into defensive areas mean for the markets...
11 Dec 202344min
S&P notches new 2023 high after jobs report, and are mergers coming for media names? 12/8/23
A slightly better than expected jobs report sent major indexes higher to close out the week, with the S&P closing at its highest level since March of last year. So is this a sign that a soft landing i...
8 Dec 202344min
The Most Important Chart in the Market, and Who Will Win the AI Race? 12/7/23
Stocks rebounded ahead of tomorrow’s jobs report and in advance of more key catalysts next week. So we asked the traders what they think is the most important thing to be watching for the markets. Plu...
7 Dec 202344min
The Next Moves in Oil & Rates, and Can Recent Rebound Stocks Keep Their Momentum? 12/6/23
On a relatively muted day for the major markets, both 10-year yields and crude oil prices saw big legs lower. The Chart Master maps out where they’re going from here. Plus some recently beaten down na...
6 Dec 202342min
Two Financial CEOs Offer Opposing Views on the Consumer, and the Latest on Rising Tensions With China 12/5/23
Shares of American Express diving midday after the CEO warned that a “skittish” consumer caused billions to slow to start the quarter, while Bank of America’s top exec suggested spending was still hol...
5 Dec 202348min
Has AI Reached Its Peak? And Can Crypto’s Run Continue? 12/4/23
AI-focused stocks have been on a tear this year, with names like Nvidia more than tripling already in 2023. But the stock is down 10% from its all-time high hit just two weeks ago. Can the rally regai...
4 Dec 202344min
