Market News 9-18-23
News You Can Trade 📰
The Market 📈
A monster test faces the market this week as the S&P 500 failed to make a new high after the bullish gap on Thursday. To be honest a big disappointment for the Bulls as the short-term uptrend was in place. We’re right back to testing that 444 to 446 level but the headwinds of the FOMC this week looms over the entire Market.
Financial stocks show the largest number with stacked order flow and the bullish tone of technology has weakened. Add to the mix energy stocks short-term strength and it’s not good news for the economy.
Perhaps your Jerome Powell could throw a curveball in there this week with structured language. Remember there’s always two moves after the FED makes an announcement on interest rates.
One is the initial move which is what everybody expects and then the language of their plans going forward. That second move about 30 minutes later is the real one
Market News 🚨
According to a recent report, the stock market is showing positive signs for further gains. The S&P 500 is expected to experience strong earnings growth in the coming years, with a positive outlook for 2023. This news comes as a relief for investors who have been concerned about the market’s performance amid the ongoing pandemic. The report suggests that the market’s upward trend is likely to continue, providing opportunities for investors to capitalize on future gains.
The Market Is Stuck Until This Happens
How far will the Fed go to tame the market? This high-stakes question has Wall Street holding its breath as the New York Times reports. With just hints of interest rate changes, the stock market recoils, swirling unpredictably.
Yet the real drama has barely begun. Does the cryptic Fed hold the power to make or break the markets? This bombshell Times article reveals the sway central bankers hold over your investments.
With so much uncertainty ahead, investors will want the full story on the Fed’s brewing stare-down with the stock market. Don’t miss this must-read account before the Fed makes its next move and seals your financial fate.
How Cathie Wood Sees Tesla Becoming a $5 Trillion Company
A $5 trillion prophecy. This staggering prediction for Tesla’s future now has Wall Street abuzz. Visionary CEO Elon Musk and investing sensation Cathie Wood both foretell immense growth ahead for the electric vehicle titan, potentially dethroning Apple as the world’s most valuable company.
But is such exponential success realistic? This bold forecast from two of the market’s most respected voices has sparked heated debate. Can Tesla live up to the hype? Does it have the capacity for such enormous expansion? With soaring expectations, investors will crave the full story behind this electrifying projection. Don’t miss the insights that could signal either untapped potential or irrational exuberance for Tesla.
“Is Enphase Stock Really a Bargain? Here’s What You Need to Know”
Enphase Energy has seen a significant drop in its stock price this year due to challenges in its key markets and higher interest rates. However, there is still reason for optimism as the world moves towards renewable energy.
While Enphase’s immediate-term outlook may be poor, the stock is considered undervalued by some metrics. Wall Street analysts forecast a rebound in 2024, and with new product launches and expansion into new markets, Enphase’s weakness is expected to be temporary.
While caution is advised due to short-term weakness, Enphase may present a buying opportunity for long-term investors.
Wall Street Analyst Reveals Top Energy Stock Picks for Investors to Consider
Truist analyst Neal Dingmann has been named Wall Street’s top analyst with an impressive 31% return on investment over the past 12 months.
Dingmann has recently made a number of energy sector stock recommendations that have been rated as strong buys by the analyst consensus. Some of his top picks include Kodiak Gas Services, Inc., Northern Oil and Gas, and Chord Energy.
Tech Trade Loses Momentum as Higher Rates Spell Trouble for Investors.
The tech trade is starting to show cracks as higher interest rates for a longer period of time could spell trouble. Technology stocks have been driving the market rally in 2023, but they have also become increasingly expensive. Investors are becoming more skeptical about the valuations commanded by market leaders.
“Get in on the AI action: 3 top stocks for your retirement account”
The Motley Fool recommends three artificial intelligence (AI) stocks for investors looking to diversify their IRA portfolios. The recommended stocks include Alphabet, IBM, and Palantir Technologies. Alphabet’s leading market share in digital advertising, combined with its strong capabilities in AI, makes it an attractive investment. IBM, with its decades of AI experience and dividend yield of over 4%, also presents a compelling option. Finally, Palantir’s success as a data analytics firm, combined with its recent profitability and strong financials, make it a promising AI stock for long-term investors.
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