This is how much US dollar will rally if Trump wins

Go back to This is how much US dollar will rally if Trump wins

Stock Trader's Almanac says stocks can add further 15%

February 16, 2024 7:23 AM EST

According to the latest Stock Trader's Almanac newsletter, stocks can gain up to 15% this year despite some initial potential weakness.

The note states the probability of some market weakness in the near term is on the rise, with February being the weak link in the Best Months. They state that the average performance... More

Import Price Index (Jan MoM) 0.8% vs 0.0% Expected

February 15, 2024 8:31 AM EST

Import Price Index (Jan MoM) 0.8% vs 0.0% Expected

... More

Philadelphia Fed (Feb) 5.2 vs -8.1 Expected

February 15, 2024 8:30 AM EST

Philadelphia Fed (Feb) 5.2 vs -8.1 Expected

... More

Retail Sales Advance (Jan MoM) -0.8% vs -0.2% Expected

February 15, 2024 8:30 AM EST

Retail Sales Advance (Jan MoM) -0.8% vs -0.2% Expected

... More

Initial Jobless Claims 212K vs 220K Expected

February 15, 2024 8:30 AM EST

Initial Jobless Claims 212K vs 220K Expected

... More

Empire Manufacturing (Feb) -2.4 vs -12.5 Expected

February 15, 2024 8:30 AM EST

Empire Manufacturing (Feb) -2.4 vs -12.5 Expected

... More

Nvidia and these two Magnificent 7 stocks are 'attractively undervalued' says analyst

February 15, 2024 7:00 AM EST

Rental rates have been sluggish in showing the typical seasonal upticks seen during the summer months. However, a modest increase of 0.6% in January hints at a gradual balancing of demand and supply, according to Singular Research.

A regression toward normalization is essential to align with a 1-year Treasury bill fair value at PCE +0.60, and 10-year Treasury bonds are currently at parity to fair value at PCE +110 basis... More

Wall Street ends higher as retail sales slump feeds hopes for rate cuts

February 15, 2024 6:35 AM EST

By Carolina Mandl, Johann M Cherian and Ankika Biswas

(Reuters) -U.S. stocks closed higher on Thursday as retail sales data declined more than expected, feeding hopes the Federal Reserve will soon start cutting interest rates in coming months.

A Commerce Department report showed U.S. retail sales dropped 0.8% in January, weighed by declines at auto dealerships and gasoline service stations.

The data had investors less stressed about hotter than expected inflation data that had sent stocks lower on Tuesday.

"Investors are cheering the fact that we got a weaker-than-anticipated retail report," said Neville Javeri, a... More