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The Fed has signalled three rate hikes for 2022 and an acceleration in the taper of its asset purchase program. In a tightening environment, and as yields increase, portfolios may change in terms of asset allocation. Fundamental valuation metrics consider the impact that rates have on cash flows. Growth stocks tend to retain and reinvest earnings, whilst value candidates are usually established and more mature in nature. As such they…
Daily The daily charts below show the US30 (left), SPX500 (middle) and NAS100 (right). Today's candles, ahead of market open, are blue, indicating current prices are above respective opens for the session. The NAS100 continues to show relative weakness and is still in its area of weakness, between the lower blue and lower red bands. The SPX500 is attempting to move from its area of weakness into the neutral area,…
Last week Tesla and SpaceX founder Elon Musk delivered some interesting insights as he took part in the CEO Council Summit, hosted by the Wall Street journal.
This week, FXCM senior market specialists, Nik and Russ, discuss the announced accelerated taper of the Fed's asset purchasing program and rate outlook for 2022. They also talk about the BoE's surprise hike, the ECB's policy stance, and look at the key calendar items for this week.
Stocks were sold down on Friday and have started this week under pressure. Below are the daily charts of the US30, SPX500, and NAS100. Of the three the NAS100 is the weakest, trading firmly in its weak area between the lower blue and lower red bands. The sell-off during the Asian session has also driven the SPX500 into its area of weakness. The US30, whilst weak, has not definitively moved…
Another big week for regulators around the worlds, with probes into M&A activity and rising sectors, while airlines and Netflix were also in the spotlight
Main US Indices closed with gains on Wednesday, despite the Fed hawkish pivot and the projection of three rate increases in 2022
The Hollywood Foreign Press Association (HFPA) announced on Monday, the nominations for the 2022 Golden Globe Awards, with Netflix being one of the top performers
Introduction According to filings with the SEC that were published on Monday, Tesla CEO Elon Musk sold 934,091 shares of the company. The value is near $906m. He also exercised options at a strike of $6.24, purchasing 2.13m shares. According to the filings, the transactions were part of a Rule 10b5-1 trading plan, dated 14 September. This is in addition to his previous sales earlier in the month of two…
The index is under pressure following a poor start to the week, as the Fed’s policy decision approaches and Omicron worries resurface
The US Federal Reserve hands down its monetary policy decision on Wednesday December 15, along with the updated economic projections
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