News
SQQQ
11.35
-5.42%
-0.65
These Three Metrics Tell A Story About The U.S. Economy
Major US indices down for the month, NASDAQ-100 hit with a 7.10% drawdown. Inflation, GDP, and unemployment are the big three metrics used to approximate the trajectory of the U.S. Economy. This month, the Consumer Price Index rose by 3.48% year-over-year. The Federal Funds Rate is expected to stay at current levels.
Seeking Alpha · 2h ago
June 7th Options Now Available For Proshares Ultrapro Short QQQ (SQQQ)
NASDAQ · 3h ago
Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?
The S&P 500 gained over 1% on Friday and is up 2.8% this week. The Nasdaq 100 is on track for its best week in seven months. Strong earnings reports from Alphabet and Microsoft restored positive sentiment in the market. The Magnificent Seven gained a combined $400 billion in a day.
Benzinga · 3h ago
The Odds For Rate Hikes May Have Increased Dramatically
Inflation is accelerating, with core PCE and PCE Supercore rising at higher rates. Consumer inflation expectations are increasing. The current policy stance may need to shift from rate cuts to rate hikes if inflation continues to rise. The odds for rate cuts in 2024 are melting away.
Seeking Alpha · 4h ago
4 ETF Areas to Play Amid Slower Growth & Rising Inflation
NASDAQ · 4h ago
QQQ, MSFT, AAPL, NVDA: Large Inflows Detected at ETF
NASDAQ · 5h ago
Roundtable Discussion On Gold, Tech, Bitcoin, Country ETFs And Ignored Stocks
Seeking Alpha analysts discuss current market trends and give some portfolio advice. Rob Isbitts joins analysts Amrita Roy, Uttam Dey, Emma Johnston, and Mike Kehoe to discuss gold, Tech, Bitcoin, Country ETFs And Ignored Stocks. Highlighting the versatility of single country ETFs and playing defense within the tech sector. Dissecting two BitcoinETFs and emphasizing value of focusing on overlooked stocks.
Seeking Alpha · 5h ago
SMH: Correction In Semiconductor Stocks Presents A Gift Not To Be Missed
VanEck Semiconductor ETF fell into correction territory, stunning late investors. Earnings growth estimates for the semiconductor industry remain robust, lowering the chance of a bear market decline. Leading companies are expected to continue riding the AI growth wave. SMH's price action suggests buyers have returned this week, underpinning a possible bottom.
Seeking Alpha · 5h ago
Fed Meeting Preview: Unexpected Macro Data Likely To Alter Fedspeak
US economy grew at 1.6% in Q1 2024, the slowest rate of growth in seven quarters. The latest GDP print came in lower than expected while inflation has inched up. Changes in Fedspeak are anticipated as the Fed meets this week. The Fed's preferred measure of inflation is still the labor market.
Seeking Alpha · 5h ago
PCE March 2024:  Spending And Inflation Too Hot
U.S. Personal spending and inflation grew at higher rates than expected in March 2024. Real PCE in 2024 expanded by +0.51%, surpassing economists' median forecast of -0.30%. The analysis of the PCE data suggests the economy is not "landing" in 2024. There are under-appreciated risks to the inflation outlook.
Seeking Alpha · 6h ago
Market Clubhouse Morning Memo - April 26th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)
In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. We will also look at the stock analysis of the SPDR S&P 500 ETF Trust.
Benzinga · 6h ago
Stock Market Dodges A Bullet – Momo Gurus Proven Wrong
The Fed’s favorite inflation gauge, PCE, came in higher than the consensus. The Arora Report call has been that inflation is coming from services and is sticky. The momo crowd is aggressively buying stocks in the early trade. It is important for investors to look ahead and not in the rearview.
Benzinga · 6h ago
Investors are net buyers of fund assets for the first week in three
Investors are net buyers of fund assets for the first week in three. Money market funds took in $5.7B, commodities funds attracted $401M. Equity focused exchange traded funds noticed net capital inflows of $ 5.8B. Invesco QQQ and the iShares Core S&P 500 were the top of the inflow list.
Seeking Alpha · 8h ago
Consumers Splurge On Services, Fixed Investment Surges, Imports Drag On GDP And There's A Blip In Government Spending
Wolf Richter: In Q1 2024, consumers spent very vigorously on services, but not so vigorously on goods. Imports and government spending dragged on GDP, but we think the slowdown in government spending was just a blip. Inflation re-accelerated sharply in Q1, and GDP grew less than in Q4. Gross private investment jumped at fastest rate in two years.
Seeking Alpha · 8h ago
Pre-Market Most Active for Apr 26, 2024 : SQQQ, NIO, TSLL, TQQQ, SNAP, TSLA, INTC, GOOGL, SLCA, XPEV, PLTR, PFE
NASDAQ · 8h ago
What's next for Big Tech? See what SA analysts have to say
Tech On the Move What's next for Big Tech? See what SA analysts have to say about the state of tech and the economy. Technology stocks have dropped over the past couple of weeks. Weak GDP data and the selloff in Meta Platforms are negative catalysts for the high growth sector. The Magnificent 7 are moving higher in Friday's trading.
Seeking Alpha · 8h ago
Wall Street Futures Ride High On Microsoft, Alphabet Cheer, But Will Inflation Data Burst The Bubble? Why This Analyst Thinks Bull Run Isn't Over Yet
Annual inflation rate, the Federal Reserve's preferred gauge, is due to be released on Friday. A reading in line with or below expectations could help the market. Mixed first-quarter GDP data and negative reactions to tech earnings sent traders on the defensive on Thursday. The Fed is expected to hold rates steady at its meeting next week.
Benzinga · 10h ago
Should Fidelity Nasdaq Composite Index ETF (ONEQ) Be on Your Investing Radar?
NASDAQ · 11h ago
Should SoFi Select 500 ETF (SFY) Be on Your Investing Radar?
NASDAQ · 11h ago
Stocks Climb on Impressive Tech Earnings and Strength in AI Chip Makers
US stock indexes this morning are moderately higher, with the S&P 500 climbing to a 1-1/2 week high. Blockbuster earnings results from Alphabet and Microsoft are boosting the overall market. Chip stocks are rallying after chip companies say they will continue to boost investment in AI. US economic news shows Mar personal spending and the Mar core PCE deflator rose more than expected. Overseas stock markets are higher.
Barchart · 11h ago
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