Stock Market Guidance

Federal Reserve & Interest Rate Expectations The Federal Reserve’s latest meeting is underway, marked by the six-weekly decision-making process of the Open Market Committee. Anticipation surrounds the outcome, although no significant changes are anticipated. Attention is focused on the language used, set to be released at 11:00 AM EDT on Wednesday. Speculation abounds regarding Federal […]

Expected Announcements Potential market moving announcements scheduled for this week:

Seems that everyone likes Warren Buffett & Berkshire Hathaway, is this a great time to buy? BRK/A (Class A Shares) commands a market price above $647,000, great for institutions, BRK/B (Class B Shares) sell for a little north of $400. BRK/B share price is just right for you and me but is it the right

Equity markets have responded positively to the recent inflation data, showing substantial gains that have extended throughout the week. The pessimistic crash risk scenario presented by short sellers in late October now appears distant, and overall sentiment has shifted following the latest Federal Open Market Committee (FOMC) meeting. Additionally, more convincing downward trends in inflation

Earnings top estimates but billings guidance misses expectations PANW has been building a base on the weekly chart between approximately $200 and $260 After todays action, the price is right in the middle of that range at about $240 as shown on the below chart. Because the weekly chart is still in an uptrend I

In a recent note, Goldman Sachs views commodities – especially gold – as worthy of some investment dollars at the present time. The Commodities ETF XLB is not showing much strength but GLD appears to have pulled back to an important support level at around $182 a share. I have a Real-Time Alert set for

In October, there was a notable deceleration in US inflation, a development that pleased the markets as a robust signal that the Federal Reserve has concluded its interest rate hikes. According to government data, the core consumer price index, excluding food and energy costs, rose by 0.2% from September. Economists often prefer this core gauge

Emirates Airlines announced a $52 billion order for 95 widebody jets of a variety of designs and the stock (BA) jumped today. Is the stock a buy at this point? Although the daily chart looks strong, more strength is needed on the weekly time frame to justify purchases – especially as a purchase today is

S&P 500 futures recently took a break after a strong 7% rise from October 27 to November 9. Despite achieving higher intraday highs for two days, the bulls couldn’t hold onto the gains, resulting in two consecutive red candles. However, the price remains above the 63-day Exponential Moving Average at approximately 4,359, and there are

Confirmation of a -1.4% move in 1st quarter GDP caused equity selling late in the week. What now? As was suspected for the last few months, a 1.4% shrinkage of the US GDP announcement caused serious equity selling on Friday. In addition to a reduction in GDP, many earnings announcements – even good ones –