To The Moon

Last Week's RecapThe US Market - The Dow advanced 3.7%The stock market rally showed strong, broad-based gains, as a tame CPI inflation report sent Treasury yields tumbling. Strong earnings from major banks also boosted stocks last week.The three major averages posted their first weekly gain of the new year with the Dow and S&P 500 advancing 3.7% and 2.9%, respectively. Both indexes posted their biggest weekly advance since the week of the U.S. presidential election in November.Two key inflation reports showed that inflationary pressures softening somewhat. December CPI reading met the expectations, while the core inflation rose less than expected year on year. The PPI also had a smaller-than-anticipated increase for December.A new meme coin called “Official Trump” (TRUMP), announced on

Last Week's RecapThe US Market - The Treasury yield surgedThe major indexes posted back-to-back weekly losses, with the S&P 500 off 1.94% and the Nasdaq down 2.34%. The 30-stock Dow slid nearly 1.86% on the week.U.S. payrolls grew by 256,000 jobs in December. Economists polled by Dow Jones expected an addition of 155,000 jobs. The unemployment rate, which was projected to remain at 4.2%, fell to 4.1% during the month.The yield on the 10-year Treasury note spiked to its highest level since late 2023. Growth stocks that could be hurt the most if a spike in rates causes investors to get more conservative led the session’s losses. Small-cap stocks also sensitive to borrowing rates, with the Russell 2000 index losing more than 3%.Stocks took another leg lower on Friday after the University

Last Week's RecapThe US Market - A shaky start to the new yearWhile the major averages continued to pull back on the first trading day of 2025. They lost three consecutive days at the end of 2024. The broad rally occurred on Friday, led by some of last year's winners. However, the rally was not enough to make the major averages winners over the holiday-shortened week. The S&P 500 finished the week down 0.48%.Investors shouldn’t worry about the S&P 500′s negative start to 2025, The first trading day has been a very poor guide to the rest of the year in recent times, so we shouldn’t extrapolate things too far, according to Deutsche Bank.The market cooled in the final weeks of 2024, but the averages are still not too far from record highs after a strong year for Wall Street. For Decem

Last Week's RecapThe US Market - The major indexes rebounded for Christmas rallyThe major indexes slightly rebounded from the prior week's sell-off in the holiday-shortened week. A rise in Treasury yields may have pressured equities. The yield on the benchmark 10-year Treasury rose to 4.627% after the rate hit its highest level since May in the previous session.The small-cap Russell 2000 lost more than 8% since December. The benchmark is now on track for its worst month since September 2022.Equities saw the biggest outflows the week of Dec.16-Dec. 20 with investors yanking more than $35 billion, the biggest exodus since December 2022, according to data from Bank of America.U.S. retail sales excluding auto rose 3.8% in Nov. 1-Dec. 24 vs. a year earlier, according to Mastercard SpendingPulse

Last Week's RecapThe US Market - A big Sell-off weekThe major indexes bounced on Friday to close out a tough week that saw a sell-off on Fed day with a hawkish outlook. The Fed’s indication of just two cuts next year, instead of the four it originally forecast, was the catalyst for the decline.The 30-stock Dow ended a 10-day losing streak, snapping its longest decline in 50 years. The S&P 500 fell almost 2% for the week, while the Nasdaq was off by about 1.8%. The S&P 500, Dow Jones and Russell 2000 fell through their 50-day lines and the Nasdaq fell below the 20-day line. Treasury yields hit five-month highs.November’s PCE — the Federal Reserve’s preferred inflation metric — increased 2.4% year over year. That was a tad less than economists expected and helped defuse some of the b

Last Week's RecapThe US Market - $.SPX(.SPX)$ and $Dow Chemical(DOW)$ declinedThe benchmark index slid 0.64% last week to end a three-week winning streak, while the Dow posted a 1.8% decline and fell for seven consecutive days. However, the tech-heavy $.IXIC(.IXIC)$ secured its fourth consecutive week of gains.Two big inflation reports sealed the deal for a Fed rate cut on December FOMC, even as some results pointed to a stronger growth backdrop. The headline CPI rose 2.7% yoy and core CPI rose 3.3% yoy, both met the expectations. The overall PPI rose 3% from the year prior, above what economists had projected. And the Core PPI was also upward revised.“Alternatin

Last Week's RecapThe US Market - The S&P 500 and Nasdaq refreshed new highsThe S&P 500 and Nasdaq freshed their records on Friday after November jobs data came in slightly better than expected. The S&P 500 and Nasdaq notched third straight positive week, rising 0.96% and 3.34%, respectively. The Dow slipped 0.6% during the period.The November labor report, released Friday morning, revealed that nonfarm payrolls increased by 227,000 last month, above the Dow Jones estimate of 214,000 and marking a huge hike from October’s upwardly revised gain of 36,000. The unemployment rate nudged up to 4.2%, as expected.Following the not-too-hot, not-too-cold unemployment data, fed funds futures trading data reflected an 85% likelihood of another rate cut in two weeks, according to the CME Gr

Last Week's RecapThe US Market - The Dow and S&P 500 notched their best month of 2024The Dow and S&P 500 rose to new heights on Friday amid a shortened trading day that capped a strong month for the stock market.November trading largely centered on the post-election rally seen on the back of President-elect Donald Trump's victory. The Dow and S&P 500 notched their best month of 2024.The Dow added 7.5% in November while the S&P 500 and Nasdaq Composite each advanced more than 5% and 6%, respectively. The small cap-focused Russell 2000 surged 10.8% in November as investors saw the group benefiting from Trump’s potential tax cuts. The S&P 500 was up more than 26% in 2024, on track for its best year since 2021.The US Sectors & Stocks - TSLA was the top performerAll S&am

Last Week's RecapThe US Market - The Dow closed at a recordThe Dow closed at a new record on Friday, capping off a winning week for stocks, while the S&P and Nasdaq each added about 1.7%. Small-cap stocks also showed strength last week, with the Russell 2000 climbing 4.5%.Investors shift exposure from tech to names in other cyclical sectors of consumer discretionary, industrials, and financials, as well as mid- and small-cap stocks.The dollar index hit a high of 108.071 on Friday, just slightly below the 108.44 level touched in November 2022.On Thursday, SEC Chair Gary Gensler announced he will be stepping down on Jan. 20, and bitcoin quickly rose to nearly $100,000 per coin for the first time ever.The US Sectors & Stocks - Citron Research shorted MSTRAll S&P 500 sectors closed

Last Week's RecapThe US Market - The Trump trade fadedThe major averages touched fresh highs on Monday, but the upward momentum saw slowing. The S&P 500 posted a weekly loss of 2.1%, while the Nasdaq Composite slid about 3.2%, with the Trump trade fading.Fed Chairman Powell said on Thursday that the central bank wasn’t “in a hurry” to cut interest rates. He noted that the economy’s strong growth will permit policymakers to take their time as they decide the extent to which they reduce rates. Treasury yields rose solidly, to four-month highs, while USD index once reached 107 intraday.“While we think the macro backdrop still bodes well for risk assets, in the near term we should expect some micro volatility, particularly around potential policy shifts under a new administration,” said Kr