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Interest Rates News and Commentary

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Tue, Jul 2nd, 2024
Stocks Post Moderate Gains as Powell Says Inflation is Receding

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.01%. Stock indexes Tuesday...

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
TSLA : 231.26 (+10.20%)
PARA : 10.72 (+5.72%)
ON : 72.92 (+5.41%)
AMD : 164.31 (+4.20%)
SMCI : 837.17 (+3.06%)
Stocks Mixed on Dovish Powell and Strong US Labor News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.13%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
TSLA : 231.26 (+10.20%)
PARA : 10.72 (+5.72%)
TYL : 509.00 (+1.90%)
PYPL : 58.97 (+2.01%)
VLO : 157.96 (-0.01%)
Stocks Slip on Carryover Weakness in European Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.07%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
LLY : 906.71 (-0.84%)
CRWD : 385.05 (-1.81%)
LEN : 143.61 (-1.59%)
DHI : 135.21 (-1.32%)
TOL : 111.21 (-1.00%)
Stocks Finish Higher on Strength in Mega-Cap Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.66%. Stock indexes on Monday...

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
AAPL : 220.27 (+1.62%)
AMZN : 200.00 (+1.42%)
MSFT : 459.28 (+0.56%)
TSLA : 231.26 (+10.20%)
MRK : 127.72 (-0.14%)
Stocks Waver on Higher Bond Yields and Weak US Economic News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
NCLH : 17.61 (-0.40%)
CCL : 17.56 (-0.85%)
RCL : 156.61 (+0.09%)
AMD : 164.31 (+4.20%)
ARM : 163.46 (+2.92%)
Stocks Mixed on Positive Corporate News and Weakness in Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.32%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
MRK : 127.72 (-0.14%)
SPR : 33.88 (-0.26%)
TFX : 211.25 (-0.09%)
^BTCUSD : 60,817.26 (-1.81%)
COIN : 227.51 (-2.51%)
The Fed, PMI's and Other Key Things to Watch This Week

This week we have a lot of things to keep an eye on. Earnings season is starting back up, there is a Holiday in the US on Thursday, and finally, there are several pieces of high-profile news to watch out...

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
Do Financial Markets Make Sense Heading Into July?

As we start another quarter for financial markets, let's take a look at how the pieces of the sector fit tougher.

ZNU24 : 109-155 (+0.01%)
$DXY : 105.71 (+0.03%)
$INX : 5,509.01 (+0.62%)
GCY00 : 2,329.20 (-0.02%)
CLQ24 : 83.24 (+0.52%)
ZCZ24 : 420-4 (-0.18%)
Bonus swing trade ideas for stocks and futures - Happy 4th July!

We present our entire swing ideas for a handful of stocks and futures into the calendar Q2 earnings kickoff

Stocks Erase Early Gains and End Lower on Rising Bond Yields

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes...

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-155 (+0.01%)
NKE : 76.04 (-1.03%)
LULU : 301.67 (-0.23%)
FL : 23.16 (+0.17%)
UAA : 6.44 (-1.08%)
EL : 105.87 (+0.46%)

Tweets @Barchart

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An ALL-TIME low number of stocks are outperforming the S&P 500 🚨 https://t.co/uz5sMa8vxY
Barchart
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Kraft Heinz $KHC formed a Death Cross for the first time since June 2023. The last one sent shares lower by almost 14% over the next 4 months. https://t.co/UG949zEWNY
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JUST IN 🚨: Secured Overnight Financing Rate jumps to 5.4%, the highest level in history https://t.co/ILywzTA181 https://t.co/M7i8gcvpTG
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Nvidia Insider Trading Alert 🚨 CEO Jensen Huang just sold $29.7 million worth of $NVDA shares, bringing his total to $184 million over the past three weeks. https://t.co/uPz8hIMHcx https://t.co/0tB1yR02dd
Barchart
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The Buffett Indicator (total value of all publicly-traded stocks/GDP) is approaching an all-time high and significantly higher than during the Dot Com Bubble and the Global Financial Crisis https://t.co/6f4BNTbaNP
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80% of global central banks are expected to cut rates by the end of the year. Will the Federal Reserve be one of them? 🤔 https://t.co/WN4CRdOPFS
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S&P 500 $SPX closes above 5,500 for the first time in history https://t.co/ANFcXPHyuz
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Tesla $TSLA 2.5 year downtrend being tested https://t.co/O1x9PPbUOy

Chart of the Day

Amazon.com Inc (AMZN)

The Chart of the Day belongs to the e-commerce company Amazon.com (AMZN) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature...
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