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s&p 500

Are Rising Bond Rates Bad News for Stocks?

Rising stock prices is a magical eraser that removes a lot of worry for investors. However, it must be a curiosity to a lot of you how the Fed could start rate cuts and yet bond yields have moved higher…actually quite a bit higher. We will dive into this oddity today along with what it means for the market outlook and my year end S&P 500…
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Load Up on Small Cap Stocks!

The CPI inflation report Thursday morning was a nail in the coffin for the Mega cap only rally. This lower than expected inflation reading increases the odds of a Fed rate cut in September…and some thinking it may start as soon as end of July. This flipped the switch on the S&P 500 (SPY) leading to losses on the session while the rest of…
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SPY ETF Update, 10/14/2024  – TipRanks.com

How is SPY stock faring? The SPDR S&P 500 ETF Trust is up 1.16% in the past five days and has risen 34.72% over the past year. According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $633.03 implies an…
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Christmas in July for Stock Investors!

The Risk On rotation I prognosticated in last week’s commentary didn’t take long to come to fruition. That is because once the CPI report came in well under expectations on Thursday, investors quickly grasped that rate cuts will soon be on the way and it’s time to take profits on the Magnificent 7 type stocks and rotate it elsewhere. This…
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