The Price Group of Steward Partners’ Post

I know the Fed does not care about the stock market. Yahoo is pushing the fact that the S&P 500 and NASDAQ finished again at record highs. BARELY! #cre #retwit #economy #FederalReserve Saw a stat yesterday that 4 stocks of the NASDAQ make up a majority of the gain for 2024. So we will see about rate cuts. https://lnkd.in/gwbCTKZ3

The chart below is of the tech-heavy Nasdaq 100 Index relative to the more diversified S&P 500 Index over the past month on a 30-minute chart. After extremely oversold conditions the last couple weeks in the largest stocks, we’re starting to see a slight bullish divergence on our momentum indicator highlighted below. A bullish divergence occurs when the price chart shows prices going down, but the momentum reading starts to turn up. This suggests that the short-term down trend may be losing steam as investors look for undervalued stocks to start buying. With quarterly earnings season in full effect, next week will once again be an action packed week of price action. As always, we’ll be paying extra close attention to these relative strength charts in the major market indexes so that we know which areas of the market investors are leaning into for Q3.

Will April Showers Bring Stock Market May Flowers? April stock market results are in and they are anything but rosy. The S&P 500, Nasdaq, and Dow were down 4.2%, 4.4% and 5% on the month. This ends a 5 month winning streak for the S&P and April was the worst performance for the Dow since September of 2022. At RWM we are proceeding cautiously as the market adjusts to "higher for longer" Fed rates in response to stubborn inflation.

This year, the US stock market had a couple of dips that rattled investors. We celebrated April Fool's day with a 5.7% decline from April 1 to April 19. The other was just over a month ago, when stocks dropped about 8.5% from July 17 to August 5. (Measured by the Russell 3000 Index.) But here’s the thing: despite those drops, the US market has actually done really well this year. By the end of August, the Russell 3000 Index was up 17.1%. The key takeaway? Don’t freak out during a market decline. 🧘♀️ Since 1979, the Russell 3000 had a drop of at least 10% in 25 out of the last 45 years. 17 of those 25 years still ended up in the green by year-end!

S&P 500, Nasdaq surge as wild week on Wall Street continues - https://lnkd.in/gXniKMYX Stocks have whipsawed this week as the yen carry trade unwound, recession fears rose, and volatility ran rampant in the market.But under the surface, the long-term case for stocks has continued to come in strong this quarter, fueling the bull case for stocks per some on Wall Street. S&P

Will the January Barometer come through? A positive January has historically been a bullish sign for stocks. In LPL's weekly market commentary, they assess the likelihood that the stock market delivers more gains for investors this year. https://lnkd.in/gfk2adN7 #stock #market #srpretirementgeeks

S&P 500 Hits Fresh Record 📈 Here's What's Moving the Market Stocks edged higher on Friday as the S&P 500 notched a fresh record above 5,100, extending its recent rally https://lnkd.in/e62fsQci #SP500 #stockmarket #stockstowatch #investing

📉 Market Update: Stocks Slide as Rate Cut Hopes Fade 📉 Today, major indices like the Dow, S&P 500, and Nasdaq are seeing declines as investors rethink their rate cut expectations. Here's what's driving the shift: 📊 Investors are recalibrating after recent Fed comments. 📈 Rate cut bets are cooling off amid stronger economic data. 🌍 Global market uncertainty continues to influence U.S. stocks. Stay informed on how these trends might impact your investment strategy. #MarketUpdate #Investing #FinanceNews #StockMarket #EconomicTrends Read more: https://lnkd.in/gSthUqGm

Will the January Barometer come through? A positive January has historically been a bullish sign for stocks. In LPL's weekly market commentary, they assess the likelihood that the stock market delivers more gains for investors this year.    https://lnkd.in/g8JrusrF   #stock #market #srpretirementgeeks