News about Stocks

Wall Street ends higher for third straight session fueled by rate cut optimism. 📈 #StockMarket #WallStreet #RateCut www.zeebiz.com/markets/global-markets/news-us-stock-market-wall-street-closes-higher-for-third-session-on-rate-cut-optimism-288441

Stocks are a bubble and all the gains are multiple expansion is something we've heard a lot. Last year, yes, it was all about multiple expansion. But zoom out. Since 2020, the S&P 500 is up 70%, with 50% coming from earnings and 9% from divs. That tells a much different story. pic.twitter.com/1LB98e8PPY

Reminder #861 that higher volatility isn't what you want to see if you are bullish. Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500. For reference, 2022 saw this 26 times and stocks lost 20%. 2019 stocks were up 30% and it happened only 3 times.

The ISM Prices Paid Index reversal from below 45 to above 60 typically coincides with a rebound in the manufacturing sector, bolstering the stock market. pic.twitter.com/keQtKFQGno