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S&P 500 extends gain to 1% as the rebound continues

S&P 500 extends gain to 1% as the rebound continues

SPX dailyIt's tough to pin down exactly what is driving the bid in equity markets today but the S&P 500 has extended the gain to 54 points, or 1.0%. It follows a 117 point gain on Friday.The AI momentum and meme trade isn't exactly driving it with both Nvidia and...

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The Importance of Patience in Trading

The Importance of Patience in Trading

Trading is simple: wait for the right moment, then take action. You have to make a certain amount of profit while following strict rules about risk. It's like being a sniper rather than shooting randomly – you wait for the perfect shot.Many new traders think more...

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Atlanta Fed GDPNow Q1 estimate -2.1% vs -1.6% prior

Atlanta Fed GDPNow Q1 estimate -2.1% vs -1.6% prior

The Atlanta Fed Q1 GDP tracker was lowered to -2.1% from -1.6% in the latest update.After this morning’s retail sales release, the nowcast for first-quarter real personal consumption expenditures growth declined from 1.1 percent to 0.4 percent.A week ago, the Atlanta...

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2025’s Top Five Tech Stocks So Far

2025’s Top Five Tech Stocks So Far

February saw a sharp selloff in tech stocks, catalyzed by chipmaker Nvidia, whose stock was battered after DeepSeek – the Chinese startup – released their new AI chatbot. When AI enthusiasm then waned, the tech sector suffered overall, and this was exacerbated by the...

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