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Schaeffer’s Midday Market Check Daily Newsletter
The Nasdaq Composite (IXIC) is clawing its way out of red territory this afternoon, as Big Tech attempts to rebound. The S&P 500 Index (SPX) has also pivoted higher despite rampant rate cut conce ... The Nasdaq Composite (IXIC) is clawing its way out of red territory this afternoon, as Big Tech attempts to rebound. The S&P 500 Index (SPX) has also pivoted higher despite rampant rate cut concerns, with investors now only pricing in a 51% chance of a quarter-point interest rate cut in Decembe ... Keep Reading
Bullish trader, betting on upside, bullish stock outlook, record highs
In a wide-ranging interview on the Money Life with Chuck Jaffe podcast this week, Schaeffer’s Senior Market Strategist, Matthew Timpane CMT delivered a clear message: the bears blew their chance ... In a wide-ranging interview on the Money Life with Chuck Jaffe podcast this week, Schaeffer’s Senior Market Strategist, Matthew Timpane CMT delivered a clear message: the bears blew their chance. With seasonal tailwinds in play and major technical levels holding, he believes the path of least ... Keep Reading
Walmart stock, WMT stock, WMT stock news
Blue-chip retail stock Walmart Inc (NYSE:WMT) is sliding today, after reports that CEO Doug McMillon is retiring in January after more than a decade in charge. John Furner, currently CEO of Walmart U. ... Blue-chip retail stock Walmart Inc (NYSE:WMT) is sliding today, after reports that CEO Doug McMillon is retiring in January after more than a decade in charge. John Furner, currently CEO of Walmart U.S., will succeed him on Feb. 1. At last check, WMT was down 1.7% at $100.83. The shares earlier dip ... Keep Reading
Semiconductor stocks, Chip stocks, CPU stocks, Microchip stocks
Shares of Applied Materials Inc (NASDAQ:AMAT) are down 2.3% to trade at $218.16 at last glance, brushing off better-than-expected results for the fiscal fourth-quarter. Weighing on the equity is a lac ... Shares of Applied Materials Inc (NASDAQ:AMAT) are down 2.3% to trade at $218.16 at last glance, brushing off better-than-expected results for the fiscal fourth-quarter. Weighing on the equity is a lackluster full-year revenue outlook as well as predictions of lower China spending amid U.S. curbs. Br ... Keep Reading