Dow Jones forecast: How will Disney earnings impact DIS stock?
Can Disney’s earnings provide a much-needed catalyst for the House of Mouse?
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Can Disney’s earnings provide a much-needed catalyst for the House of Mouse?
A quiet start to the new trading week as U.S stock markets closed mixed ahead of this week's FOMC and Q2 GDP data and earnings reports from U.S Mega Tech companies.
U.S stock markets are on track to lock in their worst first-half performance in decades. The S&P500 is currently down over 15% in the second quarter and on track to lock in an ~20% decline for the first half of the year.
The S&P500 closed 2.33% higher overnight in its first session this week as the Juneteenth long weekend provided a circuit breaker, allowing investors to regroup after U.S equity markets plunged over 10% the past two weeks.
Investors continued to adopt simple strategy of ‘if it moves, sell it’ overnight, seeing equities bonds and commodities move broadly lower.
U.S. yields have surged higher again this week to their highest level since May 2019, after Fed Chair Powell opened the door to a 50bp rate hike at the next FOMC meeting, causing fresh pain for global bond markets.
After 5-day of choppy yet sideways trading on Wall Street, momentum finally tipped its hand with a broad rally for US indices.
The minor gains on Wall Street may not look like much initially, but they become more impressive when compared to their initial losses of around -5%.
The S&P 500 Futures are facing a consolidation after they rebounded over 1% yesterday
After 20% decline in Q1, where next for S&P?
Looking at the sector performance, breadth, and historic precedents we believe the odds favor a retest of the lows at minimum...
The average estimate of economists surveyed is 1,500,000.
What actionable trading takeaways can we draw from 2008 for the current week?
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