Tag Archives: charts

Stocks have surged to record highs at the start of 2024. Inflation has moderated, the Federal Reserve looks set to cut interest rates, and the vaunted “soft landing” for the US economy is coming into view. The US economy and corporate America continue to prove resilient in the face of the Federal Reserve’s aggressive rate hikes. This optimism reflected in recent market action and the economic consensus serves as the central theme of the latest Yahoo Finance Chartbook, which brings together more… Source link

[unable to retrieve full-text content]Luxury housing market sees ‘steep’ deceleration: charts  Yahoo Finance Source link

This post was originally published on TKer.co Stocks ticked lower last week, with the S&P 500 declining 0.7%. The index is now up 10.9% from its October 12 closing low of 3,577.03 and down 17.3% from its January 3 closing high of 4,796.56. On Thursday, I had the privilege of speaking to a class taught by Greg Harmon, one of the savviest minds in trading. Harmon teaches financial markets at Case Western Reserve University’s business school. Below are some charts I shared with his class…. Source link

The bloodletting in big tech continues after a year of slowing sales and profits along with de facto valuation resets at the hands of an aggressive Federal Reserve. Meta said Wednesday it will slash 13% of its workforce as it looks to redirect resources to Mark Zuckerberg’s metaverse project and appease angry shareholders. Meta stock popped 8% on the news, paring the year-to-date decline to 69%. Meta was the top trending ticker on the Yahoo Finance platform through early afternoon. Meanwhile, a… Source link

Public discussion of “herd immunity” often treats it like an on-off switch: When the U.S. reaches herd immunity, the crisis will be over; until then, the country has little immunity from Covid-19. But that’s not right. Herd immunity is more like a light dimmer. The more people develop immunity — either from having been infected or from being vaccinated — the less easily the virus will spread. Nearly 30 percent of Americans have now had the virus, according to Youyang Gu, a data… Source link

(Bloomberg) — A hawkish Federal Reserve, high inflation, war and pestilence are among the reasons to doubt the U.S. stock market rebound. Technical studies suggest such naysayers risk missing out on a run to a record high. Most Read from Bloomberg Skeptics are presently fixated on proliferating inversions across the Treasury yield curve, where shorter-term yields exceed those for longer tenors. Some view that as a harbinger of an economic downturn that will hurt stocks. While bear markets tend… Source link

It’s been a bad start of the year for Bitcoin (BTC-USD), and 2022 could bring in a bit more pain.   While some bulls continue to forecast $100,000, one strategist doesn’t see that happening this year – or next. “Long term, I love cryptocurrency, I love Bitcoin. But the charts — and I’m a technician — are just not showing that,” Gareth Soloway, president and CFO of InTheMoneyStocks.com told Yahoo Finance Live. “Bitcoin for me, has a nasty head-and-shoulders pattern on it. Believe or not,… Source link

The gears powering the markets and the economy Lots of data made huge swings in 2021 as large swaths of the economy reopened, quickly sending the stock market and GDP to new record highs. As we look forward to the new year, there are two big-picture questions: Which positive trends will persist? And what are the opportunities for further growth? With that in mind, here are the charts to watch in 2022: 1: Jobs: There were 148.6 million workers employed through November, according to the BLS’s… Source link