#FRESHFORECAST
#RTX #Stocks 🇺🇸 RTX Corp. (RTX) shares are currently priced around $82.60.
In early fall, a flaw was identified in aircraft engines from Pratt & Whitney, a division of the corporation. This led major A320-operating airlines to conduct tests on a portion of their fleets. Pratt & Whitney is actively monitoring the situation, expressing confidence that not all A320 aircraft are affected, mitigating potential significant losses.
📰 Despite these challenges, RTX maintains financial stability, evident in the regular payment of dividends, annually adjusted. The board of directors has approved a dividend of $0.59 per share on December 14, equating to a quarterly yield of 2.93%. Additionally, RTX has initiated a new $10 billion share repurchase program, funded through a mix of short-term and long-term debt.
📈 Analysts are optimistic, recommending the purchase of RTX shares with a target price of $90.
#StockMarket #Investing
#RTX #Stocks 🇺🇸 RTX Corp. (RTX) shares are currently priced around $82.60.
In early fall, a flaw was identified in aircraft engines from Pratt & Whitney, a division of the corporation. This led major A320-operating airlines to conduct tests on a portion of their fleets. Pratt & Whitney is actively monitoring the situation, expressing confidence that not all A320 aircraft are affected, mitigating potential significant losses.
📰 Despite these challenges, RTX maintains financial stability, evident in the regular payment of dividends, annually adjusted. The board of directors has approved a dividend of $0.59 per share on December 14, equating to a quarterly yield of 2.93%. Additionally, RTX has initiated a new $10 billion share repurchase program, funded through a mix of short-term and long-term debt.
📈 Analysts are optimistic, recommending the purchase of RTX shares with a target price of $90.
#StockMarket #Investing
📈 Indices aim to continue their upward momentum, testing resistances...
#Market #Trading #Indices
🏛 What's happening in the market today? For more #freshupdate:
🔙 In the previous trading day, indices showed efforts to sustain positive dynamics, approaching local resistance levels and channel boundaries. The SPX index attempted growth, testing resistance at 4610 and the upper channel boundary. The NQ index also tried to continue its upward movement, successfully breaking through the boundaries of the inclined channel and testing the level of 16117.
🔆 Today, it's crucial for indices to maintain positions above local support levels at 15700 for NQ and 4500 for SPX to prevent a pullback from current levels and ensure the possibility of further growth upon surpassing the nearest levels at 16100 for NQ and 4610 for SPX.
🔎 What factors is the market currently focused on?
(1) China's inflation index dropped at the fastest pace in three years.
(2) Traders await data on inflation in the U.S. and the Federal Reserve's meetings later this week.
#Inflation #FinancialMarkets #Economy
📊 Sectors
Among cyclical sectors, XLE performed the best, bouncing back from local lows. ITA, XLF, and XLY attempted to continue growth in line with the market, while XLRE pulled back and showed less stability.
Among growing sectors, MJ, IPO, XLK, SOXX, and SKYY demonstrated growth, confirming local highs. Meanwhile, IBB and TAN retreated and were less successful.
Among defensive sectors, XLP showed a decline in relative strength compared to the market, testing lows, while XLV and XLU also lagged, showing more stable dynamics.
#Sectors #FinancialMarkets #Trading
💼 Stock News
(+) TSLA, RIVN - Piper Sandler highlights growth prospects for the electric vehicle sector.
(+) GOOGL - The launch of Google Gemini promises a successful 2024 for the company, according to Citi.
(+) BA - Boeing has modified a contract with USSOCOM worth $271.22 million.
(+) BA - China expresses interest in strengthening cooperation with Boeing.
(=) SBUX - Starbucks is ready to resume union negotiations in 2024.
(=) AAPL - Head of iPhone and smartwatch design at Apple is stepping down.
(+) AAPL - Production of iPads by Apple may be moved to Vietnam from China.
(+) MU - Micron reaches a labor agreement with the union at its Idaho plant worth $15 billion.
(=) AVGO - 2024 could be challenging for Broadcom, but Wall Street expects growth in the second half of the year.
(+) QRVO - Qorvo's rating is raised by Morgan Stanley; ratings for Qualcomm and Lam Research are lowered.
#Stocks #Exchange #FinancialNews
🌐 Intermarket Analysis
Oil continues attempts at a local recovery, overcoming inclines and approaching a test of the $72.6 level.
Yield also tries to move upward, approaching the 50-day moving average and incline boundaries.
VIX continues to decline, attempting to refresh lows at the 12.5 level.
Gold continues its correction, moving toward the lower boundary of the ascending channel and the $2000 level.
#GlobalMarkets #Oil #Yield #Gold #FinancialMarkets
🗣 Market Discussions
Stocks are rising on the "liquidity rally," and it is expected they will reach new highs in 2024, according to Fundstrat.
Tom Lee of Fundstrat suggests that stocks will reach new record highs in 2024.
This is tied to the Federal Reserve transitioning to a less restrictive monetary policy, paving the way for a "liquidity rally" in the market.
Lee claims that the S&P 500 index could rise to 5200 by the end of 2024, anticipating potential growth of 13% compared to current levels.
This is associated with expectations of a possible reduction in Fed interest rates next year, as inflation in the economy continues to show a weakening trend.
"The Fed is no longer waging an inflation war but is really transitioning to business cycle management — these are huge changes," says Lee.
#FinancialMarkets #Stocks #Fundstrat #Fed #Liquidity #Forecasts
#Market #Trading #Indices
🏛 What's happening in the market today? For more #freshupdate:
🔙 In the previous trading day, indices showed efforts to sustain positive dynamics, approaching local resistance levels and channel boundaries. The SPX index attempted growth, testing resistance at 4610 and the upper channel boundary. The NQ index also tried to continue its upward movement, successfully breaking through the boundaries of the inclined channel and testing the level of 16117.
🔆 Today, it's crucial for indices to maintain positions above local support levels at 15700 for NQ and 4500 for SPX to prevent a pullback from current levels and ensure the possibility of further growth upon surpassing the nearest levels at 16100 for NQ and 4610 for SPX.
🔎 What factors is the market currently focused on?
(1) China's inflation index dropped at the fastest pace in three years.
(2) Traders await data on inflation in the U.S. and the Federal Reserve's meetings later this week.
#Inflation #FinancialMarkets #Economy
📊 Sectors
Among cyclical sectors, XLE performed the best, bouncing back from local lows. ITA, XLF, and XLY attempted to continue growth in line with the market, while XLRE pulled back and showed less stability.
Among growing sectors, MJ, IPO, XLK, SOXX, and SKYY demonstrated growth, confirming local highs. Meanwhile, IBB and TAN retreated and were less successful.
Among defensive sectors, XLP showed a decline in relative strength compared to the market, testing lows, while XLV and XLU also lagged, showing more stable dynamics.
#Sectors #FinancialMarkets #Trading
💼 Stock News
(+) TSLA, RIVN - Piper Sandler highlights growth prospects for the electric vehicle sector.
(+) GOOGL - The launch of Google Gemini promises a successful 2024 for the company, according to Citi.
(+) BA - Boeing has modified a contract with USSOCOM worth $271.22 million.
(+) BA - China expresses interest in strengthening cooperation with Boeing.
(=) SBUX - Starbucks is ready to resume union negotiations in 2024.
(=) AAPL - Head of iPhone and smartwatch design at Apple is stepping down.
(+) AAPL - Production of iPads by Apple may be moved to Vietnam from China.
(+) MU - Micron reaches a labor agreement with the union at its Idaho plant worth $15 billion.
(=) AVGO - 2024 could be challenging for Broadcom, but Wall Street expects growth in the second half of the year.
(+) QRVO - Qorvo's rating is raised by Morgan Stanley; ratings for Qualcomm and Lam Research are lowered.
#Stocks #Exchange #FinancialNews
🌐 Intermarket Analysis
Oil continues attempts at a local recovery, overcoming inclines and approaching a test of the $72.6 level.
Yield also tries to move upward, approaching the 50-day moving average and incline boundaries.
VIX continues to decline, attempting to refresh lows at the 12.5 level.
Gold continues its correction, moving toward the lower boundary of the ascending channel and the $2000 level.
#GlobalMarkets #Oil #Yield #Gold #FinancialMarkets
🗣 Market Discussions
Stocks are rising on the "liquidity rally," and it is expected they will reach new highs in 2024, according to Fundstrat.
Tom Lee of Fundstrat suggests that stocks will reach new record highs in 2024.
This is tied to the Federal Reserve transitioning to a less restrictive monetary policy, paving the way for a "liquidity rally" in the market.
Lee claims that the S&P 500 index could rise to 5200 by the end of 2024, anticipating potential growth of 13% compared to current levels.
This is associated with expectations of a possible reduction in Fed interest rates next year, as inflation in the economy continues to show a weakening trend.
"The Fed is no longer waging an inflation war but is really transitioning to business cycle management — these are huge changes," says Lee.
#FinancialMarkets #Stocks #Fundstrat #Fed #Liquidity #Forecasts
The Dow Jones index has entered a consolidation phase, aligning with the S&P 500 and Nasdaq 100, for almost two and three weeks, respectively. This could indicate consolidation before a breakout to new highs, but there are more chances that we are witnessing signs of growth exhaustion.
The Dow Jones index is currently trading only 0.8% below the record close in December 2021 and 2% below the all-time high, having gained nearly 12% during the rally over the last five weeks. The rapid ascent led to the RSI on daily charts exceeding 80, indicating an overbought condition. While entering this territory sometimes triggers even more aggressive rallies, signaling extreme investor greed, this time a different pattern seems to be emerging.
On Monday and Tuesday, the Dow Jones index showed a slow decline. The S&P 500 and Nasdaq 100, broader stock indices, did not join the upward movement and continued to consolidate near recent highs.
The behavior of the currency market is equally important, with the dollar gaining since late November, typically considered a bearish factor for the stock market. However, the Dow Jones index, contrary to simple logic, has accelerated its ascent in recent days.
This movement resembles an active short position liquidation. A ruthless analogy to such liquidations was observed in gold with the capitulation peak on December 1st. A reverse situation was seen in April 2020 with negative oil futures prices.
Technically, from current levels, it seems more comfortable to take a bearish stance on Dow Jones, anticipating a potential 5% decline rather than an equivalent increase. Fundamentally, it is also challenging to justify buying stocks, given the expectations that the Federal Reserve will cut rates by 150 basis points over the next year while the final demand and corporate profits remain equally strong. #Finance #Stocks #Market #Investments
The Dow Jones index is currently trading only 0.8% below the record close in December 2021 and 2% below the all-time high, having gained nearly 12% during the rally over the last five weeks. The rapid ascent led to the RSI on daily charts exceeding 80, indicating an overbought condition. While entering this territory sometimes triggers even more aggressive rallies, signaling extreme investor greed, this time a different pattern seems to be emerging.
On Monday and Tuesday, the Dow Jones index showed a slow decline. The S&P 500 and Nasdaq 100, broader stock indices, did not join the upward movement and continued to consolidate near recent highs.
The behavior of the currency market is equally important, with the dollar gaining since late November, typically considered a bearish factor for the stock market. However, the Dow Jones index, contrary to simple logic, has accelerated its ascent in recent days.
This movement resembles an active short position liquidation. A ruthless analogy to such liquidations was observed in gold with the capitulation peak on December 1st. A reverse situation was seen in April 2020 with negative oil futures prices.
Technically, from current levels, it seems more comfortable to take a bearish stance on Dow Jones, anticipating a potential 5% decline rather than an equivalent increase. Fundamentally, it is also challenging to justify buying stocks, given the expectations that the Federal Reserve will cut rates by 150 basis points over the next year while the final demand and corporate profits remain equally strong. #Finance #Stocks #Market #Investments
📈 Indices continue moving towards highs, maintaining growth near levels of 2021-2023. #market #finance
🔍 What happened in the last trading day? SPX and NQ continued their upward trend, approaching levels of 4655 and 16600 respectively. #trading #stocks
🔆 Today, it's crucial to hold positions above support levels (16000 for NQ, 4560 for SPX) to prevent a pullback and ensure the possibility of further growth. #investing #stockmarket
📊 What's on the market's radar?
1. The Federal Reserve's meeting today.
2. Xi Jinping disappoints investors.
3. The dollar remains stable.
4. Traders closely watching Powell's signals regarding policy. #economy #financialnews
💼 Stock News:
- MSFT develops an innovative AI model.
- SNAP attracts 7 million new subscribers.
- NKE leads in clothing production according to Goldman. #stocks #marketnews
🌐 Intermarket Analysis:
- Oil is declining, approaching levels from the summer of 2023.
- Yield moves along the borders of a sloping channel (4.2%).
- VIX is decreasing towards 2019 levels.
- Gold tests the lower boundary of the growing channel. #globalmarkets #marketanalysis
🗣 Market Discussed Topics:
- The Fed is not ready for rate cuts.
- Expectations of maintaining interest rates at a stable level.
- The Federal Open Market Committee will keep rates in the range of 5.25%-5.5%. #fedreserve #economicnews
🔍 What happened in the last trading day? SPX and NQ continued their upward trend, approaching levels of 4655 and 16600 respectively. #trading #stocks
🔆 Today, it's crucial to hold positions above support levels (16000 for NQ, 4560 for SPX) to prevent a pullback and ensure the possibility of further growth. #investing #stockmarket
📊 What's on the market's radar?
1. The Federal Reserve's meeting today.
2. Xi Jinping disappoints investors.
3. The dollar remains stable.
4. Traders closely watching Powell's signals regarding policy. #economy #financialnews
💼 Stock News:
- MSFT develops an innovative AI model.
- SNAP attracts 7 million new subscribers.
- NKE leads in clothing production according to Goldman. #stocks #marketnews
🌐 Intermarket Analysis:
- Oil is declining, approaching levels from the summer of 2023.
- Yield moves along the borders of a sloping channel (4.2%).
- VIX is decreasing towards 2019 levels.
- Gold tests the lower boundary of the growing channel. #globalmarkets #marketanalysis
🗣 Market Discussed Topics:
- The Fed is not ready for rate cuts.
- Expectations of maintaining interest rates at a stable level.
- The Federal Open Market Committee will keep rates in the range of 5.25%-5.5%. #fedreserve #economicnews
Anticipated Changes in PMI USA: Decrease from 49.4 to 49.3
The expected decline in the Purchasing Managers' Index (PMI) of the United States, from 49.4 to 49.3, is generating interest in the financial world. PMI, a measure of business activity in the manufacturing sector, serves as a crucial economic indicator. The projected changes may have an impact on various financial instruments.
Hashtags:
#PMI #Economy #Finance #Stocks #Bonds #Currencies #Commodities #CentralBanks #Forecast #Indicator #FinancialMarkets
The expected decline in the Purchasing Managers' Index (PMI) of the United States, from 49.4 to 49.3, is generating interest in the financial world. PMI, a measure of business activity in the manufacturing sector, serves as a crucial economic indicator. The projected changes may have an impact on various financial instruments.
Hashtags:
#PMI #Economy #Finance #Stocks #Bonds #Currencies #Commodities #CentralBanks #Forecast #Indicator #FinancialMarkets
How We Use the Information Above
The Purchasing Managers' Index (PMI) is a crucial economic indicator that gauges business activity in the manufacturing sector. Derived from procurement managers' surveys, it offers insights into the current state of the industry. In the context of the United States, PMI USA reflects the manufacturing sector's situation in the country.
Measurement of PMI:
- PMI values typically range from 0 to 100.
- Values above 50 indicate expansion in production, while values below 50 signal contraction.
- Higher PMI values are considered indicative of favorable conditions in the manufacturing sector.
Impact of PMI on Financial Instruments:
1. Stocks:
- An increase in PMI can be seen as a positive signal for stocks, especially those concentrated in the manufacturing sector. Business activity growth may suggest promising profit prospects.
2. Bonds:
- Rising PMI may intensify demand for high-yield assets, potentially leading to a decline in bond prices, particularly fixed-income government bonds.
3. Currencies:
- PMI growth can strengthen the national currency, signaling economic stability and attractiveness to investors.
4. Commodities:
- Commodity markets, such as oil and metals, may react to changes in PMI as increased production can boost raw material demand.
5. Central Banks:
- Central bank decisions may hinge on PMI data. A stable economic growth (high PMI) might prompt central banks to consider raising interest rates to curb inflation.
Direct Correlations:
Direct correlations between PMI and financial instruments can be observed, especially in the short term. For instance, a sharp decline in PMI may lead investors to anticipate its impact on company profits, potentially triggering stock sell-offs and a shift toward risk-free assets like government bonds.
It's important to note that financial markets are complex, and many factors can influence their movements. PMI is just one indicator that should be considered in the context of other economic data and geopolitical events. #PMI #Economy #Finance #Stocks #Bonds #Currencies #Commodities #CentralBanks #Forecast #Indicator #FinancialMarkets
The Purchasing Managers' Index (PMI) is a crucial economic indicator that gauges business activity in the manufacturing sector. Derived from procurement managers' surveys, it offers insights into the current state of the industry. In the context of the United States, PMI USA reflects the manufacturing sector's situation in the country.
Measurement of PMI:
- PMI values typically range from 0 to 100.
- Values above 50 indicate expansion in production, while values below 50 signal contraction.
- Higher PMI values are considered indicative of favorable conditions in the manufacturing sector.
Impact of PMI on Financial Instruments:
1. Stocks:
- An increase in PMI can be seen as a positive signal for stocks, especially those concentrated in the manufacturing sector. Business activity growth may suggest promising profit prospects.
2. Bonds:
- Rising PMI may intensify demand for high-yield assets, potentially leading to a decline in bond prices, particularly fixed-income government bonds.
3. Currencies:
- PMI growth can strengthen the national currency, signaling economic stability and attractiveness to investors.
4. Commodities:
- Commodity markets, such as oil and metals, may react to changes in PMI as increased production can boost raw material demand.
5. Central Banks:
- Central bank decisions may hinge on PMI data. A stable economic growth (high PMI) might prompt central banks to consider raising interest rates to curb inflation.
Direct Correlations:
Direct correlations between PMI and financial instruments can be observed, especially in the short term. For instance, a sharp decline in PMI may lead investors to anticipate its impact on company profits, potentially triggering stock sell-offs and a shift toward risk-free assets like government bonds.
It's important to note that financial markets are complex, and many factors can influence their movements. PMI is just one indicator that should be considered in the context of other economic data and geopolitical events. #PMI #Economy #Finance #Stocks #Bonds #Currencies #Commodities #CentralBanks #Forecast #Indicator #FinancialMarkets
📊 The Impact of Eurozone CPI YoY on Various Financial Areas:
1. Currency Markets: The inflation level can influence the euro exchange rate. High inflation may prompt central banks to raise interest rates to curb inflationary pressures, making the euro more attractive to investors and increasing its value in the currency market. #CurrencyMarkets #Inflation #Euro
2. Bonds: Inflation affects the bond market. An increase in inflation can reduce the real value of bonds, especially those with fixed coupons. Investors typically demand higher bond yields to offset losses from inflation. #Bonds #InflationImpact #FinancialMarkets
3. Stocks: The impact of inflation on stock markets can be twofold. High inflation can negatively affect company profits and reduce their real value, impacting stock prices. However, under moderate inflation, rising prices for goods and services may contribute to increased company profits and, consequently, stock prices. #Stocks #InflationEffect #EquityMarkets
4. Gold and Commodities: Investors often view precious metals and commodities as protective assets against inflation. High inflation levels may boost demand for such assets, including gold. #Gold #Commodities #InflationHedge
5. Central Banks: Eurozone central banks may use CPI data to shape their monetary policies. High inflation levels may lead to interest rate hikes, while low inflation may prompt rate cuts. #CentralBanks #MonetaryPolicy #InflationData
It's important to note that the impact of the Consumer Price Index depends on the economic context, the overall direction of central bank policies, and other factors. Market reactions may vary over different time periods and depending on investor expectations. Stay informed to navigate the dynamic financial landscape. 📈💹 #FinancialAnalysis #MarketImpact #EconomicIndicators
1. Currency Markets: The inflation level can influence the euro exchange rate. High inflation may prompt central banks to raise interest rates to curb inflationary pressures, making the euro more attractive to investors and increasing its value in the currency market. #CurrencyMarkets #Inflation #Euro
2. Bonds: Inflation affects the bond market. An increase in inflation can reduce the real value of bonds, especially those with fixed coupons. Investors typically demand higher bond yields to offset losses from inflation. #Bonds #InflationImpact #FinancialMarkets
3. Stocks: The impact of inflation on stock markets can be twofold. High inflation can negatively affect company profits and reduce their real value, impacting stock prices. However, under moderate inflation, rising prices for goods and services may contribute to increased company profits and, consequently, stock prices. #Stocks #InflationEffect #EquityMarkets
4. Gold and Commodities: Investors often view precious metals and commodities as protective assets against inflation. High inflation levels may boost demand for such assets, including gold. #Gold #Commodities #InflationHedge
5. Central Banks: Eurozone central banks may use CPI data to shape their monetary policies. High inflation levels may lead to interest rate hikes, while low inflation may prompt rate cuts. #CentralBanks #MonetaryPolicy #InflationData
It's important to note that the impact of the Consumer Price Index depends on the economic context, the overall direction of central bank policies, and other factors. Market reactions may vary over different time periods and depending on investor expectations. Stay informed to navigate the dynamic financial landscape. 📈💹 #FinancialAnalysis #MarketImpact #EconomicIndicators
# Today: Consumer Confidence Index (CCI) in the USA
Every month, the Conference Board (CB) publishes the Consumer Confidence Index, measuring the confidence of consumers in the economy. This index is based on surveys of households, evaluating their perception of the current economic situation and expectations for the future.
## Impact on Financial Instruments:
1. Stocks
Increased consumer confidence can stimulate the rise of stock prices. Confident consumers are generally more inclined to consume, positively affecting company profits.
2. Consumer Loans
A rise in consumer confidence may contribute to increased consumer spending and loans, influencing the market for consumer credit and banking products.
3. Currency Market
Changes in the consumer confidence index can impact the currency market by affecting domestic demand and economic activity.
4. Bonds
With increased consumer confidence, investors may pay more attention to risky assets, potentially reducing demand for safe investments such as government bonds.
5. Consumer Companies
Companies directly linked to the consumer sector may be influenced by changes in the Consumer Confidence Index, affecting their shareholder value.
Investors and traders closely monitor the Consumer Confidence Index as it provides crucial insights into the current state of the economy and future trends in consumer demand. A proper understanding of these factors helps make more informed decisions in financial markets. #ConsumerConfidenceIndex #CCI #FinancialMarkets #Economy #Investments #Stocks #Loans #CurrencyMarket #Bonds #ConsumerCompanies #ConferenceBoard #Today'sInsights
Every month, the Conference Board (CB) publishes the Consumer Confidence Index, measuring the confidence of consumers in the economy. This index is based on surveys of households, evaluating their perception of the current economic situation and expectations for the future.
## Impact on Financial Instruments:
1. Stocks
Increased consumer confidence can stimulate the rise of stock prices. Confident consumers are generally more inclined to consume, positively affecting company profits.
2. Consumer Loans
A rise in consumer confidence may contribute to increased consumer spending and loans, influencing the market for consumer credit and banking products.
3. Currency Market
Changes in the consumer confidence index can impact the currency market by affecting domestic demand and economic activity.
4. Bonds
With increased consumer confidence, investors may pay more attention to risky assets, potentially reducing demand for safe investments such as government bonds.
5. Consumer Companies
Companies directly linked to the consumer sector may be influenced by changes in the Consumer Confidence Index, affecting their shareholder value.
Investors and traders closely monitor the Consumer Confidence Index as it provides crucial insights into the current state of the economy and future trends in consumer demand. A proper understanding of these factors helps make more informed decisions in financial markets. #ConsumerConfidenceIndex #CCI #FinancialMarkets #Economy #Investments #Stocks #Loans #CurrencyMarket #Bonds #ConsumerCompanies #ConferenceBoard #Today'sInsights
S&P 500 Market Overview for Today
Today, the S&P 500 shows confident growth, continuing the trend from last week. Investors are awaiting today's ISM Manufacturing Index data, which could provide a new impetus to the market. Trading recommendation: Consider buy orders at the current price levels.
#SP500 #stocks #marketanalysis #trading
Today, the S&P 500 shows confident growth, continuing the trend from last week. Investors are awaiting today's ISM Manufacturing Index data, which could provide a new impetus to the market. Trading recommendation: Consider buy orders at the current price levels.
#SP500 #stocks #marketanalysis #trading