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US Stocks May Cool As Trump Win-Fueled Rally Nears Potential Pause Amid Profit-Taking, Says Investment Bank: '...May Limit Further Upside'
Tuesday, November 12, 2024 - 8:43am | 552Citigroup Inc. forecasts a blip in the ongoing stock market rally, which has been unfolding since the U.S. presidential elections. As per the strategists at Citigroup, the rally fueled by Donald Trump‘s return to the White House will lose steam as investors start to book profits. What...
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CIA Could Be Politicized Under Trump, With Loyalists Eyeing Key Intel Roles
Saturday, November 9, 2024 - 2:19pm | 543As Donald Trump prepares for a possible second term, former intelligence officials and lawmakers are raising alarms about the future of the U.S. intelligence community under his leadership. With Trump’s history of contentious relationships with spy agencies, critics worry that the President-...
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Elon Musk Weighs In On House Judiciary GOP's Twitter Poll About Warrantless Spying By FBI And President Biden: 'Let's See What The Public Thinks'
Friday, April 12, 2024 - 2:08am | 567Tesla and SpaceX CEO Elon Musk has weighed in on a buzz-worthy poll conducted by the House Judiciary GOP on X, formerly Twitter. What Happened: The House Judiciary GOP’s handle on Thursday posted a poll on X, asking, “Should Joe Biden and the FBI be able to spy on you without a warrant...
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SPY Next Higher Target $510
Thursday, February 8, 2024 - 3:19pm | 621We had everything aligned yesterday for today and today was a good day. Bull market, short term up, all good. Today's close was less good. I don't think there's much to do with that except that not gun it for tomorrow. More chance for bumps tomorrow but generally the market wants to go...
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Russia Laughs Off CIA's Attempt To Recruit Spies Via Social Media: 'VKontakte Is Much More Popular Here Than The Banned X'
Wednesday, January 24, 2024 - 1:43am | 538The Kremlin has dismissed the CIA’s recent attempt to recruit Russian spies through social media, calling it a futile endeavor. What Happened: Russian spokesperson, Dmitry Peskov, on Tuesday, mocked the CIA’s effort to attract Russian spies via social media, reported Politico. “...
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Social Security Is Increasing: Here's How Much More You'll Get If You Qualify
Thursday, October 12, 2023 - 2:31pm | 466People who receive Social Security benefits will see another cost of living boost of 3.2% to their payments in 2024, bringing the average monthly payment to $1,907 from $1,848 this year. The adjustment is designed to help retirees deal with higher inflation in things like energy costs and groceries...
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Bears Rejoice, Halting The S&P 500's 5-Week Winning Streak: Is A Landing To 4,200 Now In Sight?
Friday, June 23, 2023 - 12:38pm | 611A five-week streak of advances that recently took the S&P 500 index from 4,100 points to a high of 4,450 points, is set to end on Friday. That is, unless, we see remarkable bullish backlashes in the final trading hours of the week. The index, the top 500 American corporations tracked by the...
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Russia Tried To Assassinate CIA Spy In 2020 But Failed Miserably: NYT
Tuesday, June 20, 2023 - 7:20am | 496Russia reportedly made a bold but unsuccessful attempt to assassinate a valuable CIA informant in Miami. What Happened: Moscow tried killing Alexander Poteyev, a former colonel in Russia’s Foreign Intelligence Service, who played a significant role in assisting U.S. authorities in...
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China's Spy Base In Cuba: Biden Administration Sheds Light On Global Intelligence Expansion
Sunday, June 11, 2023 - 11:12am | 398A Biden administration official has disclosed that China has maintained a spy base in Cuba since at least 2019 as part of its worldwide initiative to enhance intelligence collection capabilities. According to a report by The Wall Street Journal, the senior official stated that the U.S....
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Potential 'False Breakout' Looms For S&P 500 Despite Reaching Bull Market Region, Says Top Wall Street Analyst
Monday, May 22, 2023 - 9:31am | 643The S&P 500 Index may have reached the finish line of the rally that started in October 2022, after breaking above the 4,200 threshold last week. That's the opinion of Morgan Stanley's Equity Strategist Michael Wilson, who sees no evidence of a fresh bull market for the...
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Goldman Sachs Expects One Last Fed Hike in May But Warns About High Rates For Longer
Monday, May 1, 2023 - 2:49pm | 447Goldman Sachs U.S. Economist David Mericle expects the Federal Reserve will raise rates by 25 basis points for one last time in May and keep them sticky high for a long time. In a note published last Friday, Goldman Sachs anticipated interest rates would remain unchanged in June...
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These 2 Gambling ETFs Are Outperforming S&P 500 In 2023: Top Stocks In Betting Industry
Wednesday, April 26, 2023 - 10:24am | 947The first four months of 2023 proved to be very positive for gambling stocks. Two of the most popular ETFs that invest in companies operating in the gambling industry have both outperformed the SPDR S&P 500 ETF Trust (ARCA: SPY), which replicates the S&P 500 Index. As of...
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Labor Market Is Cooling: ADP Job Growth Misses Expectations. Here's How Fed Rate Bets And Markets Are Reacting
Wednesday, April 5, 2023 - 9:14am | 446The market got another hint of labor market weakness in the United States on Wednesday, as Automatic Data Processing, Inc. (ADP) reported 145,000 jobs added by private companies in March 2023, down from 261,000 in February and significantly below forecasts of 200,000. According to ADP Chief...
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A Plain And Simple Dip-Buying Strategy On The S&P 500 Would Have Beaten Many Hedge Funds In 2023
Thursday, March 30, 2023 - 11:49am | 466The year 2023 is on track to be the second-best year ever for the dip-buying strategy, which involves acquiring a stock or index after its price has fallen. The S&P 500 index, which is fully replicated by the SPDR S&P 500 ETF Trust (ARCA: SPY) posted an average of 0.3% in sessions following...
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The SPY Weathers The Biggest Earnings Of The Season: Here's What's On The Horizon
Friday, February 3, 2023 - 1:15pm | 756The SPDR S&P 500 (NYSE: SPY) gapped down 1.25% on Friday after a big bullish day on Thursday saw the market ETF rally 1.46% from the previous day’s closing price. Thursday hosted the most anticipated after-hours earnings session of the season, with mega-tech companies Apple, Alphabet and...