Morning Report 16 Aug 24: S&P 500 and Nasdaq indexes notch six-day winning streak

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  • เผยแพร่เมื่อ 10 ก.ย. 2024
  • Morning Report 16 Aug 24: S&P 500 and Nasdaq indexes notch six-day winning streak

    US sharemarkets jumped on Thursday after readings on US retail spending and unemployment benefits, allayed fears of an imminent recession in the world's largest economy. Retail bellwether Walmart added 6.6% after raising its annual profit forecast for the second time this year as Americans flocked to its stores for inexpensive essentials. Cisco Systems rose 6.8% after it forecast better-than-expected first-quarter revenue and said it was cutting 7% of its global workforce. Nike climbed 5.1% as billionaire investor William Ackman built new stakes in the sportswear company. Ulta Beauty jumped 11.2% after Warren Buffett's Berkshire Hathaway acquired a stake in the cosmetics store chain. The Dow Jones index rose by 555 points or 1.4%. The S&P 500 index gained 1.6% and the Nasdaq index added 402 points or 2.3%, both notching six-day winning streaks.
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ความคิดเห็น • 12

  • @BaileyJames-zv2ddd
    @BaileyJames-zv2ddd 25 วันที่ผ่านมา +11

    No one talks about volume, but everyone is obsessed with price patterns. I’ve been expanding my resources and think mastering volume with price action really does help with technical analysis!

    • @surf_ingind
      @surf_ingind 25 วันที่ผ่านมา

      Hello can you tell me what do you look for in volume analysis?

    • @BaileyJames-zv2ddd
      @BaileyJames-zv2ddd 25 วันที่ผ่านมา

      Historical Volume, Price Movements, Support and Resistance, etc.. Pay attention to volume when a stock approaches key support or resistance levels. It is also crucial to understand market movements, i got some great help from my advisor on this, which really boosted my experience

    • @LouisMorganxb3
      @LouisMorganxb3 25 วันที่ผ่านมา

      Totally i agree with you pal! game changing strategy right there

    • @BAYBABY_SITTER
      @BAYBABY_SITTER 25 วันที่ผ่านมา

      How do one go about an advisor? I could use more insight

    • @BaileyJames-zv2ddd
      @BaileyJames-zv2ddd 25 วันที่ผ่านมา

      There are many out there. “ Leah Foster Alderman”; for example is very experienced and consistent. I go with her

  • @md.rafiul.ahasan
    @md.rafiul.ahasan 26 วันที่ผ่านมา

    Easy money whoever invested early this month.

  • @Jung1981giggles
    @Jung1981giggles 26 วันที่ผ่านมา +1

    Happy Friday peeps

  • @nazoabdallaah6962
    @nazoabdallaah6962 25 วันที่ผ่านมา

    🤙

  • @Jung1981giggles
    @Jung1981giggles 26 วันที่ผ่านมา

    Her Friday

  • @unclenick1968
    @unclenick1968 26 วันที่ผ่านมา +1

    Up and then a little more sideways?