S&P 500 Recoups Prior Day Losses Amid Record Highs Boosted by Investor Optimism

S&P 500 Recoups Prior Day Losses Amid Record Highs Boosted by Investor Optimism

S&P 500 Price Analysis – May 5

The S&P 500 index is recuperating under a new high set at 4220.2 after the recent rally on Monday fueled by positive US results. The index recoups from a pullback to 4129.6 low early in the European session. Investor optimism in the economy reopening and recovery is speeding up and has improved significantly.

Key Levels
Resistance Levels: 4350, 4300, 4250
Support Levels: 4129, 4086, 4000

S&P 500 Long term Trend: Ranging
The S&P 500 is poised to reclaim its recent high of 4220.2, which is a crucial technical high to keep an eye on. A substantial break above the medium-term horizontal resistance level of 4200 could pave the way for a move past the recent significant high of 4220.2.

Momentum indicators, on the other hand, may soon signal the continuation of the initial technical pullback from overbought zones. On the daily charts, immediate support can be found at 4129, followed by 4086.8, and finally 4000.
S&P 500 Short term Trend: Ranging
During the prior day trading session, the S&P 500 recouped its losses from the 4129 level. Beyond the 4086 near-term support levels, the index is trading above the moving average of 5 at the upside channel pattern. The index is expected to range over the next trading session, according to technical indicators.

The 4220 levels may be a possible goal for bulls. Nevertheless, the index can meet opposition from the horizontal resistance at 4200 in this session and the next. If the S&P 500 falls, it will be supported on dips by the horizontal support at 4129 levels, where buyers can re-emerge.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

S&P 500 Registers a Temporary High Around 4200, Amid Virus Resurgence

S&P 500 Registers a Temporary High Around 4200, Amid Virus Resurgence

S&P 500 Price Analysis – April 21

The S&P 500 Index has nearly reached the 4200 levels, as buyers pushed the price to register a temporary peak at the start of the week. The risk barometer tracks the stock market’s declines in the United States as a result of the coronavirus (COVID-19) concerns, thus ignoring recent vaccine improvements.

Key Levels
Resistance Levels: 4300, 4250, 4200
Support Levels: 4086, 4000, 3900
S&P 500 Long term Trend: Bullish
The barrier at moving average (MA 5) limiting price advance may remain intact, despite today’s bounce towards the resistance around the 4150 levels. A step below this level is needed to confirm that a corrective process has begun.

If seen, support will be found at the late April 6 high of 4086 at first, and then, as the pattern indicates, a cluster of supports lower at 4000 levels. A move back to the 4200 regions would require a move above 4150 levels and the limiting MA 5 to ease the immediate downside bias, with tougher resistance seen at 4250 levels.
S&P 500 Short term Trend: Ranging
In the 4-hour chart, the S&P 500 index fell below the all-time peak of 4193 and slid marginally below the short-term moving averages of 13. Although the price remains in the positive zone around the MA 5, the relative strength index is staying below its midpoint of 50. If the bears gain power, horizontal support at the 4086 levels may provide immediate support.

On the other hand, an upside extension could push the index to its all-time high of 4193 and then to the 4250 resistance mark. Despite the current correction, the S&P 500 index is expected to continue to rise in the near term.

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

US 500 [S&P500] Aiming At New Records!

US 500 [S&P500] Aiming At New Records!

US500 closed the week at 4180.60 below 4191.9 new all-time high. The outlook is bullish, so the index could resume its upwards movement. USD’s depreciation helped the US stock market to hit new records.

Any temporary retreat could help the buyers to go long and catch a new upside momentum even if the rate is located at historical highs. Technically, US500 (S&P500) has validated more gains ahead. Still, we need to search for good risk to reward entries as the market could drop anytime from the highs.

US500 is traded right above the weekly R2 (4168.3) after invalidating a potential corrective phase. The rate has registered only false breakdowns through the uptrend line offering good long entries.

The index is trapped within an up channel, so the outlook remains bullish as long as it stays inside of this pattern. The next major upside target is seen at the channel’s upside line.

The last false breakdown through the uptrend line followed by a new higher high represented a good long entry. Now we have to wait for a fresh bullish signal before going long. Confirming its breakout above the R2 could bring a new opportunity soon.

If you want to receive new buying opportunities on US500 don’t hesitate to join our VIP Telegram group HERE

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Olimpiu Tuns

Olimpiu Tuns

Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms.

S&P 500 upside bias wanes beneath mid 4100 levels, capped by higher yields

S&P 500 upside bias wanes beneath mid 4100 levels, capped by higher yields

S&P 500 Price Analysis – April 14

The S&P 500 updated the record highs during the day at 4154 levels, gaining 0.02% before retreating lower. The bond market sell-off will restart in due course, capping stock market gains. Since mid-March, the 10-year Treasury yield has been relatively steady.

Key Levels
Resistance Levels: 4250, 4200, 4154
Support Levels: 4100, 4063, 3991
S&P 500 Long term Trend: Bullish
On a daily basis, the uptrend is expected to falter and remain below the 4154 daily peaks, while the market is trading above support level 4086 and consolidating further into the next session, until hitting the resistance level at 4200.

The RSI is currently going away from the overbought threshold, while the price has turned lower after retracement from the 4154 marks, confirming the ranging outlook. In the medium-term outlook, the moving average 5 and 13 holds its location and can shift marginally higher.
S&P 500 Short term Trend: Bullish
The S&P 500 index has a bullish outlook in the short term since breaking through the consolidation region of 4063-4086 levels the previous week. With the price breaking through the 4100 barriers, traders are expecting a retest of the record high at 4200 levels before finally retreating.

However, rising bearish momentum and a south-trending 4 hour Relative Strength Index point to more weakness, bringing bears completely into play on a firm break of the pivots at 4100. Until another turnaround, the expected scenario is located under 4100 levels, with targets at 4086 and 4063 levels extension.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

S&P 500 Heads Beyond the 4100 Level on a Global Economic Rebound

S&P 500 Heads Beyond the 4100 Level on a Global Economic Rebound

S&P 500 Price Analysis – April 8

S&P 500 renewed its year high by rising above 4100 at the time of this post. The index is consolidating under a new record high of 4102.5, posted after a 0.12% rally on Thursday, sparked by positive market sentiment. The global economy jumped as optimism about rapid growth surpassed geopolitical risks.

Key Levels
Resistance Levels: 4300, 4200 4100
Support Levels: 4000, 3900, 3800
S&P 500 Long term Trend: Bullish
The S&P 500 has gained ground after a month of strong negative sessions, with the RSI indicator turning up and establishing a bullish crossover towards its overbought territory. Currently, the price found resistance at the horizontal line at 4100 levels and the price is moving is still trending to flip the resistance into support.

A close beyond 4100 remains in the picture, indicating the level as possible solid support. Meanwhile, the 4000 levels are likely to act as support on the downside. Trading above this region will help to hold the emphasis to the upside, towards the 4200 levels. If the index fails to close the day above the 4100, which is currently seen as a fresh zone for the bulls, the level at 4000 could support the buying pressure to remain intact.
S&P 500 short term Trend: Ranging
On the four-hour time frame, price action has broken through the 4100 resistance line but eased to 4089 near-term lows. A break beneath the 4-hour MA 13 at the bottom invalidates the bullish run, while sustained trading above the 4100 top confirms the uptrend. On the downside, if the S&P 500 succeeds to break lower through the MA 5 and MA 13 confluence zone, it can fall to the 4000 levels.

Otherwise, if sellers fail to drive the S&P 500 below to the key 4000 levels and the 4-hour moving average 5 and 13 it may increase the risk of a move higher towards the 4200 levels. In the event selling interest persists, the key support region of 3950 and the 3900 levels, which overlaps with the ascending trendline from March could halt the decline.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

S&P 500 Dwindles Ahead of 4000 Key Barrier Level Amid Growth in US Treasury Yields

S&P 500 Dwindles Ahead of 4000 Key Barrier Level Amid Growth in US Treasury Yields

S&P 500 Price Analysis – March 31

The S&P 500 index rose to weekly highs of 3,983.4 on Monday, but the upside bias has dwindled ahead of the 4000 key barriers in the current session. The US 10-year Treasury yield stays firm around the highest since January 2020. Dollar and US yields will continue to rise due to strong economic results.

Key Levels
Resistance Levels: 4100, 4050, 4000
Support Levels: 3950, 3900, 3840
S&P 500 Long term Trend: Ranging
As seen on the daily, the uptrend may be expected to falter and stay beneath the 4000 levels, while the market is trading above the daily MA 5 and 13, consolidating further into the following session, which will be followed by re-attempting the resistance level at 4000.

The technical indicators are currently endorsing the ranging outlook as the RSI is heading toward its midline reading at 50 while the price turned lower after retracement from the weekly high at 3,983.4 marks. The moving averages 5 and 13 maintain their position and may move slightly horizontally in the medium-term outlook.
S&P 500 Short term Trend: Ranging
In the short-term, the S&P 500 index has been at the upside channel after it penetrated above the consolidation area of 3,950 levels at the close of the prior week. As the price jumped above the 3,950 barriers, the expectation is a retest of the record peak at the 3,991 levels before retreating.

However, an increased consolidation at the top and dwindling 4 hours Relative Strength Index warn of further weakness which would bring bears fully in play on a firm break of 3,950 pivots. The anticipated scenario is positioned beneath 3,900 levels with targets at 3,840 and 3,800 levels extension.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

SP500 capped by the previous 2 weeks highs

SP500 capped by the previous 2 weeks highs

Key Resistance: 3990
Key Support: 3860

The SP500 has rallied strongly since the last pullback from mid February to the beginning of March (-6.16%). After that 2 week pullback it rallied 7.17% to all time highs to see another pullback to last week´s lows (-3.41%).

It has now retested and is in the process of rejecting the very same level it hit on March 17th, breaking in the process the short term bullish structure and printing a big bearish engulfing candle (4H).

Shorting equities in today´s reality of massive rounds of quantitative easing can be counter intuitive but we´re not trying to position ourselves short here for a awing trade. Sellers are stepping in at these highs and the probability of another leg down is high given the fact that big buyers are not going to step in here, they will wait for price to retest the lows to jump in.

Having said that, we need price to break the previous lows and the weekly pivot to get triggered and we are looking to take profits at the previous week´s lows which is also the 50% retracement of the last impulse.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Orlando Gutierrez

SP500 in bear mode

SP500 in bear mode

Key Resistance: 3940
Key Support: 3900 – 3870

The SP500 has been in a bearish structure from last week printing lower highs and lower lows. This price move comes after a +7.10% move since the last 3 weeks.

We can see the SP500 is now capped to the upside by the 3940 level which confluences with the weekly pivot and the top of the immediate bearish structure, whilst trading inside of a bear flag.

Should price reject this massive level of resistance and break the bearish flag, the next level to be retested will be the previous week´s lows.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Orlando Gutierrez

S&P 500 Rallies Stall at Level 4000 Resistance Zone

S&P 500 Rallies Stall at Level 4000 Resistance Zone

Key Resistance Zones: 4000.0, 4500.0, 5000.0
Key Support Zones: 3500.0, 3000.0, 2500.0

S&P 500 Long-term Trend: Bullish
S&P 500 has been in an uptrend since November 2020. The uptrend is currently facing rejection at level 4000. In the price action, the price is making a series of higher highs and higher lows. The current downtrend is expected to make a higher low. The market may decline to the low of level 3800.

S&P 500 – Daily Chart

Daily Chart Indicators Reading:
The 21-day and the 50-day SMA are sloping upward. The uptrend will continue as long as the price is above the SMAs. The index is at level 57 of the Relative Strength period 14. The index is in the uptrend zone and above the centerline 50.

S&P 500 Medium-term Trend: Bullish
On the 4-hour chart, the index is in an upward move. On February 16 uptrend, a retraced candlestick tested 78.6% Fibonacci retracement level. The retracement indicates that S&P 500 is likely to rise to level 1.272 Fibonacci extension. That is, the high of level 4148.90.

S&P 500 – Weekly Chart

4-hour Chart Indicators Reading
S&P 500 is above the 80% range of the daily stochastic. This indicates that the market is in the overbought region of the market. Sellers are likely to emerge in the overbought region. The SMAs are sloping upward indicating the uptrend.

General Outlook for S&P 500
The index has been rising consistently on the upside. Sellers may emerge as the index had been trading in the overbought region. According to the Fibonacci tool, the market will rise to level 1.272 Fibonacci extension or level 4148.90. S&P 500 may reverse at the recent high

You can purchase crypto coins here: Buy Coins

Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

Wall Street Trades Lower as Investors Take Flight Ahead of FOMC Meeting

Wall Street Trades Lower as Investors Take Flight Ahead of FOMC Meeting

The S&P 500 (SPX) and the Nasdaq 100 (NDX) slipped lower on Wednesday, as US bond yields rallied ahead of the FOMC policy statement slated for later today, where traders will be watching if the central bank raises interest rates sooner than expected.

The benchmark 10-year yield recorded a new 13-month high around 1.67%, which eroded demand for some high-growth tech stocks, thereby causing the NDX to drop by more than 1%.

Worries that the passage of the massive $1.9 trillion stimulus package could trigger overheating in the US economy sparked a rally in long-duration Treasury yields, pulling down Wall Street’s top indexes from their recent peaks.

Meanwhile, economists expect the Fed to issue a blowout GDP forecast for 2021 at the end of its two-day meeting on Wednesday. Fed Chair Jerome Powell will host a press conference immediately after the meeting, where he will likely reassure that the economy can take off without creating excessive inflation.

Rate Hikes Could Come Sooner: Economists
While the Fed has reassured that it will maintain its dovish stance until the labor market has fully recovered, speculators expect some policymakers to hint at rate hikes in 2023. That said, some economists are expecting rate hikes to come earlier than that, with Morgan Stanley predicting an adjustment of monetary policy in early next year.

Arthur Weise, Chief Investment Officer at Kingsland Growth Advisors, noted that:

“I do not think investors believe that the Fed is going to change its stance, but there are fears for inflation to jump in the near term. The market is of the view that the 10-year yield could be higher, and if the Fed signals anything that matches that view, we could jump past the 2% mark.”

The SPX and the Dow Jones (DJIA) kicked off the week at new all-time highs, while the Nasdaq 100 had almost fully recovered from last week’s correction. At press time, the S&P 500 is trading at -0.51%, the Nasdaq 100 is also down by -1.26%, while the Dow is up by +0.05%.

 

You can purchase crypto coins here: Buy Coins

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

Avatar

Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.