Last week, U.S. stocks hit historic highs, reflecting widespread optimism among investors. Now, the market’s attention has shifted to earnings reports and the upcoming Fed meeting in November, where there’s an 84% chance of a 25-basis-point rate cut.Looking back at last week, all major indices— $.IXIC(.IXIC)$ $.SPX(.SPX)$ $.DJI(.DJI)$—rose more than 1%, with the Dow and S&P 500 both hitting record highs on OCT11.Can the Rally Last Until Year-End?With the prospect of rate cuts, strong macroeconomic data, and solid corporate earnings expectations, U.S. stocks are on solid footing to potentially continue their upward trend. Let’s dive into three key indicators

The 50 basis point rate cut to start the cycle surprised at least half of investors.There are 25 basis points is the compensation for July.Many investors in the market point of view is that July can open the rate cut, and Powell in order to "stabilize" hard to see two more months of data off to September.The 50 basis points, in fact, is 25 basis points in September, plus 25 basis points in July compensation!Even 50 basis points, still behind the curve.According to the Fed's own point of view, this time is "calibrated policy stance" - do not want to fall behind the curve, but also do not want to signal the risk of recession, so the action to see at first glance seems to be very large, in fact, just behind the market too much to add.For the first time did not give the market "clear signal".P

The Fed's significant rate cut boosted confidence that the central bank will keep the U.S. economy expanding. On Thursday, U.S. stocks rose sharply, with the $DJIA(.DJI)$ jumping over 500 points and the $S&P 500(.SPX)$ closing above 5,700 for the first time, both setting historical records. This marked the Fed's first rate cut in four years, leading the market to believe it can help the economy avoid a recession.Prevent Recession, Stocks ExplodingAdam Crisafulli, founder of Vital Knowledge, remarked, “As the market digests this major Fed cut, stocks are exploding. I foresee a strong market leading up to the presidential election.”This larger-than-expected cut surprised many investors. Jeremy Siegel, a

$.SPX(.SPX)$ traded below 5775 thus confirming the deeper B-Wave pullback.Although price recovered today, further downside to 5700-5650 is favored before terminating the pullback.If so, this B-Wave should be bought for the final (!) leg up of Wave C of [W5] of Wave 5!.... then it dies.$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ 🔥 W

$FedEx(FDX)$ A lackluster performance in the first quarter of fiscal 2025, which missed market expectations, and the company's downward revision of its full-year earnings guidance led to a sharp decline in shares in after-hours trading, ending the previous nine-day uptrend.Earnings OverviewFedEx reported total revenues of $21.6 billion in the first quarter, missing market expectations of $21.93 billion and falling slightly year-over-year.Earnings per share came in at $3.60, well below analysts' expectations of $4.82.Several of its major business units, including Express Services, Ground Transportation and Freight Services, suffered some margin compression.Courier ServicesRevenue grew by about 4% but margins were compressed due to higher operating c

Last week, the Federal Reserve opened a new rate-cutting cycle with an "unconventional" 50 basis points, marking the official end of tightening since early 2022.The background and implications of this decision are worth exploring in depth. $S&P 500(.SPX)$ Extent and path of the rate cutThe Federal Reserve's 50 basis point rate cut is intended to be a quick response to potential economic growth pressures. $Cboe Volatility Index(VIX)$ Although the market is generally positive about the rate cut, but there are also concerns about recession.Powell emphasized in this context, there is no obvious signs of recession, and the future path of interest rate cuts will be more gentle.According to the Fed's "dot plo

We crushed $.SPX(.SPX)$ Friday for 60 points using the WXY Model.After years of deep study on Elliott Wave, the WXY model stands out as my favorite.It’s an extremely high-probability pattern that appears frequently in the market—and works even when the wave count isn't clear.Here's how to take advantage of it:ImageWXYs (double zigzags) are three ABC patterns, with two legs against the trend (W and Y) and one in favor (X).Structured as (3-3-3) or (ABC-X-ABC), this high-probability pattern signals the continuation of the larger trend.Each leg is either of equal length (90-100%) or follows Fibonacci ratios/extensions (50%, 61.8%, 127.2%), with Wave Y extending at least one tick below Wave W (no truncation)ImageEntry Models:1. Enter following the brea

Overview of Global Markets The 50 basis points (bps) cut by the US Federal Reserve has sent ripples through global financial markets. As the first reduction since the pandemic, this move marks a pivotal shift in monetary policy aimed at staving off potential economic weakness. Investors are recalibrating expectations for economic growth, labor market performance, and interest rates as they digest the implications. While US markets responded with cautious optimism, other global markets are closely monitoring the potential spillover effects. US Market: Fed's Aggressive Action The Federal Reserve’s decision to lower the federal funds rate to a target range of 4.75%-5.00% signals a more proactive approach to combating economic pressures. While the move aims to ease financial conditions and pro