2024 Outlook: How Will Story Unfold?

With the end of the year approaching, major institutions begin to provide outlook for US stock market in 2024. How do institutions expect for 2024? Will the bull market continue? How about expectations for inflations and rate hike? What's your attitude: Cautious or Bold?

avatarKYHBKO
2024-12-16

Technical Analysis of S&P500 (16Dec2024) - using over 20 indicators

Market Outlook of S&P500 - 16Dec24 Observations: The MACD indicator is showing a downtrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term. The 3 Exponential Moving Averages (EMA) lines are on an uptrend but are looking to converge (implying a potential change in trend). Chaikin’s Monetary flow (CMF) shows an uptrend. However, there seems to be more selling momentum than buying. This can lead to a potential trend change. The 20 indicators are pointing to a “Strong Buy” rating for the S&P500 (for Daily interval). 16 indicators recommend a “Buy” and 4 recommend a “Sell” rating. From the candlestick pattern, the latest seems to point
Technical Analysis of S&P500 (16Dec2024) - using over 20 indicators
avatarStoid
2024-09-12
$SoFi Technologies Inc.(SOFI)$  On the basis of this mass outflow will you buy or sell the stock?
avatarStoid
2024-09-12
$SOFI 20240913 7.5 PUT$  Like a witch's finger scratching the chalkboard ☕️🏦😜
avatarKYHBKO
2024-07-15

Earnings for the week starting 15Jul24 - will BlackRock hit the rise?

Earnings Calendar (15Jul24) Q3/2024 starts and a few earnings are coming in the coming week. There are a few earnings of interest: Goldman Sachs, BlackRock, Bank of America, ASML, United, TSMC, Nokia, Netflix, Intuitive Surgical and American Express. Let us look at BlackRock in detail. Observations: Revenue grew from $11.08B (2014) to $17.8B (2023) Operating Profit grew from $4.52B (2014) to $6.33B (2023) EPS grew from $19.17 (2014) to $36.51 (2023). The year with the best EPS is $38.22 (2021). Dividend per share grew from $7.72 (2014) to $20.00 (2023). Here is some recent news about BlackRock, listing their recent acquisition. At the same time, BlackRock is also in the Bitcoin sector, which has great potential. For the coming earnings, the forecast is $10.04 and $4.85B for EPS and Revenue
Earnings for the week starting 15Jul24 - will BlackRock hit the rise?
avatarKYHBKO
2024-04-14

Market Outlook of S&P500 - 15Apr24

Market Outlook of S&P500 - 15Apr24 Technical observations of the S&P500 1D chart: The MACD indicator is on a downtrend from the past week and this should continue into the coming week. Chaikin Money Flow (CMF) has hit below the zero line. This can be seen as a bearish signal with more selling volume. Interpretation of CMF from the CFI website: When there is a continuous buying period (when the CMF value is sustained above zero), the trend is considered bullish and indicates that price will continue to rise with the trend. When there is continuous selling pressure (CMF value below zero), this points to a bearish trend, indicating price will continue downward.Higher readings, either positive or negative, indicate a stronger trend. Increasing readings indicate gaining momentum.Crosses
Market Outlook of S&P500 - 15Apr24
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