Stock Market News Update

AI Underpins U.S. Economic Growth Capital expenditure expectations for both AI investment and energy usage over the next couple of years exceed $1 trillion. The hyperscaler infrastructure build-out is contributing 1.5% to the U.S. GDP. In the first quarter of 2025,...

S&P 500 Momentum Short-Lived The S&P 500 gaped up at the open on Friday on the back of the jobs data. However, the upward momentum was short-lived as institutions continued the recent trend of selling into retail momentum. Within 20 minutes of the opening, the...

S&P 500 Rotation Back in September 2024 we made the following observations with regard to the S&P 500: Over the last three weeks, stock performance in the S&P 500 has noticeably shifted. Magnificent 7 stocks have stalled and the other 493 stocks in the...

Bank Of England In The Spotlight Last week, Ed Conway at Sky News noted that while the Bank of England had just cut interest rates, the borrowing costs were not falling. More specifically, borrowing costs were rising. Ed noted that the UK 30-year government bond yield...

S&P 500 Grinds Higher The S&P 500 reversed sharply to the upside on Friday after Jerome Powell's Jackson Hole speech was more dovish than expected. Powell indicated that the labour market weakness warrants interest rate cuts. The recent Nonfarm Payroll report,...

S&P 500 Grinds Higher For the last six weeks, we have cautioned that a correction in the S&P 500, based on probability balance, is likely. However, the index continues to defy gravity and grind higher. We were not surprised by the drawdown in April. In our 6...

S&P 500 Resists Downside Pressure The S&P 500 ended on a high note last week, albeit on low trading volume on Friday. However, there is downside most likely coming for the index. While there are no certainties in the financial markets, fundamental and...

S&P 500 Digests Payroll Revisions The S&P 500 corrected sharply lower on Friday. While the tariff announcement likely contributed to the correction, the announcement was overshadowed by economic data that is pointing to a weakening economy and the prospect of...