“If you follow what is being said in mainstream and social media, you have seen an abundance of reasons why the stock market is due for a pullback, ranging from indicators meant to be precise in timing (seasonality), to those that have a long history of being imprecise in timing (valuations)
Nvidia earnings and PCE inflation data could drive major S&P 500 moves as traders brace for volatility and reassess tech stocks and valuations this week.
The S&P 500 ended its five-day losing streak on Friday, posting its largest daily gain in nearly three months after the Jackson Hole rally. The index finished the week up 0.3%, its fifth weekly gain in the past six weeks.
Strategy now meets all of the technical requirements for inclusion in the S&P 500, following new accounting rules that allow the recognition of Bitcoin appreciation in the income statement. A possible announcement could come in late August or early September. If approved, more than $7.7 billion in inflows would go into the company, representing 8.5% of its float-adjusted market cap. Coincidentally, another $7.7 billion of MSTR stock is held short; covering could provide an additional tailwind that will amplify the impact of the index fund inflows.
Big Tech is dragging down the S&P 500, even as the broader universe of stocks in the index has been holding up so far this week.
Broad-based index now about 1.5% below record high; Walmart slips.
Margin debt is the amount of money an investor borrows from their broker via a margin account. Trading with a margin debt can magnify gains.
Strategist Tom Lee is raising his sights on the stock market — if two key conditions are met.
Analysts' price forecasts are a hint that gains for stocks may broaden out beyond the usual suspects in big tech.
Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 (SPX) at approximately the midpoint of the current quarter. The outlook for earnings has improved since last quarter's snapshot, with slightly higher earnings expected in the remaining quarters of 2025 than what was anticipated three months ago. The current projection for the S&P 500's earnings per share through the end of 2025 is $242.27, which would represent 15.3% year-over-year earnings growth over December 2024's finalized level of $210.17.
8:45am: Geopolitics, Fed in focus Stock futures leaned lower early Monday as investors braced for a week where geopolitics could set the tone. S&P 500 futures slipped about 0.1%, Dow futures hovered near flat, and contracts on the Nasdaq 100 edged down nearly 0.2%.
““… the S&P 500 Index (SPX - 6,389.45) has gone six consecutive days without a new all-time intraday high, its longest streak since mid-June. But on Friday, it closed just 0.32 points below last month's all-time closing high of 6,389.77, defying the broad strokes of caution that range from tariffs, poor seasonality, claims of euphoria…, and valuations…