Author - Sequoia Direct

Falling inflation data supports market rally

14 Dec 2022 - Stocks rose Tuesday after the release of new US inflation data, while traders awaited a key Federal Reserve policy decision. Overnight US consumer price inflation eased more than expected in November to its lowest level in almost a year.

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Stocks lower as retail investors suffer heavy losses in 2022

12 Dec 2022 - Stocks finished lower Friday, with all the major averages posting losses for the week as worries persisted over continued rate hikes. Bloomberg has reported that Investment portfolios owned by individual investors have lost a combined $350 billion this year. The average retail trader’s portfolio is down 30% in 2022, compared to the S&P’s 17% loss - some estimates put the damage as even worse than that - JPMorgan calculates that retail traders are down 38%...

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Continuing jobless claims catalyst for market bounce, Investor attention on next week’s Fed meeting

09 Dec 2022 - Stocks rose Thursday as the S&P 500 attempted to crack a five-day losing streak and Wall Street evaluated the odds of a recession ahead. Despite the gains, stocks are on pace for a losing week. There’s been a strong selloff over the last few days and it doesn’t take much to create even the underpinnings for a modest rally. Thursday’s continuing jobless claims the likely catalyst for the market bounce.

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