Opinion: The S&P 500 is near breaking above this key stage and difficult the bear market trendline

The S&P 500 may be about to secure the two major bullish SPXs, -0.04% timelines. First, the S&P rallied from mid-June lows up to key resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a defiant downtrend line challenge. This bear market determination is the … Read more

Eli Lilly, Cigna, Restaurant Manufacturers and extra

Take a look at some of the biggest drivers in the currency markets: Eli Lilly (LLY) – The drugmaker’s stock fell 3.6% in money markets after it missed estimates with quarterly results and slashed its full-year forecast. Lilly’s performance for the quarter was impacted by falling insulin prices and falling sales of its Covid-19 treatment. … Read more

Eli Lilly, Cigna, Restaurant Manufacturers and extra

Take a look at some of the biggest drivers in the currency markets: Eli Lilly (LLY) – The drugmaker’s stock fell 3.6% in money markets after it missed estimates with quarterly results and slashed its full-year forecast. Lilly’s performance for the quarter was impacted by falling insulin prices and falling sales of its Covid-19 treatment. … Read more

Jim Cramer Says Congressional Spending Payments Might Exacerbate Inflation, However He is Nonetheless Upbeat

CNBC’s Jim Cramer on Wednesday said that two massive Congressional spending bills have him worried about the trajectory of inflation. “I’m still a bull – I’ve been feeling optimistic since June when I see commodities moving in the right direction. And I’m also very confident about wage inflation, if not Congress,” he said.Crazy money” said … Read more

Jim Cramer Says Congressional Spending Payments May Exacerbate Inflation, However He is Nonetheless Upbeat

CNBC’s Jim Cramer on Wednesday said that two massive Congressional spending bills have him worried about the trajectory of inflation. “I’m still a bull – I’ve been feeling optimistic since June when I see commodities moving in the right direction. And I’m also very confident about wage inflation, if not Congress,” he said.Crazy money” said … Read more

Futures drop barely after Dow Jones 400-point rally

Futures fell slightly on Wednesday night after key averages fell for two days, supported by strong earnings and stronger economic reports in June and July prompting investors. look at the possibility of a recession. Futures tied to the Dow Jones Industrial Average fell 23 points, or 0.07%. S&P 500 futures fell 0.1% and Nasdaq 100 … Read more

Jim Cramer says the charts present now’s the right time to purchase gold

CNBC’s Jim Cramer on Wednesday told investors that gold is poised to recover, which is the optimal time for investors to rush in. “The charts, interpreted by the legendary Larry Williams, suggest that the general public is abandoning gold in bulk and he thinks it’s the perfect time to buy some,”Crazy money” said the presenter. … Read more

Jim Cramer says the charts present now’s the right time to purchase gold

CNBC’s Jim Cramer on Wednesday told investors that gold is poised to recover, which is the optimal time for investors to rush in. “The charts, interpreted by the legendary Larry Williams, suggest that the general public is abandoning gold in bulk and he thinks it’s the perfect time to buy some,”Crazy money” said the presenter. … Read more

Futures drop barely after Dow Jones 400-point rally

Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following the Fed’s rate announcement, at New York City, July 27, 2022. Brendan Mcdermid | Reuters Futures fell slightly on Wednesday night after key averages fell for two days, … Read more

Lucid, Reserving Holdings, MGM, eBay, and so on

A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, August 3, 2020. David Paul Morris | Bloomberg | beautiful pictures Check out the companies that make headlines in extended trading. Lucid’s group – Shares of the electric vehicle maker fell about … Read more