Weekly Stocks Market Update & SPY Technical Analysis After falling 10% from its recent all-time highs, the S&P 500 officially entered correction territory last week. Historically, investors who buy the market at a 10% correction have typically seen double-digit returns on their purchases within the following two years. However, uncertainty is higher this time, leaving many to wonder whether it's too early to buy the dip. In reality, no one truly knows the perfect time to buy, so perhaps the real question is not when to buy, but what to buy. If you’re looking to take advantage of this market pullback, consider adding strong index funds like SPY or VOO to your portfolio. You can also follow our weekly watchlists,...
Weekly Stock Market Update & SPY Technical Analysis The market entered correction territory last week as the broader technology sector continued to experience heavy selling. Bullish momentum was weak against the wave of selling pressure, leaving many investors uncertain about what lies ahead. Before diving into this week’s outlook, let’s recap last week’s key events. Labor Market Developments On the economic front, last week’s reports focused on the U.S. labor market. The unemployment rate ticked up from 4% to 4.1%, while the economy added 151,000 jobs—falling short of the 170,000 forecast. A wave of federal government layoffs contributed to a rise in new jobless claims, which climbed to 221,000 for the month. Additionally, corporate downsizing continued, with Starbucks and Disney...
Weekly Stock Market Update & SPY Technical Analysis Volatility spiked again in the market last week as geopolitical uncertainty escalated between the U.S. and Ukraine. A heated exchange between Trump and Zelensky capped off a week of wild market swings, leaving many traders wondering how this will impact stocks in the coming week. While it may be tempting to think that the debate could cause market turmoil, the true impact is likely to be short-lived, as investors shift their focus back to what really matters—economic development. On the economic front, last week actually brought great news for markets. The U.S. GDP reading came in line with expectations, reflecting 2.3% growth in the fourth quarter. The PCE index, the Fed’s preferred...
Weekly Market Update & SPY Technical Analysis Markets recorded their worst performance of 2025 last Friday following disappointing consumer sentiment data. The final reading for February came in at 64.7, falling short of the expected 67.8. While the miss was modest, it added to a growing list of concerns weighing on the market. Other key stressors include stalled progress on inflation, Trump’s tariffs, and heightened global political uncertainty. Together, these factors created the perfect storm to drive markets lower, with weak consumer sentiment serving as the final trigger. What to Watch This Week Heading into this week, investor sentiment is expected to remain fragile as markets focus on key economic data and corporate earnings. Economic Data: Tuesday: The consumer confidence...
Investors are embracing an extended three-day weekend after last week’s spree of events. To recap, here are the key events that took place last week: CPI and PPI Data: Inflation on both the consumer and producer ends ticked up in January, with CPI at 3% and PPI at 3.5%. This was the first time CPI hit 3% in seven months, sparking concerns that progress toward the 2% target is off track. Many blame the sharp rise in egg prices for the uptick in inflation, but even core inflation, which excludes volatile items like food and energy, surged 0.4% month over month. The data further increased uncertainty about interest rate cuts this year. On the subject of interest rates, several Federal...
