Trading week of Dec 19 – 23

Posted on: December 19th, 2022
By: Tadeo Martinez

Economic factors

Fed Meeting: Jan/Feb 31/01

US Treasury: 3.59%

Yield Curve: downward slope

Inflation: 7.11%

Mortgage Rates: 7.081%

Unemployment Rate: 3.7%

Crude Oil: $75.62

SPY: $381.21

VIX: $21.85

News

Monday

Introducing the 2023 Double Net Value Portfolio, Led by Robinhood Markets

US STOCKS-S&P 500, Nasdaq fall on rate worries, Tesla struggles after early gains

Projected rates will be 5%, not been that high since 2007

“Six of the 11 major S&P sectors were lower in morning trade”

Stock Market Feels The Winter Chill; Drug Maker Gets Upgrade; More Musk Madness

Investors are still worried about a recession on 2023

Crude oil rose

65% of investors are now expecting a 25 basis point rate hike in February, 34% are expecting a 50 basis point. – is this good or bad?

Tesla Stock Is Slipping. Elon Musk Could Refocus After a Twitter Poll.

Tesla sees some light as Musk considers leaving Twitter.

Shares have been down since Musk took over Twitter

Ford Stock Falls. Don’t Let $1.7 Billion Truck Rollover Trial Distract You.

The RSI is very low, might be a good time to enter.

Bond Bulls Give Holiday Thanks: At Least We’re Not Stock Bulls

This is the worst inflation in 40 years.

Jerome Powell couldn’t say the rates won’t go higher.

Stock market news live updates: Stocks fall after back-to-back weekly losses

Dampening hopes for a Santa Claus rally

These Stocks Are Moving the Most Today: Madrigal, Tesla, Disney, Meta, and More

DIS is down because the movie Avatar didn’t meet expectations in earnings

META is breaking laws so it’s currently down

MSFT is down

PCE inflation, FedEx, Nike results lead into the holidays: What to know this week

The report and earnings will give investors an insight into next year’s economic outlook

PCE to be released on Friday Dec 23

The article suggests PCE inflation decreased to 5.5% from 6%

Santa Claus rally usually happens the last five trading days of the year and the first two

During Fed meeting, Jerome Powell confirmed he wants to bring inflation down to 2%

FDX and NKE earnings are key to gauge consumer spending

Tuesday

Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses

US STOCKS-Wall Street set for mixed open after BOJ’s policy surprise

The Bank of Japan surprised investors globally after it announced it will allow interest rates to keep getting raised for longer.

Stocks Slip After Bank of Japan Makes Surprise Adjustment

The rates are a small change right now but can cause a big change in the future.

Stocks Fluctuate After S&P 500 Snaps Losing Streak: Markets Wrap

Dow Jones Futures Rise As Nike Jumps; Market Rally Still Shaky As Tesla Meltdown Continues

Friday

Elon Musk actively searching for a new Twitter CEO, sources say

Will this help the TSLA go back up?

In here it says he’s pulled staff from Tesla and SpaceX to help him with Twitter. Is this why TSLA stock has gone down? Because there are less proficient people working there?

Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses

Will this make the stock go down? Or up since there already past the bad news?

Tesla stock bull: The company is a sustainability ‘behemoth’

GLOBAL MARKETS-Wall Street mixed, Treasury yields rise after data deluge

US STOCKS-Wall Street gains after inflation data, energy outperforms

“the big cloud on the horizon is the Fed being hawkish about the 2% inflation target.”

We’ll keep seeing sell-offs as interest rates keep going up to surpass the 5%?

Stock market news live updates: Stocks waver, head toward third-straight losing week

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