We start this week’s Wall Street look ahead with a big surprise in global macro news: China CUT INTEREST RATES after reporting weak growth data. China’s growth made the world go ’round in the 21st century… So markets, especially commodities, got spooked.
That will be the big theme this week. Traders will focus on retail and earnings data in the U.S., and whether or not growth is slowing…
The broader market dropped following four straight weeks of gains for the S&P 500.
This move lower comes as China releases disappointing economic data as the country’s industrial production and retail sales growth fell below analysts’ expectations.
Meanwhile, Wall Street prepares for another big week of earnings data with big U.S. retailers ready to report.
All eyes will be on Walmart and Target to see how the companies have been affected by inflation and other macroeconomic pressures in light of their missed earnings in the first quarter.
A Sector Exchange-Traded Fund (ETF) invests in the stocks and securities of a specific sector, typically identified in the fund title. Sector ETFs have become popular among traders and investors, and can be used for hedging and speculating. Their high level of liquidity means there are rarely any large tracking errors from the underlying index, even during intraday trading.
Give us a follow and join the conversation on our official social media channels:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.
DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "China Spooks Commodities Market. Plus How to Play Target Earnings"
Post a Comment