Our previous Blog article introduced you to ChatGPT, the AI tool that has created a huge buzz. Now that it has been tried by many folks, including the TREND TEAM, we can now share our impressions and further thoughts. The first step is to get on the system to try it out. The instructions at […]
US stocks rallied on Friday, after slipping earlier at the open, as investors weigh in on fresh economic data including consumer spending data, a closely watched measure by the Federal Reserve. The S&P 500 added 0.2%, while the Dow Jones Industrial Average ticked up 0.08%. The technology-heavy Nasdaq Composite was up roughly 1%, closing out […]
Stocks rallied on Friday to finish the week strong after briefly losing the momentum of the January rally. The Dow Jones Industrial Average added 330.93 points, or 1%, to close at 33,375.49, while the S&P 500 advanced 1.89% to 3,972.61. Both indexes snapped a three-day losing streak. Meanwhile, the Nasdaq Composite rose 2.66%, with help […]
Recent news headlines and stories have brought an amazing Artificial Intelligence (AI) app much closer to mainstream than AI has ever been before. ChatGPT was created by OpenAI, a San Francisco based AI development company. OpenAI Inc. is the non-profit parent company of the for-profit OpenAI LP. ChatGPT is still being offered as a free-to-try […]
Global stocks are on pace for their worst drop since the 2008 financial crisis. Pessimism around the outlook for financial markets and the economy amid a backdrop of rising interest rates and fears a recession is underway have thrown a wrench in prospects for the seasonal year-end Santa Claus rally markets stocks typically experience at […]
Stock indices finished today’s trading session in the green. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq 100 gained 0.53%, 0.59%, and 0.27%, respectively. So far, a ‘Santa Claus‘ rally has been missing as the year begins to close. The failure at the 50-DMA (blue wavy line) has kept short-term downward pressure […]
See great Black Friday Specials at end of this post Stocks finished mixed during an uneventful, shortened day of trading on Black Friday. When the closing bell rang on Friday, the S&P 500 was down 0.03%, the Dow was up 0.45%, and the Nasdaq fell 0.52%. The US stock market closed at 1:00 p.m. ET on […]
What a day in the markets. This morning, the US published its latest official inflation reading, and it came in better than Wall Street expectations for the first time since this whole inflation trend began. The market’s reaction was immediate, sending the S&P 500 up ~4% and the tech heavy Nasdaq up over 6%. And […]
US equities rallied Friday, as an earnings beat from Apple helped stocks push their way past a week of Wall Street misses for Big Tech. The S&P 500 gained 2.5%. The Dow Jones Industrial Average bounced more than 800 points, or 2.6%, to a two-month high, as it also notched a fourth-straight week of gains […]
Markets tanked again today after US employment data showed 263,000 new jobs, leaving the US labour market conditions very tight as the unemployment rate dropped to just 3.5%. This crushed any hopes the Federal Reserve will pivot anytime soon on its aggressive rate hiking path. As a result, the S&P 500 dropped 104.86 points or […]