Futures Flat as Big Data Looms
US stock futures are muted as we await key consumer spending and PCE inflation data. After the S&P 500 hit its third record high this week, investors are focused on the health of the economy and the potential for more rate cuts.
Costco Revenue Miss
Costco fell short of revenue expectations, with consumer spending slowing on big-ticket items and gas prices. This could spill over to Walmart, so stay alert.
Intel and Chip Deal
Intel is finalizing a massive $8.5 billion deal with the US government, bolstering their chip business, but takeover rumors loom.
Oil on the Move
Oil prices are choppy as traders weigh China’s stimulus and a possible increase in supply from Libya and OPEC+.
Another perfect week in OP, folks! Don’t force trades—stick to the systems or wait for the next alert. See you in chat for the upgrades and downgrades! 💰
If you want to get the plays of the day then signup for Gold, and get a FREE TRIALIf you want to get the plays of the day then signup for Gold, and get a FREE TRIAL
Responses