US Stock Market Technical Analysis Today - 10-27-24

1 month ago
36

​Trading Mentor: https://www.groktrade.com/tradingmentor.html

Major Indices: The S&P 500 and Dow Jones saw slight declines, with the S&P 500 ending a six-week winning streak, while the NASDAQ managed a modest gain, up 0.2% for the week.

Economic Indicators: Key reports like initial jobless claims, housing starts, and the Philly Fed Business Index were released, providing mixed signals on economic health.

Federal Reserve: Statements from Fed officials like Kashkari and Barkin influenced market sentiment, with a focus on future interest rate decisions.

Energy Sector: Fluctuations in oil and gas prices impacted related stocks, with oil prices up 2.9% for the week.

Gold and Silver: Gold hit new all-time highs, while silver experienced volatility.

Cryptocurrencies: Bitcoin saw a modest decline of 3.3% but remains up significantly year-to-date. Notable crypto news included Tesla moving over 11,500 bitcoins and the SEC approving trading of options on spot Bitcoin ETFs.

Stock Movements: Tesla surged nearly 25% after beating earnings expectations. Conversely, Nvidia had an intraday reversal, highlighting tech sector volatility.

Market Sentiment: Despite the week's downturn, there's an underlying optimism, especially in tech and crypto sectors, with expectations of earnings growth and potential rate cuts supporting risk-taking in U.S. stocks.

#stocktrading #technicalanalysis #investing

Posted at: https://www.freeonlinetradingeducation.com/trading-videos.html

★ BEGINNER TRAINING FOR TRADERS ★
- https://www.freeonlinetradingeducation.com/sample-101-video.html

★ SUBSCRIBE NOW | NEVER MISS A VIDEO ★
- https://goo.gl/haxTTn (Easy one-click)

★ CHARTS WE USE ★
TradingView - https://www.tradingview.com/?aff_id=4639

LET’S CONNECT!
Facebook - https://www.facebook.com/GrokTrade/
Twitter - https://twitter.com/GrokTrade
Instagram - https://www.instagram.com/groktrade/
StockTwits - https://stocktwits.com/GrokTrade

★ CHART SCHOOL ★
- https://www.freeonlinetradingeducation.com/chart-school.html

★ OUR WEBSITES ★
Grok Trade - https://www.groktrade.com
Free Online Trading Education - https://www.freeonlinetradingeducation.com

___________________________________________________________
DISCLAIMER: This US stock market technical analysis today trading video is on advanced technical analysis on the US stock market this week and any stocks mentioned are for you to research after consulting with a registered investment advisor.

This US stock market technical analysis today trading video is on advanced technical analysis on the stock market this week and any stocks mentioned are for you to research after consulting with a registered investment advisor.

All of Grok Trade's technical analysis videos are for educational purposes only. Our videos are not delivered by a registered financial advisor.

All securities mentioned in this stock market trading video should be carefully reviewed for suitability by a registered financial advisor. And please keep in mind that our stock market 2023 stock predictions are simply a guess, and the stocks to watch this weekend are not a recommendation to buy or sell. As mentioned and to make sure there is no confusion, the US stock market technical analysis this week dives deep into technical analysis to help traders choose market sentiment and is not an endorsement to buy or sell any security. Our next 3-Day Intensive 301 Mentorship is coming up soon. Click the link above and choose to be trained by a savvy trader through Grok Trade's mentoring program.

The stock market technical analysis this week may have stocks to trade but any mention is strictly for educational purposes only. Again, we are required to say, "Always seek out a financial advisor." d7 called the 2008 and 2022 market crash, but there is never any guarantee of calls made by anyone include any Grok Trade mentor. This stock market trading video is on advanced technical analysis on stocks to trade after consulting with your investment advisor. These technical analysis videos are for education purposes only.

US stocks to trade market analysis is not delivered by a registered financial advisor. All stock picks should be carefully reviewed for suitability by a registered financial advisor. The stock market technical analysis this week dives deep into technical analysis to help traders choose market sentiment daily. This trading video on the stock market today is for educational purposes only. This US stocks to trade today for today is for educational purposes only. Again, we are required to say, "Always seek out a financial advisor." ​

Loading 1 comment...