Author: Daniel Chang

Cabot has unveiled its latest weekly top ten stock recommendations, placing Kyndryl Holdings (NYSE: KD) as its leading pick. The selection comes as the stock presents a compelling entry point for investors. “The market ended last week with a notable rally on Friday, which was encouraging,” analysts noted. “However, this doesn’t erase the broader downward trends observed over the past couple of weeks, where major indices and growth indicators breached their intermediate-term uptrends.” Key Stocks in Cabot’s Top 10 List: These stocks reflect a range of industries and opportunities, each with distinct factors driving their potential for growth and investment…

The dollar edged higher on Tuesday during thin holiday trading as expectations of a slower pace of interest rate cuts from the U.S. Federal Reserve continued to shape market sentiment. Since late September, the greenback has climbed over 7%, fueled by projections of stronger U.S. economic growth under the policies of President-elect Donald Trump and persistent inflation pressures. These factors have tempered predictions of aggressive Fed rate reductions. The U.S. growth outlook contrasts sharply with forecasts for other global economies and their central banks’ rate strategies, widening interest rate differentials. Last week, the Federal Reserve projected a more cautious approach…

US stock futures remained mostly steady on Wednesday evening as markets were closed for Christmas. Earlier in the week, megacap stocks boosted Wall Street during a shortened trading session. The New York Stock Exchange closed early on Tuesday for Christmas Eve and stayed shut on Christmas Day. Trading volumes are expected to remain low for the rest of the holiday-shortened week. By 7:00 PM ET (12:00 AM GMT), S&P 500 Futures were at 6,097.50 points, Nasdaq 100 Futures increased slightly to 22,060.00 points, and Dow Jones Futures held steady at 43,620.00 points. Tech stocks continued their strong performance, with major…

The U.S. dollar has broken out of its post-2022 trading range, supported by strong U.S. economic performance, a widening interest rate differential, and elevated tariffs. Analysts at Capital Economics predict the dollar will continue to climb in the coming year, citing these factors as key drivers. “We expect the dollar to gain further ground next year as the U.S. economy continues to outperform, the interest rate gap with other G10 countries widens slightly, and higher tariffs are implemented by the administration,” Capital Economics stated in a recent analysis. The dollar’s breakout from its previous range signals growing investor confidence fueled…

Capital Economics has reaffirmed its forecast that the S&P 500 index will reach 7,000 by the end of 2025, despite recent market turbulence. In a research note published on Monday, the firm acknowledged last week’s downturn following the Federal Open Market Committee (FOMC) meeting but remained confident in its outlook. “We are holding to our projection that the S&P 500 will close next year at 7,000,” the analysts stated. This forecast is being maintained even though the firm anticipates Federal Reserve policy to be slightly less supportive than previously expected. The recent slide in the S&P 500, according to Capital…

Despite recent gains pushing the dollar to new year to date highs, UBS analysts suggest the greenback will likely stay stronger than previously anticipated due to the Federal Reserve’s increasingly hawkish stance at its December meeting. “While we still foresee a decline in the dollar, we now predict less weakness in 2025 due to these factors and have adjusted our forecasts accordingly,” UBS analysts stated in a recent report. The revised outlook comes as the dollar continues to perform well in key currency pairs, supported by expectations of fewer rate cuts from the Federal Reserve and lingering trade risks. “The…

NVIDIA Corporation (NASDAQ: NVDA) is planning to establish a regional headquarters in Taiwan, according to a report by the Commercial Times on Monday, which cited a government official familiar with the details. The company is reportedly focusing on Taipei as the site for its new headquarters and is in search of approximately three hectares of land for the development. The local city government is actively supporting Nvidia in its efforts, the report added. Taiwan plays a crucial role in Nvidia’s supply chain, as the company relies heavily on Taiwan Semiconductor Manufacturing Company (NYSE: TSM) for the production of its advanced artificial intelligence…

The Japanese yen fell past the critical 155 mark against the U.S. dollar on Thursday after the Bank of Japan (BOJ) decided to keep interest rates unchanged. The central bank’s decision reflected ongoing caution about the country’s economic outlook and inflation trajectory. The BOJ maintained its short-term policy rate at 0.25%, signaling a measured approach amid uncertainties in domestic economic conditions. Following the announcement, the yen weakened further, with the USD/JPY exchange rate climbing 0.3% to 155.36 its highest level since November 21. This followed a 0.9% increase on Wednesday, spurred by hawkish signals from the U.S. Federal Reserve. The…

UBS Global Research has announced its list of 25 U.S. stocks that it believes have strong growth potential for 2025. The selection spans industries like technology, healthcare, and industrials, focusing on companies with unique opportunities and strategies that set them apart from market expectations. Among the highlighted companies, 3M (NYSE:MMM) stands out as it works under new leadership to streamline operations, invest in research and development, and enhance supply chain efficiency. Amazon.com (NASDAQ:AMZN) is also on the list, with anticipated growth in e-commerce, cloud computing, and Prime Video advertising driving optimism. CyberArk Software (NASDAQ:CYBR), a leader in identity security, is…

The prop trading world is evolving fast. Traders demand better tools, and firms need platforms that deliver. That’s why YourPropFirm now offers Match-Trader—a platform built to handle modern trading needs with precision. This integration empowers prop firms to elevate their services, foster stronger trader relationships, and operate with enhanced efficiency and adaptability. What is Match-Trader? Match-Trader, developed by Match-Trade Technologies, is a state-of-the-art trading platform that caters to the ever-changing demands of proprietary trading firms. Renowned for its intuitive design and robust functionality, Match-Trader offers firms the tools to grow while ensuring traders enjoy a smooth and responsive trading experience. Core Features of…