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Giles Coghlan

Giles Coghlan

As a professional market analyst and commentator, Giles' goal is simple: to explain the current reason markets are moving the way they are so you that can make better trading decisions right now. His cutting-edge analysis has been featured in Reuters, Business Insider, WSJ, Financial Times Adviser, NBC, LBC Radio, CoinTelegraph, Guardian Observer, National Express, and numerous other prestigious financial outlets.
  • Articles: 494

S&P500 Dip Buying Today? 

Yesterday we saw a big miss in the US CPI print which allowed the S&P 500 to move significantly higher on ‘peak Fed narrative’ hopes. Seasonax’s event feature allowed us to expect upside in the S&P 500 in the event of a miss and the same feature leads us to expect potential for dip buying in the S&P 500 today.  

The DXY CPI Reaction

On November 14, US CPI inflation data is coming out and it's widely anticipated to come in lower than the prior reading with the headline at 3.3% and the core in line with the prior reading of 4.1% year-on-year now there is intense focus on US inflation because markets are trying to assess whether the Federal reserve has indeed finished hiking interest rates if they have finished hiking interest rates that could signal another leg higher in US equities as well as the beginning of a down trend for the heavily bought US dollar.

Is Now The Time For Nvidia?

Nvidia is reportedly planning to reveal three new chips for China according to the Star Market Daily. According to the reports, the announcement could come as soon as November 16, and Nvidia shares are up in premarket trading in anticipation of the event.

Apple earnings disappoint! 

Apple's latest earnings show the sales for the Mac and iPad really struggled in this last quarter. Furthermore, the drop in sales to greater China also weighed on sentiment surrounding Apple stock the EPS hit target as did revenue but sales in greater China fell 2 1/2% year-on-year and came in below market expectations. 

Watch for SP500 strength!

The Federal Reserve is meeting this week on Wednesday and from a seasonal bias the S&P 500 tends to gain heading into that event. Expectations are increasing that the Federal Reserve will signal peak interest rates so could this mean an increase in US stock prices from here on in?