Posts

Showing posts from November, 2024

The Richest Man Alive

Image
The Richest Man Alive: Aremorph  "Just enjoy the moment"  But how can I?  The future harboring uncertainty  The past with joy and pain  I am but a vessel, carrying these thoughts  Mindless work, success measured by what?  The fear of being nothing strikes deeply  I wake shaking, my life may fade into the void of insignificance  Atlas Shrugged  Reduced to a body, forgotten as a name  Fight this with success? Fame? Power? No  Peace  The path of connection, finally getting closer again to those you love  Time will come when billions cannot buy back a word from their voice  Today, I am the richest man

11/25-11/29/24 Weekly Market Recap - Movers, Macro, Monetary, and Fiscal

Image
Week 11/25-11/29/24 Weekly Market Summary by Aremorph Summary - Movers, Macro, Monetary, and Fiscal Happy Thanksgiving week! This week saw many fluctuations with macroeconomic indicators being released such as: new home sales, consumer confidence, jobless claims. This week was also special due to the stock market closing on Thursday, and early at 1pm on Friday.  Global Weekly Movements U.S. Equities S&P 500 Index: 6,032.38 (1.48%) All sectors of the SPX were up this week, except for Energy (XLE) which saw increased geopolitical tensions impact equities prices. Healthcare (XLV) and Real Estate (XLRE) led the charge at (2.25%) and (2.06%) respectively, with Consumer Discretionary (XLY) close behind at (1.93%) . These changes reflect the rebound from the RFK announcement as well as promising macroeconomic indicators.  Dow Jones Industrial Average: 44,910.65 (2.37%) NASDAQ Composite: 19,218.17 (1.33%) Big Movers of the Week Ulta Beauty (ULTA): 386.64 (14.13%)  Ulta...

11/18-11/22/24 Weekly Market Recap - Movers, Macro, Monetary, and Fiscal

Image
Weekly Market Summary by Aremorph Summary - Movers, Macro, Monetary, and Fiscal With another week full of market movements and surprises from earnings reports, the equities market saw a lot of movement! With big companies like Walmart, Target and Nvidia shocking investors, jobless claims reverberating a stronger-than-expected market, and heightening geopolitical tensions in Europe, there are so many things to cover! Take a look below for the movements of the week! Global Weekly Movements U.S. Equities S&P 500 Index: 5,969.34 (1.62%) Dow Jones Industrial Average: 44,296.51 (1.99%) NASDAQ Composite: 19,003.65 (1.53%) Big Movers of the Week Super Micro Computer Inc (SMCI): 33.15 (65.42%).  The troubled tech stock soared as the company announced new auditor contracts as part of its efforts to avoid delisting from NASDAQ. Netflix (NFLX): 897.79 (10.18%).  Thanks to the amount of increased subscribers, mostly from the Jake Paul vs. Mike Tyson match, stock of the streaming ...

11/11-11/15/24 Weekly Market Recap - Movers, Macro, Monetary, and Fiscal

Image
Weekly Market Summary by Aremorph Summary - Movers, Macro, Monetary, and Fiscal With another week complete, we observe some pullback in the equity market after the surge from the election results, as well as news reports from the week. With the reporting of CPI, PPI, US Retail sales, speculation on the Fed Funds Rate changes as well as market reactions to the different indicators. Take a look below for movements of the week! Global Weekly Movements U.S. Equities S&P 500 Index: 5,870.62 (-2.18%) Dow Jones Industrial Average:  44,293.13 (-1.91%) Big Movers of the Week Palantir Technologies Inc (PLTR): 65.77 (9.38%): Palantir stocks jumped 11% specifically on Friday after announcing its moving from NYSE to NASDAQ and investors are expecting that the stock will be eligible to be part of the NASDAQ-100 index, which will allow them to receive additional fundings from certain index funds.  Shopify (SHOP): 108.49 (+20.56%): The stock rose 21% after earnings thanks to better-than-...