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TL;DR: Too Long; Didn't Read
- It was a good week for the U.S. market, which finished up 1.76% on Thursday and climbed over 1% higher in early trade on Friday. This positive performance is a good sign for the market going forward, and investors are optimistic that the trend will continue.
- Jerome Powell has made it clear the Fed plans to hike rates aggressively in their bid to bring record high inflation rates down. This is good news for savers and investors, who will see higher returns on their investments. However, it is bad news for borrowers, who will see their interest payments rise.
- Apple's latest releases may have failed to create excitement for the stock price, but they still managed to close down almost 1% the day after the event. While this may not be the best news for shareholders, it's still positive news for the company overall.
- The top weekly and monthly trades can be found in the market section of the website. This week's top trade is for ABC Corporation.
Major events that could affect your portfolio
There's no denying that the past few weeks have been tough for investors, but it's important to remember that the markets are always fluctuating. Although stocks have been on a downward trend since August, there have been a few bright spots recently. The S&P 500 closed up 1.76% over the previous five days on Thursday, and Friday morning started off strong with a strong open. These positive periods remind us that there is still hope for the future of the markets.
It's been a volatile week for markets, with ups and downs due to a variety of factors. However, Wednesday was a bright spot, with all major indexes posting gains. Let's hope this trend continues in the coming days and weeks!
The Fed's comments on Thursday morning led to a reversal of many of the week's earlier gains, as investors reevaluated the likelihood of a near-term interest rate cut. Chairman Jerome Powell reiterated the Fed's cautious stance on monetary policy, saying that a pause or reversal in the current policy was unlikely for some time. This cautious approach is likely to keep interest rates low for the foreseeable future, which is good news for borrowers but bad news for savers.
The U.S. Bureau of Labor Statistics will release the figures for August on Tuesday, September 13th. Markets will be eager to find out whether the Fed's rate hikes have managed to have an impact on inflation.
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Apple’s annual presentation was the other major story this week, with the announcement of a range of updated products and software updates. While the event lacks the wow factor that it has provided in past years, the world's most valuable company continues to make incremental improvements to their tech and explore new ways to generate revenue. While some may see this year's event as underwhelming, it is clear that Apple is still working hard to improve their products and find new ways to make money. They are a company to watch in the coming years, as they are sure to continue to innovate and surprise us.
I'm excited for the iPhone 14! I think the camera improvements will be great, and I'm looking forward to trying out the 'Dynamic Island' feature. I think it will be a great phone overall, and I can't wait to get my hands on one!
Apple also announced their update Watches, which included the Apple Watch Ultra, a more rugged version aimed at outdoor pursuits. The new Apple Watch Ultra is the perfect device for those who enjoy spending time outdoors. With its rugged design and enhanced features, it is sure to make any outdoor activity more enjoyable.
Apple's stock price has been in decline since August 17, and the company's most recent event failed to turn things around. The stock finished up 0.42% on the day of the event, but then gave up this ground on Thursday, closing down 0.96%. This downward trend is likely to continue, as investors remain concerned about Apple's long-term prospects.
While Apple may be one of the most well-known companies in the world, it is not the only one that is known for its innovative products and cutting-edge technology.
There is no doubt that tech stocks have had a tough year so far. After seeing such strong performance in 2020 and 2021, the contrast has been stark. Tech companies are facing a number of challenges right now, and their stocks have reflected that. After a brief rebound in mid-June to mid-August, tech stocks have struggled to maintain that momentum in recent weeks. It will be interesting to see how these companies adapt and change in the months and years to come.
This week's top theme from Q.ai: [insert theme here]
The Fed is planning to hike rates multiple times in the near future, and Chairman Jerome Powell is making it clear that they don't intend to wind back these hikes anytime soon. This could have major implications for the economy, so we'll be closely watching to see how things play out.
The Federal Reserve's decision to raise interest rates is intended to slow down consumer spending in order to help control inflation. This move is one of the main ways the Fed can influence inflationary pressures, and it will hopefully help to keep prices in check.
While higher interest rates may help to curb borrowing and encourage saving, they also put a brake on economic growth. Higher repayments on debt can leave consumers with less money to spend on other things, which in turn can lead to lower revenue for companies. This is why rate hikes are usually not good news for the stock market.
In an environment with low economic growth or even negative economic growth, large companies tend to outperform small and mid-sized ones. Big companies generally have a more stable business model, more diversified revenue streams and less reliance on finding new customers. This is why large companies are generally seen as a safe investment during periods of economic uncertainty.
As the world economy becomes increasingly unstable, investors are looking for ways to protect their portfolios. One strategy is to invest in large cap stocks, which tend to be more stable than small and medium cap stocks. The Large Cap Kit from Tryq.ai is a great way to take advantage of this situation. The Kit pairs a long position in large cap stocks with a short position in small and medium cap stocks, providing investors with protection against market volatility.
This means that investors can profit by investing in large cap companies that outperform small and mid-cap companies. In other words, investors can make money even if the overall market is not doing well, as long as large caps are doing better than small and mid-caps.
Get the top trade ideas from experts in the field!
If you're looking for some inspiration for your next project, our AI systems have some great ideas for you. Here are some of their top recommendations for the next week and month. With these ideas, you're sure to get ahead of the competition and create something truly special.
There is no doubt that Nasdaq Inc (NDAQ) is a household name in the financial services industry. Their recent gross profit growth of 59.4% in the year to June 30th is a testament to their continued success. We believe they are a top buy for next week and give them an A rating in Quality Value and Quality Value.
We believe that TG Therapeutics is a top short for next week. The company's earnings per share have dropped 7.95% over the past 12 months, and our AI rating system gives them an F in quality and value. Additionally, their technicals and low momentum volatility are rated as a D. We believe that this company is a risky investment, and recommend shorting their stock next week.
Catalyst Pharmaceuticals (CPRX) is a top pick for next month, with a strong A rating for quality and value, and a B for growth. The company has seen earnings per share grow 11.68% over the past 12 months, making it a great choice for investors looking for solid returns.
We believe that Applied DNA Sciences Inc (APDN) is a company to watch in the coming month. Our AI rating them a D in our Low Momentum Volatility and Quality Value factors indicates that they may be a good candidate for shorting. Earnings per share is down 30.67% over the past 12 months, so we believe that now may be a good time to consider investing in them.
Our AI's top ETF trade for the next month is to invest in natural gas, Chile, and biotech, while shorting China and short dated Treasuries. Top buys are the United States Natural Gas Fund LP, the iShares MSCI Chile ETF, and the SPDR S&P Biotech ETF. Top shorts are the iShares China Large-Cap ETF and the SPDR Barclays 1-3 Month T-Bill ETF.
New Qbits published!
If you're looking to learn more about investing or sharpen your existing knowledge, Qai's Qbits are a great resource. Qbits are published on our Learn Center, where you can find definitions for investing terms, explanations of financial concepts, and tips to improve your skills.
I believe that qbits are a great way to learn about investing concepts in a simple and digestible way. I think they are perfect for busy people who want to learn more about investing but don't have the time to read lengthy articles or books.
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- Volatile stocks are those that tend to see large swings in price over relatively short periods of time. They can be both good and bad investments, depending on the circumstances.
- The taxes on capital gains for crypto holders are complicated and often misunderstood. As crypto values have surged in recent years, so too has the IRS's interest in crypto holders and their taxes.
- A dividend ETF is an exchange-traded fund that focuses on investing in stocks that pay dividends.
