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TrendSpider Blog

07/15/2024

It’s Prime Time To Save Big On TrendSpider

Hello, traders! In honor of all the deal-hunting, lightning-deal-loving shoppers out there, TrendSpider is rolling out a Prime Day special that’s too good to miss. You don’t even have to be a member to take advantage of it: This Prime […]

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07/15/2024

Super Micro Computer To Join Nasdaq 100 Index

Key Takeaways Super Micro Computer Inc. Added to Nasdaq-100 NDAQ (Nasdaq, Inc.) has announced that SMCI (Super Micro Computer Inc.), a Total IT Solution Provider specializing in AI, Cloud, Storage, and 5G/Edge, will become a component of the NDX (Nasdaq-100 […]

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07/12/2024

Market Update Into July 15th: Rotation and The Golden Fibonacci Extension

This week, all eyes were on CPI, which came in slightly cooler than expected, thus increasing the odds of a September rate cut (now 89%) and causing a sharp rotation across the markets. Traders fled large-cap growth for the severely […]

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07/12/2024

Tesla Delays Robotaxi Event

Key Takeaways Event Postponed Amid Prototype Development TSLA (Tesla) has decided to delay its much-anticipated Robotaxi event from August 8th to October 2024, as the company reportedly needs additional time to develop the prototypes. The postponement reflects Tesla‘s ongoing challenges […]

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07/12/2024

June Inflation Dip Sets Scene For Rate Cuts and Rotation

Key Takeaways June Inflation Report The latest inflation report from the Labor Department showed a 3% increase in overall prices in June, down from 3.3% in May, marking the smallest rise in a year. This decline was largely driven by […]

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07/11/2024

Instantly Identify Leaders and Laggards with Relative Performance

As traders, we all share one ultimate goal: finding the best stock to own at any given moment. But how can we truly identify the top performer without fully understanding how it stacks up against the rest? While this might […]

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07/09/2024

Boeing to Plead Guilty to Fraud in 737 MAX Case

Key Takeaways Plea Deal and Financial Penalties BA (Boeing) has agreed to plead guilty to criminal fraud conspiracy in a Justice Department deal, reversing their previous ‘not guilty’ plea from January 2023. This agreement stems from Boeing‘s actions to mislead […]

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07/05/2024

Market Update Into July 8th: Fireworks Across The Markets

If there were a week in the markets to expect fireworks, this one would be it, so it’s no surprise to see yet another explosive rally from the major indexes. After all, what’s more patriotic than celebrating our independence with […]

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07/05/2024

Pelosi’s New Positioning

Key Takeaways Major trades in Broadcom and NVIDIA In a recent series of noteworthy trades, Congresswoman Nancy Pelosi from California’s 11th congressional district took substantial positions in AVGO (Broadcom Inc.) and NVDA (NVIDIA Corporation) On June 24, 2024, Pelosi purchased […]

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07/05/2024

The June Jobs Report Has Arrived

Key Takeaways Robust Job Growth, Rising Unemployment, and Easing Wage Growth Today, the Bureau of Labor Statistics released the June jobs report, revealing that employers added 206,000 nonfarm payrolls, exceeding economists’ expectations of 189,500 jobs. This robust job growth highlights […]

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