Shesa's Investment Blog

Welcome to my weekend updates Last week the stock market had a huge run. A couple of weeks ago, Nadaq and S&P were in the correction territory and all of a sudden we saw a turnaround.  Both Nasdaq and S&P 500 hit new all-time high last week. On Friday, the S&P 500 closed above 7,100 for the first time, Nasdaq posts longest 13th consecutive win streak since 1992 . The turnaround in the market surprised most of the investors and traders alike! It was too much too fast from negative to positive sentiment. Why did it happen? I will share my view later. Let's a take a look to the indexes: S&P 500 hit new record at 7,126, up +4.5% for the week. Nasdaq, up +6.8% to 24,468. DOW closed at 49,447. The Russel 2000 Small Cap Index is up about 12% year to date beating all other indexes.  What caused this rally?     Easing Iran tensions (Strait of Hormuz reopened, ceasefire hopes) sent oil price sharply lower. Producer Price Index ( PPI ) for March rose ju...

Welcome to my weekend's update After weeks of doldrum last week, the U.S. stock market had its  strongest weekly gains since November , driven by relief over a fragile two-week ceasefire agreement between the U.S. and Iran contingent on reopening the Strait of Hormuz). Over the weekend, negotiation went on between U.S and Iran in Islamabad headed by vice president JD Vance. The Oil prices which is key driver of the inflation fell from about $115 to $95. This brought some relief for the investors.  Overall, last week marked a strong rebound, with the Nasdaq exiting correction territory. Markets remain sensitive to developments in the ceasefire and upcoming earnings season. Volatility could persist next week depending on geopolitical updates, economic data and Q1 earnings results.  All the indexes were up handsomely, particularly Wednesday was huge. S&P 500 : Up 3.6% for the week, closing at 6,816.89 Dow Jones : Up 3%, closing at 47,916.57  Nasdaq Composite : ...

 By Shesa Nayak Welcome to Shesa’s investment Blog!  U.S Stock Market Update The stock market declined for five consecutive weeks before turning into green last week. Both Nasdaq and Dow were already in the correction territory . But last Tuesday and Wednesday market had a relief rally with the hope that a ceasefire is on the card for the U.S - Iran war. President Trump indicated that U.S. forces might exit Iran within two to three weeks. So, we saw some good bounce in the stock market. But it’s difficult to predict how far sustainable that would be. The oil prices have now gone up to $112 a barrel . Yesterday President Trump stated that if Iran does not reopen the Strait of Hormuz within 48 hours , “all hell will break loose” upon them. It’s difficult to predict president’s remark. The market is in chaos and we know that market does not like uncertainty. Most of the time market goes on news and sentiment these days . So, we will have to wait and see how the market reacts on...