
Monday Jun 17, 2024
Weekly Market Updates: 17 June 2024 - FOMC announcement, Nvidia split, Apple, Bitcoin, CPI, PPI, and more!
Welcome to GhosTrades, the ultimate podcast for investors and finance enthusiasts who want to stay ahead of the curve. Join your host, Scott C, every week as he breaks down the latest trends, market movements, and key financial news that matter to you.
In this episode, we dive into the highlights of last week, including the significant FOMC federal funds rate announcement and its implications for the market. With inflation still a hot topic, we explore why the Fed's rate cuts are still on hold and how the rising oil prices and geopolitical tensions are influencing inflation.
We'll also cover the recent performance of major stocks like Nvidia, Apple, and Bitcoin, providing insights into their future trajectories. Discover why Nvidia's 10-for-1 stock split and Apple's breakout are catching investors' attention, and what the recent pullback in Bitcoin means for your portfolio.
Stay informed with updates on crucial economic indicators like the Consumer Price Index (CPI) and Producer Price Index (PPI), as well as upcoming Fed meetings and their potential impact on interest rates. We'll also look at how global events, such as political changes in France, are injecting volatility into the markets and what it means for your investments.
Our easy-to-follow technical analysis, including the use of simple moving averages and market indicators, will help you make informed decisions. Whether you're a seasoned trader or just getting started, GhosTrades provides the insights you need to navigate the financial markets with confidence.
Tune in to stay up to date on market trends, gain valuable investing tips, and ensure you're making the most of your financial strategies. Don't miss this week's episode of GhosTrades' Weekly Market Updates – your guide to smarter investing!