November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision
Portfolio Pulse from Piero Cingari
Market participants are largely expecting a rate cut at the Federal Reserve's November meeting, with a 96% chance of a quarter-point cut. This optimism has led to gains in major indexes like the S&P 500 and Nasdaq 100. However, political uncertainties due to the upcoming presidential election could impact market sentiment.
October 26, 2024 | 12:00 pm
News sentiment analysis
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POSITIVE IMPACT
Astera Labs Inc. has seen a 51.74% increase in its stock price since September 18.
Astera Labs' stock price surge is part of a broader market trend, indicating a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Aurora Innovation Inc. has seen a 35.5% increase in its stock price since September 18.
Aurora Innovation's stock price surge is part of a broader market trend, indicating a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
KE Holdings Inc. has experienced a 48.26% rise in its stock price since September 18.
KE Holdings' stock price increase aligns with market optimism, suggesting a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Cameco Corp. has seen a 33.62% increase in its stock price since September 18.
Cameco Corp's stock price surge is part of a broader market trend, indicating a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Futu Holdings Ltd. has experienced a 46.0% rise in its stock price since September 18.
Futu Holdings' stock price increase aligns with market optimism, suggesting a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
JD.com Inc. has seen a 46.1% increase in its stock price since September 18.
JD.com's stock price surge is part of a broader market trend, indicating a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
MicroStrategy Inc. has surged 79.7% since September 18, making it the top performer among large-cap stocks in this period.
MicroStrategy's significant stock price increase is likely driven by broader market optimism and specific company factors, suggesting a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The Invesco QQQ Trust has risen around 4% since September 18, reflecting strong market optimism due to expected Fed rate cuts.
The QQQ ETF, representing the Nasdaq 100, has experienced a significant rally due to expectations of a Fed rate cut, indicating a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SoFi Technology Inc. has experienced a 34.61% rise in its stock price since September 18.
SoFi Technology's stock price increase aligns with market optimism, suggesting a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
The SPDR S&P 500 ETF Trust has gained approximately 3% since September 18, reflecting optimism from the anticipated Fed rate cut.
The SPY ETF, representing the S&P 500, has seen gains due to investor optimism about a potential rate cut by the Fed. This suggests a positive short-term impact on SPY.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
United Airlines Holdings Inc. has seen a 41.55% increase in its stock price since September 18.
United Airlines' stock price surge is part of a broader market trend, indicating a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Vistra Corp. has experienced a 37.77% rise in its stock price since September 18.
Vistra Corp's stock price increase aligns with market optimism, suggesting a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60