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Trump's Considering Powell Replacements, Equities Edge Higher
Manage episode 490978308 series 3645668
Kevin Green says economic data this week could give bulls further fuel to run higher. He points out the PCE data on Friday being a potential catalyst for the S&P 500 (SPX) to make new all-time highs, but highlight that S&P 500 futures are already hitting highs. Later, he discusses the reports that President Trump is considering replacement picks for Jerome Powell. KG underlines a point he made earlier this week about Nvidia (NVDA) being a key component to pulling the broader markets to new milestones, but cautions investors to consider headwinds facing the A.I. chipmaker. For the day's trading range, he's watching 6130 to the upside and 6055 to the downside as a first zone of support.
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5648 episodes
Manage episode 490978308 series 3645668
Kevin Green says economic data this week could give bulls further fuel to run higher. He points out the PCE data on Friday being a potential catalyst for the S&P 500 (SPX) to make new all-time highs, but highlight that S&P 500 futures are already hitting highs. Later, he discusses the reports that President Trump is considering replacement picks for Jerome Powell. KG underlines a point he made earlier this week about Nvidia (NVDA) being a key component to pulling the broader markets to new milestones, but cautions investors to consider headwinds facing the A.I. chipmaker. For the day's trading range, he's watching 6130 to the upside and 6055 to the downside as a first zone of support.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
5648 episodes
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