Christopher Pavese’s Post

So often in our business, decisions come down to confidence and cash. Both are clearly still there. If/when the market goes down, paper-money and confidence will too. When those two drop, that is when we have seen medical real estate markets freeze up. I think there is a lot of faith in the markets due to a 10 year bull market and the extraordinarily fast recovery (and new highs) from the pandemic market drop. Cycles still exist.

Stock futures rose slightly Monday as Wall Street looked to shake off a rough start to August. Futures tied to the S&P 500 climbed 0.2%. Those for the Nasdaq-100 gained 0.3%, while Dow Jones Industrial Average futures advanced 65 points, or 0.2%. The moves come as stocks have struggled to sustain their rally in the late summer. Last week, the S&P 500 and Nasdaq Composite fell 0.3% and 1.9%, respectively. It was the Nasdaq Composite’s first two-week losing streak of the year.

Based on the headline, here's a breakdown of the current stock market situation: Market: U.S. Stock Market (possibly referencing S&P 500) Date: Today, March 27th, 2024 (as of the update time which is March 27th, 2024 at 8:37 EDT) Trend: Upward Reason: The headline suggests that stock futures are rising after the S&P 500 had a three-day losing streak. Here's a possible explanation: Stock futures: These are contracts that obligate the buyer to purchase a stock at a certain price by a certain time. They are essentially a way to bet on the future price of a stock. S&P 500 losing streak: If the S&P 500 has been losing value for the past three days, it might have created an opportunity for investors to buy stocks at a discount. This could be why stock futures are rising – investors are anticipating a rebound in the stock market. It's important to note that: This is just a snapshot of the market at a specific time. The market can be volatile and change rapidly. Stock futures are not a perfect predictor of future stock prices.

Stocks finished a robust month by rallying on the last trading day, Friday, June 30th. That also capped a banner quarter and first half of 2023 for the markets. For the month of June, the stock market’s three major indices performed as follows: Dow +4.6% S&P 500 +6.5% Nasdaq +6.6% That was the best monthly performance since October 2022 for the S&P 500 and the fourth consecutive winning month for the Nasdaq.

Stock futures rise as Wall Street tries to recover from Tuesday’s losses: Live updates. U.S. stock futures were higher Wednesday as Wall Street tried to regain its footing following a decline in the previous session. Dow Jones Industrial Average futures rose 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures each climbed 0.2%. Penn Entertainment surged nearly 15% after the casino company said it’s launching an online sportsbook with ESPN, called ESPN Bet, this fall. Stocks struggled Tuesday. The Dow closed... https://lnkd.in/dVCtdq2t

All major U.S. stock market averages are lower today than they were two years ago. The Russell 2000 small-cap index–and most publicly traded stocks are small caps–is below its level in mid-2018, five years ago. Yet each of these indexes is above last year’s lows. Are we in a bull or bear market? Does it matter? Read Thomas Feeney's 3rd Quarter Commentary by clicking below.

#TSLA has experienced a volatile couple of months. The stock tested the $270 level in early-October and then began to decline precipitously in mid-October. By the end of the month, #TSLA had dropped below $200 for the first time since May. As you can see in the chart below, the stock has been trading in a channel for the past month - oscillating between the $225-$250 level. This set the stage for a volatility squeeze play. Yesterday, #TSLA broke out of the channel to the upside on strong volume. This followed a volatile trading session on Wednesday, in which the stock tested the lower end of the channel, rejected that level, then closed on bullish momentum on strong volume. Given the fact that #TSLA broke out on very strong volume, I expect the stock to test the $260 level - which appears to be the most logical resistance level based on the chart - with the $250 price level acting as support. If $TSLA breaks through the $260 level, the stock could quickly jump towards the $280 level without experiencing significant resistance. Obviously, this is just a projection based on a simple price/volume analysis. As any experienced trader/investor understands, the markets are never predictable and even the most sophisticated calculations could be made erroneous by unexpected economic or geopolitical events. However, for those who hold a bullish bias towards #TSLA, now could be a great time to go long or purchase calls.

January 2024 Market & Economic Recap: The Stock Market January's solid gains were upended on the final day of the month with Fed Chairman Jerome Powell's comments that a March rate cut was “probably not the most likely case." On that news, U.S. stocks logged their biggest daily drop of 2024. The S&P 500 fell 1.6% for the day, and the Nasdaq Composite saw its largest single-day decline since December 2022. But tempered hopes for a March rate cut didn’t spoil the entire month’s gains after the markets entered all-time high territory multiple times in January, still ending positive. For the month of January, the stock market’s major indices performed as follows: The Dow +1.2% S&P 500 +1.6% Nasdaq +1% *** Source: https://lnkd.in/e75Yg39M