Newsletter Subject

Stocks Close Higher In Record Territory After Fed Reiterates Expectation For 3 Rate Cuts This Year

From

zacks.com

Email Address

profit4u@email.zacks.com

Sent On

Thu, Mar 21, 2024 12:02 PM

Email Preheader Text

Market Moves You Need to See Stocks Close Higher In Record Territory After Fed Reiterates Expectatio

Market Moves You Need to See Stocks Close Higher In Record Territory After Fed Reiterates Expectation For 3 Rate Cuts This Year [Kevin Matras - EVP - Photo] Profit from the Pros By Kevin Matras Executive Vice President Stocks Close Higher In Record Territory After Fed Reiterates Expectation For 3 Rate Cuts This Year [Stocks Close Higher In Record Territory After Fed Reiterates Expectation For 3 Rate Cuts This Year]Image: Bigstock Stocks closed higher yesterday with all of the major indexes in the green. And each of the big three indexes also made new all-time high closes. The Fed, as expected, left interest rates unchanged, noting that "the economic outlook is uncertain, and the Committee remains highly attentive to inflation risks." Regarding the recent slowdown in disinflation, Fed Chair Jerome Powell, in his press conference following the FOMC announcement, said "we don't know if this is a bump in the road or something more." They said they will remain data dependent. But they put the market at ease by reiterating their expectation for 3 (quarter point) rate cuts this year. Stocks were modestly lower before the announcement, but then turned higher afterwards, and continued to climb as Mr. Powell spoke, before finally closing at their best levels of the day. In other news yesterday, MBA Mortgage Applications were off -1.6% w/w with purchases down -1.2%, and refi's down -2.5%. And the Atlanta Fed Business Inflation Expectations ticked up to 2.4% y/y from last month's 2.3%. Today we'll get Weekly Jobless Claims, the Philadelphia Fed Manufacturing Index, the PMI Composite Index, Existing Home Sales, and Leading Indicators. And we'll see if the market can add to yesterday's impressive gains. YTD, the Dow is up 4.84%, the S&P 500 is up 9.53%, the Nasdaq Composite is up 9.05%, the small-cap Russell 2000 is up 2.36%, and the mid-cap S&P 400 is up 7.12%. And it looks like there's a lot more upside to go. Not only do the fundamentals underscore this idea, but so do the cyclical tendencies, namely the 4-year Presidential cycle, which shows that year 4 (that's this year) is the second-best year of all four years (second only to year 3 which was last year). So make sure you're taking full advantage of it. See you tomorrow, [Kevin Matras - Signature] Kevin Matras Executive Vice President, Zacks Investment Research [See ALL Zacks' Long-Term Picks for Only $1]( Confidently navigate today's market with Zacks' private investment recommendations. These picks are based on the system that has more than doubled the market since 1988 (including bear markets) and pointed investors to 32 double- and triple-digit winners last year alone. Starting today, for one month, you can follow these exclusive portfolios in real time from the best stocks under $10 to Warren Buffett-style value plays to high-paying dividend stocks. Total cost $1. No gimmicks. [See Stocks Now »]( Today's Top Research [This Sector Triggers a Powerful 'Buy' Signal]( Right now, the retail sector is breaking out thanks to underlying strength in these stocks. [Read More »]( [U.S. Housing Starts & Permits Surge in February: 5 Top Picks]( The recent resurgence in U.S. home construction in February makes it particularly beneficial for these homebuilding companies. [Read More »]( [Handicapping Q1 Earnings: What to Expect]( The Q1 reporting cycle will pick up considerable steam when the big banks begin revealing results on April 12. [Read More »]( [3 Medical Info Systems Stocks to Buy as Industry Improves]( The past three years of health crisis have led to exponential growth in the Medical Info Systems industry. [Read More »]( [Global ETFs Soar to Record $12.3 Trillion]( The global ETF market has been witnessing an unprecedented surge. [Read More »]( [Your Exclusive Access to Today's Top ETFs]( Use Zacks ETF Rank to help you select the very best ETFs for your portfolio. This quantitative ratings system takes into account asset class forecasts as well as several ETF-specific factors. All to give you a comprehensive account of a fund's potential before you invest your money. [See Today's Top-Ranked ETFs »]( [Bull of the Day: UiPath (PATH)]( Investors should be looking for an entry into this overlooked AI play. [Read More »]( [New Zacks Strong Buys for March 21st]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( More Zacks Resources Mobile App Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on Zacks.com. [Download our Zacks App for Apple iOS]( [Download our Zacks App for Android]( Zacks Members' Success Stories Visit [Success Stories]( to hear how Zacks research, tools and portfolios help our members outperform the market. Get all of our market insights and much more when you connect with us. [Visit Zacks on Facebook]( [Follow Zacks on Twitter]( [See Zacks videos on YouTube]( [Join Zacks on LinkedIn]( [Read Zacks Commentary on StockTwits]( This free resource is being sent by [Zacks.com](. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms of Service". [www.zacks.com/terms_of_service]( Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The Zacks #1 Rank Performance covers the period beginning on January 1, 1988 through January 1, 2024. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank #1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit [( for information about the performance numbers displayed above. Zacks Emails If you would prefer to not receive future profit-producing emails from [Zacks.com]( the primary purpose of which is the commercial advertisement or promotion of a commercial product or service, then please [click here]( and confirm your request. If you have trouble with the unsubscribe link, please email support@zacks.com. Zacks Investment Research 10 S. Riverside Plaza, Suite 1600 Chicago, IL 60606

Marketing emails from zacks.com

View More
Sent On

07/12/2024

Sent On

07/12/2024

Sent On

05/12/2024

Sent On

04/12/2024

Sent On

04/12/2024

Sent On

02/12/2024

Email Content Statistics

Subscribe Now

Subject Line Length

Data shows that subject lines with 6 to 10 words generated 21 percent higher open rate.

Subscribe Now

Average in this category

Subscribe Now

Number of Words

The more words in the content, the more time the user will need to spend reading. Get straight to the point with catchy short phrases and interesting photos and graphics.

Subscribe Now

Average in this category

Subscribe Now

Number of Images

More images or large images might cause the email to load slower. Aim for a balance of words and images.

Subscribe Now

Average in this category

Subscribe Now

Time to Read

Longer reading time requires more attention and patience from users. Aim for short phrases and catchy keywords.

Subscribe Now

Average in this category

Subscribe Now

Predicted open rate

Subscribe Now

Spam Score

Spam score is determined by a large number of checks performed on the content of the email. For the best delivery results, it is advised to lower your spam score as much as possible.

Subscribe Now

Flesch reading score

Flesch reading score measures how complex a text is. The lower the score, the more difficult the text is to read. The Flesch readability score uses the average length of your sentences (measured by the number of words) and the average number of syllables per word in an equation to calculate the reading ease. Text with a very high Flesch reading ease score (about 100) is straightforward and easy to read, with short sentences and no words of more than two syllables. Usually, a reading ease score of 60-70 is considered acceptable/normal for web copy.

Subscribe Now

Technologies

What powers this email? Every email we receive is parsed to determine the sending ESP and any additional email technologies used.

Subscribe Now

Email Size (not include images)

Font Used

No. Font Name
Subscribe Now

Copyright © 2019–2025 SimilarMail.