VT Markets Forex Commodities<\/a>.<\/h2>\n\n\n\nSTOCK MARKET:<\/u><\/strong><\/p>\n\n\n\n\n- Big Tech Dominance<\/strong>\n
\n- Recent data from FactSet emphasizes continued significance of Big Tech in market dynamics.<\/li>\n\n\n\n
- Market strategists anticipate Big Tech to drive Q4 earnings growth for the S&P 500, countering calls for market rally broadening.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Earnings Expectations<\/strong>\n
\n- Apple, Alphabet, Microsoft, Amazon, Meta, and Nvidia projected to contribute a combined 53.7% earnings growth in Q4.<\/li>\n\n\n\n
- In contrast, expectations for the remaining 494 S&P 500 companies suggest a 10.5% decline.<\/li>\n\n\n\n
- Companies such as Apple, Alphabet, Microsoft, Amazon, and Meta scheduled to report Q4 results this week.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Overall Market Direction<\/strong>\n
\n- Following Tesla’s Q4 disappointment, Evercore ISI’s Julian Emanuel deems stock price reactions to Big Tech earnings as “critical for overall market direction.”<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Massive Expectations for Some<\/strong>\n
\n- Notable earnings projections include Nvidia’s expected 400% YoY growth and Meta’s anticipated 175% YoY growth in EPS.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Continued Growth Anticipation<\/strong>\n
\n- FactSet’s second chart predicts nearly 80% earnings growth in Q1 2024 for Amazon, Alphabet, Meta, and Nvidia.<\/li>\n\n\n\n
- The remaining 496 companies, including Apple, Microsoft, and Tesla, forecasted to grow earnings by a combined 0.3%.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Market Valuation<\/strong>\n
\n- Massive earnings expectations contribute to the S&P 500’s all-time highs, potentially justifying its valuation.<\/li>\n\n\n\n
- Increased technology weight in the index is seen as a factor supporting overall growth.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Tech’s Role in Recent Market Rally<\/strong>\n
\n- Analysis by Yahoo Finance’s Jared Blikre indicates that, excluding Tesla, tech companies drove nearly 90% of the market’s growth during the January rally.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Beyond Quarterly Numbers: Key Market Narratives<\/strong>\n
\n- Tech earnings updates extend beyond financial figures.<\/li>\n\n\n\n
- Focus on narratives during earnings calls, including:\n
\n- Artificial intelligence advancements at Meta and Nvidia.<\/li>\n\n\n\n
- Scrutiny on Microsoft and Amazon’s cloud revenues.<\/li>\n\n\n\n
- Apple’s products business reflecting hardware demand and consumer spending.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Market Significance of Tech Earnings<\/strong>\n
\n- Tech earnings viewed as crucial indicators not only for performance expectations but also potential warnings of economic slowdowns if results fall short of estimates.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
Dive into market dynamics with VT Markets. Read more about the Forex Leverage<\/a> we offer for Forex Trading here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Forex Daily Analysis: 30 Jan 2024 CURRENCIES: Click here to learn more about VT Markets Forex Commodities. STOCK MARKET: Dive into market dynamics with VT Markets. Read more about the Forex Leverage we offer for Forex Trading here.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-10327","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t