Nvidia earnings and geopolitics could provide needed ‘catalysts’ for market

As corporate profits continue to beat Wall Street expectations, U.S. stocks (^GSPC, ^DJI, ^IXIC) are up from April lows. The market has also started to price in the Federal Reserve’s policy of keeping interest rates higher for longer, but are there other things for investors to consider in the coming months?

Scott Ladner, Chief Investment Officer of Horizon Investments, and Jay Woods, Chief Global Strategist of Freedom Capital Markets, join Market Domination to provide insight on navigating the market in today’s economic environment.

Ladner says the market needs a new catalyst. In the absence of a major catalyst ahead, investors could expect tougher months ahead: “We could indeed have some positive catalysts from a geopolitical perspective. But frankly, I don’t see anything huge on the horizon. I mean, I think it’s going to be a little tough, probably a little tough over the next few months, but going up rather than down.

Woods questions how far profits can push the market: “Individual profits are not enough to move the next step forward. Amazon (AMZN) hit a new high today. It is on the verge of a major breakout. If you look at it on a weekly chart, it hasn’t gotten us that far. Alphabet (GOOG, GOOGL) achieved this, while Microsoft (MSFT) failed to do so with strong earnings. So we don’t see this euphoria. want to see. “

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This message was written by Nicolas Jacobino