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Quick hit free slot

Posted by Slot Games on September 23, 2024 at 11:59am 0 Comments

Quick hit free slot



Quick Hit Slots Machine



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Piggy Go Free Dice Links

Posted by Slot Games on September 23, 2024 at 11:59am 0 Comments

Piggy Go Free Dice Links



Piggy GO was dispatched by Forever9 Games. Piggy GO is an easygoing single player dice moving prepackaged game. At the present time Piggy GO has 1 Million+ downloads with 211K reviews and 4.6 star assessments on Google Play Store and 507 K disciples on Facebook. It includes tossing the dice as a system to repay you parts like strike, predetermination and attack which will help… Continue

Are We Seeing a Rotation or Early Signs of Sizable Pullback?

Are We Seeing a Rotation or Early Signs of Sizable Pullback?

This week, were looking for the battle to continue between tech-led growth stocks and cyclicals or companies that are usually affected by economic conditions.To get more news about WikiFX, you can visit wikifx official website.

“When the economy is roaring, they‘re roaring. When the economy is weakening, they’re weakening,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “The economy will roar, at least for a period of time. Theres huge pent-up demand, whether just for travel or going back to work.”

Strong earnings, progress in vaccination rollouts and hopes of a $1.9 trillion federal coronavirus relief package is expected to continue to provide support, but some feel the equities face some headwinds.

Bank of America expects a more than 10% pullback in stocks, which are trading at more than 22 times 12-month forward earnings, the most expensive since the dot-com bubble of the late 1990s.

Some see a little time before the next sizable pullback. Peter Cardillo, chief market economist at Spartan Capital Securities in New York said, “What we saw (last week) represents a market that is tired and may not do very much. So we are headed for some sort of a pullback, but I don‘t think we’re there just yet.”

Last Weeks Recap

The major U.S. stock indexes finished mixed on Friday as investors continued their rotation by selling technology shares that have rallied through the pandemic and moving into cyclical stocks set to benefit from pent-up demand once the coronavirus pandemic is subdued.

Cash Market Performance

In the cash market on Friday, the benchmark S&P 500 Index settled at 3906.71, down 7.26 or -0.19%. The blue chip Dow Jones Industrial Average finished at 31494.32, up 0.98 or -0.00% and the technology-driven NASDAQ Composite Index closed at 13874.46, up 9.10 or +0.07%.Value stocks rose 0.6% while growth fell 0.6%. Industrials led rising sectors in the S&P 500, spurred by a 9.9% surge in Deere & Co and Caterpillars 5.0% gain to an all-time peak of $211.40 a share. Financials, materials and energy, along with industrials, rose more than 1%. The S&P 1500 airlines index jumped 3.5%, with post-pandemic travel in focus.

The stay-at-home winners, including Microsoft Corp, Facebook Inc, Alphabets Google and Netflix Inc, fell in a trend seen for most of the week. Amazon.com Inc also fell, as investors sold the leaders in the big rally since last March.

Applied Materials Inc was among the top boosts to both the NASDAQ and the S&P 500, rising 5.3% to $119.46, after it forecast second-quarter revenue above market expectations. Demand its semiconductor manufacturing tools has picked up during a global shortage of semiconductors.

Deere raised its 2021 earnings forecast. Deere reported profit more than doubled in the first quarter on rising demand for farm and construction machinery.

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