Chris Murphy

Apr 12, 2024 | seekingalpha.com | Chris Murphy

Apr. 12, 2024 5:01 PM ETXLK, XLC, XLY, AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA, XLI, XLB, XLF, XLRE, XLE, XLU, XLV, AAPL:CA, AMZN:CA, GOOG, GOOG:CA, META:CA, MSFT:CA, NVDA:CA, TSLA:CASummaryIn 2024, a broader participation from sectors other than technology is taking form. The S&P 500 will need strong performance from cyclicals, financials, and energy. Technology stocks outperformed the S&P 500 in 2023, but are now underperforming in 2024.

Mar 27, 2024 | seekingalpha.com | Chris Murphy

Mar. 27, 2024 9:45 PM ETSPY, QQQ, AAPL, TSLA, AMZN, META, NVDA, GOOGL, MSFT, AAPL:CA, AMZN:CA, GOOG, GOOG:CA, META:CA, MSFT:CA, NVDA:CA, TSLA:CA, RSPSummaryThe Fed could push the S&P 500 into a correction with any delays in rate cuts. The S&P 500 has seen gains of 9.66% year-to-date, on top of gains from 2023. The market's significant gains are benefiting short-term investors but pose downside risks.

Mar 22, 2024 | seekingalpha.com | Chris Murphy

With a strong equity market and all-time highs for the S&P 500 and the Dow Jones Industrial Average, investors are clearly bullish, fueled by growth in the U.S. economy, the prospect for future earnings growth, developments in technology, and the expectation of Fed rate cuts. However, the equity market rallies could be a double-edged sword, meaning the huge market gains are creating a wealth effect. As a result, the Fed has another reason for keeping rates higher for longer.

Jan 7, 2024 | investopedia.com | Chris Murphy

What Is a Reciprocal Currency? In the foreign exchange (forex) market, a reciprocal currency describes a situation where a currency pair involves the U.S. dollar (USD), but the USD is not the base currency; instead, it is the quote currency (also known as the counter currency). A reciprocal currency is thus quoted in terms of U.S. dollars per unit of foreign currency instead of units of currency per dollar.

Oct 12, 2023 | investopedia.com | Chris Murphy

What Is Repatriation? Repatriation refers to the return of people, money, or objects of cultural heritage to their country or culture of origin. In finance, the term repatriation refers to the conversion or exchange of foreign currency into someone's home currency.