Beat the Street: investors position themselves ahead of Fed rate decision

(Video Transcript Summary)

Global uncertainty increases pressure on stock market

In his video, Beat the Street host Angela Barnes talks about a few significant topics in the world of trading. She mentions McDonald's, Apple and the US Federal Reserve. She also talks about a deal between Solantis and Ford with the United Automobile Workers (UAW) union.

Angela then provides an overview of the state of the stock markets. All three major US indexes are expected to have a good start. However, recent events like the increase in Treasury yields and uncertainty around the world have put pressure on stocks. The S&P, one of the major indexes, has actually gone down this month.

Disappointing results from tech companies haven't helped either. People will be especially interested in how Apple does, since it's the biggest company in the S&P 500 index.

McDonalds share price rises by 2.64%

The host says McDonald's earnings report shows that their revenue, sales and income have all increased. As a result, the stock price has gone up by 2.64%. She also mentions other companies like Advanced Micro Devices (AMD), Pfizer, Caterpillar, Kraft Heinz, Abbott and Avis Budget who will be releasing their earnings reports soon.

Next, the focus shifts to the Fed. They will be deciding on a rate change, which could affect the US dollar. The Bank of England and Bank of Japan are also having meetings this week to discuss their monetary policies.

Investors are uncertain about what the Fed will decide, as this has been a topic of discussion since their last meeting in September. She also mentions that there will be some important employment reports coming out this week, including the one on non-farm payrolls.

Guest analyst Chris Vecchio, head of futures and forex at tastylive, joins Angela to discuss the potential impact on the US dollar and trading opportunities. Chris says that, despite rising Treasury yields, the dollar has still been doing well.

He says Fed officials have hinted that they may not increase rates again. The focus will be on the job market and the non-farm payrolls report. Chris believes that the dollar will remain strong, but it may be hard to see more gains.

Investors shift to safety of oil and gold

The host talks about the shift towards safe investments like oil and gold. Oil prices have gone down due to concerns about supply and demand. On the other hand, gold prices have gone up because of worries about geopolitical issues in the Middle East. Shaun thinks this trend will continue.

Thank you for watching IGTV! Stay tuned for more updates and analysis about the market.