Inflation, Retail Earnings Hold Keys to the Market's Direction Next Week

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Nasdaq 100 Nouvelles

Cisco Systems Inc,Walmart Inc,Home Depot Inc

Market Overview Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, Cisco Systems Inc, Walmart Inc, Home Depot Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com

Investors are gearing up for what is expected to be an eventful week ahead.In addition, Home Depot and Walmart report quarterly earnings.and the strength of the U.S. consumer while continuing to ponder when the Federal Reserve will start lowering interest rates.

As per Investing.com, the monthly consumer price index is forecast to rise 0.3% in April, after inching up 0.4% in March. Meanwhile, the headline annual inflation rate is seen rising 3.5%, matching the same increase in the previous month. It should be noted that WMT stock appears to be a tad overvalued, according to InvestingPro’s AI-powered quantitative models.Its ‘Fair Value’ price estimate stands at $54.63, which points to a potential downside of nearly 10% from the current market value.As investors navigate through the week, the interplay between economic data, Fed policy, corporate earnings, and market sentiment will shape trading dynamics.

I regularly rebalance my portfolio of individual stocks and ETFs based on ongoing risk assessment of both the macroeconomic environment and companies' financials.

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