A Beginner's Guide to Understanding the Stock Market: Jan 30th Edition

Futures are slightly down ahead of fed meeting tomorrow and Tech earnings on the agenda. 

Newsworthy

Apple's Vision Pro is launching in the U.S. on Friday, it is hailed as the next big thing since the Apple Watch in 2015. The product has a $3500 price tag.

General Motors (GM) popped 7% after reporting a better than expected earnings report. Honestly, I think the market is just desperate for another Tesla, but there isn't any.

Federal Reserve will keep rates the same at their meeting tomorrow. 

International Monetary Fund (IMF) raises global growth forecast to 3.1% on U.S. strength and China support. 

Stocks I think are interesting

AMD downgraded to outperform with a PT of $195. 

Bank of America (BAC) upgraded to Overweight with a $14 PT.

Citigroup (C) upgraded to overweight with a $65 PT. 

Goldman Sachs (GS) upgraded to overweight, ok I am sensing a 2024 trend for financial stocks.