Share: Stock prices accelerated their uptrend yesterday, led by Nvidia which gained over 16% after Wednesday’s earnings release. The S&P 500 reached a new record high...
Share: There is a lot more uncertainty in the market right now, and despite reaching a new record, the uptrend is no longer as evident. On...
Share: The combination of supports and a candlestick formation encouraged the bulls to fight. How high could stock go? Last week turned out to be a...
Share: Trading position (short-term, my opinion; S&P 500 futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the...
Share: Trading position (short-term, my opinion; S&P 500 futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the...
Share: The stock market began the year on a very weak note, but currently, it appears to be just a correction of December’s advances. The S&P...
Share: On Friday, the S&P 500 index retreated from its Thursday’s local high of 4,793.30. However, by the end of the day, it rebounded from the...
Share: The S&P 500 index remained above 4,700 level yesterday and retraced a large part of its Wednesday intraday sell-off. Maintaining a bullish bias is still...
Share: Stocks sold off yesterday, but maintaining a bullish bias is still justified, and the market may have another opportunity to reach new highs. However, it’s...
Share: The S&P 500 index gained 0.59% on Tuesday, further extending the uptrend following last week’s release of the FOMC Statement release on Wednesday, which marked...
Share: BABA stock loses 8%, moving below $80. Revenue for the fiscal Q2 misses consensus by $230 million. Management decides against spinning off the cloud business for...
Share: The S&P 500 index lost 0.81% on Thursday as it bounced from 4,400 level. Stocks retraced some of their recent advances following 30y bond auction...
Share: Mullen Automotive stock trades 9% lower on Tuesday. On Monday, Mullen announced the start of production for its Class 1 EV van. Effective November 2, the...
Share: The S&P 500 index gained 0.84% on Thursday as it broke above the recent local high. The market was advancing after the important Wednesday’s CPI...
Share: USD/CAD stays pressured while justifying Monday’s bearish Doji, reversal from key resistance line. Looming bear cross on MACD, overbought RSI also suggest Loonie pair’s pullback....
Share: USD/MXN remains sidelined after reversing from weekly top. Doji candlestick below the key DMA confluence lures Mexican Peso buyers. Downbeat oscillators, four-month-old bearish channel keeps...
Share: The S&P 500 index gained 0.38% yesterday as it extended its Tuesday’s advance of 1.5%. The market is gaining following worse than economic data amidst...
Share: GBP/USD reverses from one-week low, snaps four-day losing streak. Bullish candlestick, U-turn from key support confluence and RSI’s rebound from oversold territory favor Cable bulls....
Share: Stocks retraced their recent rally yesterday – is this a new downtrend, or just quick correction? The S&P 500 index lost 0.79% on Thursday as...