Nasdaq Futures (NQ) display a bearish sequence with a lower low from the 13 August high, signaling potential for further declines. The decline from this peak...
Top of the 4-month channel and VAH are the last daily supports. Acceptance back above 24,052 reopens 24,542/24,846; a daily close below 23,748 risks a slide...
Executive summary Trend bias: Bullish wave iii nearing its end. Immediate target: 24,165 based on 1.618 extension of wave i. Key level: Wave iv decline is mild and likely...
QuantumScape (QS), the leading commercial developer of solid-state batteries, has now rallied for nine consecutive sessions. This has led the battery maker to a new three-year...
Spotify (SPOT) Elliott Wave Analysis | Trading Lounge Daily Chart SPOT Elliott Wave Technical Analysis FUNCTION: Counter-Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave {iv} of 5 DIRECTION: Potential bottom forming in...
S&P 500 marks new all-time high at 6,170. NASDAQ also garners new all-time high on Friday. Rising PCE inflation in May fails to distract investors. UBS...
S&P 500 rises 0.5% then pulls back to even on volatile Friday session. About $6.5 billion in notional options trades expire on Friday. Accenture stock slips...
Market shudders as UnitedHealth cuts 2025 guidance by more than 10%. Largest US insurer sees major rise in healthcare expenses. UNH stock gets hit by historic...
Donald Trump pauses his “reciprocal” tariffs for 90 days. Dow Jones pharma stocks reverse higher on tariff pause. Trump raises his tariffs on Chinese goods to...
Trump administration will halt auto tariffs from Mexico and Canada for one month. Dow Jones, NASDAQ, S&P 500 jump more than 1%. The US stock market...
Elliott Wave Analysis: S&P 500, NASDAQ 100, DAX 40, FTSE 100, ASX 200. Introduction Discover actionable Elliott Wave insights and trading strategies covering major indices like...
Nasdaq100 (NQ) edged lower Friday after strongly reversing from the intraday high in the US afternoon. With the lower January low and high vs the December...
In our previous update from two weeks ago, when the NASDAQ100 (NDX) was trading at $19000, we found that “contingent on holding above last week’s low,...
Midweek turmoil hit global chip stocks following reports of tighter US export restrictions and rising geopolitical tensions, spurred by remarks from former President Donald Trump. We...
Indices in the US went in different directions. While the market’s flagship gainer of recent years, the Nasdaq100, has lost nearly 2.9% from its peak just...
Trump Media stock rotates 4% lower after gaining in premarket. Donald John Trump was convicted of 34 felony counts for falsifying business records on Thursday. New...
Core PCE data from the US shows monthly inflation arriving below expectations. Downwardly revised consumer spending data and Q1 GDP growth earlier in the week worry traders....
GameStop ends share sale that began on May 17. GameStop sold all 45 million shares for $933 million. NASDAQ reaches 17,000 for first time in history....
Sweetgreen stock sailed up to a 13-month high on Friday. Salad chain is expanding its automated kitchen concept. Margins rose quickly in Q1, and management thinks...
Canada’s most important tech firm, Shopify, posted adjusted beat for Q1. GAAP EPS, however, fell to a loss due to higher costs. Q2 guidance shows some compression...