US equity markets return after a long weekend. Big earnings week with Netflix later this week. Big technical levels could stall any more gains. The equity...
US inflation came in line with expectations. The kneejerk market reaction to the data was surprisingly negative, but the major US stocks The indices extended the...
Market sentiment remains dicey amid a cautious mood ahead of the key data. S&P 500 futures struggle to track Wall Street’s gains at one-month high. US...
Here is what you need to know on Friday, January 6: Nonfarm Payrolls (NFP) gave the market the number they wanted and this time we again...
A significant improvement in investors’ risk appetite backed the recovery in the Asian indices. Asian equities to display a decisive move post the release of the...
Asian stocks have rebounded as shrinkage in US manufacturing activities trims further policy tightening by the Fed. Chinese equities have soared after the release of an...
The Cable is displaying a sideways auction ahead of US Employment data. Investors’ risk appetite has trimmed as S&P500 futures are facing immense heat. The RSI...
Weekly forecast (January 3 – 5, 2023) Uptrend scenario An uptrend will start as soon as the market rises above resistance level 3975, which will be...
GBP/USD Forecast: Pound Sterling could stage a correction in case 1.1900 holds GBP/USD has turned south and declined to fresh monthly lows near 1.1900 with the...
USD/JPY has sensed hurdles around 131.00 ahead of US ISM Manufacturing PMI data. S&P500 futures are expected to react to weaker economic projections from the IMF....
Market sentiment remains dicey amid mixed sentiment over Covid, US data. S&P 500 Futures pares recent gains with mild losses. US 10-year Treasury yields stabilize after...
Analysts are rewarding stocks like Netflix when they provide good news. Nike stock is also ready to move higher on a wave of analysts’ support. Biogen...
Weekly forecast (December 27 – 30, 2022) Uptrend scenario An uptrend will start as soon as the market rises above resistance level 3975, which will be...
Inflation cooled, but it’s still running hot at over 4.5% core. The Index of Leading Indicators is trending lower and accelerating. The market may rally, but...
Wednesday’s Santa rally finally arrives for the S&P 500 as major stock indices close higher. Optimism on Thursday proves short-lived as Europe turns lower. Jobless claims...
The Emini S&P March hit my 3810/00 target with a low for the day exactly here. Nasdaq March lower as predicted to my next target of...
Here is what you need to know on Friday, December 16: We made it to the end of the week and it was certainly a lively...
The S&P 500, the Nasdaq 100, and the Dow Jones remain positive. Softer than expected, US CPI data augmented speculations that the Fed will be less...
Equities recovered on Thursday despite yields rising. Oil continues to suffer despite supply fears. PPI is the highlight today, but risk is limited before next week....
Here is what you need to know on Friday, December 9: Equity markets recovered ground on Thursday on the back of no news. That may be...