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Market Momentum Continues: Analyzing The S&P 500, Nasdaq Rise Amid Tech Advances & Inflation Updates

Market Momentum Continues: Analyzing The S&P 500, Nasdaq Rise Amid Tech Advances & Inflation Updates

Image Source: Unsplash  The S&P 500 and the Nasdaq recorded their seventh positive week out of the past eight, with both indexes pushing their record levels higher. The Nasdaq posted a 3.3% total return while the S&P 500 added 1.6%; the Dow was an outlier with a 0.5% decline.The market’s advance remained exceptionally narrow for the […]
USD/JPY Forecast: USD Strong Against Japanese Yen

USD/JPY Forecast: USD Strong Against Japanese Yen

 Technical AnalysisThe technical analysis of course has been very bullish, and he continues to be so going forward. The 50-Day EMA is sitting just above the ¥155 level, an area that of course has been very important multiple times. I think at this point in time, the market is likely to continue to see this […]
Qualcomm Stock Surges As Samsung Partners For Galaxy S25

Qualcomm Stock Surges As Samsung Partners For Galaxy S25

Qualcomm Inc (QCOM) is gaining in premarket on Tuesday following a report that Samsung Electronics Co Ltd (KRX: 005930) plans on switching entirely to chips made by the California based company.  Samsung Galaxy S25 to use QCOM chipsSamsung will exclusively use QCOM’s next-gen chipset in its upcoming Galaxy S25, says Ming-Chi Kuo – a renowned tech […]
Good News On Production Is Overshadowed By The Yellow Caution Flag Of Flagging Real Retail Sales

Good News On Production Is Overshadowed By The Yellow Caution Flag Of Flagging Real Retail Sales

There was good news and not so good news in this morning’s two important data releases. I’ll start with the good news. Both total industrial production an its manufacturing component increased a sharp 0.9% in May. Even after downward revisions of -0.4% in March and -0.3% in April, both were still up 0.5% compared with where […]
Cloud Stocks: Workday Focuses On AI Offerings To Combat Macro Conditions

Cloud Stocks: Workday Focuses On AI Offerings To Combat Macro Conditions

Image Source: Pixabay  Enterprise services provider Workday (Nasdaq: WDAY) recently announced its first quarter results that surpassed market expectations. Due to the macro conditions, Workday reduced its subscription outlook for the year, sending the stock falling 11% in the after-hours trading session.  Workday’s FinancialsWorkday’s first quarter revenues grew 18% to $1.99 billion, ahead of the Street’s […]
Silver Price Forecast: XAG/USD Recovers Strongly From $29.00 On Sluggish US Retail Sales 
                    
Silver technical analysis

Silver Price Forecast: XAG/USD Recovers Strongly From $29.00 On Sluggish US Retail Sales Silver technical analysis

Silver price (XAG/USD) bounces back strongly from the crucial support of $29.00 in Tuesday’s American session. The white metal struggles to gain ground even though the United States (US) Retail Sales grew meagrely by 0.1%, slower than expectations of 0.2% after contracting by 0.2% in April, downwardly revised from a stagnant performance.The US Census Bureau reports that […]
Gold Has An Unfinished Five-Wave Impulse

Gold Has An Unfinished Five-Wave Impulse

Image Source: DepositPhotosGold is trading strongly bullish, ideally unfolding a five-wave bullish impulsive cycle of different degrees. It has turned lower in the last month or so, which has been expected as we saw market in fifth wave of an extneded wave 3 after breaking to new ATH. Well, what we see now is a […]
Ether Has Sights Set On 2021 Record High

Ether Has Sights Set On 2021 Record High

Today, we’re looking at the price of ETH against the US Dollar on the monthly chart.Video Length: 00:00:36More By This Author:Yen Knows Talk Is Cheap RBA Holds, BoJ Ueda Talks Rate Hikes Euro Recovers, Pound Stumbles
Sensex Today Ends 204 Points Higher; Nifty Above 23,550

Sensex Today Ends 204 Points Higher; Nifty Above 23,550

After opening the day higher, Indian share continued the momentum as the session progressed and ended on a positive note.Equity indices hit record highs in early deals and held onto their gains through the day.At the closing bell, the BSE Sensex stood higher by 308 points (up 0.4%).Meanwhile, the NSE Nifty closed higher by 95 points (up 0.4%).Wipro, Titan, […]
GBP/USD Faces Testing Week With UK CPI, BoE And PMIs All On Tap

GBP/USD Faces Testing Week With UK CPI, BoE And PMIs All On Tap

Photo by Colin Watts on Unsplash   The US dollar fell modestly after a weaker-than-expected retail sales print, helping to lift FX pairs like the GBP/USD off their earlier lows, albeit modestly. The GBP/USD has not gone anywhere fast in the past several weeks, although it does face a potentially volatile week with the upcoming Bank of England rate […]