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JNJ Should Rally Soon Or See 3 Swings Higher At Least

JNJ Should Rally Soon Or See 3 Swings Higher At Least

Johnson & Johnson (JNJ) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average, and the company is ranked No. 36 on the 2021 Fortune 500 list of the largest United States corporations by total revenue.  […]
Nio Stock Price Analysis: Cheap And A Good Speculative Buy

Nio Stock Price Analysis: Cheap And A Good Speculative Buy

Nio (NIO) stock price has crashed hard after peaking at almost $67 in 2021. It has plunged by over 51% this year, bringing its valuation to over $8.6 billion. Also, the stock has melted by more than 55% in the past 12 months. The EV industry woesNio’s downfall has happened in sync with other EV companies, which […]
Eurozone Inflation Ticks Down In June

Eurozone Inflation Ticks Down In June

The eurozone’s inflation rate has come down from 2.6% to 2.5%, while core inflation remained at 2.9%. Nothing in these figures would make the ECB cut again in July, and we think it’ll be eagerly awaiting data over the summer before seriously debating its next rate cut in SeptemberThe eurozone’s inflation reading for June didn’t bring much that […]
GBP/JPY Forecast: Strong Rally Amid Wide Interest Rate Differential

GBP/JPY Forecast: Strong Rally Amid Wide Interest Rate Differential

Short-term Pullbacks are OpportunitiesShort-term pullbacks should end up being buying opportunities and I would be very interested closer to the 203.50 level and area that we had broken above early during the session. After that, you have the 202 yen level and then the 200 yen level, both offering support and with the 50 day […]
Daily Market Outlook – Tuesday, July 2

Daily Market Outlook – Tuesday, July 2

Image Source: Pexels  Japanese equities in Asia surged, particularly in the banking sector, as lending rates are expected to rise, bringing the Japan equity benchmark closer to a record high. Bank and insurance companies in Japan contributed significantly to the advance, while the MSCI Asia Pacific Index rose to its highest level since late May. Hong […]
Micro/Small Cap AI Stocks Portfolio Declined +10% In June

Micro/Small Cap AI Stocks Portfolio Declined +10% In June

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Photo by Steve Johnson on Unsplash  Our munKNEE Micro/Small Cap AI Stocks Portfolio of 10 stocks continued its upward climb in June advancing by 10.2% on top of an 18.1% advance in May. The Portfolio is presented below with […]
EUR/USD Forex Signal: Euro Is At Risk Of Retesting June Lows

EUR/USD Forex Signal: Euro Is At Risk Of Retesting June Lows

Bearish view Sell the EUR/USD pair and set a take-profit at 1.0670. Add a stop-loss at 1.0770. Timeline: 1-2 days.  Bullish view Set a buy-stop at 1.0730 and a take-profit at 1.0800. Add a stop-loss at 1.0670. The EUR/USD exchange rate rose after the French election and then reversed gains as investors assessed enduring political risks in […]
Tuesday Talk: Short Week Fourth

Tuesday Talk: Short Week Fourth

Will July 2024 stick to tradition? From 1928, the S&P 500 has experienced an average gain of 1.7% in July and ended higher more than 60% of the time. The chart below courtesy of The Motley Fool, shows what investors might expect from this month.  The Motley Fool We shall see. This week is a short trading week due […]
Two Trade To Watch: EUR/USD, USD/JPY Forecast – Tuesday, July 2

Two Trade To Watch: EUR/USD, USD/JPY Forecast – Tuesday, July 2

Image Source: Unsplash   EUR/USD looks to inflation data & Fed Powell speech Eurozone CPI is expected to cool to 2.5% YoY FROM 2.6% French election still creates some uncertainty EUR/USD struggles above 1.07 The euro has given back some of yesterday’s gains as investors continue to digest the first round of French elections and look […]
USD/CAD Gains Traction Above 1.3700 As US Dollar Rebounds Ahead Of Fed’s Powell Speech

USD/CAD Gains Traction Above 1.3700 As US Dollar Rebounds Ahead Of Fed’s Powell Speech

The USD/CAD pair trades on a stronger note near 1.3745 during the early European session on Tuesday. The uptick of the pair is supported by the firmer Greenback and higher US Treasury bond yields. Later in the day, the Canadian S&P Global Manufacturing Purchasing Managers Index (PMI) for June is due, which is estimated to improve […]