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Archives by Year:
Stocks Rally Back From Last Week’s Steep Decline
Image Source: PexelsStocks rallied back on July 22, 2024, with the S&P 500 benefitting from a falling $VIX.Video Length: 00:10:34More By This Author:Stocks Rally Back On July 22 Major Market Reversal Patterns In Place As Semi Stocks Finally Crack Massive Squeeze Causes Huge Move In Small-Cap Stocks
Producer Prices Rose Modestly In Korea While Market Waits For 2Q24 GDP On Thursday
Image Source: PixabayProducer prices rose slightly in June and the market’s attention will be focused on second quarter GDP. If GDP comes in lower than expected, it will complicate the Bank of Korea’s policy decisions, as it will have to decide whether to focus more on weak domestic demand or stabilising household debt. Producer prices rose 2.5% […]
Top Research Reports For Amazon.com, Prologis & Infosys
Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Amazon.com, Inc. (AMZN), Prologis, Inc. (PLD), and Infosys […]
Gold Price Falls Below Key Support As US Yields Climb
Image Source: Pixabay Gold price drops 0.14%, trading at $2,397, influenced by higher US Treasury yields. US President Biden exits race and endorses VP Harris, creating political uncertainty and undermining Gold. Wall Street opens positively post-Biden’s announcement, US Dollar Index remains steady at 104.34. Gold price extends its losses for the fourth straight day yet remains […]
“Dead Cat” Bounce As Weak Buying Visits Indices
Looking at weekly charts, the Nasdaq had finished with a bearish “evening star” candlestick reversal pattern and this is typically followed with further selling. However, while I would be looking for further weakness, we may see on Wednesday or Thursday a spike low that will deliver the aggressive reversal day traders like. Today’s action in […]
Small Cap Rotation: Rally IWM
Image Source: UnsplashIWM ETF appears to be set to make another rally here to the upside as the small-cap rotation continues. Russell 2000 (IWM) pulled back late last week and is now bouncing off of the Fibonacci retracement levels and sets up for a potential rally higher from here.Video Length: 00:05:54More By This Author:Avoiding Lost Profits […]
AUD/JPY Price Analysis: Continues To Decrease After Severe Weekly Loss
Image Source: Unsplash AUD/JPY persists downwards, dropping to 104.30, marking the lowest level since June 18. The negative short-term outlook remains steady as the pair tallied seven losing days out of the last eight. In Monday’s trading, the AUD/JPY pair has continued its downward trend, declining by more than 0.90% to touch 104.30. This substantiates the […]
S&P Dividend Aristocrats And The Search For Income
Image Source: Pixabay A company’s dividend track record is often seen as a sign of corporate maturity and balance sheet strength, but not all dividend strategies are created equal. Join S&P DJI’s Anu Ganti, Ben Voros, and Elizabeth Bebb for an exploration of what makes the S&P Dividend Aristocrats Index Series unique.Video Length: 00:07:15More By This […]
Biden’s Withdrawal From 2024 Presidential Race: What It Means For Lockheed Martin
Image Source: Unsplash In a significant political development, President Joe Biden’s resignation from the 2024 presidential race has spurred discussions about its potential impact on major defense contractors like Lockheed Martin Corp (NYSE: LMT). Despite the political upheaval, Lockheed Martin remains steadfast in its mission, emphasizing that its strategic objectives will persist irrespective of electoral outcomes.Lockheed Martin’s […]
SEC approves Ethereum spot ETFs, trading to start tomorrow
Key Takeaways Ethereum spot ETFs will begin trading on July 23, 2024, following SEC approval. Major financial institutions like Grayscale and Fidelity are set to launch these ETFs. The US Securities and Exchange Commission (SEC) has given the green light for the launch of multiple Ethereum spot exchange-traded funds (ETFs), with trading slated to begin […]
