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Stocks didn’t do much yesterday, with the S&P 500 index closing just 0.09% higher. The market has further extended its short-term consolidation following a retreat from last Thursday’s new record...
The sell-off in Nvidia (NASDAQ:NVDA) deepened yesterday and sent the shares into the correction territory following a 10% sell-off. Nvidia shares erased around $430 bn in market cap over the past...
Friday’s trading session didn’t bring much change for the stock market, with the S&P 500 index closing 0.16% lower. It fluctuated following its Thursday retreat from a new record high of...
US tech stocks soar to new highs, while Europe struggles to regain footing. Key technical levels for both Nasdaq 100 and DAX should be watched closely this week. Light economic data might give...
Bitcoin, the world’s leading cryptocurrency, is entering a period historically marked by reduced trading activity and price stagnation, often referred to as the “summer doldrums.” This seasonal...
Core PCE inflation, Q1 GDP, Fed Speakers will be in focus this week. Micron is a buy with a strong beat-and-raise quarter expected. Walgreens Boots Alliance is a sell with downbeat earnings on...
Thursday’s trading session brought more volatility for the stock market, with the S&P 500 index reaching a new record high of 5,505.53 but closing 0.25% lower. Today, the index is likely to open...
Stocks finished flattish, with the S&P 500 down around 20 bps, but with 297 stocks up and just 204 down on the day. Today is the big quadruple witching day, with a large amount of gamma due to...
Short to medium-term market breadth conditions have improved which may offset the potential overconcentration risk inherent in Nvidia The earlier lagged quality factor has now joined the positive...
Nasdaq futures point to another record high, fueled by tech optimism and hopes of central bank rate cuts. The rally might be overbought, but the trend is still up. Traders can focus on buying the...
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