Derek Bester

“SUPERBUBBLE” finally popped

News in Brief Bloomberg: US Stocks suffers worst week since January as inflation runs hot TSMC’s $100 billion wipeout fails to faze bullish analysts MarketWatch: ‘Catastrophically bad’ inflation report is boosting chances of a 75-basis-point interest-rate hike BARRON’S Inflation is hot, and stocks are cold. Now the Fed needs to rethink its rosy projections For …

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S&P 500 managed to stay inside Flag

News in Brief Bloomberg: Stocks fall as oil’s ascent stokes inflation fears Surge in China tech stocks kindles hopes for sustained rally MarketWatch: Oil prices could go ‘parabolic’, putting global economy in a ‘critical situation’, says Trafigura chief China’s exports rebounded strongly in May as lockdowns lifted We are still getting undelivered mails to gmail.com …

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S&P 500 still consolidating Sideways below Resistance

News in Brief Bloomberg: JPMorgan’s Kasman sees no recession as Dimon’s hurricane ebbs. Singapore eyes more listings as China firms hedge political risk MarketWatch: Elon Musk says Twitter has failed to provide requested information on fake accounts and spam Australian consumer confidence sours further as costs, rates rise Yahoo! finance: Consumers have to face the …

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