Bloomberg: Stocks notch their best three-day rally since May Recession fears see #85 billion fund manager bet on India stocks MarketWatch: Stock market turbulence may not be scaring off retail investors S&P 500, Nasdaq book third straight day of gains on better corporate earnings than feared Rivian stock rises as Amazon starts using EV maker’s […]
Better Earnings than Feared Read More »
Bloomberg: Netflix’s new hit stokes K-drama maker’s stock with 82% rally MarketWatch: Tesla’s margins shrink despite ’embarrassing’ price increases, putting Elon Musk in a tough spot After Tesla sold most of its bitcoin, Elon Musk says he is open to buying more, though ‘cryptocurrency is a side show’ Japan’s exports jump 19.4% in June; 16th
Mixed Markets with Uncertainties Read More »
Bloomberg: S&P 500 struts stuff with best day in three weeks Netflix turns to ads to free itself from ‘Value Trap’ MarketWatch: Netflix has a different pitch for Wall Street, as subscribers growth hits a wall Tesla’s model Y is the hottest used car in the U.S. right now The Apple scare only lasted one
Important Resistances Broken Read More »
Bloomberg: Stock optimism evaporates with Apple hiring plans Morgan Stanley, Goldman say stocks have yet to find a bottom Goldman says it’s premature to dismiss inflation fears MarketWatch: Dow books biggest drop in more than two weeks after report about Apple’s plans to slow hiring spending Analyst who called summer stock-market bounce now sees more
Stock Optimism Evaporates Read More »
Bloomberg: Banks stocks rally by most in 18 months on Citi’s blowout quarter. Alibaba leads drop in China tech shares as regulatory fears grow. Starbucks weighs selling its UK operations, Times reports. MarketWatch: Dow jumps 650 points as stocks close sharply higher after stronger-than-expected-sales report, surge in Wall Street bank shares. BARRON’S: Don’t get your
Stocks in U.S. make Breakaway Gaps Read More »
Bloomberg: A $1.9 trillion options expiration is crucial moment for stock hedgers Bearish Tesla bet is among first single-stock ETFs to hit US MarketWatch: Bank of America slashes S&P 500 targets to ‘lowest on the Street’ after recession forecast Markets are now pricing in 100% risk of a U.S. recession before year’s end: Deutsche Bank
News Remains Negative Read More »
Bloomberg: JPMorgan says Bitcoin cost of production may be down to $13,000 European stocks drop as U.S. inflation soars, Euro reaches parity MarketWatch: Is the U.S. headed for recession? 58% of Americans think we’re in one right now, poll says U.S. stocks tumble for 4th day in a row on hotter-than-expected inflation report Inflation is
U.S. Inflation Soars Read More »
Bloomberg: China tech stocks enter correction as recent rebound fizzles out Chinese electric car giant slump fuels speculation on Warren Buffett adjusting holdings MarketWatch: Stock market faces big inflation test: There are ‘the good , the bad and the ugly’ ways it could play out U.S. inflation is still rising. Can it reach 9%? Ahead
Inflation remain Key for Markets Read More »
The Relative Strength Index (RSI) is among the most popular technical indicators for identifying overbought or oversold stocks. Standard RSI Indicator The standard RSI system uses a 14 days period to calculate the indicator. Overbought (value>70) refers to a stock that has increased rapidly in a short period of time and may reverse lower. Conversely,
Lesson 11: Relative Strength Index taken to a Higher Level Read More »
Bloomberg: US-listed Chinese stocks fall on regulatory fines and Covid risks Nail-biting tech earnings season ahead after Nasdaq rout Twitter shares sink, with legal battle ahead as Elon Musk walks away MarketWatch: Stocks may keep falling as this ‘harbinger’ points ‘hit’ to companies’ forward profits, warns Morgan Stanley Nasdaq leads stocks to lower finish as