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 […]
S&P 500 still consolidating Sideways below Resistance Read More »
News in Brief Bloomberg: Tesla’s stock slide has Korean day traders boosting purchases Hope blooms for China stocks as analysts stop cutting estimates MarketWatch: Elon Musk wants to cut Tesla staff by 10%. What that says about EV demand? Dow’s drop led by losses for shares of Apple & Intel U.S. economy added a greater-than-forecast
Moon Trip for Musk while Tesla Stock Slides Read More »
News in Brief Yahoo: Amazon stock is working on its sixth daily rally ahead of its 20-for-1 stock split. MarketWatch: Stocks are rising ahead of jobs report. Oil ends higher as OPEC+ boosts output, U.S. crude inventories tumble. Nasdaq leads stocks higher despite Microsoft cutting guidance. Small-cap growth stocks are the cheapest they’ve been in
Global Markets Bounce on Support Read More »
News in Brief Bloomberg: Politics is key to making money in China’s new era of low Growth. Stocks decline as data show a still-hot economy. MarketWatch: Facebook stocks fall as COO Sheryl Sandberg announces planned departure. Oil ends higher as Shanghai eases COVID-19 lockdowns. Asian markets slide amid COVID, rate-hike worries. Global markets are still
Engulfing Bear Candles Everywhere Read More »
News in Brief Bloomberg: Tesla’s loyal retail fan club set to rev up stock’s recovery. MarketWatch: Shanghai starts coming back to life as COVID lockdown eases. Australia’s economy grows strongly in Q1, but outlook appears bumpier. HP sales, earnings beat estimates despite ‘volatile macro environment’. Markets took a breather as they are in overbought territory.
Global Markets took a Breather Read More »
News in Brief Bloomberg: ‘Stocks trim gains as inflation concerns increase.’ MarketWatch: ‘EU leaders agree to partial embargo on Russian oil.’ U.S. Markets were closed for Memorial Day. Global Indexes CAC 40 As the U.S. Markets were closed, I show the CAC 40. This market also broke its negative trend line and 50 day moving
Global Markets Retain Momentum Read More »
News in Brief Bloomberg: ‘Stocks notch their best week since November 2020.’ MarketWatch: ‘Dow finally bounced – and what will it take to convince investors it’s for real?’ MarketWatch: ‘Markets reversed their losing streaks. The Fed might avoid inflicting more pain.’ Yahoo: ‘Cash is still trash – Billionaire Ray Dalio says keeping money in a
Best Week since November 2020 Read More »