May 11 2023 🕓 3 min
Rivian rises with strong results and future plans
Rivian may be in a good spot for a buy, as the company reported not as bad results as expected. Will this be only a correction?
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
February 26 2022 🕓 2 min
Stocks massacred as Russia attacks Ukraine
War has come and stocks are falling, along with other risky assets.
February 18 2022 🕓 3 min
SP500 drops again below 200-day average
This week, the SP500 index has dropped below the important 200-day moving average as traders remain indecisive about the short-term outlook.
February 16 2022 🕓 3 min
Footsie advances after UK jobs data, Russia news
Bulls returned to the markets today as some positive news came from Russia.
February 11 2022 🕓 3 min
SP500 is trying to defend 200-day average
It looks like today's trading might be a bit more optimistic than yesterday's sell-off.
February 11 2022 🕓 2 min
Indices are facing strong resistances
As per usual, we will look at indices on their daily charts. However, today we will not only look at S&P 500 and Nasdaq, but we will also include Dow Jones, because all of them are facing strong resistances.
February 11 2022 🕓 3 min
Meta Platforms (FB) – basic stock analysis
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It was founded in 2004 and is headquartered in Menlo Park, California. Our estimated price for the company is around 361 USD. Extremely negative and positive target price estimates range from 291 to 449 USD.
February 3 2022 🕓 3 min
FTSE plunges as BoE turns hawkish
The Pound advanced following the latest BoE decision, sending the FTSE index lower.
February 3 2022 🕓 2 min
Can we expect more breakdowns on S&P 500?
Today we will look at a daily chart and 4h chart of S&P 500. This main index is not in the best shape currently. With the rising “threat” of interest rate hikes, the possibility of a further downfall cannot be ruled out.
January 26 2022 🕓 3 min
UK yields surge amid ongoing bond sell-off
The carnage in stocks and bonds continued today, sending both US and UK yields higher.
January 26 2022 🕓 2 min
Nasdaq flies ahead of FOMC verdict
Traders bought the dip in expectations of a less hawkish Fed's meeting today.
January 22 2022 🕓 2 min
S&P 500 has broken down – will it follow falling NASDAQ?
Both leading indices of US stock market, S&P 500 and NASDAQ, are not in the best shape. The fear of interest rate hikes by Fed is apparently slowly showing in the charts. We will thus look at both of these indices and try to see where they can be heading.
January 19 2022 🕓 3 min
FTSE shoots higher despite soaring inflation
Equity traders continue to ignore rising prices and an incoming rate hike in Britain, pushing the FTSE index back to its cycle highs.