Stocks tick up while yen slips in calm before US data – 13 Aug
Index Last Change % Change trading lower Dow Jones Industrial Average .DJI 39,357.01 -140.53 –0.36%Negative trading higher Nasdaq Composite Index .IXIC 16,780.61 +35.31 +0.21%Positive trading higher S&P 500 Index .SPX 5,344.39 +0.23 +0.00%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes Asia market summary U.S. CPI, retail data to refine outlook for […]
Crypto feature: Bitcoin’s Potential Bottom?
Bitcoin’s Potential Bottom Bitcoin fell over 3% on Sunday as some traders and analysts believe the top cryptocurrency may have reached a key price level. Details: According to Cointelegraph on Sunday, a recent Bitcoin metric suggests a “local bottom” for traders when the price is below $60,000. This means that Bitcoin’s price action has shown signs of a […]
US stock quick picks – Apple Survives Warren Buffett Scare-Aug 12
Apple Survives Warren Buffett Scare A week after it was reported that Warren Buffett sold about half of his Apple (Nasdaq: AAPL) shares, the stock jumped by 8%. Final Thoughts: The stock is up about 16% this year. Trends to Watch Dispirited: US consumers could become discouraged without rate cuts, Bank of America CEO says (Reuters) The Return: Bonds Are […]
Volatility shock fades, India CPI on deck – 12 Aug
A week is not just a long time in politics. Seven days ago a huge unwind in the yen carry trade and selloff in megacap U.S. tech triggered a wave of volatility that sent global markets reeling and investors running for the safety of U.S. Treasuries. As the new trading week gets underway in Asia on Monday, that seems a […]
Equities Week ahead – Aug 11
US Equities Week ahead Earnings Earnings spotlight: Monday, August 12 – Barrick Gold (GOLD), monday.com Ltd. (MNDY), and Rumble (RUM). See the full earnings calendar. Earnings spotlight: Tuesday, August 13 – Home Depot (HD), Tencent Music (TME), and On Holding (ONON). See the full earnings calendar. Earnings spotlight: Wednesday, August 14 – UBS Group (UBS), Cardinal Health (CAH), Brinker International (EAT), […]
Fed rate-cut fervor is gripping Wall Street again. Aug 9
Stock Market News Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar – CNBC Palantir to deploy AI products on Microsoft Azure for U.S. government agencies – Reuters Bumble dives as revenue forecast cut triggers worries over turnaround – Reuters Monster Beverage misses quarterly sales estimates as economic fears slow demand – Reuters Weekly jobless […]
How to build a crypto portfolio? 💸
Build a crypto portfolio💸 Invest in Quality Coins First and foremost, to secure long-term profits in the crypto market, it’s crucial to invest in quality coins with real value behind them. While investing in meme coins or shit coins can yield significant short-term gains, it’s essentially a game of luck. If you do manage to profit […]
China inflation looms, auto market hits milestone- 9 Aug
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 39,446.49 +683.04 +1.76%Positive trading higher Nasdaq Composite Index .IXIC 16,660.02 +464.22 +2.87%Positive trading higher S&P 500 Index .SPX 5,319.31 +119.81 +2.30%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes Today’s Market News Muhammad Yunus: How will Bangladesh’s […]
Shopify shares soar 22% after earnings top expectations, upbeat forecast – Aug 8
Trends to Watch That’s All Folks: Warner Bros. Discovery sinks after taking massive $9.1 billion impairment charge on its cable business (Yahoo! Finance) Bad Match: Bumble shares fall 30% after its annual revenue forecast cut sparks growth fears (Reuters) Tumbled: Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains (CoinDesk) Meme Coin: Dogwifhat leads the market with […]
Tech leads Asia stock selloff – 8 Aug
Tech leads Asia stock selloff, yen gains in volatile week for markets Index Last Change % Change trading lower Dow Jones Industrial Average .DJI 38,763.45 -234.21 –0.60%Negative trading lower Nasdaq Composite Index .IXIC 16,195.81 -171.05 –1.05%Negative trading lower S&P 500 Index .SPX 5,199.50 -40.53 –0.77%Negative Source: LSEG, opens new tab – data delayed by at least […]