Meta Stock (META) Tumbled On AI Move: What's Next?
On Thursday, Meta Platforms stock plummeted as investors were alarmed by the company's audacious strategies to increase spending on artificial intelligence. As the Nasdaq opened, Meta stock fell as much as 15% to $421.40, wiping out an astounding $183 billion from its market capitalization.
Oil Prices Forecast: WTI Crude Oil Weekly Dynamics
Exploring the latest EIA Data on refinery inputs, imports, inventories, and price trends to project the prices of WTI crude oil CFDs.
General Motors (GM) Jumped To The Buy Zone After Strong Earnings
General Motors' earnings have exceeded expectations this year, including escalating labor expenses from union contracts signed last year, elevated interest rates for car purchasers, and persistent losses in its electric vehicle (EV) division.
Verizon (VZ) Stock Forecast 2024: Q1 Performance Analysis
Analyzing Verizon's stock price performance, including VZ stock forecast, fundamental strengths, weaknesses, outlook, valuation, and technical insights.
EURUSD Reached The 10 Day High: What's Next?
On Tuesday, the US dollar experienced a significant depreciation against the currencies of major trading partners, trailing only the Chinese renminbi and making it the least valuable currency among the G10 group.
American Express (AXP) Bulls Could Resume From The Upbeat Earnings Report
As a result of the issuance of its Q1 earnings report, American Express (AXP) is currently in the public eye. American Express gains substantially if customer resilience persists, even though success in a high-interest-rate environment is not assured.
Bitcoin Bulls Are Alive After Bitcoin Halving: More Upside Pressure Could Come
Bitcoin is primed to conclude the halving week with a marginal decline of around 1%, recovering strongly from its intra-week lows. Bitcoin (BTC) could resume the ongoing trend to make a new all-time high if this momentum continues.
Weekly Market Overview and Forecast 0422 - 0428
Weekly Market Overview and Forecast for the week of 22 April - 28 April, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
WTI Crude Oil: Weekly Price Projections And EIA Data Analysis
Learn the current dynamics of refinery inputs, production, imports, and WTI Crude Oil critical prices levels.
USDJPY Keeps Pushing Higher: How Long It Can Go?
After a brief downturn, the USDJPY pair rebounded, potentially putting to the test the foreign exchange intervention threats from the Ministry of Finance (MoF) and Bank of Japan (BoJ), in addition to the 155 resistance level.
Wells Fargo & Co's Solid Resilience And Price Target
Explore Wells Fargo’s fundamental opportunities and challenges with forward price projections.
Abbott Laboratories Stock (ABT) Dipped Despite Its 'Solid' Quarterly Earnings Report
Abbott Laboratories (ABT) reported a strong first-quarter performance. However, ABT stock decreased 3% after the organization declared profit guidance for the second quarter, which fell short of expectations.
Charles Schwab (SCHW) Got Green Shoots After Earnings Beat
This week, Charles Schwab (SCHW) stock increased following the disclosure of its quarterly earnings report, citing an "improved macroeconomic environment" for its performance exceeding expectations.
Delta Air Lines: Q1 2024 Earnings, Skies of Possibilities
Fundamental and technical insights into Delta Air Lines’ financial fortitude, operational brilliance, and market dynamics.
JP Morgan Stock (JPM) Could Rise After Forming A Bottom
In recent times, JPMorgan, Citigroup, and Wells Fargo all reported earnings for the first quarter that exceeded analysts' estimates.
US Dollar Index (USDX) Reached To A Record High: More Upside Pressure Is Possible
Last Friday marked the third consecutive day of strength for the US dollar, with the USD Index (USDX) surpassing 106.00, a level not observed since early November.
Weekly Market Overview and Forecast 0415 - 0421
Weekly Market Overview and Forecast for the week of 15 April - 21 April, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
US Economic Trends: CPI, PPI, and Stock Market Implications
Exploring the March 2024 CPI and PPI reports reveals insights into inflationary pressures, sectoral dynamics, and implications for monetary policy and market indices like the S&P 500 and Nasdaq 100.
Constellation Brands Stock (STZ) Surged After An Upbeat Q4 Earnings Report
Constellation Brands (STZ), which reported strong growth in its fiscal fourth-quarter results on Thursday, anticipates additional earnings expansion for the current year. Its flourishing beer business is a particular driver.
Delta Airlines Stock (DAL) Peaked The Record High After An Optimistic Earnings Report
On Wednesday, Delta Air Lines Inc.'s shares peaked at their highest level in three years after the company disclosed a record-breaking revenue for the first quarter. The principal driver of this expansion was an upsurge in the need for business travel.
BlackRock: Earnings, Performance, Acquisitions, and Price Projections
Learn about BlackRock's recent price performance, strategic acquisitions, fundamental strengths, and weaknesses, alongside industry projections and valuation metrics.
Ripple (XRPUSD) Remains At Pre-breakout Structure With A Positive Outlook From XRP CEO
Ripple's XRP encountered difficulties in regaining the $0.60 threshold on Monday. However, the price action is optimistic for bulls without sufficient selling pressure.
Morgan Stanley's Investment Position: Ahead of Q1 2024
Examining Morgan Stanley's expected performance, strengths, weaknesses, and future stock price projections.
WTI Crude Oil Bulls Are Active From Geopolitical Uncertainty & Golden Cross Formation
The weaker US Dollar Index (DXY) and apprehensions regarding possible disruptions in crude supply resulting from geopolitical tensions in the Middle East have brought WTI prices nearly to their greatest level in six months.
Weekly Market Overview and Forecast 0408 - 0414
Weekly Market Overview and Forecast for the week of 08 April - 14 April, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Nasdaq 100 Could Form A Rectangle Breakout To Continue Higher
Nasdaq 100 passed a bearish week, closing at 0.98% down on the weekly chart. The upbeat result from Nonfarm payroll pushed pressure on the stock market, but more clues might come after this week’s earnings reports.
Coinbase Stock (COIN) Grabbed Investors Attention After An Upbeat Analysts Projection
Investors have experienced a significant price fluctuation in Coinbase, the leading cryptocurrency exchange, as indicated by an optimistic prediction put forth by Oppenheimer, which has increased the price target for COIN stock.
What’s Next for AMD? Growth and Valuation Soars
Exploring AMD's tech innovations in adaptive computing across Automotive, Edge computing, and AI, reinforcing its rapid market valuation growth potential.
S&P 500 Maintained The Growth After The Mixed PMI Data
Wednesday marked a positive close for the S&P 500 and Nasdaq, notwithstanding the deceleration in growth of the U.S. services sector in March.
Gold Showed A Haven Demand From The Middle East Tension
Despite the increase in US Treasury yields, gold prices reached an all-time high of $2288.59 during the Asian session, propelled by escalating geopolitical tensions.
GBPUSD Looks Vulnerable Above The 1.2517 Key Support Level
GBPUSD bulls continue to be under pressure near the 1.2517 support level, suggesting a possible bearish breakout.
Nvidia's GTC 2024, NIM, Blackwell and Omniverse: $1165 Is Inevitable
Exploring the critical announcements in GTC 2024, like Blackwell architecture and its transformative impact on AI computing, and its potential impact on the stock price of Nvidia.
Decentraland (MANA) Price Could Soar From The "Adam & Eve" Breakout
Decentraland (MANA) trading volume surged recently, showing an interest in bulls with an upward possibility. Social dominance, X MANA news, follower count, and social volume, have experienced a significant increase subsequent to a prior decline in these indicators.
Weekly Market Overview and Forecast 0401 - 0407
Weekly Market Overview and Forecast for the week of 01 April - 07 April, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Can Xiaomi Stock Fly On EV Bets?
Xiaomi Corporation unveiled its aesthetically pleasing electric vehicle. Bearing resemblances to Porsche, the vehicle was priced lower than Tesla's Model 3, highlighting the intense competition among emerging players in China's burgeoning EV market.
Tesla: 2024 Price Analysis and Fundamental Growth Prospects
Exploring Tesla’s valuations, short-term struggles, long-term triumphs, and strategic imperatives in the EV space.
USDJPY Reached The 12 Years High: Is This A Time For A Rebound?
The yen reached its lowest level since 1990 on Wednesday, prior to exhibiting a modest recovery following a meeting of Japan's highest-ranking monetary officials to discuss the currency's sharp depreciation and signal their preparedness for intervention.
BYD Company Aimed A Bullish Breakout After The Upbeat Earnings Report
During the fourth quarter of 2023, BYD Company (BYD) witnessed a notable increase in net profit, surpassing Tesla as the foremost worldwide vendor of electric vehicles during that specific time frame.
Bank of America's Fundamental Fortitude
Delving into Bank of America's investment performance, fundamental strengths, strategic growth initiatives, and challenges against rate uncertainties ahead of upcoming earnings.
Can FTSE 100 Index Move Down As It Hovers Below The Crucial Fibonacci Extension Level?
The FTSE 100 index in the United Kingdom closed Monday's trading session with a loss of 0.43%. It reflected the cautious sentiment in anticipation of national accounts data anticipated to validate the economy's contraction in the fourth quarter of 2023.
Micron's Semiconductor Lead: Growth Strategies, Supply Challenges, And Stock Price Analysis
Exploring Micron's revenue surge, market dominance in memory technologies, and innovation drive, alongside critical analyses of supply constraints, capacity planning, and the path to sustained growth in the semiconductor space.
EURUSD Could Find Support From The Stronger US Dollar Index (DXY)
The European Central Bank (ECB) established the conditions for a possible rate cut in June. On the other hand, the strong US Dollar Index (DXY) could work as a bearish factor in this instrument.
Weekly Market Overview and Forecast 0325 - 0331
Weekly Market Overview and Forecast for the week of 25 March - 31 March, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Micron Stock (MU) Soared After An Upbeat Earnings Report: Should You Buy This Stock Now?
Following the release of its fiscal second-quarter earnings report, which beat estimates and delivered a strong forecast driven by AI-driven demand, Micron Technology (MU 15.81%) had a notable spike in its shares yesterday.
Can Solana Price (SOL) Reach The $250.00 Level With The Increased Network Activity?
The surge in activity surrounding meme coins has increased trading volumes on the Solana blockchain, an alternative to Ethereum that offers superior capital efficiency.
Pinduoduo (PDD) Stock Could Soar From Upbeat Earnings Report
Today, PDD Holdings Inc. is scheduled to release its financial results for the fourth quarter of 2023. Although analysts have provided an upbeat forecast, investors should monitor the price action before jumping into any trade.
France 40 Index (FRA40) Awaits For Central Banks' Meetings
On Monday, the Paris Stock Exchange showed a negative sentiment, commencing a week filled with important monetary policy discussions. Notwithstanding this, investors exhibit a reluctance to establish significant obligations before the forthcoming Federal Reserve meeting, which is planned to commence for two days tomorrow.
Ethereum (ETHUSD) Set A Top With ETF Talks: A Downside Pressure Could Come
Grayscale Investments, an asset management firm, has submitted to the United States Securities and Exchange Commission (SEC) an updated application for an Ethereum spot ETF (exchange-traded fund).
Weekly Market Overview and Forecast 0318 - 0324
Weekly Market Overview and Forecast for the week of 18 March - 24 March, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Cotton Price Forecast: Production, Consumption, and Trade Dynamics in 2024/25
Exploring the impact of global production trends, economic factors, and trade dynamics on Cotton prices and market stability in the 2024/25 season.
Gold Price (XAUUSD) Consilidates Above the 2150.00 level After Retail Sales Data
Following a brief phase of relative stability, the US Dollar experienced a surge. As a result, the Gold (XAUUSD) price fell to the 2,151.00 level, just above the weekly low of 2,150.50.
McDonalds Stock (MCD) Could Fall From Lower Consumer Demand
The increasing preference of consumers for grocery purchasing over dining out causes a bearish factor for companies like McDonald’s.
Decrypting Ethereum: Dencun Upgrade
Exploration of Ethereum's recent price movements, market statistics, upcoming upgrades, and potential implications.
Natural Gas CFDs: Weekly Projections
Discover the prevailing short-term bullish fundamentals and possible weekly price moves in Natural Gas.
Wheat Could Dip Down After Completing A Minor Upward Correction
Front-month wheat futures increased by double digits at the start of the week. Prices for front-month spring wheat also saw notable gains, finishing the day up between 7 and 9 ½ cents.
Crude Oil Outlook: An Analysis of Weekly Market Trends
Explore the crude oil supply, demand, and price fluctuations to navigate the complexities of CFD trading.
US Dollar Index (USDX) Sees More Downside pressure from The Rate Cut possibility
The US dollar index maintained its position near its all-time lows since mid-January. Ahead of pivotal US inflation data anticipated later this week, investors refrained from dramatic action.
Decoding Bitcoin: Over $70K, Now What?
Discover Bitcoin's upcoming price movements, vital institutional investments, and their potential impact, exploring the significance of BlackRock's Bitcoin ETF accumulation, Bill Ackman's speculative scenarios, and the evolving regulatory landscape.
Tron (TRX) Looks A Selling Pressure From The Technical Pattern
Recently, crypto magnate and founder of blockchain Tron, Justin Sun, acknowledged his lunch meeting with Warren Buffett's profound influence on him as an investor and entrepreneur.
Weekly Market Overview and Forecast 0311 - 0317
Weekly Market Overview and Forecast for the week of 11 March - 17 March, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Xiaomi Stock Could Increase After A Solid Inverse Head & Shoulder Breakout
The anticipation surrounding the forthcoming product launch by Xiaomi at the Mobile World Congress (MWC) and the robust financial performance could be crucial factors to look at.
Silver (XAGUSD) Reached The 2 Month High: More Buying Pressure Is Expected
The price of silver peaked at the highest level in more than two months. The ascent in question was driven by expectations of impending rate cuts by the Federal Reserve within the year.
Verizon Communications Inc. (VZ) Is Potential To Reach The $50.00 Level
Verizon Communications Inc. (VZ) has recently expanded its foothold in the European market by implementing Reveal EV (Electronic Vehicle) functionalities and sophisticated electronic tools designed to elevate customers' automotive experiences.
Chainlink (LINK) Could Rise From Institutions Involvement
Chainlink (LINK) remains at a significant high, while the broader view suggests further upward pressure with free space above the last two year's high.
EURAUD Bulls Might Find A Direction After ECB's Rate Decision
A technical breakout initiated EURAUD bulls, but investors might need more data to gauge the future price movement.
Weekly Market Overview and Forecast 0304 - 0310
Weekly Market Overview and Forecast for the week of 04 March - 10 March, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Can Bitcoin (BTCUSD) Whales Take The Price Above The $70K Mark?
Amid the intense momentum surrounding all-time highs (ATHs), the continued accumulation endeavors of Bitcoin whales have come to the forefront, with Bitcoin's ascent to a 27-month high surpassing $63,000.
ZTE Corporation Stock Hovers At The Trendline Resistance On 6G Network's Development
ZTE Corporation stock and other Chinese telecom equipment manufacturers increased substantially as major countries issued a joint statement endorsing guiding principles for the global 6G network development.
Target Corporation (TGT) Bulls Are Solid Ahead Of The Quarterly Earnings Report
On 5 March 2024, Target Corporation (TGT) is expected to disclose an improvement in earnings relative to the previous year in its quarterly report, primarily attributed to heightened revenues.
Berkshire Hathaway's Progressive Fortitude: Targeting $511 In H2 2024
Exploring the pillars of Berkshire Hathaway's growth: from robust insurance underwriting to strategic investments and acquisitions, amidst challenges in key operating segments.
USDJPY Hovers At The Critical Resistance: A Breakout Knocks
The USDJPY pair is approaching critical resistance, demonstrating resilience in the face of the ambiguity accompanying a week-long data dump.
Weekly Market Overview and Forecast 0226 - 0303
Weekly Market Overview and Forecast for the week of 26 February - 03 March, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Is Nvidia Stock (NVDA) A Buy After the Upbeat Q4 Earnings Report?
Nvidia Stock (NVDA) gained a substantial 9% increase after the company's quarterly earnings report, surpassing Wall Street's expectations. The NVDA stock price is steady near the 800.00 level, which may extend towards the 1000.00 mark soon.
Nvidia's Meteoric Rise Towards $964
Exploring Nvidia's multifaceted growth trajectory: data center revenue surges, AI adoption soars, gaming segment flourishes, and Pro visualization expands.
USDCNH Bullish Range Might Extend From The Upbeat US PMIs
In contrast to the dollar's general stability, the Chinese yuan encountered pressure on Thursday after disclosing minutes from the Federal Reserve's recent policy meeting. The minutes indicated that there would be no immediate changes to the central bank's cautious posture regarding rate cuts.
Nike Stock (NKE) Bulls Could Resume From The Upbeat Earnings Report
Nike stock (NKE) closed the most recent trading session at $105.30, reflecting a marginal daily gain of 1.86%.
Can Palladium Rebound From The Historic Low? XPDUSD Technical Analysis
Palladium spot price fell below those of its sibling metal platinum for the first time since April 2018. As a result of mounting concerns regarding demand and anticipations of a stable supply, the metal's value has been placed under pressure to decline.
XRPUSD Lawsuit Decision Might Create A Falling Wedge Breakout
XRPUSD trades with a weekly increase of approximately 6% recently, while the broader market trades sideways within a wedge pattern. A sharp price movement depends on how the lawsuit decision comes with a proper breakout in the technical chart.
USDCAD Bears Could Resume From Stronger Crude Oil
The Canadian Dollar (CAD) provided a corrective price action against the US Dollar (USD) for a prolonged time. Also, the near-term price action suggests indecision, which might result in a stable trend formation after a valid breakout.
Weekly Market Overview and Forecast 0219 - 0225
Weekly Market Overview and Forecast for the week of 19 February - 25 February, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Is Copper A Sell As It Reached 16 Week Low? US Copper Technical Analysis
US Copper fell below the 3.700 psychological line in February, the lowest level in nearly three months and indicative of a monthly decline of more than 5%.
Can VF Corporation (VFC) Stock Rebound After Downbeat Q3 Earnings Report?
After VF Corporation's Q3 earnings report, VFC stock moved 14% down but closed the day with an indecision formation with a 9% loss.
Can USDCHF Bulls Reach The 0.9000 Psychology Level?
USDCHF showed a third consecutive session of gains, supported by the US Dollar bulls. As a result of market sentiment indicating that the Federal Reserve is not likely to reduce interest rates at its March meeting, the US Dollar (USD) gained strength.
Crude Chronicles: Unraveling EIA Data Threads
Explore the data-driven journey through refinery shifts, global supply nuances, and consumption patterns shaping this week of crude oil CFDs.
Can Ethereum (ETH) Move Bearish After The Recent Whale Movement? ETHUSD Technical Analysis
Ethereum (ETH) has traded sideways in recent days, which could signal a possible trend trading opportunity after a breakout.
Texas Instruments (TXN): Q4 2023, A Tale Operational Edge
Exploring Texas Instruments' financial fortitude signifies revenue surges, strategic investments, and long-term value creation.
Decoding Netflix's Triumph: Q4 Earnings
Netflix's winning strategy and core fundamentals driving market growth.
Can Affirm Stock (AFRM) Comeback From the Recent Dip?
Affirm Holdings Stock (AFRM) has traded sideways in recent days, and the upcoming earnings report could be a trend-breaking event for this stock.
Weekly Market Overview and Forecast 0205 - 0211
Weekly Market Overview and Forecast for the week of 05 February - 11 February, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Microsoft Stock (MSFT) Remained Steady After Q2 Earnings Report
Microsoft Stock (MSFT) declined after disclosing its fiscal second-quarter outcomes but rebounded slightly on the next day. While the results exceeded analysts' expectations, the company maintained a cautious revenue projection.
Can Cardano (ADA) Overcome The $0.681 Barrier? ADAUSD Technical Analysis
In recent times, Cardano (ADA) supporters have exhibited reduced activity during unfavorable market conditions, whereas certain investors consistently take advantage of marginal price increases.
Can US Dollar Index (USDX) Fill The Imbalance During FOMC?
The US Dollar Index (USDX) has re-entered the limited range within the past two weeks, regaining its opening level from Monday.
Can NASDAQ 100 Hold The Gain From Tech Earnings? NAS100 Technical Analysis
The U.S. major stock indexes started the week with a sluggish movement as investors prepared for two pivotal events: the Federal Reserve's rate decision and high-profile tech earnings.
Tesla Stock (TSLA) Crashed After The Downbeat Earnings Forecast
Last Thursday, we saw a 12% decline in Tesla Stock (TSLA), eradicating $80 billion from the company's market value. The crash came as soon as the company warned investors about sluggish electric vehicle sales growth and increased competition from Chinese rivals.
Weekly Market Overview and Forecast 0129 - 0204
Weekly Market Overview and Forecast for the week of 29 January - 04 February, analyzing Gold, Oil, Forex, Indices, Crypto, and Stocks markets.
Will Solana (SOL) Rebound Above The $100.00 Level? SOLUSD Technical Analysis
Solana (SOL) has exhibited selling pressure in the previous week after recovery from levels not seen in several years. When its primary supporter FTX, encountered setbacks, the token came under pressure.
Can USDJPY Revisit 150.00 Level After The BOJ Policy Meeting?
The Bank of Japan maintained its present monetary policy stance, as was widely anticipated. Nonetheless, the market's current emphasis is on a more sanguine projection for wages and inflation.
Starbucks Stock (SBUX) Bears Are Active Before The Earnings Report Release
Wall Street projects an upward pressure on SBUX stock, after the upcoming quarterly earnings report release in January 2024.
Ripples XRP Fires Back From SEC's Further Demand: XRPUSD Technical Analysis
The asset management firm, BlackRock, is reportedly not leaning to provide support for an XRP ETF. The consequence of this information increases in light of the ongoing SEC v. Ripple lawsuit in 2024.