RIOT May Resume Its Rally Soon
RIOT may resume its rally soon, as we see it forming a bullish setup from different degrees by Elliott Wave Theory.
Netflix Stock Hits Record High As JPMorgan Raises Price Target To $1,010
Netflix's stock reached a new high, as JPMorgan raised its price target to $1,010, driven by strong content offerings and anticipated advertising revenue growth.
Unlocking ASX Trading Success: Computershare Limited
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
Asian Stock: Sino-American Silicon Products
Sino-American Silicon Products Incorporated is a Taiwanese supplier of medium- and small-diameter silicon wafers that are used in the semiconductor and solar power industries worldwide.
Communications Services Leads US Equity Sectors In 2024
The neck-and-neck horse race for first place among equity sectors has recently given way to a decisive lead for communications services stocks year to date.
Sensex Today Ends Flat; PNC Infratech Rallies 12%
After opening the day flat, the Indian benchmark remained range bound as the session progressed and ended the day flat.
Pullback! Bears Get More To Chew On
Two straight down days for the stock market. We haven’t seen that since mid-November.
Sticky US Inflation Points To A More Cautious Fed In 2025
US core inflation posted a fourth consecutive 0.3% print, showing that progress towards the Fed inflation goal has clearly stalled.
Macy's Lags Q3 Earnings Estimates
Macy's came out with quarterly earnings of $0.04 per share.
BTC Report: XRP Outshines Bitcoin With A 10% Rally Amid Regulatory Wins
Bitcoin's value recently surged past $98,000, while XRP showed a 10% rally amid regulatory shifts and strategic partnerships in the crypto industry.
EUR/GBP trades with caution near two-year low around 0.8250 ahead of ECB policy meet
EUR/USD stays afloat near the two-year low, around 0.8250, ahead of the ECB policy meeting on Thursday. The ECB is expected to cut interest rates by 25 bps to 3%.
Re-Inflation Continues - November Consumer Prices Surge Most Since April
The 0.3% MoM rise pushed headline CPI up 2.7% YoY - the highest since July.
GBP/JPY Price Forecast: Recovers Past 194.00, Traders Eye 200-Day SMA
GBP/JPY rises over 0.20%, showing resilience ahead of key UK economic releases. Technical indicators suggest bullish momentum, with the pair navigating inside the Ichimoku Cloud.
CPI Right On Target
The CPI report continued the narrative that inflation remains sticky, but it wasn’t any worse than expected.
EUR/USD Analysis: Awaits US Inflation
As previously anticipated, the EUR/USD pair remains under downward pressure near and below the psychological support level of 1.0500.
Australian Dollar Hits Four-Week Low Amid RBA Stance And US Dollar Strength
The AUD/USD pair continues its downward trajectory, reaching a four-week low of 0.6386 on Wednesday.
Elliott Wave Technical Analysis - The Home Depot
The current structure indicates strength in the trend, and the upside potential continues as wave (iii) within wave {v} unfolds.
China Is No Longer The Marginal Buyer Of Oil
From 2010 through 2022, the US Energy Information Administration (EIA) calculates that global oil demand grew by 10 million barrels per day (Mb/d). Over 60% of the demand growth was due to China’s phenomenal economic growth.
Crude Oil Catches Up With After Geopolitical Tensions Erupt
Crude Oil is soaring above 1% gains for this Wednesday, for a third consecutive day on Wednesday.
USD/CHF Eases From 0.8850 Highs Heading On The US Inflation Release
The US Dollar recovery stalls below 0.8850 ahead of the US inflation report. US CPI is expected to reflect steady price pressure that might force to scale back easing expectations for next year.