Asian Stock: Radiant Opto-Electronics Corp

TalkMarkets - Mon, 08/05/2024 - 10:10
Radiant Opto-Electronics Corporation from Taiwan develops, manufactures, and sells optoelectronics products.

DXJ: It's Blowing Up

Seeking Alpha - Mon, 08/05/2024 - 10:06

Global Stock Market Sell-off As Yen Carry Trade Unwinds

TalkMarkets - Mon, 08/05/2024 - 10:02
You could see it coming...

Fed's Goolsbee: If Economy Deteriorates, Fed Will Fix It

TalkMarkets - Mon, 08/05/2024 - 10:02
In an interview with CNBC on Monday, Federal Reserve Bank of Chicago President Austan Goolsbee noted that there is a lot going on in the world, which makes things more complicated for them, per Reuters.

Nvidia Chip Delay Compounds Anxiety Over Recession Risk, AI Stocks Slide

TalkMarkets - Mon, 08/05/2024 - 10:00
Global markets plummeted on Monday due to growing U.S. recession fears exacerbated by a reported delay in Nvidia's next-generation AI chip production.

Increased US Recession Risk

TalkMarkets - Mon, 08/05/2024 - 09:56
A recession signal has been triggered.

Black Monday: Futures Plummet As VIX Hits 62, Japan Suffers Worst Point Drop In History

TalkMarkets - Mon, 08/05/2024 - 09:47
In the US, futures are sharply lower with tech plunging as the global AI/Semis trade - itself a byproduct of the carry trade - is sold and small-caps are re-shorted.

USD/TRY Forecast: Lira Extends Losses

TalkMarkets - Mon, 08/05/2024 - 09:47
The Turkish Lira fell against the dollar at the start of weekly trading, recording a new record low against the dollar.

Elliott Wave Technical Analysis: Nvidia Corp. - Monday, Aug. 5

TalkMarkets - Mon, 08/05/2024 - 09:40
The shorter time frame suggests the possibility of a bounce within wave B or wave 2, which could provide a temporary relief rally before the continuation of the downward move.

Bear Of The Day: American Airlines

TalkMarkets - Mon, 08/05/2024 - 09:33
According to TSA data, seven of the top U.S. airline travel days in history have occurred this year. In other words, travel has increased dramatically in recent years to supersede pre-pandemic levels.

Why The Carry Trade Matters

TalkMarkets - Mon, 08/05/2024 - 09:31
Reality check: The markets are fine. Markets have been spooked by some unexpected, exogenous event. What should you do? Nothing. Markets were already deeply over-sold. Watch for a spike in volatility. Let the day play out, avoid knee-jerk reactions.

Sensex Today Tanks 2,222 Points; Nifty Ends Below 24,100

TalkMarkets - Mon, 08/05/2024 - 09:30
After opening on a negative note, Indian share markets Slipped further as the session progressed and ended the day weak.

Market crash: Nvidia stock falls amid tech pullback

TalkMarkets - Mon, 08/05/2024 - 09:29
Nvidia (NVDA) shares have tumbled in early Monday trading, extending the stock’s one-month decline to around 23%.

Whale Accumulates Millions Of XRP Tokens From Binance Despite Bearish Sentiments

TalkMarkets - Mon, 08/05/2024 - 09:24
The digital assets space witnessed a bloodbath on Monday as Bitcoin’s slump toward $50K plunged the global crypto market capitalization to $1.83 trillion – a 15% dip.

Gold Analysis: Expected Record Levels

TalkMarkets - Mon, 08/05/2024 - 09:22
At the end of last week's trading, gold prices rose to more than $2,476 per ounce, a new record level, after a weak report on jobs in the United States of America, which added to the size of the expected dovish shift by the Federal Reserve.

Stocks: Are We Already In A Bear Market?

TalkMarkets - Mon, 08/05/2024 - 09:17
Stocks are set to open significantly lower following unprecedented movements in global markets.

GBP/USD Analysis: Bears Still In Control

TalkMarkets - Mon, 08/05/2024 - 09:13
Despite the rise in the GBP/USD exchange rate following the shock US jobs report and talk of an emergency rate cut by the Federal Reserve, the bears remain in control.

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