Weekly StockWatch: Amazon’s Rosy Guidance, Apple Solid’s Results, Ford’s Impressive Quarter & More
The last week of July was dominated by the Big Tech earnings, but the auto industry, plane makers and retailers were also in the spotlight
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The last week of July was dominated by the Big Tech earnings, but the auto industry, plane makers and retailers were also in the spotlight
The US economy posted second back-to-back quarterly negative GDP, according to the preliminary data that were just released, against expectations for marginal growth
The US central bank delivered another 75 basis point rate increase on Wednesday, but offered no guidance, while reiterating its commitment to bring inflation down and brushing off recession fears
The Fed’s monetary tightening has weighed on the sector and on Wednesday we expect its latest decision, while the week is also dominated by the quarterly results of tech heavyweights such Apple, Amazon and more
As the real yield has diminished, the NAS100 has found support.
US30 turns risk-off following the report that President Biden has tested positive for Covid.
The king of the Electric Vehicle market reported overall solid results for Q2, but comparisons with the previous quarter are not flattering
The US30's strength may prove to be a bounce in a downtrend.
Netflix stock rises in today’s pre-market, after reporting a smaller than expected loss of subscribers, while offering updates on its plans for ad-supported tier and password sharing
Considering the weekly timeframe, FXCM's Nasdaq CFD, NAS100, shows a decline (top chart) as the real interest rate appreciates (middle chart). As risk increases, capital will rotate out of the risk asset into a safer income-yielding investment. Moreover, the NAS100's required rate of return has increased, and its present value has adjusted downwards.
As Q2 earnings season officially starts, we consider two SPX500 daily charts.
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