Stock Market

Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events

The Nasdaq (NAS100) daily, on the left, has capitulated into its bearish area between the lower blue and lower red bands. The red Bollinger bands have moved in opposite directions, which suggests an expansion in volatility. If the daily stochastic drops below 20 (aqua arrow) and holds there, it will denote an underlying bearish momentum. This will put pressure on the index and the odds will favour further declines. The…

Hawkish minutes from the Fed last monetary policy meeting and today’s Non-Farm Payrolls, dominated during the first week of the year

The new year started with a high volume of stock-related news, with automakers in the spotlight and some noteworthy developments from the Consumer Electronics Show (CES)

Below are the daily charts of the Dow Jones Industrials (US30 on the left) and the Nasdaq (NAS100 on the right). The US30 maintains its position in the bullish area, between the upper blue and red bands (zone 1). Its stochastic is above 80 (aqua rectangle), suggesting a relatively stable upwards momentum. Conversely, the NAS100 has declined over the last two trading days and now finds itself in the bearish…

Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events

Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events

Some of the hottest manufacturers of Electric Vehicles, such as Tesla, released solid delivery data for the fourth quarter and full 2021, over the weekend

Daily Charts As we head into the last week of the year, the US large-cap indexes have momentum as a tailwind. Below are the daily charts of the US30 (left), SPX500 (middle), and the NAS100 (right). All three are bullish and in their respective areas of strength, between the upper blue and red bands. Moreover, their stochastics are all above 80, denoting strong upwards momentum. The "Santa Rally" seems well…

Daily Further to our previous article, the below shows the daily charts for the US30 (left), SPX500 (middle) and the NAS100 (right). All three indexes had a strong day yesterday with long blue candles. Of significance, the NAS100 has now pushed out of its area of weakness, between the lower blue and lower red bands, into the neutral area, between the blue bands. If the indexes can push further upwards…

The Fed has signalled three rate hikes for 2022 and an acceleration in the taper of its asset purchase program. In a tightening environment, and as yields increase, portfolios may change in terms of asset allocation. Fundamental valuation metrics consider the impact that rates have on cash flows. Growth stocks tend to retain and reinvest earnings, whilst value candidates are usually established and more mature in nature. As such they…