Stock Market

This is the fourth day of November in which the German index hits new all-time highs, while the European Commission upgraded its growth forecasts for the year

The Walt Disney Company reported its financial results for the quarter ended October 2, on Wednesday after US markets closed, largely missing estimates

Past performance is not an indicator of future results It's been almost 2 weeks since Apple (AAPL) released its Q4 earnings (we note that AAPL's financial year-end is 29 September). The market was disappointed with the revenue number, which fell short of consensus. CEO Tim Cook attributed this to larger-than-expected supply constraints. Since then, the stock has traded sideways (blue rectangle). However, AAPL is fundamentally a very strong company. Its…

Past performance is not an indicator of future results The weekly SPX500 is trending up. It has a higher trough followed by a higher peak. At some stage, the current impulse (aqua line) will run out of momentum, and a correction will ensue. As long as the pullback finds support above the previous higher trough, the uptrend remains intact. The weekly RSI is not overbought, but the daily time frame…

The share price of Ford Motor Company hit the $20 mark for the first time in more than 20 years, with F.us registering a staggering nearly 130% year-to-date rally, as investors appear to like its recent turnaround plan under the new CEO

TSLA gapped over 5% lower today after Elon Musk's Twiter poll suggested a sale of 10% of his personal stock. In the poll Musk wrote, "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?" Of respondents, 57.9% answered in the affirmative. Past performance is not an indicator of future results The left chart…

The EV maker releases its financial results for the third quarter of the year, on Tuesday November 9 after US markets close, with its stock having registered a decline during that period

September and November were the only months of this year, during which GER0 failed to register new all-time highs, but last week, it returned to its usual mode and set new records

The week was packed with important events and central banks were front and center, delivering consequential and market-moving decisions. We also had some key economic release and quarterly financial results from high profile firms

The two ride sharing companies announced this week their latest quarterly financial results, for the third quarter of the year

Past performance is not an indicator of future results FXCM's US2000, its proxy for the small-cap Russell 2000, has broken out of its 2021 consolidation (blue rectangle). We have applied a triple moving average to test the trendiness of the breakout. The green short EMA is above the orange mid-EMA, and the orange mid-EMA is above the red long EMA. We also note that the EMAs are developing angle and…