NAS100 Cautious at Key Tech Levels Ahead of Critical Inflation Update
The tech heavy index comes from one of its worst weeks of the year, weighed by Apple’s disappointing results and trades with caution today, as Thursday’s CPI Inflation looms
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The tech heavy index comes from one of its worst weeks of the year, weighed by Apple’s disappointing results and trades with caution today, as Thursday’s CPI Inflation looms
Paramount reported somewhat mixed results overnight, a week after Warner Bros.Discovery, which runs high on the box office success of Barbie
MSFT Top-Down Analysis.
The iPhone maker reported results for the quarter ended July 1 (Q3 FY2023) that largely disappointed markets and sent the stock to steep fall on Friday, which is now in a precarious position
Even though EUSTX50's primary trend is up, the intermediate trend does show signs of slowing.
The tech giant reported its highest net income in over a year, boosted by cost saving efforts, while offering upbeat revenue guidance, helped by strong Prime Day sales
There was uncertainty regarding GOOG.us financials with an initial negative perception about a slump in its digital ad market and its potential use of artificial intelligence. However, it released its Q2 earnings on 25 July, which showed that revenue had grown by 7% to $74.6bn. Its ad revenue grew by a modest 3.3% from a year before but was an improvement over Q1. Search revenue, which is most of its…
After the collapse of 2022, the social media giant turned things around with a series of initiatives and the stock benefits with a nine-month profitable streak – the longest since its 2012 IPO
Recently the Dow Jones Industrial Average and the Dow Jones Transportation Average have both charted 52-week highs. According to Dow Theory this is a promising outlook for a wider bull market. This strategy has a strong historical track record in identifying primary trends in stocks.
Last week I wrote how the GER30 was setting up to tackle its overhead resistance once again. The 16,300-16,400 levels were hit four times since mid-November 2021 and each time price was repelled. However, this time there are signs that the bulls may overpower the key level.
Watch today’s US Open for insights on the latest policy decisions by the US Fed and its European counterpart (ECB), the strong quarterly results by social media giant Meta Platforms and more
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