Stock Market

This was the last big week from an earnings prospective, with large US retailers, EV startup Lucid and tech giant Nvidia standing out

The Chinese smart electric vehicle (“Smart EV”) company, announces its financial results for the third quarter of the year, on Tuesday November 23, before the US markets open.

The technology giant, that is mostly known for its gaming graphics cards, released solid financial results [fn ref="1"] on Wednesday November 17, after US markets closed

The Walt Disney Company had announced its quarterly financial results for Q4 FY 2021 a week ago and markets were highly disappointed, causing the stock to collapse

Past performance is not an indicator of future results The SPX500 reacted positively to yesterday's retail number, which beat consensus. Core Retail Sales came in at 1.7%, ahead of the 1% expected. The index was faded towards the market close and then traded down in the Asian session. However, SPX500 strength is maintained with the daily chart (left) in the bullish area between the upper blue and upper red bands.…

Past performance is not an indicator of future results Source: www.tradingview.com Salesforce released its Q2 earnings on 25 August. This marks an important inflection point (dashed blue vertical) on the company's price chart. For most of 2021, the stock moved sideways, as did its volume (red dashed horizontal). The lower chart shows the OBV indicator, which shoots upwards, following the Q2 earnings release, as the price takes off. Past performance…

One of the hottest startups in the Electric Vehicle (EV) arena announced solid quarterly results on Monday, after US markets closed

The European plane manufacturer announced an order form Indigo Partners, for 255 aircrafts, as it tries to move away from the pandemic era.

High US Inflation and the relevant rise in US Yields and Fed rate hike bets, were the main themes during this week and the key drivers of market movement, while we also had some high profile companies reporting

Past performance is not an indicator of future results Previously we suggested that the NAS100 was in a good position for participants to start banking profits. Since then the index has pullback and the overbought condition has normalised. The left chart shows the NAS100 daily. It is trading on the border between the bullish and neutral areas. The hourly chart is on the right. A bullish EMA crossover and stochastic…

This week featured financial results and other news from high-profile companies, as well as big stock moves, with Disney’s post-earnings plunge standing out