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Yesterday's price action sets up for potentially bullish "buy the dip" action today.
This escalation to military conflict has led to a risk-off sentiment in the financial markets.
During the week of February 7-11, we saw a big number of companies reporting their financial results, not only from the US, but form Europe as well. Disney and its DisneyPlus streaming service, was probably the main focal point
US Consumer Price Index (CPI) surged to the highest levels since 1982 in January, as Thursday’s data showed, leading to aggressive rate hike pricing and sending Wall Street lower
Inflation in the United States continues to run hot, as today’s January Consumer Price Index figures showed another jump
The US index is having another good week and today it remains in a lively mood, ahead of key earnings
The approximately $40 billion potentially industry-changing deal fell through, as it faced multiple regulatory hurdles in various jurisdictions
The Walt Disney Company announces its financial results for the first fiscal quarter of 2022, after the close of regular trading on Wednesday February 9, 2022, with fresh DisneyPlus subscriber figures in the spotlight
Publicly traded companies periodically report their financial results, which draw the attention of investors, trying to gauge their financial health and potential impact on the stock prices
Daily Chart The chart below shows Apple's (AAPL) daily chart. We have included two Bollinger Bands to assess market sentiment. After a brutal selldown during January, AAPL is now on the border of its bullish zone, between the upper blue and red bands. If it moves into this region, it is a bullish development. The longer the stock stays in this region, the stronger the odds for bullish appreciation, significantly…
Daily Charts February has started well for the significant US large-cap indexes. Below we have: * the FXCM Dow Jones Industrials CFD, the US30, on the left; * the FXCM S&P 500 CFD, the SPX500, in the center; and * the FXCM Nasdaq CFD, the NAS100, on the right. We have applied: * two Bollinger Bands, which effectively gives three areas – bullish, neutral, and bearish; and * a stochastic…
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