TAG: Alphabet
Market Insights Podcast – BOJ, AU inflation, US PCE and US Magnificent 7 stocks earnings in the focus
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week’s key economic data and events. Firstly, Australia’s monthly CPI (March) out on Wednesday (24 Apr) is expected to come in at a similar annualized pace of 3.4% as printed in Febr...
5 months ago
Nasdaq 100: Potential bullish reversal looms ahead of Alphabet and Tesla earnings results
Market breadth indicators (% of component stocks above 20-day & 50-day moving averages) have increased to above 50%. Short-term bullish momentum condition sighted at the retest of its 50-day moving average. Watch the 19,520 key short-term support ahe...
2 months ago
Week Ahead: Alphabet to kick-start Big Tech earnings
Alphabet ↑ 27% year-to-date Pay close attention to updates on AI innovations Shares could move 5.8% ↑ or ↓ post earnings (Alphabet) Technical levels = $183, $177 & $170 (Alphabet) Tesla earnings also in focus, stocks ↑ 26% MTD The week ahead is pack...
2 months ago
Apple and Alphabet’s freakish earnings broke this market barometer
One of the most widely followed gauges of the stock market, for decades a reliable indicator of future returns, has led investors astray in recent years. Its misdirection comes down to the freakish earnings growth of big technology companies such as Apple...
2 months ago