TAG: Nasdaq
Nasdaq analysis: What now after CPI-related sell-off?
Nasdaq analysis: risk of correction is increasing US bond yields dip after CPI-related gains on Tue...
7 months ago
USD/JPY forms bull flag above 150, Nasdaq ‘rebound’ tied to yields
Analyst estimates were overly optimistic with their lower CPI forecasts, and the upside surprises sh...
7 months ago
US dollar, Nasdaq, S&P 500, gold analysis: Forward testing US CPI
The Bureau of Labor Statistics release their monthly inflation report in a few hours. Using data sin...
7 months ago
Beat the street: solid jobs report boost soft landing prospects; Broadcom; Novo Nordisk ousts Tesla
Novo Nordisk's valuation surpasses Tesla on its experimental obesity drug data. Plus, a look ahead to Bitcoin halving with ByteTree.com CIO, Charles Morris. (AI Video Summary) In today's "Beat the street" video, Angeline Ong gives us trading insight...
6 months ago
Potential Bullish Bounce
TitlePotential Bullish BounceTypeBullish BouncePreference:Price is trading close to the pivot point of 18,247.89 which is an overlap support that aligns with the 38.2% Fibonacci retracement level and could potentially reverse from here; we could see momen...
6 months ago
Nasdaq 100: futures up after a session of limited gains
FOMC commentary and rate cut speculations There was plenty of FOMC (Federal Open Market Committee) members speaking. The attention was largely on Chairman Powell. He did not stick to a timeline on rate cuts, stating it's "too soon to say whether the recen...
6 months ago
Wall Street: stocks steady ahead of pivotal CPI release
US stock reaction to last Friday's NFP report US stock markets rebounded on Friday, supported by Megatech, despite a firmer-than-expected jobs report that saw yields end the week at their highest closing level this year. Within the details of Friday's non...
6 months ago
Nasdaq Drops On USD Strength & Geopolitical Risks
USD Rally Hits NasdaqRisk sentiment is looking a little shaky ahead of the US open today following a 2.4% drop in the Nasdaq yesterday. A combination of heightened uncertainty over the growing conflict in the Middle East, as well as a fresh uptick in the...
6 months ago
Trump’s social media venture set for Wall Street debut Tuesday
Donald Trump’s fledgling social media venture will begin trading as a public company on Tuesday, setting the former president up for a potentially massive payday if all goes to plan. Trump Media & Technology Group is slated to debut on Nasdaq under th...
5 months ago
Wall Street: US tech stocks tumble amid economic pressures
US equity markets dived last week, led by the tech-heavy Nasdaq, due to persistently high interest rates, ongoing geopolitical tensions, and anxieties ahead of US tech earnings. Netflix and AI stocks bear the brunt of market disappointment The sell-off ac...
5 months ago
Make or Break Week For The Nasdaq
Nasdaq Under PressureTech earnings are back in focus this week as the market braces for a slew of big names due to report. The Nasdaq is sitting around 8% down off the YTD highs currently as a stronger US Dollar/shift in Fed outlook has prompted a squarin...
5 months ago
Big Risks Ahead For Nasdaq This Week
Nasdaq Higher Ahead of Next Tech EarningsThe Nasdaq continues its attempted recovery this week with price testing back above the 17693.37 level, having bounced off support at the 16982.40 level. The index has suffered in recent weeks as a hawkish shift i...
5 months ago
Nasdaq 100: Futures up after a red session, earnings from Apple next
FOMC dovish hold and mostly disappointing data The Federal Open Market Committee (FOMC) opted to hold interest rates steady as anticipated, with a statement citing a "lack of further progress" on inflation. However, other aspects appeared dovish, especial...
5 months ago
Wall Street update: US indices rebound ahead of tech earnings, FOMC, and NFP
Wall Street update Despite gains on Friday night following favourable PCE inflation data, last week's Wall Street narrative centred on position unwind and sector rotation—out of tech stocks and into small caps and blue chips. Political developments impact...
2 months ago