US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[NEUTRAL] S&P dropped and broke below support, invalidating bullish scenario. We turn neutral for now, expecting price to consolidate between 5640.00 resistance and 5560.00 support. A candlestick close below 5560.00 support will open a drop towards next support at 5510.00. Technical indicators are mixed for now. Alternatively: A 4 hour candlestick close above 56...
During his presidency, Trump frequently used Twitter to influence the stock market, forcing fund managers to monitor his tweets for trading cues. Now, Trump is once again wielding his personal influence over the market. Trump’s ability to "control" the stock market is formidable. He extensively used Twitter to praise or criticize various industries or companies, causing market volatility. For example, on February 19, 2020, the U.S. stock market hi...
The S&P 500 and Nasdaq Composite are down 1.26% and 2.87%, respectively, heading into Friday. On the other hand, the Dow is up 1.66% and the small cap Russell 2000 is up 2.33%. That divergence has been encouraging to some Wall Street pros who had worried that the market rally was becoming too dependent on a handful of massive tech stocks. “The internals of the market are very healthy,” Evercore ISI strategist J...
According to U.S. Treasury data, under pressure to intervene in the forex market, Japan's holdings of U.S. Treasuries fell for the second consecutive month in May, reaching a six-month low with a total reduction of nearly $60 billion over two months. China's U.S. Treasury holdings in May approached the low set in March 2009. Chinese investors sold $7.68 b...
If July 11 marked the end of the U.S. stock market AI bubble, what's next? The tech bubble burst in 2000 showed similar volatility: tech stocks underwent massive rotations before the market-wide crash ensued. UBS believes small-cap stocks currently lack strong fundamental support. Future economic stability and cooling inflation are crucial for the performance of small caps. The rotation towards small caps might continue, bu...
The Learner :
May be we have some more time to play around as the article also says the below: And yet, he has no doubt that the reckoning is coming. It might not be this year or even next year, for that matter, but at some point, he says, it’s happening.
Stocks: The Dow Jones fell 1.29%, the S&P 500 dropped 0.78%, and the Nasdaq declined 0.7%. Bonds: The yield on the 10-year U.S. Treasury rose 4.65 basis points, reaching a new high of 4.2040%. The 2-year Treasury yield increased by approximately 3.60 basis points, hitting 4.4735%. Commodities: WTI crude oil for August delivery fell $0.03, or about 0.04%, to $82.82 per barrel. Brent crude for September delivery rose $0.03, or less than 0.04%, to $85.11 per barrel. COMEX gold...
$Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$ $ProShares UltraPro Short QQQ ETF(SQQQ.US)$ $ProShares UltraPro QQQ ETF(TQQQ.US)$ $Dow Jones Industrial Average(.DJI.US)$
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[NEUTRAL] S&P dropped and broke below support, invalidating bullish scenario. We turn neutral for now, expecting price to consolidate between 5640.00 resistance and 5560.00 support. A candlestick close below 5560.00 support will open a drop towards next support at 5510.00. Technical indicators are mixed for now.
Alternatively: A 4 hour candlestick close above 56...
Trump’s ability to "control" the stock market is formidable. He extensively used Twitter to praise or criticize various industries or companies, causing market volatility. For example, on February 19, 2020, the U.S. stock market hi...
$S&P 500 Index(.SPX.US)$ $CBOE Volatility S&P 500 Index(.VIX.US)$ $Russell 2000 Index(.RUT.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$
That divergence has been encouraging to some Wall Street pros who had worried that the market rally was becoming too dependent on a handful of massive tech stocks.
“The internals of the market are very healthy,” Evercore ISI strategist J...
China's U.S. Treasury holdings in May approached the low set in March 2009.
Chinese investors sold $7.68 b...
UBS believes small-cap stocks currently lack strong fundamental support. Future economic stability and cooling inflation are crucial for the performance of small caps. The rotation towards small caps might continue, bu...
The Dow Jones fell 1.29%, the S&P 500 dropped 0.78%, and the Nasdaq declined 0.7%.
The yield on the 10-year U.S. Treasury rose 4.65 basis points, reaching a new high of 4.2040%. The 2-year Treasury yield increased by approximately 3.60 basis points, hitting 4.4735%.
WTI crude oil for August delivery fell $0.03, or about 0.04%, to $82.82 per barrel. Brent crude for September delivery rose $0.03, or less than 0.04%, to $85.11 per barrel. COMEX gold...
The Russell 2000 index of small-cap stocks $Russell 2000 Index(.RUT.US)$dropped nearly 2%, continuing its decline for the second consecutive day after bei...
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