Stocks Trade Mixed

S&P 500 Technical Analysis Report 30 October, 2020

S&P 500 reversed from support area Likely to rise to 3340.00 S&P 500 Index forming the daily Japanese candlesticks reversal pattern Hammer on pre-open – following the earlier yesterday’s daily Doji candlesticks reversal pattern near…

Week Ahead

Uncertainty and Risks Remain for US Markets –…

After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…

Dollar reverses losses

FUNDAMENTALS Monday, September 28th

The S&P 500 has fallen for four weeks, its longest losing streak in over a year.  A newly crafted $2.2 trillion US stimulus package from Democrats is lifting sentiment at the start of the new…

Forex Analysis

Forex Technical Analysis & Forecast for September 10th,…

EURUSD, “Euro vs US Dollar” The currency pair performed a decline to 1.1753 and is now correcting. Today, it might reach 1.1820, then decline to 1.1790. At these levels, a consolidation range may form. Upon…

British Pound

Forex Technical Analysis & Forecast 03.09.2020

EURUSD, “Euro vs US Dollar” The currency pair keeps developing a wave of decline to 1.1800. After this level is reached, we expect growth to 1.1850. On these levels, a consolidation range may form. This…

S&P500

S&P500 Achieves Another Record

US stocks continue to rally this week as positive news regarding coronavirus treatments and vaccines creates appetite for market bulls. On Monday, the Dow Jones Industrial Average climbed 300 points, or 1.1%, hitting its session…

Q2 Earnings Season Is Upon Us. What to…

It has been an unprecedented start to the year. With the first half of 2020 in the books and Q2 earnings season upon us once again, what can we expect in the way of earnings…

Stocks Trade Mixed

The Week Ahead – S&P500 Pulls Back, US…

Last week: The week started with some warning signals, alerted in updates here and here, and these proved to be accurate predictors for what was to come. The first was some Yen strength and this was closely followed…

more stimulus

Weekly Market Outlook: Significant Weekly Move on S&P500…

Last week: US stock indices closed higher last week despite the continued economic challenge faced with Covid-19. I often hear and see the phrase 'never fight the Fed' and this seems increasingly relevant at the moment.…