The Markets Have Been Tricky Lately, Here’s One Area That’s Doing Just Fine
It’s been a tough week as the markets bounce around in response to headline news. Both the Nasdaq and the S&P 500 broke below key areas of support on Wednesday,…
Read More »How to Day Trade Bank Stocks Profitably
Banks are an important part of the American economy. As you recall, banks contributed to the financial crash of 2008/9 and were among the best performers during the Covid recovery….
Read More »S&P 500 (SPX) Nasdaq (QQQ) Week Ahead: Equites set another record high as huge earnings week beckons
Another week, another record as the S&P 500 sets yet another new high. It seems at the end of every week we look ahead and wonder if this can keep…
Read More »S&P 500 Index Weekly Forecast: Stocks stay strong, Suez still stuck!
Equities close nicely on Friday to cap a solid week of gains for the broader indices. The S&P 500 finished the week ahead by 1.57%, The Dow is positiv
Read More »Wall Street Close: Four days in the red for the S&P 500, but index still supported above 3900
The S&P 500 ended the session with modest 0.2% losses, meaning the index has now fallen for four straight days, its longest losing streak so far this
Read More »Australian Dollar Forecast: S&P 500 Gains Fail to Inspire, Why the Struggle?
The growth-linked Australian Dollar lost some ground despite a rising S&P 500 as the US Dollar received a boost from rising Treasury yields. This dynamic remains important to watch ahead.
Read More »Wall Street Close: S&P 500 and Dow erase gains for the year as investors fret over retail frenzy fallout
It was an ugly finish to the week on Wall Street with all three major indices dropping and no sector spared from the selling pressure; the S&P 500 dro
Read More »How to Trade the Fast-Growing Gaming and eSports Sectors
Gaming and esports are two of the hottest sectors in the financial market today. In fact, in 2020, the VanEck Vectors Video and eSports ETF (ESPO) rose by more than…
Read More »Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries
The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are…
Read More »Wall Street Close: Fresh record closes for S&P 500 and Nasdaq as markets bet on stimulus
Friday saw the S&P 500 and Nasdaq 100 hit and close at all-time highs, the former rallying as high and closing in the 3820 after bulls aggressively bo
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