Is the US Dollar Finally Losing Momentum?
US dollar index faces risk of ending its 11-week bullish streak, with potential to fall to 105.5 Factors contributing to dollar's strength include hawkish Fed, Eurozone recession concerns,...
-
4 Factors to Watch Out for In October as Wall St. Wraps Up Rocky September
After a rocky September, investors should brace for more violent swings and sharp moves in the weeks ahead. October is expected to be another volatile month on Wall Street. Key factors to...
-
US Dollar, Oil Overbought: Will They Correct Enough?
Greenback to take a breather after 8-weeks long rally; direction remains bullish Similarly, oil could retest $90 Fed actions, bond market shifts, and speculative positions to tell the market...
-
Meta to Take VR Market by Storm With Quest 3: Can the Competition Keep Up?
The virtual reality market is poised for growth in the next few years Meta, Sony, Apple, and Alphabet are all vying for dominance Among these giants, Meta emerges as the best option to gain...
-
Natural Gas: Sweet Spot for Support Elusive Amid Choppy Output, Weather
Market dynamics make it difficult to zero in on support between mid-$2 and $3 Output “all over the place” as maintenance-led outages mitigated by LNG volumes EIA likely to report 88 bcf...
-
S&P 500 Selloff: Embrace Short-Term Pain for Sustainable Long-Term Gains
Current selloff in stocks is absolutely normal and expected Despite the declines and investors' overreactions to it, we are still in the green for the year Short-term pain is a key part of...
-
Top 5 Stocks to Own as Treasury Yields Surge to 16-Year Highs
U.S. 10-year Treasury yields have climbed to 16-year highs as investors digest the Federal Reserve's higher-for-longer rate mantra. As such, I used the InvestingPro stock screener to search...
-
Gold at $1,900: How Long Will ‘King Dollar’ Allow It?
Spot gold’s immediate support seen at $1,888 on dollar, yields weight Bullion could fall to $1,875 or $1,858 without recovery in near term Dollar Index could hit hard wall at 107.18,...
-
South Africa 40 Cash Index Price Now Testing the Next Level of Support
Traders will want to note that the South Africa 40 Cash Index is expected to adjust for a dividend in the underlying.South Africa 40 Cash IndexSource: IG chartsThe South Africa 40 Cash Index...
-
EUR/USD Parity Odds Still on but Greenback Might Hit Hard Wall First
New Euro-US dollar parity a possibility as the pair hovers below 1.0610 Still, the greenback is likely to face tough road ahead in the technical chart Fed to be the decisive factor going...
-
Don't Get Too Bearish: Market Tends to Be Up 80% of the Time
Permabears tend to lose out on gains as they sell at the first sign of trouble But selling during bear markets is not the key to long-term investing success Weathering market volatility is...
-
Powell Needs You to Buy Bonds so the Fed Can Buy Time
Fed's actions and projections remain disconnected from each other Powell needs to make bonds attractive in order to keep the US economy going ahead Meanwhile, a bearish steepening has made...
-
Can Bitcoin, Ethereum Bank on Spot ETF Approval to Reverse Downtrend?
Bitcoin is under pressure and has slipped below support at $26,500 Meanwhile, Ethereum has been on a downward trajectory since reaching $2,100 in April A potential positive catalyst for both...
-
S&P 500: September Slump Deepens as History Suggests Challenging Times Ahead
As we enter a historically weak period for the stock market, negative investor sentiment has moved above its historical average Meanwhile, recent developments at Adobe have made the stock an...
-
Commodities Week Ahead: Oil Bulls Seek Higher $90s Amid China, Fed Challenge
Property crisis weighs again on market sentiment in top oil buyer China Fed speakers, including Chair Powell, on higher-for-longer rates messaging Russian fuel export ban puts floor beneath...
-
How Much Lower Can EUR/USD, GBP/USD Go in Light of Powell's Hawkish Remarks?
US dollar continues to strengthen on Fed's hawkish stance EUR/USD could continue to head lower on the back of weak data from Eurozone Meanwhile, GBP/USD is now edging closer to support level...
-
Fed Leads Investors Into Bonds Amid Stock Market Uncertainty, Higher Yields
Stocks are tanking as markets price in higher for longer scenario Meanwhile, bonds have declined for 2 years in a row and are on track for a third bearish year As economic weakness sets in...
-
Oil: Will Putin Be Second Time Lucky Weaponizing Global Supply?
Russian leader eager to use oil supply, price to hurt Biden and other rivals Joined by the Saudis, Putin's plan has greater odds of success in a cold winter Those targeted may only be...
-
Instacart's Hot IPO Turns Cold Overnight: Buying Opportunity or Reality Check?
After an initial success, Instacart's IPO turned out to be a relative flop The stock opened up over 40% on the day of its IPO but reversed its gains the following day Instacart faces strong...
-
3 Stocks Are Set to Leave Dow Jones Index - But Is That a Bad Thing After All?
In theory, stocks included in indexes tend to rise, while those excluded tend to fall However, General Electric stock gained around 50% after being ousted, and Walgreens Boots Alliance stock...
-
Natural Gas: When Best-Laid Plans for Production Culling Go Awry
Stalled maintenance on NGPL pipeline snaps 2-day gas rally Trade expects production to swell now to above 100 bcf/d, aided by benign weather Despite output spike and weather outlook, gas...
-
Fed Expected to Confirm Rate Hike Pause Today - But What About November?
All eyes are on the Fed ahead of a key interest rate decision Markets are expecting a pause from the Central Bank As November's outlook remains uncertain, investors ponder the arrival of...
-
Orange Juice Might Fizz to Another Record High as Hurricane Risks Linger
Juice prices up 25% since June, hitting record high of $3.90/lb on Sept. 8 Storm risks aside, greening disease has dealt blow to harvests in Florida, Brazil FCOJ futures need to stay above...
-
Pfizer Nears Pre-Pandemic Levels: Is the Stock Ready to Bottom Out?
Despite a long-term downtrend since December 2021, Pfizer's stock may still be undervalued The company is now aiming to establish a stable, growth-oriented model following a year of...
-
Copper: Ever Slow China Recovery Demands More Patience From Bulls
Top base metal remains super sensitive to gyrations in China’s property market Copper needs weekly close above $4/lb to sustain a breakout, charts show Slide below $3.70 could take it all...
