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StockWatch: NGAS Hits 13-Year High!
Natural gas has continued its ascent as prices hit the highest level in 13 years. The commodity is sensitive to any supply concerns, with a coal price rally being partly to blame. Europe is determined...
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StockWatch: Gold Looks for $2k as Inflation Persists!
XAUUSD is sitting at the highest level since over a month as it climbs to the all-important $2k zone. With no end in sight to the ongoing conflict and a likelihood of more sanctions imposed on Russia,...
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StockWatch: Bank of America Stock Jumps on Earnings Call!
Bank of America posted Q1 revenues that exceeded estimates. Even though profits had declined by 12%, the numbers still exceeded expectations. In turn, this resulted in shares pushing over 4%. As the...
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StockWatch: Netflix Falls Again with Another Subscriber Miss!
Netflix confirmed that it has lost more subscribers as it reported first-quarter earnings. The streaming giant was expected to add 2.5 million subscribers, and it said it expects to lose another 2...
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StockWatch: Tesla’s Hits Another Earnings Record!
Tesla has posted record profits once again as it blew away Wall Street estimates. This caps off another record earnings season for the company as it overcame supply chain issues. Proctor & Gamble...
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StockWatch: What’s Next for Twitter?
Elon Musk has been warned he must protect Twitter users from harmful content. This comes after he struck a $44bn deal to buy the social media giant. Tesla stock dropped over 12% as Musk needs to borrow...
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StockWatch: Gold Pressured Under $1900 as Appetite Shifts!
Gold failed to recapture the $1900 handle in yesterday’s trading as pressure mounts on the yellow metal. With the dollar index pushing higher, gold appetite has taken a step back. Meanwhile, oil has...
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StockWatch: DXY Breaks 2-Decade High as Dollar Rallies!
The US dollar surged to its highest level in two decades as aggressive interest rate rises from the Federal Reserve fueled the rally. It now sits at its strongest level since 2002 with more upside...
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SPX500 Bulls Target 4825.40!
The SPX500 index seems to be forming a large impulse trend. Most likely, the primary wave ③, which is part of the cycle impulse V, is currently under development. It is a bullish impulse consisting of...
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Why Forex Traders Should Especially Care About the Stock Market This Quarter
We all know that the forex and stock markets are related, so it’s of course a good idea for forex traders to keep an eye on what equities are doing. But there are a couple of circumstances that are...
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