The S&P 500 Index has had a strong performance this year as it jumped to a record high several times. It has soared by 41% from its lowest level this year, and Wall Street analysts believe that the index and its ETFs, like SPY, VOO, and IVV have more upside in the coming years. S&P
Nvidia stock price has moved sideways in the past few weeks as concerns about competition and growth continue. Still, technicals and its valuation metrics point to a resurgence in the coming weeks, potentially to a record high. Nvidia stock price technicals points to a rebound The daily timeframe chart shows that the NVDA stock price
Adobe stock price has been in a freefall in the past few years as it continued to underperform the broader stock market. ADBE was trading at $325 today, Dec. 4, down by over 50% from its pandemic highs. Its market cap has dropped from $341 billion at its peak to $138 billion today. Adobe shares
The IREN stock price has nosedived recently and formed a risky pattern that points to further downside. It dropped to $43 this week, down by over 40% from its highest point this year. So, is it safe to buy the IREN dip or does it have more downside to go? IREN stock price technicals point
The Turkish lira remained at a record low against the US dollar, continuing a trend that has been going on for decades. The USD/TRY exchange rate was trading at 42.4, up by 21% from where it was trading at in January this year. Turkish inflation drops, raising odds of a CBRT rate cut The USD/TRY
American Eagle stock price continued its strong bull run in the extended hours after the company published strong results and boosted its guidance. AEO shares ended the session at $20.8 and then rose to $22.8 in the after-hours. So, will this surge continue? American Eagle boosted by key marketing campaigns AEO, the parent company of
Lucid stock price has crashed in the past few months as challenges in the EV industry remained. LCID was trading a $12.58, down by 65% from its highest point this year. It has been in a freefall since February 2021, a move that has brought its market cap from over $120 billion to $4 billion
Trading used to be about gut feelings and reading charts. Traders sat at desks watching screens, trying to spot patterns that meant prices would go up or down. That world exists still but machines can now do what took humans years to learn, except in milliseconds. Speed matters more than people admit Algorithms process information
Salesforce stock price remained under intense pressure in November as concerns about the company’s AI business continued. CRM was trading at $230 on Monday, down by 37% from the year-to-date high, making it one of the top laggards in the Dow Jones Index. So, will the CRM stock rebound or continue crashing ahead of its
Borrow cheap yen, invest in higher-yielding assets, pocket the spread: repeat with leverage. That simple idea, known as the yen carry trade, has fueled enormous profits for hedge funds and global investors for decades. But when market conditions shift, this strategy unravels spectacularly, wiping out positions and triggering cascading selloffs across global markets. Today, with