Stocks: The correction has arrived – What lies ahead?
Global equity markets are facing a significant downturn as fears of slowing economic growth and elevated interest rates weigh heavily on sentiment. The correction, characterized by a 10% decline from recent highs, has hit major indices, signaling a shift in investor behavior. Analysts cite rising bond yields and persistent inflation as key drivers of the […]
Soft inflation and policy shift helped Chinese stocks
Chinese equities climbed as softening inflation raised expectations of further policy support from Beijing. The latest economic data revealed subdued price pressures, which analysts interpret as a signal for the government to maintain accommodative measures. This development added momentum to a market already buoyed by signs of stabilization in China’s struggling property sector. The shift […]
Oil market: Pressure among OPEC+ member mounting?
Growing tensions within OPEC+ are becoming increasingly apparent as the group grapples with maintaining unity amidst challenging market conditions. Recent struggles to stabilize oil prices have exposed disagreements among member nations, with some advocating for stricter production cuts while others prioritize market share over price control. These internal divisions are raising concerns about the alliance’s […]
Gold Miners Junior (GDXJ) correction has ended
The VanEck Vectors Junior Gold Miners ETF (GDXJ) has rebounded, signaling the end of its recent correction. The ETF, which tracks small-cap gold mining companies, had faced significant volatility as gold prices fluctuated. Analysts suggest the recent stabilization in gold prices, coupled with improved risk sentiment, has driven the ETF’s recovery. The broader market’s risk-on […]
Gold stocks and Gold – looking at the forest
Gold stocks are maintaining resilience as investors evaluate broader market conditions and geopolitical tensions. Gold prices, often seen as a haven during economic turbulence, have shown modest movements, reflecting a balancing act between rising interest rates and inflation fears. This stability contrasts with recent volatility in other asset classes, including equities and cryptocurrencies. Analysts highlight […]
US equities move higher as the S&P500 forms new ATH’s
US equities rallied on Tuesday, marking a significant milestone as the S&P 500 reached fresh all-time highs. Gains were driven by strong investor confidence and robust performances in technology and consumer discretionary sectors. Optimism around cooling inflation and resilient economic growth also contributed to the market’s upward momentum. Analysts noted that the market’s recent strength […]
The SP500 is almost at $6060. What’s next?
The S&P 500 is closing in on the unprecedented $6060 milestone, fueled by resilient investor sentiment and a rally across tech and consumer discretionary sectors. Despite broader economic uncertainties, key earnings reports and favorable economic data have spurred confidence, driving the index closer to this landmark level. Analysts caution that while the momentum is strong, […]
Stocks creeping higher: Signs of exhaustion?
U.S. stocks edged higher on Tuesday, continuing a slow upward trend, though signs of fatigue emerged as trading volumes thinned. The S&P 500 added 0.2%, while the Dow Jones Industrial Average climbed 0.1%. The Nasdaq Composite gained 0.3%, supported by strength in tech stocks, but analysts flagged waning momentum. Investors weighed a mixed bag of […]
Bajaj Auto Indian stocks Elliott Wave technical analysis
Bajaj Auto has recently drawn attention in the Indian stock market, with analysts observing potential signals aligned with Elliott Wave theory, a popular method in technical analysis. The stock has displayed a consistent uptrend, hinting at a possible wave formation that could indicate continued bullish momentum. Technical analysts suggest Bajaj Auto may currently be in […]
