Dow Jones index hits record high as these stocks lead the rally
The Dow Jones Index jumped to a record high last week, helped by strong performance of some traditional companies. It jumped to a high of 52,905, up by 17% from…
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Category: Investing
Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since…
Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11.…
USD/JPY prediction: traders brace for a Japanese yen intervention
The Japanese yen jumped sharply on Thursday as traders braced for a potential intervention by the Bank of Japan (BoJ). The USD/JPY pair retreated to a low of 160.62 from…
Hang Seng Index slumped in H1 as Nikkei 225, Kospi soared: here’s why
The Hang Seng Index retreated by over 10% in the first half of the year as some of the biggest Chinese technology companies lagged behind their global peers like the…
Here’s why the Kospi Index is slumping today (July 2)
The Kospi Index slumped by over 7% as volatility in South Korea’s equity market continued. It plunged to a low of 7,733, down by 17.50% from its highest point this…
Nikkei 225 Index outlook for July: Top 4 catalysts to watch this month
The Nikkei 225 Index has sold off recently as investors book profits following its strong rally to the all-time high of 72,781 in June. It was trading at 69,190 on…
Bitcoin price prediction: Glassnode sees bottoming signs despite surging ETF outflows
Bitcoin price rose for the second consecutive day despite the rising ETF outflows and the fear that Strategy (formerly MicroStrategy) will dump some of its holdings. BTC jumped to $60,870,…
DRAM: Here’s why this Micron, SK Hynix, Sandisk ETF just crashed
The Roundhill Memory ETF (DRAM) retreated for the second consecutive day as jitters in the memory industry accelerated. The fund, which has become a $24.3 billion behemoth, retreated to $62.45…