Kospi Index, EWY ETF jumps after Micron earnings, but major risks remain
South Korea’s Kospi Index jumped by over 5% on Thursday, and is slowly nearing its all-time high of 9,387. It has soared by 184% in the last 12 months, making…
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Nikkei 225 Index nears crucial price as Kioxia, Tokyo Electron, Softbank stocks surge
The Nikkei 225 Index jumped and neared its all-time high as memory and semiconductor companies like Kioxia, Tokyo Electron, Advantest, and Keyence Corporation soared. It jumped by over 5% to…
Hang Seng Index forms death cross as Anthropic accuses Alibaba of distilling
The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days and is…
Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
The S&P 500 Index has surged more than 21% over the past 12 months and is up 7% year to date, adding trillions of dollars in market value. The rally…
Soaring Western Digital stock faces some major risks: is a reversal coming?
Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960%…
What’s the point of investing in Cathie Wood’s ARKK ETF anyway?
Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68…
Kospi Index forms bearish divergence ahead of Micron earnings
The Kospi Index retreated sharply this week, reaching its lowest level since June 12, as technology stocks plunged. The KOSPI fell nearly 10% on Tuesday, before rebounding on June 24…
Nikkei 225 Index slips as Kioxia stock suffers a harsh reversal
The Nikkei 225 Index has slumped over the past two consecutive days, reaching a low of 68,863 as fears of a technology bubble intensify. It has slipped by 5.5% from…
It’s not just SpaceX: These top Scottish Mortgage Trust stocks are in trouble
Scottish Mortgage Trust share price has retreated sharply this week, continuing a downward trend that started on June 3. SMT stock has slumped to 1,357p, its lowest level since April…