Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon
The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and…
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Category: Investing
Soaring Astera Labs stock faces a major valuation risk: what next?
Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its…
Top 3 reasons Japan’s Nikkei 225 Index is falling today
The Nikkei 225 Index slumped by nearly 4% today, June 8, as the recent rally took a breather. It retreated to ¥64,000, down from the year-to-date high of ¥68,670. This…
Crypto market rally today: Here’s why Bitcoin and top altcoins are going up
A crypto market rally is underway today despite the ongoing retreat in global equities, with Japan’s Nikkei 225, German’s DAX, Hong Kong’s Hang Seng, China’s Shanghai Composite, and Australia’s ASX…
Here’s why the Hang Seng Index is falling by 1.20% today (June 8)
The Hang Seng Index retreated by over 1.18% on Monday, continuing a sell-off that started on May 14, when it peaked at H$26,856. It retreated to a low of H$24,466,…
USD/JPY forecast as Japanese yen hits critical BoJ intervention level
The Japanese yen crashed to an important level that triggered a massive Bank of Japan (BoJ) intervention in April. The USD/JPY exchange rate rose to the crucial resistance at 160,…
USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee
The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate…
Cheap Adobe stock has formed a risky pattern: will it crash after earnings?
Adobe (NASDAQ: ADBE) stock price remains on edge this week as investors wait for the upcoming quarterly results, which will provide more insights on its business amid the ongoing artificial…
QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing
Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100…