Market News

Rivian stock is doing well this month and beating its top rivals like Lucid and Tesla, helped by its strong vehicle delivery numbers. RIVN soared to $20.15 on Monday, its highest level since January 8. This rally may continue ahead of its earnings, which are coming out on July 30th.  Rivian stock may have more… Continue reading Rivian stock has flagged an inverted H&S pattern: will the rally continue?

The S&P 500 Index and the VOO ETF have largely stagnated over the past two months as some of their biggest constituents, including Nvidia and Meta Platforms, have pulled back. The index was trading at 7,537, up 20% from its lowest level this year, and several key technical and fundamental factors suggest it has further… Continue reading Top 5 reasons why S&P 500 Index and VOO ETF have more upside to go this year

The Roundhill Memory ETF (DRAM) dropped by over 6% in the premarket, reaching a low of $60.65, as memory shares tumbled following the latest Samsung earnings. DRAM has now dropped by over 25% from its highest point this year, and this trend may continue as a top analyst warns of a potential rotation from memory… Continue reading DRAM ETF falls 6.5% after Samsung earnings as expert warns on memory stocks

Rolls-Royce share price has moved in a tight range in the past few months and is hovering around its all-time high. It was trading at 1.480p today, July 7, after rising by 52% in the last 12 months. This article highlights some of the key reasons why the stock may continue rising. Rolls-Royce share price… Continue reading Top reasons why Rolls-Royce share price is set to soar past 1,500p

Barclays share price has gone parabolic in the past few months, reaching its highest point since 2007. It has soared by 55% in the last 12 months, outperforming its top peers like Lloyds and NatWest, which have jumped by 52% and 37% in the same period. Barclays vs Lloyds vs NatWest | Source: TradingView Barclays… Continue reading Here’s why Barclays share price has jumped to a 19-year high

The NZD/USD exchange rate pulled back a bit on Tuesday, reacting to more weak US macro data, and as traders refocused on the upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision. It retreated to 0.5693 from last week’s high of 0.5725. RBNZ expected to hike interest rates The New Zealand dollar, commonly known… Continue reading NZD/USD forecast: bearish signals emerge ahead of RBNZ decision

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. It has now slumped by 25% this year, even as top Wall Street analysts have maintained their bullish outlook. Top analysts are bullish on Sandisk… Continue reading Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase

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 June 11, after a series of negative news. So, is this the start of a new downtrend or just an overreaction? Micron stock dived after… Continue reading Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?

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 it lowest level this year. This article highlights some of the top companies that drove the index to an all-time high. Caterpillar is the best-performing… Continue reading Dow Jones index hits record high as these stocks lead the rally