Market News

Scottish Mortgage Trust share price is firing on all cylinders as some of its biggest bets start to pay off. SMT jumped to a record high this week, completing a major comeback that started in May 2023 when it bottomed at 604p. This surge may accelerate after forming a cup-and-handle pattern ahead of the SpaceX… Continue reading Scottish Mortgage share price pattern points to a 63% surge as AI bets pay off

The ASX 200 Index remained in a tight range while Australian bond yields fell after the latest consumer inflation report. It was trading at A$8,660, a few points below this week’s high of A$8,715.  RBA likely to pause interest rate hikes The ASX 200 Index wavered after a report by the Australian Statistics Bureau (ABS)… Continue reading ASX 200 index on edge as Australian bond yields fall after inflation cools

JPMorgan Equity Premium Income ETF (JEPI) has deviated completely from the broader US stock market. It has dropped by over 5.90% from its highest point this year, even as the S&P 500, Dow Jones, and Nasdaq 10o hover at their all-time highs. This performance is a sign that the fund’s 8% yield is a value… Continue reading JEPI ETF stock is falling as the S&P 500 soars: is the 8% yield an illusion?

The Schwab US Dividend Equity (SCHD) ETF rocketed to a record high last week, meeting our previous forecasts. It ended the week at $32.83, bringing its year-to-date gains to nearly 20%. In contrast, the S&P 500 and Nasdaq 100 indices have jumped by 9% and 17% this year. This trend may continue now that the… Continue reading SCHD ETF is beating S&P 500 and Nasdaq 100: does it have more upside?

Marvell Technology (NASDAQ: MRVL) stock price is in a strong bull run this year, making it one of the top gainers in Wall Street. MRVL jumped from last year’s low of $47 to $196, with its market capitalization rising from $42 billion to $171 billion. Will this rally continue rising ahead of earnings? Marvell Technology… Continue reading Marvell Technology stock flashes red ahead of earnings: will it drop?

Nebius Group stock price has soared this year and is now hovering near its all-time high. NBIS was trading at $214 after soaring by 192% from its lowest point in February. Still, the stock will likely continue rising, helped by the strong revenue momentum amid the artificial intelligence (AI) boom. Nebius Group momentum is accelerating… Continue reading Nebius stock stalls amid debt, dilution, and depreciation fears

Sandisk (NASDAQ: SNDK) stock price remains in a long bull market this year, and is the best-performing company in the S&P 500 Index. It has soared by 505% this year and 4,118% since going public last year.  Its performance has been so strong such that $10,000 invested in it 12 months ago would be worth… Continue reading Sandisk stock flashes a double-top pattern: is a crash coming?

Brent crude oil price rose a bit on Tuesday as the US launched strikes against some Iranian targets and as Israel’s Benjamin Netanyahu urged the military to strike Hezbollah targets in Lebanon. It was trading at $95, a few points above this week’s low of $93.45, and a double-top pattern points to an eventual drop… Continue reading Brent crude oil price may crash to $58, rare chart pattern suggests

Siemens Energy share price has surged in the past few years, making it one of the best-performing companies in the DAX Index. It recently peaked at €191, a record high, bringing its 12-month gains to 112%. The DAX has jumped by 5% in the same period. From near bankruptcy to thriving The ongoing Siemens Energy… Continue reading Here’s why the Siemens Energy share price has surged after its bailout