Nifty 50 Index forms a death cross as Bajaj, Tata Motors, HDFC shares tumble

The Nifty 50 Index remains in a deep sell-off this week as concerns about the Indian economy face major challenges amid the ongoing Iran war. It dropped to INR 22,940 this week, and has now formed a death cross pattern, pointing to more downside in the near term. Nifty 50 Index death cross points to… Continue reading Nifty 50 Index forms a death cross as Bajaj, Tata Motors, HDFC shares tumble

Here’s why the Nikkei 225 Index moved into a correction

The Nikkei 225 Index retreated by over 3% on Friday, mirroring the performance of American equities, with the Dow Jones and Nasdaq 100 falling by 200 and 60 points, respectively. The Japanese index dropped to ¥53,370, down by 10.10% from its highest point this year.  Japanese stocks amid inflation concerns  The Nikkei 225 Index has… Continue reading Here’s why the Nikkei 225 Index moved into a correction

Hang Seng Index at risk of a crash amid Alibaba, Tencent, Xiaomi woes

The Hang Seng Index remained in a correction this week after falling by 10% from its highest point this year as technology companies slipped. It dropped to H$25,400, down from the year-to-date high of H$28,052.  Hang Seng Index drops amid the Alibaba, Tencent, Xiaomi sell-off  The Hang Seng Index, which tracks some of the biggest… Continue reading Hang Seng Index at risk of a crash amid Alibaba, Tencent, Xiaomi woes

Tilray stock price has just lost a key support: is a crash to $5 coming?

Tilray stock price has plummeted and lost crucial support as demand for cannabis companies wanes. TLRY dropped to $6.7 on Wednesday, its lowest level since August last year. It has slumped by 72% from its highest level last year. Tilray stock has slumped despite some key catalysts TLRY share price has dropped since October last… Continue reading Tilray stock price has just lost a key support: is a crash to $5 coming?

BitMine stock eyes an explosive surge as Ethereum price forms a bullish pattern

BitMine stock price remains in a deep slumber this month, continuing a trend that started in February. BMNR was trading at $21.4 on Wednesday, inside a range it has been stuck in since February 5 this year. It remains much lower than the all-time high of $161. This article explores why the stock may rebound… Continue reading BitMine stock eyes an explosive surge as Ethereum price forms a bullish pattern

Dow risks crash to $43k as Fear and Greed Index tumbles

The Dow Jones Index is nearing a correction after falling by 9% from its highest point this year. It tumbled by 768 points on Wednesday, and its futures dropped by over 120 points. This retreat may continue in the coming weeks, potentially to $45,000 as risks rise. Dow Jones Index technical analysis suggests more downside … Continue reading Dow risks crash to $43k as Fear and Greed Index tumbles

SCHD ETF has pulled back: is it safe to buy the dip now?

The Schwab US Dividend Equity ETF (SCHD) has slumped to its lowest level since February 4 this year. SCHD has dropped by 4.40% from its highest point this year, and this trend may continue falling before rebounding. SCHD ETF stock has dropped as American shares dump  The Schwab US Dividend Equity ETF has suffered a… Continue reading SCHD ETF has pulled back: is it safe to buy the dip now?

Here’s why the DAX Index is on the cusp of a steeper crash soon

The DAX Index slumped by over 2% on Thursday and is hovering at its lowest level this year as energy prices surged, making most companies in the index less competitive. It dropped to €23,000, its lowest level since March 9th, and nearly 10% below its highest point this year.  German stocks plunge amid the ongoing… Continue reading Here’s why the DAX Index is on the cusp of a steeper crash soon

HSBC share price outlook as it eyes another round of layoffs

The HSBC share price has slumped and moved into a correction after falling by 12% from its highest point this year. It has dropped to 1,210p, mirroring the performance of other European banks. So, will it rebound as the company plans more job cuts amid its AI investment? HSBC plans massive job cuts  HSBC, the… Continue reading HSBC share price outlook as it eyes another round of layoffs