Market News

Morgan Stanley stock has wavered recently, evem as the Wall Street company published strong financial results. MS was trading at $218, a few points below its all-time high of $232. This consolidation may lead to a strong rebound after a major Goldman Sachs prediction. Key Goldman Sachs prediction may boost MS stock Morgan Stanley is… Continue reading Morgan Stanley stock in focus as Goldman Sachs predicts an M&A boom

The Nikkei 225 Index rose modestly as traders bought the recent dip and as the Japanese yen continued declining against the US dollar. It was trading at 66,550, up by 6.30% from its lowest point this month. Japanese yen and government bonds slip The Nikkei 225 Index rose a bit as investors reacted to the… Continue reading Nikkei 225 Index wavers as Japan bond yields and tech stocks rise

Crude oil prices surged on July 23, climbing to their highest level since June 8 as the Middle East crisis intensified, prompting analysts to warn that the rally may be far from over.  Brent crude, the global benchmark, rose to $96.16, up 37% from its June low. Meanwhile, West Texas Intermediate (WTI) climbed toward the… Continue reading Brent crude oil price forecast: targets $100 as US-Iran war escalates

The Japanese yen remained under intense pressure today, July 23, as traders rushed to the US dollar amid the rising tensions in the Middle East. The USD/JPY pair was trading at 163.07, a few pips below this week’s high of 163.2.  Japanese yen crash is continuing The Japanese yen has continued falling this month, even… Continue reading USD/JPY forecast: what next for the falling Japanese yen?

Monday.com stock has crashed this year, mirroring the performance of other software companies. It has dropped by 51% this year and 44% in the last six months. This retreat continued today, July 22, when it announced that it would lay off 20% of its employees as it embraced AI in its operations. Monday.com stock has… Continue reading MNDY stock is down 50% this year: is it a bargain now?

Investors have largely shifted their attention away from the Magnificent 7 companies as enthusiasm has moved toward semiconductor stocks and the broader artificial intelligence trade.  The Roundhill Magnificent 7 ETF (MAGS) has gained just 0.68% this year, significantly underperforming the S&P 500 and Nasdaq 100 indices.  With earnings from the biggest names in technology approaching,… Continue reading Magnificent 7 face the ultimate test as Q2 earnings loom

Bitcoin price rose and crossed the important resistance level of $65,000 as ETF inflows accelerated and as the Crypto Fear and Greed Index exited the fear zone. BTC was trading at $66,267 on Wednesday, up by nearly 15% from the lowest level this year.  Bitcoin ETF inflows are soaring American investors continued buying Bitcoin ETFs… Continue reading Bitcoin price prediction as ETF inflows, Crypto Fear and Greed Index jumps

Wheat prices continued rising this week as concerns about supply escalated. The most active futures in Chicago jumped to 683.2 cents per bushel, up by 20% from the lowest level in June this year. Technicals and the ongoing Russia-Ukraine conflict suggest that prices may continue soaring. Russia-Ukraine war boosts wheat prices Wheat prices have been… Continue reading Here’s why wheat prices are soaring this year

The Schwab US Dividend Equity ETF (SCHD) has reached a major milestone this year, driven by robust investor inflows and solid market performance. The fund recently surpassed $100 billion in assets under management (AUM), making it the second-largest dividend ETF behind the Vanguard Dividend Appreciation ETF (VIG). With SCHD hitting this landmark, is it still… Continue reading SCHD just hit a crucial milestone: is it a good dividend ETF to buy?