Tom DeMark says the S&P 500 index has more room to run, according to a Bloomberg News report on Tuesday. The technical analyst and market timekeeper says the broad market stock index is likely to hit 3,500 as the general stock market tries to catch up to the dizzying pace …
Read More »Dow leans more when investors watch tensions between China and the US, while investors watch Tesla earnings, Microsoft
US stocks rose slightly at the start of trading on Wednesday as investors braced for the corporate results of major corporations, including Tesla and Microsoft after the close, and watched the increase in Sino-US tests. . Market participants are also concerned about the state of congressional negotiations on another financial …
Read More »Pre-marketing actions: Technology is not a one-way pandemic gamble. Look Snap
See here: Netflix added an impressive 26 million subscribers in the first half of 2020, while Snapchat owner Snap saw a 20% increase in daily active users in the first quarter compared to the same period from last year. But the blow provided by the crisis is beginning to lessen. …
Read More »Tesla Q2 Benefit Could Drive Elon Musk Group Towards S&P 500
Tesla Inc. (TSLA) – Get report Founder and CEO Elon Musk could steer his company toward the S&P 500 later this year, and justify one of the most electrifying moves in the history of the American market, if the clean energy automaker can post a quarterly profit after the close …
Read More »The dollar was hit in the mouth on Tuesday and its forecast is weak, experts say.
The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
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