S&P 500

Week Ahead: Can US500 index hold on to post-election gains?

Fri, 28 Feb 2025 06:28:40 +0000

US500 now merely 1.4% higher since November US elections
US500 dragged down by poor US data, tariff threats, subdued Nvidia earnings
Coming up: Trump speech, tariff deadline, NFP report, Powell speech could dictate US500’s fortunes
Key levels: 6,000 to the upside; 200-day SMA to the Read More

Week Ahead: Will Nvidia earnings seal stock’s 200% jump in 2024?

Fri, 15 Nov 2024 09:31:26 +0000

Nvidia: world’s largest company with US$3.6 trillion market cap
Shares already soared 196.3% so far this year
Earnings due after US markets close Wed, Nov 20
Shares forecasted to move 8% up/down Thur, Nov. 21
Read More

All targets reached: Gold, USDInd, US500

Mon, 09 Sep 2024 10:59:05 +0000

Friday’s NFP report: mixed data sparked initial market confusion
Jobless rate edged lower, but hiring also slowed in August
Odds for 50-bps Sept Fed rate cut now down to 26% from 40%
Now, US500 and US dollar indexes up; gold still lower, as predicted
All highlighted post-NFP target prices reached! Read More

Is SPX500_m primed for a breakout?

Tue, 19 Sep 2023 11:51:11 +0000

"Ascending triangle" pattern seen on SPX500_m
Technical signs point to near-term breakout
Historically, upside breakout has 83% chance of succeeding
Wednesday's Fed policy decision may trigger major move

We’re detecting a “squeeze” in the SPX500_m on the daily chart.

Ahead of major central bank meetings in the coming days, t Read More

US stocks, gold extend recovery

Tue, 22 Aug 2023 09:44:50 +0000

SPX500_m returns above 4,400
Big Tech rebound helps S&P 500 pare biggest weekly drop since March
Gold resurfaces above $1900 after hitting 5-month low
Higher Treasury yields should be headwind for stocks, gold
Look out for Nvidia earnings, Powell's speech this week

US stock futures are building on Monday's gains, after a strong rebound in technology stocks.

Read More

Trade of the Week: SPX500_m demands proof out of Nvidia, Jackson Hole

Mon, 21 Aug 2023 06:13:14 +0000

S&P 500 on course to end 5-month winning streak
Nvidia’s forecasted 10% post-earnings move may jolt SPX500_m
Friday speech by Chair Powell to shape Fed rate hike bets
Last Friday’s (August 18th) “doji” points to market indecision ahead of such a pivotal week
Listed Read More

Stocks cautious ahead of central bank pow-wow

Tue, 27 Jun 2023 08:37:47 +0000

NQ100_m attempts to stabilise around 21-day SMA after recent losses
Recession fears weigh on "expensive" US stocks
Talk of further rate hikes by central bankers this week may drag US stocks even lower

US stocks futures are trying to find a more solid footing after Monday’s declines.

Read More

Week Ahead: Powell’s Testimony May Move These 3 Markets

Fri, 16 Jun 2023 10:23:00 +0000

Global financial markets could see increased volatility over the coming week due to Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress.

Attention will also fall on key central bank decisions including the Bank of England coupled with Fed speeches and top-tier economic data from major economies:

Monday, June 19

US Markets closed Read More

Can US share markets go up higher today?

Wed, 14 Jun 2023 09:33:33 +0000

S&P 500 and Nasdaq 100 have seen double-digit gains respectively so far in 2023
AI-mania and hopes for Fed rate cuts in 2024 have boosted US tech stocks
Fed rate decision today could trigger big moves across the share market

In case you missed it, the US stock market has been soaring. Read More

SPX500 bears try to gain momentum

Thu, 08 Jun 2023 09:48:04 +0000

The SPX500_m index seems to be in a sturdy uptrend on the H4 timeframe with prices making a higher top at 4301.6 on Monday 5th June.

However, bears could be making an appearance after prices hit the weekly resistance level as sellers start coming into the market in more numbers. After hitting 4301.6, prices broke through the 15 Simple Moving Average (SMA) and the Momentum Oscillator altered course to the lower side, both confirming the intensified bearish action in the Read More