Citi sees markets in a ‘stalemate’ over the next 12 months as bulls and bears collide PUBLISHED MON, JUL 6 20207:12 AM EDTUPDATED MON, JUL 6 20208:37 AM EDT Elliot Smith@ELLIOTSMITHCNBC KEY POINTS In its quarterly global equity report, Citi strategists said they would not be chasing markets higher from current levels, but would prefer to wait for the next...
Illumina, Inc. ILMN has been gaining from robust segmental growth and increased demand for its products. The company’s focus on partnerships and worldwide expansion to drive growth are expected to contribute further. However, stiff competition and a tough funding environment remain concerns. Over the past three months, the Zacks Rank #3 (Hold) stock has...
Inseego Corp. (NASDAQ: INSG) is an early leader in 5G connectivity solutions and boasts a first-to-market advantage in 5G solutions like 5G MiFI, FWA, and IoT, according to Stifel. The Inseego Analyst: John Marchetti initiated coverage of Inseego with a Buy rating and $13 price target. The Inseego Thesis: Inseego's expertise in the 5G universe should serve as a...
Hedge Funds Have Never Been This Bullish On Limelight Networks, Inc. (LLNW) Asma UL Husna ,Insider Monkey•June 24, 2020 The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value...
The negative headlines sent the market into a downward spiral on Wednesday. The Dow dropped about 700 points, while the S&P 500 and the Nasdaq fell 2.5% and 2.1%, respectively. All three benchmarks posted their worst day since June 11. The tech-heavy Nasdaq also snapped an eight-day winning streak.
Fastly Inc. a content delivery network that acts as an internet intermediary, has emerged as the best-performing tech stock outpacing Zoom Video Communications Inc, ZM , a company that has been often in the limelight in the work-from-home era. What Happened: Fastly made its debut in May 2019 and opened for trade at $21.50. Last week, the stock clocked gains of...
The U.S. stock market was hit with force last week, taking the indices down by the most in a single day since the height of the coronavirus panic. The market though is trying to make that a one-off event with it working on stabilizing a bit. The S&P 500 is doing so around the 200-day moving average, and regardless of whether the end of the pullback is here or...
Stocks continue to rally, even as many American cities remain under curfews and are bracing for continued protests. Analysts said the protests may be alarming, but they are not impacting the stock market, which remains fixated on the economy’s reopening. A big factor keeping the markets going is the trillions in stimulus from the Fed, other central banks and...
Global financial markets plunged for the sixth consecutive day on Thursday, with coronavirus fears shaving over 1,100 points off the Dow (^DJI) — its biggest in history — and sending the S&P 500 (^GSPC) swooning to its fastest-ever correction. “Global markets were down $1.83 trillion today, with the U.S. down $1.33 trillion,“ S&P Dow Jones’ Howard Silverblatt...
Hong Kong (CNN)In 2003, panic was setting in. The fatal severe respiratory syndrome (SARS) -- which first appeared in southern China -- had spread across borders, prompting schools to close in Singapore and hundreds to be quarantined in Hong Kong. Back then, there were no high-speed trains linking Wuhan with other cities, and the southern province of Guangdong,...
Entry at A1 or A2 Stop loss = B Take profit = C All the best.
Explanation in the video. Thanks
The Bank of Japan (BOJ) is out with the Summary of Opinions of its October monetary policy decision, in which it adopted fresh forward guidance on the interest rates. Key Headlines: Appropriate for BOJ to clarify policy stance is titled to monetary accommodation by indicating there will be a downward bias in policy rates. Desirable for forward guidance to show a...
December E-mini NASDAQ-100 Index futures are trading higher shortly after the cash market opening. The index is also outperforming the S&P 500 Index and the Dow Jones Industrial Average. The rally isn’t being driven by earnings reports, but rather the hope of a short-term trade deal between the United States and China. This is because chipmaker shares will be...
My explanation in the video. Happy pippin!!
Looking at the ND100, and Trump decision for tariff retreats, maybe we can have the same pattern for another bull run?
in the bigger picture, current development firstly suggests that down trend from 1.2004 is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Outlook will remain bearish as long as 1.1476 resistance holds. EUR/CHF could target 1.0629 support and below.
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Palo Alto Networks (PANW) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a...