I have been saying Bitcoin’s decline was a warning to the stock market, I think I was right, stock markets are now at a critical turning point. Bitcoin was the first to turn down, the weakness in the S&P 500 continues, the FTSE 100 has already turned down. This time it looks like the FTSE […]
S&P 500 turns down to catch up with Bitcoin Read More »
Crypto, FTSE 100, S&P 500The FTSE 100 hit a new intraday record as the pound weakened after unemployment rose and wage growth slowed — this has boosted expectations that the Bank of England may cut interest rates. As a result the FTSE 100 is rallying faster than the S&P 500, given that the S&P should rally further (target 7000),
Insider and institutional selling occurs near market tops Read More »
FTSE 100, S&P 500, Stocks and SharesUS stock futures are pointing to a positive open today, driven primarily by growing optimism that the ongoing government shutdown—now the longest in history—could end soon, potentially alleviating economic uncertainty and news of the US government proposal to give $2000 tariff revenue dividends per person. This is like stimulating the economy, similar to what happen
Stock markets rally on news of stimulus measures Read More »
AI, FTSE 100, S&P 500Yesterday saw a rebound in major indices after a tech-led pullback earlier in the week, driven by solid economic data, strong earnings from companies like AMD, and easing concerns over AI valuations. However, pre-market futures point to a modestly lower open today amid ongoing tariff discussions and mixed earnings expectations. UK equities face uncertainty ahead
Valuation concerns weigh on sentiment Read More »
FTSE 100, S&P 500Markets are down this morning, the rally in the major indices may have ended. I talked about the deteriorating market breath last week, despite the recent strength in tech—particularly AI-driven companies such as Amazon and the AI “Magnificent Seven”—there is concern about the narrowness of the rally. More than 300 S&P 500 stocks ended Monday
Equity markets are weak despite positive seasonal influence Read More »
FTSE 100, S&P 500The US stock market is poised for a rebound following a sharp decline in the S&P 500 on Thursday, which pulled the index back toward its 20-day moving average. Pre-market futures signal optimism, with S&P contracts up approximately 0.6% and Nasdaq 100 futures advancing 1.2%, largely buoyed by robust earnings from tech giants Amazon and
Amazon earnings report is positive for the S&P 500 Read More »
FTSE 100, S&P 500, Stocks and SharesMarkets have rallied to all-time highs but the rally is running out of steam. Investors are becoming cautious following a mixed close yesterday and positive developments from the Federal Reserve’s rate decision and U.S.-China trade talks. While Federal Reserve Chair Jerome Powell’s hawkish comments tempered expectations for a December rate cut, perceived progress in the
Powell is not dovish, markets pull back Read More »
FTSE 100, S&P 500, Stocks and SharesEquity markets continue to make new highs, with momentum driven by AI optimism, record highs in major indices, and anticipation of both Federal Reserve rate action and key tech earnings releases today. Today is a pivotal day for markets, with two major catalysts, Fed decision and Big tech earnings. The FOMC is widely expected to
S&P 500 hits new highs but market breadth deteriorates Read More »
FTSE 100, S&P 500, Stocks and SharesMarkets closed lower yesterday, with the S&P 500 off 0.5%, driven by weak guidance from semiconductor firms like Texas Instruments and a post-earnings slump in Netflix. Tesla’s shares fell sharply in after-hours trading yesterday after the EV giant reported earnings that missed estimates, despite revenue growth, adding pressure on tech-heavy indices. The reaction underscores how
Tesla earnings disappoint at the end of an Elliott wave Read More »
S&P 500, Stocks and SharesThe S&P 500 is still near its all-time high, the FTSE is well below its all-time high, Bitcoin has turned down and gold is in a raging bull market. Gold and Bitcoin are driven by similar factors yet their prices are diverging. Bitcoin is sensitive to the S&P 500 movements, they tend to move together
Gold is not crashing, it is a pause in the uptrend Read More »
FTSE 100, Gold, S&P 500