Donnerstag, 23. Juli 2020

S&P 500 Forecast: Tesla Profitability Sees Stock Set for Index Inclusion

Four consecutive quarters of profitability has made Tesla eligible for inclusion in the S&P 500, even as the stock exhibits bubble-like symptoms. Elsewhere, a Microsoft beat could boost the Nasdaq.

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Mittwoch, 22. Juli 2020

USD Breakdown Slows: Can Buyers Swing a Pullback? EURUSD, GBPUSD

The US Dollar finally broke down under the strain of persistent selling since the Q3 open. But with another big support level coming into play, can sellers continue to drive the move?

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Euro Price Analysis: EUR/USD Breaks Above Key Level of Prior Resistance

Bulls remain optimistic following the approval of a €750 billion recovery fund.

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Nasdaq 100 Forecast: Microsoft & Tesla Earnings Ahead, Beware of Bubbles

Tesla’s stock price has soared 260% in the year-to-date, outpacing other automotive makers and technology companies alike. The upcoming quarterly report will provide much-needed insight.

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US Dollar Drops to Huge Level: Risk of Breakdown if Support Fails

Weaker US Dollar remains the path of least resistance. However, focus resides at pivotal level.

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EUR/USD Hits an 18-Month High Then Wobbles After the US Orders China to Close its Consulate

EUR/USD hit its highest level since January 2019 in early trade but faded some of the move after the US ordered China to close its consulate in Houston.

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Crude Oil Prices May Turn Lower as US-China Tensions Heat Up

Crude oil prices may fall with stocks as escalating US-China tensions spook the markets. Gold prices may also suffer as the risk-off mood boosts the US Dollar.

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