Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon
The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and as US bond yields jumped following last week’s strong jobs
Soaring Astera Labs stock faces a major valuation risk: what next?
Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its lowest point this year, with its valuation jumping from $16.6
Crypto market rally today: Here’s why Bitcoin and top altcoins are going up
A crypto market rally is underway today despite the ongoing retreat in global equities, with Japan’s Nikkei 225, German’s DAX, Hong Kong’s Hang Seng, China’s Shanghai Composite, and Australia’s ASX 200 falling by over 0.80%. Bitcoin (BTC) jumped to $63,000
Here’s why the Hang Seng Index is falling by 1.20% today (June 8)
The Hang Seng Index retreated by over 1.18% on Monday, continuing a sell-off that started on May 14, when it peaked at H$26,856. It retreated to a low of H$24,466, its lowest level since March 30th this year.Hong Kong stocks
USD/JPY forecast as Japanese yen hits critical BoJ intervention level
The Japanese yen crashed to an important level that triggered a massive Bank of Japan (BoJ) intervention in April. The USD/JPY exchange rate rose to the crucial resistance at 160, its highest point since April 30th this year, and 3.40%
USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee
The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate was trading at 95.2900, down modestly from the year-to-date high
Cheap Adobe stock has formed a risky pattern: will it crash after earnings?
Adobe (NASDAQ: ADBE) stock price remains on edge this week as investors wait for the upcoming quarterly results, which will provide more insights on its business amid the ongoing artificial intelligence disruption. ADBE dropped to $248, down slightly from last
Brent and WTI crude oil prices recoil as US-Iran talks stalls: what next?
Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55. Crude oil price in
Humanity, LUNC, Audiera, Toncoin prices jump: is this a dead-cat bounce?
Top cryptocurrencies rebounded on Sunday following a major crash over the past few days, as the US published strong non-farm payrolls (NFP) data. Humanity Protocol (H) token rose for three consecutive days, reaching a high of $0.7055, up by 30%
Ethereum price: inverted cup & handle points to a crash amid ETF outflows
Ethereum (ETH) price stabilized a bit on Sunday, rising to $1,600 from the Saturday low of $1,512. It remains 34% from its highest point in May, and 67% below its all-time high. It has also formed an inverted cup-and-handle pattern,
QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing
Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100 Index, retreated to $708, down by 5.4% from its highest
Top crypto price predictions: Zcash, Cardano, Pi Network
The crypto market remained on edge today, June 5, with Bitcoin and most altcoins being in the red. The valuation of all coins retreated by 1.68% in the last 24 hours to $2.1 trillion. This article provides a forecast for
Brent crude oil price forecast as the consolidation continues: will it rise or crash?
Brent crude oil price remains in a narrow range this week as investors watch the new developments in the ongoing US-Iran crisis. It was trading at $95.40 today, June 5, after Hezbollah rejected the new ceasefire agreement between Israel and
USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges
The South Korean won continued its strong downward trend, reaching its lowest level since 2009, despite the ongoing Kospi Index surge. The USD/KRW exchange rate surged to 1,550, up sharply from the year-to-date low of 1,420. South Korean won, and the
Lloyds share price nears pivotal level: is the 3.64% dividend yield worth it?
Lloyds Bank (LON: LLOY) share price has moved sideways this year as concerns about its growth and the British economy have remained. It was trading at 100.50p on Friday, inside the range it has remained at in the past few
London Stock Exchange share price rare pattern points to a surge to 13,440p
The London Stock Exchange (LSEG) share price has pulled back in the past few weeks, moving from the April high of 10,120p to the current 9,162p. This retreat will likely be brief as the company’s fundamentals are still strong and
Brent crude oil price slips after Israel-Lebanon ceasefire, but key risks remain
Brent crude oil price retreated to $96.7 today, June 4, as investors reacted to the new ceasefire between Israel and Lebanon. It remains about 16% below its highest point in May this year. Still, oil faces some major risks ahead
Here’s why the Pi Network Coin price has crashed to a record low
Pi Network price just crashed to a record low, continuing a downward trend that has been going on since its mainnet launch early last year. It plunged to a low of $0.1190, bringing its market capitalization to over $1.4 billion,