Stock Market Rebounds As Hopes For Rate Cuts Persist, The SPY Respects Channel Pattern: A Technical Analysis
The SPDR S&P 500 (NYSE: SPY) was rising about 0.3% Wednesday amid persistent optimism that the Federal Reserve will cut intere
Crude Oil Climbs To 5-Month High In Q1, Analysts Expect High Prices To Persist In Q2
First quarter of 2024 saw a surge in oil prices due to tightening supply/demand and geopolitical concerns. Benchmarks rose to five-month highs.
Cathie Wood’s Ark Invest Unfazed By Tesla’s Big Q1 Sales Miss, Hoards $39M Of EV Giant’s Stock Tuesday — Nvidia Offloading Continues
Tesla, Inc. (NASDAQ:TSLA) tumbled nearly 5% on Tuesday, with about $27 billion in market capitalization annihilated in a single session.
Two Bitcoin-Related ETFs Shine In March’s Top 10 Inflow Rankings: ‘This Tailwind Should Persist,’ Analysts Say
The opening quarter of the year ended with U.S. equity indices marking the fifth consecutive month of gains, gold prices soaring to all-time highs and Bitcoin‘s (CRYPTO: BTC) market cap surging by over $500 billion in the past three months.
Oil At 6-Month High As Alleged Israel Airstrike On Damascus Fuels Concerns Over Wider Middle-East Conflict
Israel kills top IRGC commander in attack on Iranian consulate in Damascus, escalating conflict with Hamas. Oil prices hit 6-month high.
Baltimore Port Shutdown Triggers Coal Price Hike: Energy Information Administration Warns Of Export Disruptions
Coal prices rise after Baltimore port closure due to bridge collapse; Consol Energy affected. Port is key coal export hub, metal imports also disrupted.
Bullish Sentiment, Technical Analysis Point Toward Higher Prices For Copper As Green Energy Transition Accelerates
As the global shift toward greener energy alternatives gains momentum, Patricia Mohr, an economist, commodities expert and former vice president at Scotiabank, predicts a resurgence in demand for essential metals.
Technical Analysis: Spear Alpha ETF Consolidation Signals Next Break Ahead As Nvidia Trades Near All-Time Highs
Spear Alpha ETF (NASDAQ: SPRX) was trading flat on Wednesday, continuing to trade sideways within a tight range between about $22.60 and $24.50 on decreasing volume.
Bond Traders Think Interest Rate Cuts Are Ahead, But One Caveat Keeps Yields Above 4%
The bond market is showing new signs of unpredictability as expectations over Fed rate cuts shift with every new piece of economic data.