S&P 500 and the correction: Is it a good time to buy stocks?
The S&P 500 index has risen 50% from the March low, reaching new all-time highs six months later. While the long-term bullish trend remains intact, for the short-term, the chart…
FAANG stocks: Is the rally over?
The first significant warning came on Thursday when the S&P 500 dropped 3.5 percent, and the Nasdaq fell 5 percent. It was the second decline in eleven days. Friday was…
Tesla: Rally, split, rally…. Is it time for a correction?
On Monday, Tesla shares started to trade after a five for one stock split. The price rose 10%, hitting a new all-time high. From a technical and fundamental perspective, the…
EUR/USD: What’s next after ending an eighth-week positive streak
The euro snapped an eight-week winning streak versus the dollar, as the greenback staged a decent comeback during the second half of the week. The dollar’s recovery was ignited by…
Wall Street and Apple: The rally has not been equal for everybody
Would you buy a share of a company that has doubled its value in six months and is now worth the entire annual GDP of Italy? Or would you buy…
Bitcoin: Is the rally getting exhausted or preparing the next leg higher?
Bitcoin is holding firm above $10,000, and it even reached levels over $12,000; that is quite a comeback after having fallen to as low as $3890 back in March, at…
Emerging markets currencies: Why aren’t they benefiting from the USD slide?
The US dollar resumed the decline on Tuesday, but as it has been the case during 2020, it dropped sharply against its G10 rivals – hitting multi-year lows versus the…
Three things to watch in markets this week
Last week, equity prices in the US finished mostly higher following a rally staged last Monday and the subsequent consolidation. Markets ended quietly, mainly moving sideways. Several events over the…
March 2009 and March 2020: The same type of bottom?
The recent crash in equity markets bottomed out in March. It was also in another March, back in 2009, that stocks hit their lowest levels on the back of the…
US budget deficit: The size doesn’t matter
The US federal budget deficit for the first ten months of the fiscal year 2020 reached $2.8 trillion, $1.9 trillion more than the shortfall recorded during the same period last…
