Microstrategy ($MSTR): Higher extension is favoured
Today, I am following up on the article I posted in May 2021, which was looking for Microstar to bottom imminently for the next leg higher. You can view this … Read More
Tag: Equities
Robinhood investors hope for redemption Friday, but stock tanks on open
HOOD shares down once again on second day of trading. Cathy Wood purchased 1.3 million shares on Thursday. Robinhood (NASDAQ: HOOD) shares fell another 3.8% on Friday’s open. For many who … Read More
S&P 500 Index opens in the negative territory below 4,400
Wall Street’s main indexes trade in the red on Friday. Defensive sectors trade in the positive territory after the opening bell. S&P 500 Consumer Discretionary Index is down nearly 3%. … Read More
BABA shares down sharply in premarket
BABA shares are paring their midweek gains in premarket. US SEC placed new scrutiny on Chinese listings. China pushing new security protocols for tech companies. After investors headed for the … Read More
US NFP, BoE meeting, HSBC Stock, BP Stock and Rolls Royce (RR Stock) results
US Payrolls report (Jul) – 06/08 – The June jobs report turned out to be a much better report than expected on the headline number. The 850k jobs added was … Read More
Shares rise again as Wall Street shrugs off recent China woes
NYSE:NIO added 1.86% as EV and China stocks bounced back again. Nio rides higher as industry leader Tesla gets some major upgrades. Nio rival XPeng releases a refreshed look for … Read More
Lucid Motors – Churchill Capital IV extends decline, losing key moving averages
NASDAQ:LCID fell by 3.03% to close another turbulent session at $23.35. Lucid loses some key moving averages as the post-SPAC merger woes continue. EV SPACs fall as former Nikola CEO … Read More
Palantir Technologies edges lower but announces Q2 earnings call
NYSE:PLTR fell by 1.68% on Thursday as the broader markets eked out minimal gains. Palantir announces its Q2 earnings call will be on August 12th, 2021 before the markets open. … Read More
NatWest (NWG Stock) swings back to profit, resumes dividend
NatWest Group has followed in the footsteps of Barclays and Lloyds earlier this week by reporting a decent set of H1 numbers, as the unlocking of the UK economy boosts … Read More
Asian Stock Market in a sea of red in sync with S&P 500 futures amid escalating covid woes
Despite a positive close on Wall Street overnight, the Asian traders fail to rejoice, as the sentiment has turned sour on the final trading day of the week amid escalating … Read More