Learn more about trading and what’s going on in the markets, with our professional market analysis, including charts and market commentary.
Micron Technology: weakness ahead, but is it already in the price?
Micron’s earnings report last week seemed to confirm the market's fears. The bullwhip effect is reverberating right along the supply chain, and excess inventory isn’t just sitting in big box retail warehouses.
S&P500 at Support: bounce or freefall?
A solid breakdown below that prior low at 3810 saw further downside in the S&P500, before rallying from the low at 3635. That rally was capped by the 20 day moving average and the market is now retesting the 3810 zone from above.
Facebook (Meta): time for a turnaround in the company’s fortunes?
Facebook has been the ugly duckling of the tech stocks this year. It’s been a pretty ugly year for many of them so that’s no mean feat!
Rate hikes & FX: bigger, faster, longer... recession?
Ever since US inflation came in hot and the Fed surprisingly beefed up their rate hike to 75bps, there’s been a LOT of action and talk from central banks. With so much going on, it’s easy to lose track. Here’s a recap of what's going on under the hood of the major FX pairs and a look ahead at what might lie in store.
Tesla "losing billions of dollars"
Elon Musk recently appeared on a podcast interview with Tesla Owners of Silicon Valley. Musk’s comments reveal the challenges Tesla currently faces as the company tries to expand production…