Learn more about trading and what’s going on in the markets, with our professional market analysis, including charts and market commentary.
Oil's relentless rally towards $100
Oil’s relentless rally has been almost unstoppable ever since the Covid price war between Russia & Saudi Arabia sent prices tumbling. Taking a look at the weekly chart really hammers that point home!
Apeing back into AMC?
Is it time to ape back into AMC? That’s the question bouncing around social media after AMC’s stock price completed the round trip.
It’s been a tough start to the year for growth stocks. Peloton’s stock price has plunged. Paypal plummeted. But the big guns have held on. Apple dipped and then recovered quickly. Google’s Alphabet, Microsoft & Tesla all fell a little further, touching their respective 200 day moving averages before bouncing.
Wild market swings to continue
Eye-catching moves in response to earnings have dominated the market zeitgeist this past week, but this level of volatility is unnerving and generates further uncertainty. At times like this it’s easy to miss the forest for the trees and worth zooming out to look at the bigger picture.
Amazon rescues the Nasdaq!
The Nasdaq was having a terrible time yesterday. Weighed down by Facebook’s awful results and subsequent performance, the tech index posted it’s worst day in over a year.