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.

• Dollar to dominate while fed remain hawkish

  • Skilling Writers Team
  • 2022-04-08
  • • Forex
    • Trading

  As long as the Fed keeps up the hawkish rhetoric, the dollar will continue to dominate. That’s the view of 53 currency strategists polled by Reuters, and the dollar HAS been tearing things up lately with the dollar index (DXY) knocking on the door of 100...

• Oil: what's the big picture?

  • Skilling Writers Team
  • 2022-04-06
  • • Crude Oil
    • Trading

  The biggest story in oil markets last week was the announcement of the huge US oil release. The move is designed to bring prices down in the short term and “to serve as a bridge until the end of the year when domestic production ramps up” per the White House.

• Stock of the week: Tesla

  • Skilling Writers Team
  • 2022-04-04
  • • Stocks
    • Trading

  Tesla’s rapid development continues. The electric-vehicle maker delivered 310,048 cars in the first quarter of 2022, a new sales record for the company. That compares to 184,800 delivered in Q1 2021.

• Euro analysis and forecast

  • Skilling Writers Team
  • 2022-04-04
  • • Forex
    • Trading

  The impact of Russia’s invasion of the Ukraine on the Eurozone is severe but the euro has rallied to the upside on optimism about a Russia-Ukraine ceasefire. Is the rally a sell or could we see more upside?

• Nasdaq recovery runs out of steam

  • Skilling Writers Team
  • 2022-04-01
  • • Indices
    • Trading
    • Stocks

  The Nasdaq’s relentless rally looks to have finally run out of steam at a key technical area. Short squeezes were the narrative a couple of weeks ago but that story’s looking stale. Month and quarter-end flows are now done too.