Tesla stock set to hit $550 after S&P stamp, analyst says
Tesla stock price reported a more than 8% increase after S&P announced to add the largest electric vehicle maker to the index. Bulls applauded the news as they have long been waiting for the S&P stamp on the electric vehicle maker.
Tech Shares Recover Slightly and Vaccine Failure? – US Trading Session
US equity bourses stage a slight recovery following a short period of heavy selling AstraZeneca vaccine trails have been abruptly paused amid a concerning reaction from a UK test patient WTI crude oil has managed to stay above $36 support
S&P500 (SPX) New All Time High or Further Drop for Accumulation to 3588
SPX found support at its previous all-time high price 3394 before bouncing and looking to test new highs. There are two options in play to trade the SPX structure and the greater reward to risk option would be testing the June 2020 high 3232. Scenario 1: IF price…
Standard and Poor’s 500 – Bullish Correction Or Bear Market ?
4 Hour Chart – S&P 500 29/04/2020 09:30am With the S&P 500 Index now up more than 30% from its low, the curious question of ‘is this still a bear market or a bull market correction?’ arises. From the offset it appears as though the S&P is undergoing a bull…
S&P Downgraded the EFSF
Recent price action in the forex market indicates that the downgrades have already been priced in. EUR/USD is showing bullish signals even though the European Financial Stability Facility, designed to fund rescue packages for Greece, Ireland and Portugal partially with bond sales, lost its top credit rating at Standard &…
Forex Weekly Technical Analysis – 15/01/12
EUR/USD Technical Analysis After S&P lowered its long-term ratings on nine eurozone sovereigns, the bears manage to take the reigns and pushed EUR/USD back to 1.2625 zone. The pair closed the week at 1.2682. Price is also currently slightly above an important support at 1.02660, which once broken will signal…