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Ford outperforms on the back of analyst upgrade
Ford is outperforming during Wednesday’s trading, leading the list of gainers within the S&P 500. An upgrade in the company’s stock by an investment banking analyst acted as the catalyst behind today’s movement.
Shares of Ford Motor…
Amazon stock creates all-time high; indicators endorse bullish bias
Amazon (NASDAQ: AMZN) stock price recorded another all-time high of 1613.91 yesterday but ended the day in the red. Prices broke above the 1525 barrier over the previous sessions and are currently trying to post some gains. The bullish…
Netflix stock price reached another all-time high
Netflix stock price reached another all-time high of 325.44 yesterday as the stock extended a long bull run and posted the third green day in a row. Prices broke above the 161.8% Fibonacci extension level at 317.45 of the last bearish…
Global stock indices finish February on wobbly legs
Global stock indices ended February lower, as concerns regarding rising inflation and interest rates took a hold of markets, helping to bring “overvalued” equities back to more reasonable levels. While the outlook for stocks has remained…
Amazon reaches $ 1500 and set a new record on Wall Street
Retail giant Amazon reached a fresh all-time high during Wednesday’s trading, exceeding $1,500. By the end of the session it lost some ground amid a broader market retreat, though it still finished the day higher, with its market…
Amazon, Apple & Alphabet quarterly results keep investors on edge
Corporate giants Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL) and Google owner Alphabet (NASDAQ: GOOGL) will be releasing earnings reports for the quarter ending December 2017 after Wall Street’s closing bell this Thursday. The consensus…
Dow Jones exceeds 26,000 to record fresh all-time high
The Dow Jones US 30 index rose to a fresh record high of 26,084.50 during today’s trading after significant advancing in the days that preceded.
The positively aligned and steep upward sloping Tenkan- and Kijun-sen lines are indicative of…
JPMorgan and Wells Fargo reporting quarterly results
JPMorgan Chase and rival Wells Fargo will be reporting Q4 2017 results before Wall Street’s opening bell on Friday. At the moment, the consensus recommendation for both banks is “hold”, with the average recommendation for the Banks peer…
Euro loses ground but remains above $1.20; FOMC minutes awaited
Here are the latest developments in global markets:
FOREX: The dollar posted some gains to climb further above a 3½-month low versus a basket of currencies hit on Tuesday. The euro eased versus the greenback despite the release of positive…
Wall Street benchmarks yet again hurt by Apple
As trading progressed, the pan-European Stoxx 600 gave up on part of the gains made during morning European trading, though it remained in the green and not far below the two-month high it recorded earlier in the day. It was last up by a…