Thursday, April 18, 2024

Monex Crypto Market Weekly: December 13

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This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) drifted this week as cryptocurrencies seek...
Risk Appetite Sweeps Market as Powell Freezes Interest Rates

Risk Appetite Sweeps Market as Powell Freezes Interest Rates

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Optimism is spreading in the stock market as the Federal Reserve freezes interest rates. Companies that benefit from stronger global growth rose yesterday after the central bank kept interest rates unchanged. Those include semiconductors, emerging...
The Federal Reserve's Last Meeting of the Year Is Today

The Federal Reserve’s Last Meeting of the Year Is Today

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After a busy year, the Federal Reserve is set to begin a long vacation today. The central bank is expected to leave interest rates unchanged, following a trio of cuts since the summer. Going forward,...
Stock Market Rally Continues as the Economy Keeps Improving

Stock Market Rally Continues as the Economy Keeps Improving

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Stocks began December on a strong foot as the economy improved and worries about global trade eased The S&P 500 rose 0.2 percent between Friday, November 29, and Friday, December 6. It was the eighth...

Monex Crypto Market Weekly: December 6

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This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Due to the difference in time zone,...
Stocks Crashed Yesterday. How Serious Is It?

Stocks Fell Yesterday. How Serious Is It?

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Stocks just had their sharpest drop in a couple of months. What should we make of it? The first thing that jumps out on the chart is that the S&P 500 remained in breakout territory...
Another New High for Stocks as the 'Growth' Trade Makes a Comeback

Another New High for Stocks as ‘Growth’ Trade Makes a Comeback

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Investors are returning to their old favorites, growth stocks, as the market continues its breakout to new highs. The S&P 500 rose 1 percent in the Thanksgiving-shortened period between Friday, November 22, and Friday, November...
Call Buyers Target a Pair of Obscure Technology Stocks After Quarterly Results

Call Buyers Target a Pair of Obscure Technology Stocks After Quarterly Results

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Options traders seem to think two obscure technology stocks are poised for rallies. They first targeted Pinduoduo (PDD), amassing about 15,000 December 39 calls in the Chinese e-commerce firm. Most of the blocks crossed the...
Stocks Hold Post-Breakout Support Level as China Anxieties Fade

Stocks Hold Post-Breakout Support Level as China Anxieties Fade

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Stocks held their ground last week as investors shrugged off concerns about a trade war with China. The S&P 500 slipped 0.3 percent between Friday, November 15, and Friday, November 22. It the first negative...
Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

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Energy has gone nowhere for months, but now some positive forces may be lining up. Reuters reported yesterday that OPEC will probably extend its oil-production cuts from March 2020 until June. The change could be...
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