Mega-Cap Stocks Are No Longer Moving as One Block, and Stock Investors Should Notice
The mega-cap technology trade is becoming more selective.
GOOG/GOOGL is showing clear relative strength, while ME ...
The GBPUSD races higher but is stalling near a swing area ceiling. What next?
The GBPUSD moved lower in the early European session, testing a key swing area between 1.3446 and 1.3465. That move a ...
US stocks shake off the early malaise despite 3 of 4 hyperscalers falling on earnings
The S&P 500 has extended today’s gain to 38 points, or 0.5%. It has been 13 points lower at the lows as the ...
AI infrastructure spending is the largest non-war project in human history
I often write that the industrial revolution was the biggest thing to happen in human history but we might be re-writ ...
Euro rises as report says the ECB very likely to hike in June
The euro is rising after ECB sources cited by Reuters said:June hike “very likely” and policymakers were ...
Market surge led by healthcare and communication services, technology faces turbulence
Sector OverviewToday’s stock market heatmap reveals a dynamic and contrasting performance across various sector ...
AUDUSD continues it’s range trading. Traders using the 100/200 hour MA as a bias barometer
The AUDUSD—like the EURUSD, GBPUSD, and USDCAD—is trading right at a key technical crossroads, with the 100- and 200- ...
Trump considers plan to deepen the blockade on Iran with allies – report
The White House is preparing markets for a prolonged squeeze on Iran. Under the plan being weighed, the US would main ...
USDCAD returns back to MA levels and awaits the next shove
In yesterday’s post, I flagged the 1.3709–1.3715 area as a key upside target (see: USDCAD moves to new session highs. ...
Japan intervened in the FX market — report
So there was a question about whether the move in the yen was due to the strong verbal intervention today, a rate che ...
ECB’s Lagarde: Most measures of longer term inflation stand around 2%
Wage tracker indicates easing labor costsSurveys indicate a rise in other costsIndicators of underlying inflation hav ...
Canada February GDP +0.2% vs +0.2% expected
Prior was +0.1%Canada’s economy expanded 0.2% in February, matching expectations and extending the goods-side r ...