Prices of traditional stocks markets have plunged during the recent month, May 2019, with prominent indexes such as the S&P 500 marking 6% losses in the last 30 days. NASDAQ has also seen a decline in May, losing about 3%.
The Dow Jones Industrial Average dropped by around 363 points earlier on Monday after President Trump tweeted about increasing existing 10% tariffs to 25% on $200 billion of imports from China by the end of the week. All major U.S.
On Tuesday, two of the major U.S. indices, S&P 500 and the NASDAQ closed yesterday’s trading at record highs. Meanwhile, the Bitcoin price has been surging for the last few weeks. The bullishness in U.S. equities and Bitcoin has prompted
Nvidia’s Recent 28% Surge: Result Of Mellanox Acquisition and Clearance of Crypto Hardware Inventory?
Nvidia’s 2019 Investor Day eased some of the concerns about long-term growth prospects and justified the optimism, but the deal to acquire Mellanox for $6.9 billion earlier in March started the 10-day bullish run. Analysts attending the event found renewed enthusiasm
Following the past bloody week, we had opened up a new week, which turned out to be a direct continuation of the ending hours of the trading day last Friday. In the news: an Ethiopian Airlines’ Boeing 737 Max crashed,
S&P Tests The Significant MA-200 Ahead Of The Unemployment Data: : Wall Street Friday Pre-Market Analysis
Throughout the trading day, the indices futures were slightly negative and even became a little positive at some point. However, they began trading by 0.3% average declines, and the sellers were dominant since the opening. Within an hour the screen
The bottom line of Wednesday’s trading day is price declines of 0.52% -0.93%. The market began to fall more and more until noon this afternoon and was already down by 0.6-0.9%. In the second part of the day, there was an
The day began with positive news regarding an evolving Trade War deal. Shanghai has already reacted to the above report with heavy green, while Europe exchanges have not. Today could have been the 2800 break-out day of the S&P. At
Friday began with optimism in global stock exchanges. This had led to a positive opening of the Wall Street trading day with 0.7 – 0.8% decent gains. As the day went on, the green had faded away, and until noon
Two days ago, on Monday, the Wall Street indices started the week high and lost momentum throughout the day, closing near their daily lowest. The weakness had continued to yesterday’s trading (Tuesday). The S&P got rejected upon testing the tough