Tesla Stock Price Forecast After the Strong Comeback
The Tesla stock price surged by 13% on the first trading day of the year after the company announced strong delivery numbers. The shares ended the day at $1,199, which…
Market Analysis: USDCAD Turns Bearish and AUDUSD Rallies on Dollar Softness As Oil and US Indices Gains Remain Intact
US dollar firms amid a thin trading environment.USDCAD edges lower as oil prices rise.US indices poised for solid yearly gains.Cryptocurrencies on the defensive despite yearly gains. The US dollar is…
ARKK Stock Analysis: Cathie Wood Flagship Fund Forecast
The Ark Innovation Fund (ARKK) had a difficult year in 2021 as most of its constituent companies dropped by double-digits. The fund declined by about 40% from its year-to-date high…
SPY QQQ DIA 2022 Forecast: Where Is the US Market Headed in a Year?
2021 was another great year for American equities. The S&P 500 index rose by about 27%, while the Dow Jones rose by about 20%. The tech-heavy Nasdaq 100 index climbed…
Top 5 Crypto Mining Stocks for 2022
Cryptocurrencies have rapidly become a big deal when it comes to investment hence a rise in interest to find and invest in the next cryptocurrency big thing. Crypto mining refers…
Market Analysis: EURUSD Under Pressure Below 1.1300 as Oil Tanks Below $70 on Demand Outlook Concerns
US dollar strengthens near 16-month highs.EURUSD sell-off persists.USDJPY retreats on safe haven demand.Oil prices tank on the dimming demand outlook.Cryptocurrencies sell-off persists. The US dollar was upbeat Monday morning, holding…
Market Analysis: GBPUSD Turns Bullish After BOE Hike as Gold Powers Through $1800 and Turkish Lira Implodes
US dollar weakness persists.GBPUSD powers through 1.3300.USDJPY remains range-bound at around 113.50.Gold powers through $1800 on dollar weakness.Bitcoin and Ethereum sell-off persists. The US dollar is under immense pressure heading…
Why Rivian Automotive Is a Strong Buy After Pull Back
Rivian Automotive Inc. (NASDAQ: RIVN), dubbed the Tesla Inc. (NASDAQ: TSLA) - Killer, is a force to reckon with in the burgeoning electric vehicle space. The company has got loads…
DXY: US Dollar Index Prediction Ahead of Fed Decision
The US dollar index (DXY) is tilting higher ahead of the upcoming interest rate decision by the Federal Reserve. The index is trading at $96.43, which is a few points…
Market Analysis: EURUSD & GBPUSD Under Pressure Ahead of FED Decision as Bitcoin Struggles Below $50,000
US dollar is on the front foot ahead of the FED decision.EURUSD tanks below 1.1300.GBPUSD is under pressure amid waning BOE expectations.Gold is trading in a tight range.Cryptocurrency sell-off persists.…
Market Analysis: USDJPY Range-Bound Ahead of CPI as USDCAD Rallies and Bitcoin Sell-off Persists
US dollar firms ahead of CPI data.USDJPY is struggling for direction.USDCAD bounce-back gathers steam.Oil prices tank on profit-taking.Bitcoin and Ethereum under pressure after sell-off. The US dollar firmed at 16-month…
Top IPOs to Watch in 2022
2021 was a strong year for Initial Public Offering (IPO) and Special Purpose Acquisition Companies (SPAC). In total, more than 1,700 companies went public in 2021, raising more than $300…
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