July 17 (Reuters) – U.S. equity funds recorded outflows in the week through July 15, as āa selloff in chip stocks and rising U.S.-Iran ātensions, outweighed strong corporate earnings and cooler inflation readings. They sold āU.S. equity funds of a net $4.8 billion logging their first weekly net disposal in three weeks, LSEG Lipper data…
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The selloff in semiconductor stocks worsened in early July as shares in Samsung Electronics tumbled, despite a very optimistic earnings report. Shares of the electronics giant were off 6.25% Wednesday, July 8 on the South Korean stock market (the…
In 1983, a Hungarian immigrant carried a handheld computer he built himself onto the floor of the American Stock Exchange, and the traders around him wanted it banned. His name is Thomas Peterffy. He could not out-shout anyone in the pit, so he wrote code in his head during the day, programmed it at night,…
Summary The SPDR Gold Shares (GLD) ETF has broken another key support, with no end in sight. Perhaps when the constant drone from metals “bottom-callers” stops, we finally will reach a bottom. Price has broken trendline support off the lows since early 2024. In addition, GLD has lost its
The Macro Picture šŗļø After the April spike to $0.2777 unwound, APE settled into a defined range and carved out a higher low at $0.1134 in June. Price has recovered to $0.1484 and is now coiling just beneath the $0.1579 decision line ā energy compressing ahead of the next move. The Setup āļø The Range…
š NIFTY50 1W | Chart Analysis ā¢ Structure: Bullish (Higher Low formation)ā¢ SMC: Price has reclaimed the previous swing high and is now testing a major weekly supply/turning point.ā¢ Resistance: 24,350ā24,450ā¢ Immediate Support: 24,000ā¢ Strong Support: 23,600ā23,700 ā¢ Bullish Scenario: ā A weekly close above 24,450 can confirm strength and open the path towards fresh…
The Macro Picture šŗļø SAND unwound the whole move from the $0.086 spring high down to the $0.045 macro floor, and price is now basing just above it. The steep selling has given way to a flat, sideways grind ā the shape of a bottom being built, not a trend still breaking. The Setup āļø…
The Macro Picture šŗļø GRT unwound the entire move from the $0.030 May high down to the $0.01689 macro floor, and price has stopped falling right on it. Sellers are running out of room, and the tape is flattening into a base rather than continuing to break down. The Setup āļø The Accumulation Zone š¢$0.01689ā0.0172…
Bullish S&P 500 ā Multi-Timeframe Overview Weekly TimeframeThe weekly chart confirms a strong bullish trend, with price continuing to print higher highs and higher lows inside a rising channel. Price is approaching the upper Fibonacci target area, while momentum remains supportive of further upside. As long as the price holds above weekly channel support and…
NEW YORK (AP) ā The sell-off for winners of the artificial-intelligence boom deepened Friday and yanked stock markets lower worldwide. Oil prices, meanwhile, continued to jump because of the war with Iran. The S&P 500 fell 1% to finish its first losing week in the last three and only its third since the end of…
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