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Michael Kramer
S&P 500 In Overbought Territory   By Michael Kramer - Aug 15, 2022

Stocks rallied last Friday, with the S&P 500 finishing higher by 1.7% to close around 4,280. At this point, the index has risen into overbought territory with an RSI now 71 and at the upper end of...

David Bassanese
Bear Market Folly By David Bassanese - Aug 15, 2022 1

Week in reviewBy far the global highlight last week was the softer than expected US July consumer price index report, with both headline and core inflation lower than market expectations. In turn this...

David Llewellyn-Smith
No FOMO! Shorts pile into Australian dollar By David Llewellyn-Smith - Aug 15, 2022 3

DXY was up Friday night:   AUD is on a rampage:Oil eased:Metals too:The AUD miners (LON:GLEN) are not rebounding much:EM stocks (NYSE:EEM) popped:Junk (NYSE:HYG) is food for bulls:But the...

Jesse Cohen
1 Stock To Buy, 1 Stock To Dump This Week: Tesla, Target By Jesse Cohen - Aug 14, 2022 1

U.S. retail sales, housing data, more earnings in focus Tesla stock is a buy ahead of its 3-for-1 split next week Target shares set to struggle amid weak Q2 profit, sales Stocks on Wall Street rallied...

Fawad Razaqzada
Chart Of The Day: GBP/USD Down But Not Out By Fawad Razaqzada - Aug 12, 2022

GBP/USD falls despite stronger-than-expected UK growth data Overall trend still somewhat positive for cable  Most of the bad news already in price The GBP/USD extended its declines for the...

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