Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11.…
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Category: Business
The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families
The satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones ’ conspiracy platform. More than a year after first trying…
Hang Seng Index slumped in H1 as Nikkei 225, Kospi soared: here’s why
The Hang Seng Index retreated by over 10% in the first half of the year as some of the biggest Chinese technology companies lagged behind their global peers like the…
Shopify stock eyes breakout as bullish inverted H&S pattern takes shape
Shopify stock has rebounded in the past few weeks, moving from the year-to-date low of $94.47 to the current $121.63. This rebound may continue, helped by its modest revenue growth…
USD/ZAR: South African rand outlook as SARB governor hints at rate hikes
The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central…
PANW stock is surging amid cybersecurity demand, but key risks remain
Palo Alto Network stock has gone parabolic this year, helped by the belief that the ongoing AI boom will lead to more demand for cybersecurity tools. PANW jumped to a…
SCHD ETF: Why this ‘anti-AI’ fund is beating the S&P 500 and Nasdaq 100 indices
The Schwab US Dividend Equity ETF (SCHD) has performed well this year despite trading within a tight range over the past few weeks. Its total return has risen 19% year-to-date,…
Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising…
Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?
Figma’s stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly…