Crude oil price continued rising on Friday, with Brent rising to over $106 and the West Texas Intermediate (WTI) hitting the important resistance level at $98. This article explores why most options by President Donald Trump on Iran point to more gains. Donald Trump’s options on the Iran war President Donald Trump has several options
The FTSE 100 Index pulled back this week as the US-Iran war continued and after the UK published a hot consumer inflation report. It dropped to £10,365 from this month’s high of £10,687. The index will be in the spotlight in the coming week as the Bank of England delivers its interest rate decision, which
Lucid Group stock price crashed to a record low this week, continuing a downtrend that has been going on for years. It plunged to a low of $6.27, bringing its market capitalization to $2 billion. So, will the downward trend continue ahead of its earnings report on May 5? Lucid Group stock is crashing despite
Palantir stock price is stuck in a bear market after falling by over 32% from its highest point last year. PLTR was trading at $140 on Friday as investors wait for the upcoming earnings report, which will provide more color on its growth momentum and help to justify its valuation. The Wyckoff Theory suggests that
Intel stock price has soared recently and is now hovering at its all-time high, helped by several important announcements. This surge will be put to the test on April 23 when the company publishes its financial results. It was trading at $68.50, a few points below the record high of $70. Why Intel stock has
The S&P 500 Index and its ETFs, like SPY, JEPI, and VOO, surged to record highs last week, continuing a bull run that started on March 30th this year. It has soared by nearly 13% from its lowest level in March, adding trillions of dollars in value. This article explores some of the top catalysts
Crude oil price jumped by over 3% on Monday as geopolitical tensions between the US and Iran continued. Brent, the top global benchmark, rose to $95, much higher than last week’s low of $85. The West Texas Intermediate (WTI) jumped to $87 from $79 on Friday. US boards Iranian ship ahead of talks Crude oil
The Nikkei 225 Index held steady at a crucial resistance level on Monday as investors waited for the upcoming talks between the US and Iran. It was trading at 59,045 yen, slightly below the year-to-date high of 59,519, with technicals sending mixed signals about its future. This article explores some of the top catalysts for
XRP price pulled back slightly on Monday as sentiment in the crypto industry worsened and the Fear and Greed Index exited the greed zone. Ripple token was trading at $1.4096 on Monday, down slightly from last week’s high of $1.5083. Still, the coin has formed a double bottom pattern, pointing to a rebound as ETF
The Dow Jones Index futures slipped on Monday as concerns about the rising US-Iran tensions rose. They dropped by over 300 points to $49,185, down from last week’s close of $49,445. This article provides a forecast on what to expect as corporate earnings rise. Dow Jones Index futures drop as geopolitical risks rise The blue-chip