Article By:
StockNews
Sunday, June 13, 2021 1:56 PM EDT
China is shooting for rapid and sustainable growth through government support and restrictions on unusual and non-competitive business practices. Wall Street analysts expect the stocks of popular companies JD.com, Tencent Music and HUYA to advance.
In this article: JD, HUYA, TME Also: DADA
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Article By:
Michele Schneider
Sunday, June 13, 2021 1:44 PM EDT
Taiwan and other leading countries which produce semi-chips for computers/Electric Vehicles have been struggling to keep up with demand. If the EV space is looking to extend higher, it will need semiconductor supply companies to step up its game.
In this article: SMH Also: NIO, USA, QQQ, TSLA, DBA, DIA, GLD, IWM, IYT, JNK, KRE, SLV, SPY, TLT, VBK, VXX, XLU, XOP, XRT, MJ, CCIV
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Article By:
DailyFX
Sunday, June 13, 2021 1:34 PM EDT
All eyes are on the Fed on Wednesday. Chair Jerome Powell will almost surely be questioned about the latest CPI report and what the path for policy tapering could look like.
In this article: FXE, FXA, FXB, FXC, FXY, GLD, USO, UUP, SPX, BITCOMP, FXM, ETH-X, QQQ
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Article By:
Michael J. Kramer
Sunday, June 13, 2021 1:22 PM EDT
The big question is what’s next for the S&P 500. Monday morning will likely decide what happens next. It would not be surprising to a reversion to the beginning of the wedge at 4070 over the next couple of weeks.
In this article: C, ICE, ACAD, AAPL, EWJ, SPY, TLT, XLF, DJT
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Article By:
Elliottwave Forecast
Sunday, June 13, 2021 1:06 PM EDT
The Silver Miner ETF (SIL) has been consolidating for 10 months. In the next few months, the ETF may start the next major breakout to the upside The key area remains to be around $52.
In this article: SIL
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Article By:
Andre Gratian
Sunday, June 13, 2021 12:56 PM EDT
SPX is on its way to an intermediate top which could arrive shortly. We should look for it after the short-term cycle has made its low and after the index has reached the vicinity of 4310.
In this article: BNO, PAAS, GDX, IWM, UUP, SPX
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Article By:
Daily Forex
Sunday, June 13, 2021 12:37 PM EDT
Overall, next week’s price movement in the U.S. dollar looks slightly more likely to be upwards than downwards. This suggests that trades long of the USD against other currencies are most likely to be appropriate over this coming week.
In this article: FXE, FXB, FXY, USO, UUP, SPX, FXC
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Article By:
The Fly
Sunday, June 13, 2021 12:05 PM EDT
After a wild week of trading in the prior five-day period, which saw shares of high-profile “meme stock” AMC Entertainment double for the second week in a row, volatility and volume were less pronounced as retail investors shifted to other names.
In this article: AMC Also: FNV, PNM, WEN, EPIX, BBBY, BYND, KURA, WKHS, CLOV, IWD, IWF
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While the market did hit all-time highs this week, it was a feeble rally. Unfortunately, money flows continued to decline until there was “distribution."
The U.S. dollar ended the week higher against all of the major currencies with Friday’s rally a delayed reaction to Thursday’s inflation report.
Post-pandemic, the future of remote work can be linked to general labor concerns, the social contract with our system of capitalism, and the role of work in American lives. Even Apple is feeling the heat.
During the past three months, the S&P 500 index jumped 10% as first quarter GDP growth increased 6.4%. These 8 high-quality stocks in our portfolio generated awesome 18% or better gains during the same period.
The inflation risk is being ignored by the US market now that there will probably not be a tax increase and may be higher prices for longer.
The supposedly first "psychedelic" drug stocks ETF was launched in the U.S. on May 27th. but it is not a true psychedelic drug stocks ETF nor is it the world's first psychedelic ETF.
