FlowBank

334 days ago

Nasdaq100 remains in strong uptrend $QQQ #trading #CFD #Switzerland

Fundamentals for technology names continue to strengthen amid continued weak expectations and depressed levels of investor positioning. While Tesla took a hit as it told investors it will forgo profitability for greater market shares, IBM reported strong earnings. In semis, TSMC said it believes it is passing through the bottom of the cycle in the second quarter and its business in the second half of this year should be stronger. Keep an eye out for next week's most important earnings for US Big Tech.

#Stocks #Technical Analysis #Technology

337 days ago

S&P 500 - Stuck in a 1-Year Long #Trading Range $SPY $QQQ
The S&P 500 Index has at most times traded in a range of roughly 3'800 to 4'200 for almost a year now. Could it re-test the lows or will it rise above 4'200 anytime soon?
#Stocks #Technical Analysis

481 days ago

#EURUSD watch the range! #EUR #USD #trading #forex #FX

The EURUSD has risen significantly since mid-September led by the dollar losing around 6%. Looking at technicals, the EURUSD could reach 1.0465 in the short term, and a daily close above it should be encouraging for more upside potential. 

#Forex #Technical Analysis

482 days ago

#Nasdaq100 signals upside! $QQQ #FOMC #technicals #stocks #trading

The Nasdaq 100 or ETF that tracks it, the QQQ, is showing encouraging price action looking at the indice from a technical analysis perspective. Traders will monitor the FOMC statement this afternoon, which could add volatility, but it will really all be about next week's PCE which could determine whether markets take a leg higher or break down lower. 

#Technical Analysis #Technology

631 days ago

To watch this week? #Stocks #Biden #Oil #Tech #China #markets $SPY $QQQ #news

Expectations around inflation and recession should continue to drive markets. While quarterly portfolio rebalancing could be helping stocks this week, more meaningful positive catalysts from lockdowns in China, Russia-Ukraine, and if Biden is able to convince the Saudis to increase oil output could bring further gains for stocks. On the flipside, unexpected shocks such Russia blocking gas exports to Europe (would hurt Russia just as much), or renewed spike in oil or inflation expectations could bring renewed pressure to stocks. In couple weeks, FANGs earnings will be key to offer further clues to tech investors about the earnings picture and outlook given the more challenging environment. In the meantime, the source of the selloff (inflation/central banks, commodities, lockdowns, war, supply-chain bottlenecks) should remain center stage. On a technical picture, around 4'000 is the next major resistance on the S&P500. 

#Stocks #Technical Analysis #Technology
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