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Lates News
03/05/2025
Citigroup: Initiate coverage on Nintendo with a buy rating, target price of 14,000 yen.
Latest
6 m ago
Renowned technical analyst Demark: S&P 500 index rally will end US stocks fear of entering bear market
6 m ago
Senior technical analyst Tom Demark says that the U.S. stock market may fall again in the coming months and eventually enter a bear market. Demark accurately predicted the market highs in February and lows in April this year, and he is well-known in the industry for providing advice to billionaire investors such as Paul Tudor Jones, Leon Cooperman, and Steve Cohen. Currently, a series of technical indicators, changes in sentiment, and cycle models are all warning that the S&P 500 index may fall below the intraday low of 4835 points set in early April. This would mean that the index has fallen more than 20% from its high in February, entering a technical bear market. "The top is nearing and the technicals have been seriously damaged," Demark said in a phone interview. "The current market is extremely fragile, and any rapid changes in global trade prospects could cause the stock market to suffer a major blow."
19 m ago
This week, Brent crude oil plummeted 8.3% and WTI crude oil fell 7.5%.
23 m ago
Market confidence: The United Nations delegation to Libya has finalized a set of solutions aimed at resolving election issues.
24 m ago
U.S. Commodity Futures Trading Commission: Stock fund managers increased their net long positions in the Standard & Poor's 500 Index on the Chicago Mercantile Exchange by 18,407 contracts to 826,250 contracts in the week ending April 29th.
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