Tesla stock analysis today shows a final Structure Read score of -5 / +10, pointing to a meaningful bearish bias but not full bearish control. TSLA remains repaired on the monthly chart, but the weekly and daily structure now show upper-zone rejection, weaker value behavior, and relative underperformance versus NQ and SPX. Key takeaways for Tesla stock investors and…
Silver (XAG/USD) price collapses by 7.90% on Friday as US Treasury yields skyrocket amid investor fears of a second round of inflation, fueling speculation that major central banks could raise interest rates in the near term. The XAG/USD pair trades at $76.88 after reaching a high of $83.87. XAG/USD Price Forecast: Technical outlook In the last two trading days,…
Industrial production prior month -0.5% revised to -0.3% Capacity utilization prior month 75.7 Manufacturing production last month -0.1% revised to +0.1% For April: Industrial production 0.7% versus 0.3% expected. Year on Year industrial production is up 1.4% Capacity utilization 76.1% versus 75.8% estimate. The index a year ago was at 76.1% as well. Manufacturing output 0.6% versus 0.2% estimate….
Australia CFTC AUD NC Net Positions rose from previous $78.7K to $85K
The major US stock indices are opening lower: Dow industrial average after closing above 50,000 for the first time since February 11th is back below the level at 49,650. The index is down -415 or -0.83%. S&P index is down 89 points or -1.20% at 7411. NASDAQ index is down -451 points or -1.69% at 26186. Russell 2000 is…
Eurozone CFTC EUR NC Net Positions climbed from previous €32.2K to €40.2K
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
United Kingdom CFTC GBP NC Net Positions up to £-43.1K from previous £-63.9K
A look at the forces pressuring gold, from hotter inflation to higher yields, and the levels that could decide the next move.
Shares of Microsoft are trading up nearly $10 or 2.43% at $419.37, bucking the bias in the market which has a second exit down -1.26% in the S&P index down -0.8%. Although higher on the day, the price of Microsoft has been a big underperformer for the year. The stock is still down -13.21% after closing the year at…
