Nasdaq 100 Brief: Did the AI Rally Just Top Out?
The Nasdaq 100 is still in a bullish trend, but stretched momentum, weak breadth, and surging Treasury yields raise the risk of a deeper pullback.
The Nasdaq 100 is still in a bullish trend, but stretched momentum, weak breadth, and surging Treasury yields raise the risk of a deeper pullback.
European indices closed sharply lower with the declines of -1% – -2% on the day. Looking at the closing levels: German DAX, -2.07% France CAC, -1.6% UK’s FTSE 100 -1.71% Spain’s Ibex -1.05% Italy FTSE MIB -1.87% For the trading week major indices, the declines today contributed to dipping into negative territory for the week German Dax -1.59% France…
United States CFTC S&P 500 NC Net Positions declined to $-143.8K from previous $-103.9K
2026.05.15 2026.05.15 Short-Term Analysis for Oil, Gold, and EURUSD for 15.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro has broken below the key…
If you trade XAG/USD, silver CFDs, silver futures, or silver ETFs, here’s a deeper dive into what moved silver this week and what to watch going into next week. Monday had no business being bullish. Trump called Iran’s counter-proposal to end the war “totally unacceptable” and said the ceasefire was on “massive life support.” Tehran was demanding sovereignty over…
The weekly Baker Hughes rig count data for the week shows total rigs increased 3 to 551. Compared to a year ago, that number is down 25. Lower rig count does not necessarily mean lower oil extraction. The price of crude oil this week is up 6.10% or $5.77 for the July contract. This article was written by Greg…
OCBC’s strategist Christopher Wong says Asian FX remains constrained by a firm Dollar and higher US yields, despite some optimism around US–China talks. The Renminbi (RMB) is the main outperformer on lower USD/CNY fixes and policy-tolerated appreciation, but broader Asia FX stays soft. The bank characterizes the backdrop as measured, selective optimism rather than a broad regional rally. Selective…
2026.05.15 2026.05.15 USD/CAD: Elliott Wave Analysis and Forecast for 15.05.26–22.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3950 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3950. Stop Loss: above 1.3990, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the…
Israel is reporting that they carried out a targeted strike in Gaza against the de facto Hamas head. A senior official also said that Tel Aviv is preparing for an imminent resumption of the war with the Islamic Republic Earlier today, Israeli said that they would accept a cease-fire in exchange for a genuine commitment from Hezbollah. Meanwhile, Lebanon’s…
The US Dollar Index (DXY) climbs above the 99.30 region, reaching fresh multi-week highs on Friday as stronger-than-expected United States (US) economic data reinforced expectations that the Federal Reserve (Fed) may keep interest rates elevated for longer. April Retail Sales rose 0.5%, highlighting resilient consumer spending despite elevated borrowing costs, while hotter Consumer Price Index (CPI) and Producer Price…