Tag: Rally

Bitcoin Reverses CPI-Induced Rally, Drops Below $22K

Bitcoin prices have recently climbed to almost $25,000 from $22,800 in hopes that inflation has peaked and the Federal Reserve will slow the pace of interest-rate increases in the U.S., as well as...

Where Could the Bear Market Rally Struggle, Walmart Earnings

SPX, WMT Analysis and Talking PointsWalmart beats expectationsS&P 500 Grinds Higher in Low Vol EnvironmentA firm set of results from Walmart relative to expectations with the retailer beating consensus on both EPS and...

Inflation data may seal fate of unloved U.S. stock rally : stocks

https://www.reuters.com/markets/europe/wall-st-week-ahead-inflation-data-may-seal-fate-unloved-us-stock-rally-2022-08-05/NEW YORK, Aug 5 (Reuters) - A rally in U.S. stocks that has powered on despite skepticism from Wall St faces a reality check in the coming week, as key inflation data threatens...

Hot Inflation, Market Rally & Blowout Jobs Report Sinking Pivot Odds?

https://www.youtube.com/watch?v=BEBJNzh-r88Have the near-term odds of a Fed pivot dropped?Yes, concludes financial advisor Lance Roberts.The Fed is hiking interest rates to destroy demand.Most experts think the Fed will continue until it either tames inflation...

Gold Price Rally Bumping Into Resistance, Taiwan Tensions Escalate

Gold Price (XAU/USD), Chart, and AnalysisPrior support levels now turn into resistance levels.US House Speaker Nancy Pelosi to visit Taiwan.Retail traders trim their overall long positionsFor all market-moving data releases and events, see...

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