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Thai baht

What does the DeMarker suggest for the Thai Baht?

The US dollar/ Thai baht (USDTHB) has been rallying to the bullish side. Hawkish Fed policy has remained the key source of dollar strength, but one may still wonder if the trend will continue for the USDBHT or if it...
ASX 200

ASX 200 drills lower thanks to commodity stocks

Australia’s main share index, the ASX 200, closed lower on Wednesday by 0.5%. This fall could have been a lot worse If not for technology and financial stocks mitigating the rout in other major Australian sectors. Australian Securities Exchange’s Metals...
sugar futures nt

How does the surge in sugar futures affect Coca-Cola’s profit?

The price of sugar, a key global commodity, has surged 17% since the beginning of January 2021. Sugar is used in food, beverage, and in biofuel production, and its importance in global trade gives it a strong position in the...
birth control stocks

How does the abortion ban affect birth control stocks?

The debate over abortion reignited in the US following the Supreme Court’s decision to overturn the landmark 1973 Roe v. Wade ruling that generally protects women’s rights to abortion. In a 5-4 decision, the Supreme Court on June 24 overturned...
Tesla

Tesla deliveries fall. Is its stock price next?

Tesla stock showed signs of range contraction during the day, making an intraday range from $666.36 day low to a day high of $690.69, the narrowest in the last seven days. The stock volume was 79% of the average volume...
Revlon

Revlon, Kellogg’s, Tesla, ASOS: Why are these 4 stocks trending?

With US stocks officially entering the bear market recently and with concerns that the next recession is upon us, companies are walking another tightrope. Consumer goods companies including big multinational brands have employed various measures to protect their profit margins...
bear market

What it means for US stocks to be in a bear market

Wall Street has officially fallen into a bear market as investor sentiment is hammered by soaring inflation, rising interest rates and worries about a looming recession in the world’s largest economy. A bear market occurs when a stock index like...
MACD

What does the MACD say about the NAS100 and the SPX?

Of the 24 weekly candles that make up this year's chart on the S&P 500 (SPX), only 7 have finished bullish. The Dow jones Industrial Average (US30) and the Nasdaq Composite (NAS100), the US’s 2 other major indices, have followed...
Apple Pay Later

Apple enters BNPL sector, unveils Apple Pay Later

Apple Inc. (NASDAQ:AAPL) is planning to offer buy now, pay later (BNPL) services in the US despite concerns of a potential market squeeze as more providers have a crack at the sector amid growing consumer borrowing and spending....
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