NAS100 Downbeat Ahead of the Fed and Big Tech Earnings

NAS100 Downbeat Ahead of the Fed and Big Tech Earnings

NAS100 Analysis This is a data-heavy week, with markets anticipating monetary policy decisions by three major central banks, with the US Fed kicking things off on Wednesday. Markets expect another moderation in the pace of tightening, as CME’s FedWatch Tool...
Tesla Reported Record Revenues, Dismissed Demand Concerns

Tesla Reported Record Revenues, Dismissed Demand Concerns

Strong Financials Tesla Motors Inc announced strong results for the fourth quarter of 2022 on Wednesday January 25, after US markets closed, easily beating estimates. Its Revenue grew 37% year-over-year, to a record $24.318 billion, despite a $1.4 billion negative FX...
NAS100 short-term analysis – 20 January 2023

NAS100 short-term analysis – 20 January 2023

The NAS100 daily candlesticks are trading in their bullish channel between the upper blue and red bands. Yesterday’s candle has a lower shadow, connoting buying off the lows. The hourly chart also showing signs of strength. The trend-following EMAs have crossed...
FXCM’s CHN.TECH basket moves into a mark-up phase

FXCM’s CHN.TECH basket moves into a mark-up phase

FXCM’s big China tech basket (CHN.TECH) comprises: Alibaba Tencent Meituan Xiaomi Corp It has benefitted from signals that China’s regulatory clampdown of tech is being relaxed and from the loosening of China’s strict Covid-19 regulations. CHN.TECH...