The stock market is overvalued, but that's no reason to turn bearish, analyst says – Markets Insider
Piper Sandler advises against selling stocks despite the S&P 500's estimated 8% overvaluation. The company believes there are no immediate triggers for an economic recession, such as sharp rises in interest rates or inflation. Investors should focus on stocks with strong earnings momentum to outperform, the company said. Thank you for registering! Access your favorite […]
Bitcoin falls below $60k again! Another bearish week ahead? – AMBCrypto News
BTC has surged 9.92% over the past seven days, but is back down at the time of writing. Despite the surge, BTC remains in a bear market, especially due to declining trading volumes. Bitcoin last week [BTC] It briefly recovered to the $60,000 level. Bitcoin hit a local low a week ago and attempts to […]
EUR/GBP Price Analysis: Bearish outlook persists, pair continues sideways trading – FXStreet
With the RSI below 50 and the MACD also below, the bearish outlook remains. The selling pressure is decreasing, which is indicated by the decrease in the red MACD bars. On Tuesday’s session, the EUR/GBP pair saw a moderate rise to 0.8440, indicating that the technical outlook remains mixed. Although bears seem to be taking […]
Oil Prices Tumble as Traders Turn Bearish – OilPrice.com
Rising global crude supplies and weaker-than-expected demand have made traders increasingly bearish on oil prices. Hedge funds and other asset managers accelerated selling of the most-traded oil futures contracts in the latest reporting week that ended Sept. 3. Portfolio managers cut their overall net long positions — the difference between bullish and bearish bets — […]
Market Sends Highly Bearish Signals; Are You Paying Attention? – Investor's Business Daily
Dow Jones futures will begin trading Sunday evening, along with S&P 500 futures and Nasdaq futures. apple (AAPL) will unveil the iPhone 16 and take center stage at a major AI event, Oracle (Orks) and Adobe (Adobe). All three of these tech giants are nearing buy points. ↑ X Now Playing Selling pressure intensifies as […]
Price pressure on gold, silver amid bearish outside markets – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
Ethereum: How whales failed to reverse ETH's bearish trend – AMBCrypto News
Most short-term traders have experienced losses and will try to liquidate their positions if the price spikes. The $2.8k level is likely to re-emerge as support, but it remains to be seen whether the bulls can hold on beyond that. Ethereum [ETH] Exchange inflows recently reversed, turning significantly negative in June, but this did not […]
Gold Price Forecast: Bearish Sentiment Grows Amid Failed Breakout – FX Empire
A drop below 2,307 would be a bearish weekly and daily signal. The drop of 2,307 this week was Price Level It makes some sense. It is the low of the week, so a break below it would indicate a continuation of the bear market on the weekly timeframe. Patterns on higher timeframes tend to […]
Gold Price Forecast: Faces Bearish Retracement, Key Support Levels in Focus – FX Empire
Bear market continues below 2,287 Gold’s price support zone is from last week’s low near 2,287 to the previous swing low of 2,277 in early May. Given the recent bearish price action, including a drop below the 50-day moving average, a bearish rejection at resistance near the 50-day line yesterday, and the bearish trend continuation […]
One of the most shorted stocks on the market just leapt 99%, putting a 'rib-crunching' squeeze on bearish bettors – Fortune
Novavax’s record one-day rally has forced some short sellers who had bet on the stock to exit their positions at a loss. The company’s stock price soared 99% on Friday. signed The $1.2 billion licensing agreement with Sanofi includes the commercialization of a combined COVID-19 and influenza vaccine. The move would boost the stock, which […]