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The stock finished lower yet again on Wednesday after consumer prices came in higher than expected, and although experts think inflation may have peaked, the Federal Reserve may still need to raise rates more aggressively as it will take quite some time to return to normal levels. more...
The asset management division suffered due to net losses in equity investments and lower lending and debt investments revenues: Goldman Sachs’ stock (NYSE: GS) has lost roughly 19% YTD as compared to the 16% drop in the S&P500 index over the same period. Weekly price was on bearish breakdown by crossing Ichimoku cloud to below for the primary bearish reversal. The price was stopped by 304 and 302 support levels which is located near and ...
Bitcoin prices have suffered some turbulence lately, dropping under $30,000 and reaching their lowest since July. "Bitcoin has fallen alongside global markets as traders and investors risk off in the face of recession and inflation concerns," stated Scott Melker, a crypto investor and analyst who is the host of The Wolf Of All Streets Podcast. more...
Electronic Arts (NASDAQ: EA) is scheduled to report its fiscal FYQ4 2022 results on Tuesday, May 10. The weekly price is on bearish breakdown with 114 support level to be crossed on close W1 bar for the strong bearish trend to be continuing. more...
During this period, the company also witnessed a favorable rise in its P/S multiple, and a substantial drop in the outstanding share count, which further boosted the company’s revenue per share. The daily price is ranging near and below Ichimoku cloud for waiting for direction with primary daily bullish reversal by the Ichimoku cloud to be crossed from below or to the primary bearish trend to be resumed by 130 support level to be beaking ...