S&P 500, Nasdaq edge up to new records with Middle East hopes in focus

S&P 500, Nasdaq edge up to new records with Middle East hopes in focus
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S&P 500, Nasdaq edge up to new records with Middle East hopes in focus
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Canada’s energy market has been pumping up momentum post-pandemic as the world’s oil and gas supply chain underwent a remarkable shift. The ban on Russian oil and the Israel–Hamas war encouraged Europe to look for new suppliers of oil and natural gas. It came as an export opportunity for North American natural gas. Since then,…
The weekly set-up is strong after last week’s strong close. The 4wk>10wk>30wk and QQQ closed back above its 4 wk average. And the GMI is at 5 (of 6) and still Green, see table below. The weekly 10.4 Stochastic is now=80.5, evidence of a strong up-trend. Screenshot Screenshot Related Source link
Citigroup increased their price objective on shares of Micron Technology from $110.00 to $130.00 and gave the company a “buy” rating in a report on Monday. Source link
South Korea’s Hyundai Motor warns US tariff pressure may intensify despite Supreme Court ruling Source link
Benchmark Sensex closed 367 points lower at 85,041 on Friday. However, despite the broader market’s weakness, seven BSE 200 stocks touched fresh 52-week highs, marking their strongest levels in the past year. These breakouts are typically seen as signs of sustained bullish momentum and may signal further upside in the near term. Source link
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 666.29 to 632.65 (5.04%) compared to last month’s update. The REIT index is now trading in a downward parallel channel, breaking the 20D SMA support again (now turned resistance). The new support is now the bottom line of the parallel channel, followed…