Penelopea
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Morgan Stanley's Mike Wilson predicts that the $S&P 500 Index(.SPX.US$ will close at 3,900 points by the end of this year, which suggests that stocks will shed 10% of their value.
The S&P 500 has made steady gains this month, after suffering a volatile September in which it plummeted by 5%. So far this year, the index has returned almost 15%.
Consumer confidence is weakening, according to survey data from the University o...
The S&P 500 has made steady gains this month, after suffering a volatile September in which it plummeted by 5%. So far this year, the index has returned almost 15%.
Consumer confidence is weakening, according to survey data from the University o...
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Penelopea
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Basic Principles
Relying solely on visual patterns can be risky for traders. Before we consider trading bullish candlestick patterns, it's important to keep in mind two significant principles:
1. A valid bullish reversal pattern should arise during a downtrend; otherwise, it might indicate a continuation pattern instead.
2. Most bullish reversal patterns require confirmation through a subsequent bullish price rise supported by high trading vo...
Relying solely on visual patterns can be risky for traders. Before we consider trading bullish candlestick patterns, it's important to keep in mind two significant principles:
1. A valid bullish reversal pattern should arise during a downtrend; otherwise, it might indicate a continuation pattern instead.
2. Most bullish reversal patterns require confirmation through a subsequent bullish price rise supported by high trading vo...
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Penelopea
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Welcome back, mooers!
Our previous TA Challenge discussion focused on chart types and their purposes. Today, we will delve into candlestick charts—a useful tool for pattern recognition.
First, let's review the structure of a single candlestick. Each candlestick conveys four critical pieces of price data about the stock: The bottom and top of the body indicate the period's start and end price. The color indicates gain ...
Our previous TA Challenge discussion focused on chart types and their purposes. Today, we will delve into candlestick charts—a useful tool for pattern recognition.
First, let's review the structure of a single candlestick. Each candlestick conveys four critical pieces of price data about the stock: The bottom and top of the body indicate the period's start and end price. The color indicates gain ...
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Penelopea
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ChatGPT has sparked a global AI stock craze since the start of the year. OpenAI's chatbot ChatGPT has become the fastest-growing consumer app in history, with an estimated 100 million monthly active users^ in January this year, just two months after its launch.
The ChatGPT mania has also pushed a number of AI concept stocks higher so far this year, with Nvidia up nearly 54%^ year-to-date, Buzzfeed up over 145%^, and the...
The ChatGPT mania has also pushed a number of AI concept stocks higher so far this year, with Nvidia up nearly 54%^ year-to-date, Buzzfeed up over 145%^, and the...
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$Camber Energy(CEI.US$ let's we go twitter shoot the doris
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Penelopea
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@102235596 @101564629 @102773025 @101792547 @102739162 @102968950 @102318077 @102963782 @“韭菜炒鸡蛋” @102527783 @70087910 @102490953 @0sw9 @102983645 @80562183CT Merry Chr...
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Nvidia encounters challenging markets with a weak Q3 forecast: Panic or Opportunity?
Claim your Earnings Season offer here by winning Rewards Points and discovering Investment Opportunities!
Key Takeaways:
Attitude: Nvidia had a challenging quarter with total revenue of $6.7 billion, up 3% YoY but down 19% sequentially, below the $8.1 billion preview. The main shortfall was primarily due to the weaker Gaming revenue but Nvidia believes the long-term fundamentals...
Claim your Earnings Season offer here by winning Rewards Points and discovering Investment Opportunities!
Key Takeaways:
Attitude: Nvidia had a challenging quarter with total revenue of $6.7 billion, up 3% YoY but down 19% sequentially, below the $8.1 billion preview. The main shortfall was primarily due to the weaker Gaming revenue but Nvidia believes the long-term fundamentals...
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