The previous year 2022, was undoubtedly tumultuous for the stock markets, with several stocks plummeting across multiple industries. Analysts have blamed the hard times on inflation, hawkish federal reserve policies, an impending global recession, and the ongoing crisis in Ukraine. This year, however, we're beginning to see some recovery in the stock markets. This article will find a few stocks worth buying this year.
EUR/USD: "Doji Star" pushing the market lower
2019-11-11 • Updated
We’ve got a “Tower” and a “Shooting Star”, but a confirmation of both patterns is a quite weak. Also, there’s a “Three Methods” pattern, which is still on the table. Therefore, bears are likely going to test the nearest support level, which could be a departure point for another bullish rally.
There’re an “Engulfing” and a “Doji Star”. So, if the closest “Window” be broken, the market is likely going to test the 55 Moving Average in the short term.
The Netflix stock (NFLX), with a market cap of $145.17B and a whooping 10 000+% rise since its inception 16 years ago, experienced some turbulence for a short period last year while trading around the $250 share price. However, the NFLX stock quickly recovered and rose to over $300 towards the end of the previous quarter of 2022.
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
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Since the fateful events of March 10th, 2023, I mean the SVB and Signature Bank crash, there has been a lot of attention on the US economy and the Dollar from the international community.