Google Makes a Discount for Traders
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
S&P500 and NASDAQ: new highs after a small correction?
Information is not investment advice
On Tuesday, S&P500 (US500) has tested a very important psychological milestone of 4200. Despite the correction, analysts still expect the bullish trend to remain stable. The index is driven by the overall risk-on sentiment and positive earnings reports by the biggest American companies. If buyers cross the 4200 level, the index will surge towards the next potential resistance of 4225. On the downside, the index is limited by the 4170 level (50-period MA). If it’s broken, the next support will be located at 4150.
As for NASDAQ (US100), it has retested the all-time high of 14,060 today. Since the start of the US trading session, the index has been correcting towards the support of 13,890 (trend line border). If bulls take over the market once again, the resistance of 14,060 will be crossed and the next obstacle will be placed at 14,100.
It’s very important to follow the earnings reports these days to catch the additional movements of the major American indices. Check the schedule below:
Tuesday: Stabrucks, 3M
Wednesday: Google, Facebook, PayPal, Qualcomm, Ford
Thursday: Microsoft, Amazon, Twitter
Check the calendar for more details.
Don’t forget that you can trade stocks and indices in FBS Trader! Here’s your brief guide:
- First of all, be sure you’ve downloaded FBS Trader app. FBS allows you to trade stocks only through this software.
- Open an account in FBS Trader.
Similar
What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
What to expect from Microsoft event?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Popular
Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
Choose your payment system
