Investing

Investing
Investing

Dow Jones Index forms risky pattern ahead of earnings season

The Dow Jones Index has pulled back in the past few days as the recent bull run faded. It pulled back to a low of $46,350, and a risky pattern it has formed points to more downside in the coming weeks as the earnings season starts.  Dow Jones Index technical analysis points to a crash 

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Investing

Are covered call ETFs like JEPI, JEPQ, ULTY, and XYLD worth it?

Covered call ETFs like JEPI, JEPQ, ULTY, and XYLD have done well in the past few years, attracting billions of dollars in assets as investors embraced their high dividends.  JEPI, the biggest covered call ETF, has attracted over $41 billion in assets, thanks to its 8.3% dividend yield, which is much higher than the S&P

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Investing

Here’s why the SPY ETF is losing billions as IVV and VOO gain

The SPDR S&P 500 Trust (SPY) ETF has continued to shed assets this year, making it the worst-performing in Wall Street. It has lost over $32 billion in assets, while the Vanguard S&P 500 (VOO) has added over $86 billion. BlackRock’s IVV ETF has added over $28 billion in assets.  SPY ETF has been overtaken

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Investing

Shopify stock price forecast: is it a buy amid valuation concerns?

The Shopify stock price has been in a strong uptrend this year as technology companies soared. SHOP jumped from a low of $69.34 in April to a high of $169.50. This surge has brought its market capitalization to over $213 billion, making it one of the biggest companies in Canada. So, is the highly overvalued

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Investing

DXY Index: Why the US dollar has plunged and why it may rebound

The relentless US Dollar Index (DXY) sell-off experienced earlier this year has faded, and many hedge funds are betting in its comeback in the fourth quarter. The DXY Index was trading at $98.7 on Thursday morning, up from the year-to-date low of $96.24.  Why the US Dollar Index has plunged this year  The US Dollar

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Nikkei 225 Index forecast as foreigners buy, Japanese yen crashes

The Nikkei 225 Index continued its strong rally this week as foreign investors continued buying and the Japanese yen plunged to its lowest level in weeks. It jumped to a high of ¥48,465, up by over 57% from the lowest level this year.  Foreign investors are buying Japan stocks The Nikkei Index and other Japanese

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Investing

Porsche share price at risk as China sales plummet

Porsche share price has been in a strong bearish downtrend this year and is hovering near its all-time low as demand worsens. It has moved to €42.7, a few points above the record low of €38.42. This sell-off could continue as its Chinese sales slump.  Porsche share price at risk as Chinese sales slump Porsche,

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Investing

FTSE 100 Index hits ATH as Rolls-Royce, Lloyds, Fresnillo shares soar

The FTSE 100 Index is in a relentless bull run and is now hovering at its all-time high. It soared to a high of £9,575 on Wednesday, Oct. 8, up by over 26% from its lowest level in April. This article explores the top FTSE 100 shares that are driving the ongoing bull run.  Fresnillo

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Investing

USD/JPY forecast: here’s why the Japanese yen is crashing

The Japanese yen continued its strong plunge this week as investors braced for a return of Abenomics. The USD/JPY exchange rate rose to 153, its highest point since February 13, and up by about 10% from its lowest level this year.  Why the Japanese yen is crashing The USD/JPY pair surged this week as investors

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Investing

USD/ZAR forecast: here’s why the South African rand is surging

The South African rand, often seen as a bellwether for the emerging market currencies, has soared to the highest point since September last year. The USD/ZAR exchange rate has soared to a low of 17.14, down by over 14% from its highest point this year. Why the South African rand has soared. The South African

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