S&P 500: Rolling Over – Week Starting 27th May (Technical Analysis)
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Andrew McElroy is Chief Analyst at Matrixtrade, author of the ebook ‘Fractal Market Mastery’ and producer of the ‘Daily Edge.’
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Read MoreElliott Wave analysis: Will S&P 500 futures (ES) form five waves to provide market clarity? [Video]
The short-term Elliott Wave analysis for S&P 500 Futures (ES) suggests that the rally from the April 7, 2025 low is progressing as a five-wave impulse pattern, a hallmark of Elliott Wave theory indicating a strong directional trend. Starting from the low, wave 1 advanced to a peak of 5285.5, followed by a corrective wave 2 pullback to 4871.75.
Read MoreMeet the Monster Quantum Computing Stock That Continues to Crush the Market
Several companies in the “Magnificent Seven” are investing heavily in quantum computing, but another player in the background boasts a better stock price return over the last year than all of them.
When thinking about quantum computing, names such as Nvidia, Alphabet, Microsoft,
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Read MoreNDLEA, UK’s Home Office Sign MoU To Combat Transnational Organized Crime
The National Drug Law Enforcement Agency (NDLEA) and the Home Office International Operations (HOIO) of the United Kingdom have formalized a collaboration aimed at strengthening the fight against transnational organized crime.
Naija News reports that the collaboration focuses particularly on the trafficking of illicit drugs and other prohibited commodities between Nigeria and the UK.
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Read MoreWith the Fed on Pause, Why Is the Top CD Rate Now Higher?
Key Takeaways
- After lowering interest rates late last year, the Fed has so far declined to make any adjustments for 2025.
- Though markets expect the central bank to resume rate cuts in the coming months, economic uncertainty triggered by President Trump’s tariff moves is keeping the Fed in a wait-and-see mode.
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Read MoreThe Burst
Billionaires Are Loading Up on This Stock
When you look at search engine market share worldwide, no other comes close to Google (GOOGL)(GOOG). Over the past year, Google held a 92.% global market share, followed by Microsoft Bing with just 3.42%.
In spite of its dominance, Alphabet Inc., Google and YouTube’s parent company,
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Read MoreThe Ivy
Alert: 41% Annualized from Safe Penny Stock
Investment Alert: Buy Covered Call (PL) at $2.50 Per share and Sell Strike 2.50 January 2024 Call for $0.35
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
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