NASDAQ Index, SP 500 and Dow Jones Forecasts – US Indices Continue to Look Bullish Overall
NASDAQ 100 Technical Analysis
The NASDAQ 100 rallied a bit during the trading session in early trading, as we are now breaking to fresh new highs. So, with that being said, a short-term pullback is more likely than not going to be a buying opportunity, perhaps all the way down to the 22,000 level.
Read MoreAAPL, GOOGL and MSFT Forecast – US Tech Giants Mixed in Premarket Trading
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Read MoreWall Street buys over $1B in Bitcoin amid dollar's ‘do or die’ moment
Key takeaways:
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Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar.
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Trump’s early Fed replacement plans intensified dollar selloffs, pushing DXY to its lowest since April 2022.
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Analysts warn July could trigger a major dollar breakdown,
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Read MoreWall Street opens near record highs as Micron earnings fuel AI optimism
The S&P 500 and Nasdaq indices opened near all-time highs on Thursday, buoyed by stronger-than-expected earnings from Micron Technology, which reinforced investor confidence in the booming artificial intelligence sector. Investors also weighed several fresh economic reports.
At the opening bell, the Dow Jones Industrial Average (.DJI) rose 101.6 points,
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Read MoreCharlie Munger Hated Crypto. What Can You Learn From Him Before You Invest?
Charlie Munger, the late vice-chair of Berkshire Hathaway Inc. (BRK.A, BRK.B), never minced words about his views on cryptocurrencies, calling the space “disgusting and contrary to the interests of civilization” in 2021, adding that it was mostly “useful to kidnappers and extortionists.” Later that year,
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Read MoreThe Burst
1 AI Stock To Buy on the Dip
If you are a long-term investor, now is prime time to buy top growth stocks — and C3.ai is a leading candidate.
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Read MoreThe Ivy
$5,000 Invested In This 10.87% Dividend Yield Stock Could Be Huge
Not all dividends are cut from the same cloth. If you’re going to buy a high dividend-yielding stock, top of the list of questions to ask is how sustainable is the dividend? Is it safe? Or will it be slashed?
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