XM does not provide services to residents of the United States of America.

Stock Market News

post-image

Technical Analysis – Facebook stock cautiously bullish despite reversal off new all-time high

Posted on January 28, 2020 at 1:53 pm GMT

Facebook stock has pivoted from the fresh all-time high of 222.55, dropping past the 218.44 level, which is the previous historic high from 25 July 2018. The falling Tenkan-sen line and the technical indicators back the correction from the peak, reflecting strengthening negative momentum. The MACD in the positive zone has slipped below its red trigger line, while the RSI has extended its decline out of the overbought region towards its neutral mark. The Stochastics reflect a bearish bias with [..]

post-image

Technical Analysis – McDonald’s tries to recover fresh gap; bullish in short-term

Posted on January 28, 2020 at 11:12 am GMT

McDonald’s stock price is trying to pare the negative gap that posted yesterday in the daily timeframe, however, the technical indicators are continuing the negative movement. The MACD is dropping below its trigger line in the positive zone, while the stochastic indicator is strengthening its downside structure below the overbought zone. Moreover, the RSI is sloping down with strong momentum above the 50 level. Should weakness extend even lower, support to a negative move could be initially detected within the [..]

post-image

Technical Analysis – Boeing stock rebounds near one-year low but bullish signals still missing

Posted on January 27, 2020 at 3:41 pm GMT

While other US stocks keep enjoying record highs, Boeing remains on the sidelines since the sharp sell-off from the 445.08 peak on March 2019. The bears have recently tried to touch the 2018 trough of 292.13 without success, with the price rebounding just a shy of the 300.00 level instead. In the coming sessions the stock could follow a sideways move if the RSI keeps moving towards its 50 neutral mark and the MACD continues to improve towards its red signal line. [..]

post-image

Tesla earnings: Can the insane rally continue? – Stock Market News

Posted on January 27, 2020 at 2:17 pm GMT

The iconic electric car maker will release its fourth-quarter earnings results on Wednesday, after Wall Street’s closing bell. Tesla’s stock price skyrocketed in recent months, with the rally being exponential in nature, as investors took heart from signs that profitability was improving drastically. While the firm’s future seems very bright, its stock might have run too far too fast, suggesting that the risk of a corrective pullback seems elevated.  Pulling ahead After spending several years as one of Wall Street’s [..]

post-image

Technical Analysis – Visa stock adopts bearish behavior but trend reversal not on the cards yet

Posted on January 27, 2020 at 1:57 pm GMT

Visa’ stock topped its rally at an all-time high of 210.03 last Thursday before retreating slightly. Even though the market seems to have printed a bearish shooting star candle in the aforementioned day, there are no serious concerns of a trend reversal yet as long as the price trades above its previous high of 186.63. However, in the short-term, downside corrections or at least some consolidation is possible given the stabilizing MACD and the weakness in the RSI, which is [..]

post-image

Things to watch in Apple’s earnings call – Stock Market News

Posted on January 27, 2020 at 11:22 am GMT

After Wall Street closes on Tuesday, Apple Inc. is scheduled to deliver financial earnings for the first quarter of its new fiscal year started in October. The news is expected to be great as revenues and earnings per share will likely be the highest ever, with the consensus recommendation being a buy. What drove Apple to record highs? Are you wondering why Apple’s stock is continuously hitting record highs over the past three months? Well, there are both internal and external reasons. [..]

post-image

Technical Analysis – Apple stock extremely positive; indicators weaken

Posted on January 24, 2020 at 9:51 am GMT

Apple stock price is completing the fifth consecutive green month, trading near the record high of 319.85.  Practically everything paints a bullish picture as the price is holding well above the simple moving averages (SMAs) and the long-term ascending trend lines. The only warning signal comes from the MACD, which seems to have topped deep within the positive territory and has slipped beneath its red trigger line. The stochastic is also extremely high but is returning lower as it posted [..]

post-image

Technical Analysis – US 30 Index consolidates; remains cautiously positive

Posted on January 22, 2020 at 2:33 pm GMT

The Wall Street 30 stock index’s (cash) positive directional momentum appears to have weakened as it has eased slightly from the new all-time-high of 29,401. The index looks to be a bit flat – something also backed by the Ichimoku lines. Moreover, the short-term oscillators reflect a stall in the positive move, with the MACD declining below its red trigger line in the positive zone, and the RSI falling in bullish territory below its latest trendline. That said, the upward [..]

post-image

Technical Analysis – UK 100 stock index retreats below MAs; losses halted by Ichimoku cloud

Posted on January 21, 2020 at 2:53 pm GMT

UK 100 Stock Index (cash) retraced from the five-month high of 7,689 below the simple moving averages (SMAs) on the four-hour chart but further losses were restricted by the Ichimoku cloud’s lower boundary at 7,557. The short-term oscillators reflect mixed signals in momentum. The MACD sponsors negative momentum as it is below its red trigger line and has just slipped below the zero mark, whereas, the RSI is rising after reversing ahead of the 30 oversold level, promoting a pickup [..]

post-image

Netflix earnings: Let the streaming wars begin – Stock Market News

Posted on January 20, 2020 at 3:29 pm GMT

The world’s leading streaming giant will announce its latest earnings on Tuesday, after Wall Street’s closing bell. Netflix’s stock massively underperformed its FAANG peers and the broader market last year amid concerns about slowing subscriber growth and competition by new players like Disney and Amazon. Both earnings and revenue are expected to have risen at a solid pace this quarter, though the overall market reaction might depend mostly on the guidance by Netflix executives on the earnings call. Underperforming 2019 [..]

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.