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Oil up 8.2%, what next?
A disappointing week and an amazing rebound! Last week oil market was surprisingly down as virus fears took all over the market. On the other hand, weaker than expected economic data had some signs of slowing the recovery pace. At the beginning of...
Another record high in Wall Street. SP500 at an all-time high
Weakness in Economy, Pandemic fears decreaseAhead of Jackson Hole Symposium and after a descending week, today at the beginning of the week, and with surprisingly weak economic data, we saw new records in the markets. Today we had Manufacturing and...
Wall Street gained on Friday; what happened?
Chinese fall lifted the US? On Friday, the S&P 500 closed 0.81%, the Dow Jones Industrial Average gained 0.65%, and the NASDAQ closed up by 1.19%. Also, we should not forget that "About 56% of the S&P stocks are above their 50-day m...
Facebook time to buy or late to join?
Is Facebook Stock Worthy?The growth that started after crises caused by Cronovirus, Facebook gained 176.18% to $377.40 from its 2020 low of $137.60. Today we are talking about FB because earlier, the Federal Trade Commission restarted its trial...
Gold falls for the third day in a row!
After all, can it rise again?In the past three days, while yellow metal had very volatile days, it's falling for the third day in a row, mainly because of much stronger USD. Besides the increasing market risk, which sent the US dollar index to i...
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