bullish

Markets bullish as China eases Covid rules, but experts warn of danger ahead

Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …

Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »

Markets bullish as China eases Covid rules, but experts warn of danger ahead

Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …

Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »

Sentiment shows gold price has the momentum to move solidly above $1,800

Sentiment shows gold price has the momentum to move solidly above $1,800

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here! (Kitco News) – A strong start to December as prices end the week above $1,800 and near their highest level in more than three months …

Sentiment shows gold price has the momentum to move solidly above $1,800 Read More »

Data Shows Traders Mildly Bullish Even as Total Crypto Market Cap Falls Below $800 Billion

Data Shows Traders Mildly Bullish Even as Total Crypto Market Cap Falls Below $800 Billion

The total cryptocurrency market capitalization fell 5% between November 14 and November 21, reaching $795 billion. However, the general sentiment is much worse, given that this valuation is the lowest seen since December 2020. Total crypto market capitalization in USD, 4 hours. Source: Trading View The price of Bitcoin (BTC) is down just 2.8% over …

Data Shows Traders Mildly Bullish Even as Total Crypto Market Cap Falls Below $800 Billion Read More »

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

It’s understandable why the United States felt the need to act quickly to keep powerful semiconductors out of the hands of the Chinese government. It’s best to move from a position of strength before it’s too late. However, as chip stock shareholders, it still hurts. As you may recall, Club holding Nvidia (NVDA) was particularly …

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run Read More »

Global investors bullish on China again as Beijing shifts to damage control |  CNN Business

Global investors bullish on China again as Beijing shifts to damage control | CNN Business

hong kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in office and piled his best team with loyalists in a sweep not seen since Mao era. But last week, a series of unexpected moves from Beijing — the easing …

Global investors bullish on China again as Beijing shifts to damage control | CNN Business Read More »

Even JPMorgan bullish strategist Kolanovic says the markets are getting ahead of themselves.  Here's what he and a Goldman strategist say do now.

Even JPMorgan bullish strategist Kolanovic says the markets are getting ahead of themselves. Here’s what he and a Goldman strategist say do now.

A not-so-awful day is looming as the clock ticks down to Wednesday’s retail sales report. But while some investors cling to hope that last week’s stock run could continue, fueled by this weaker inflation report, Wall Street remains wary and fresh warnings from two big banks that make up our call of the day. Late …

Even JPMorgan bullish strategist Kolanovic says the markets are getting ahead of themselves. Here’s what he and a Goldman strategist say do now. Read More »