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STOXX 600 Earnings Outlook - Tuesday, May 17
Article By: Lipper Alpha Insight
Tuesday, May 17, 2022 3:19 PM EDT
First-quarter earnings are expected to increase 41.5% from Q1 2021. Excluding the Energy sector, earnings are expected to increase 22.4%.
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Here's Why Roblox Stock May Be Headed To $50
Article By: Melanie Schaffer
Tuesday, May 17, 2022 2:24 PM EDT
On Tuesday, Roblox retraced to the eight-day exponential moving average (EMA) but was holding above the level, which is a good sign for the bulls.
In this article: RBLX
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The Overbought Buck
Article By: Bespoke Investment Group
Tuesday, May 17, 2022 2:12 PM EDT
At the moment, the dollar is testing the aforementioned steep uptrend off the late March low.
In this article: UUP
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British Pound Notches Best Day Since October 2020, GBP/USD Blasts Through Resistance
Article By: DailyFX
Tuesday, May 17, 2022 2:00 PM EDT
GBP/USD soars on Tuesday, notching its largest one-day increase since October 2020.
In this article: FXB, UUP
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Perspectives On The Current Crypto Slump
Article By: S&P Dow Jones Indices
Tuesday, May 17, 2022 1:39 PM EDT
Looking at the S&P Cryptocurrency Indices overall, we can see that performance has varied based on market cap YTD.
In this article: BITCOMP
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A Marching Gold Stocks Band
Article By: Stewart Thomson
Tuesday, May 17, 2022 1:16 PM EDT
It appears that junior mining stocks are poised to decouple from the U.S. stock market, anchor to gold, blast up from an immense H&S bottom pattern.
In this article: GDX, GLD, GSG, COW
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Hit-A-Wall Mart
Article By: Tim Knight
Tuesday, May 17, 2022 12:33 PM EDT
WMT has broken its lifetime trendline, and although the price will try to fight its way back to that gap, it will ultimately fail and fall much harder.
In this article: WMT
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Industrial Production Continues To Show Excellent Growth
Article By: New Deal Democrat
Tuesday, May 17, 2022 12:21 PM EDT
In April the story told by industrial production continued to be very positive, as total production rose by 1.1%, and manufacturing production rose by 0.8%.
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9% Rally In SVXY Over Next 3-9 Days
Video By: Chris Vermeulen
Tuesday, May 17, 2022 11:23 AM EDT
When the stock market continues to dive and if the VIX does go any higher, that’s a sign we are getting close to a short-term bottom in this market.
In this video: SVXY Also: VIX
Watch
While The Dollar Rests, Is It Time For Gold To Rise And Shine?
Article By: Przemyslaw Radomski, CFA
Tuesday, May 17, 2022 11:10 AM EDT
Gold reversed yesterday’s decline after almost touching its previous 2022 lows, and at the same time, it practically erased the entire war-tension-based rally – just like it was supposed to.
In this article: GDXJ Also: GLD, SLV, UUP
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Elliott Wave Analysis: German DAX Is Looking For A Further Rally
Article By: Gregor Horvat
Tuesday, May 17, 2022 10:56 AM EDT
German DAX Is looking for a further rally after a recent rebound perfectly from the projected golden 61,8% Fibonacci retracement.
In this article: DAX
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The Big Four: Industrial Production Up 1.1% In April
Article By: Jill Mislinski
Tuesday, May 17, 2022 10:48 AM EDT
This morning's report on Industrial Production for April shows a 1.08% increase month-over-month, which was better than the Investing.com consensus of 0.5%.
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Natural Gas Technical Analysis: Price Attacking Resistance
Article By: Daily Forex
Tuesday, May 17, 2022 10:45 AM EDT
After last week's loss, natural gas futures rebounded again on Monday, as traders reflect on reports of strong energy consumption with lower production.
In this article: UNG
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Walmart: An Expected Move Towards And Below The $146 Closest Support Level
Article By: AAATrade
Tuesday, May 17, 2022 10:07 AM EDT
Today we can expect a move towards and below the $146 closest support level.
In this article: WMT
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Real Retail Sales Signal Further Expansion
Article By: New Deal Democrat
Tuesday, May 17, 2022 10:05 AM EDT
Nominal retail sales for the month of April were up 0.9%, and previous months were revised higher. That means that, after inflation, real retail sales for April were up 0.6%, a very positive number.
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USDJPY: An Expected Move Close To The Temporary Support Level
Article By: AAATrade
Tuesday, May 17, 2022 9:36 AM EDT
Today we can expect a move close to the temporary support level of 128.6 breaking consolidation.
In this article: FXY, UUP
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