Market Trading Guide: YES Bank Among Two Stock Picks for Monday with up to 10% Upside Scope
Indian equities faced broad‑based selling after the IMD projected monsoon rainfall at only 90% of the long‑period average, stoking fears of higher food inflation. The downside was cushioned by falling crude‑oil prices, easing bond yields and optimism over a possible US‑Iran diplomatic breakthrough. Analysts highlighted YES Bank (₹23.22 ≈ $0.28) and NBCC (₹100.3 ≈ $1.21) as short‑term buys, each showing bullish technical setups with targets that imply roughly 10% upside. Market participants now await the RBI’s policy decision and upcoming GDP data for further direction.
Wall Street’s Red-Hot Momentum Trade Is Still Winning, as Strategy Delive...
The S&P 500 Momentum Index surged 31.7% over the past two months, marking its best two‑month performance on record. The rally was powered by a 19.2% jump in April followed by a 12.5% gain in May. Momentum investing—buying stocks that have...
TTMI Stock Shows How Swing Trading Rules Lead To Success
TTM Technologies (TTMI) surged nearly 40% after breaking its 50‑day moving average in early April, then found support around $150 following an earnings‑driven gap up. The trade was entered with a half‑position and a tightened stop‑loss at $154.72, capping potential...
Global X Brazil Active ETF Enters Oversold Territory as BRAZ RSI Falls Below 30
The Global X Brazil Active ETF (BRAZ) slipped to $30.39 on Friday, pushing its Relative Strength Index to 29.2 – a level traditionally viewed as oversold. The 52‑week range for the fund is $20.50 to $35.79, leaving the price well above...
IGV Reclaims 200-Day Moving Average as Software Sector ETF Gains Momentum
The iShares Expanded Tech‑Software Sector ETF (IGV) reclaimed its 200‑day moving average on Friday, trading as high as $99.78 and posting a 4% gain. The 200‑day average sits at $98.88, a key technical threshold that many traders watch for trend...
Time to Buy This Once High-Flying Apparel Stock? Jay Woods Looks at the Charts Ahead of Earnings
Lululemon Athletica (LULU) has slumped more than 75% from its $500 pandemic peak to around $145, placing the stock at a pivotal technical crossroads ahead of its earnings release next week. Slower sales, heightened competition, tariff pressures and a series...
KraneShares 2x Long PDD Daily ETF Enters Oversold Territory as Selling Pressure Intensifies
KraneShares' 2x Long PDD Daily ETF (KPDD) fell into oversold territory as its RSI dropped to 28.6, signaling strong selling pressure. The fund traded as low as $5.36, matching its 52‑week low and a 9.3% decline on the day. Leveraged...
US Stocks: BoA Warns of Summer Stock Rout as Cash Levels Fall and Bullish Sentiment Peaks
Bank of America’s May Fund Manager Survey shows cash holdings among 170 managers dropped to 3.9%, crossing the historic 4% sell‑signal threshold. Investor sentiment hit a three‑month high on robust earnings, while only 16% anticipate a Fed rate hike despite...
IREZ ETF Enters Oversold Territory as Selling Pressure Pushes Shares to 52-Week Low
The IREZ ETF slipped into oversold territory on Wednesday as its Relative Strength Index fell to 29.6, triggering a sharp 26.3% one‑day drop to $4.50 per share, the fund's 52‑week low of $4.475. By contrast, the S&P 500 posted an RSI...
Cybersecurity Stocks Are Surging. One Looks Promising Into Earnings
Zscaler (ZS) is poised for a bullish reversal as it prepares to report earnings after the market close. The cloud‑native security firm posted 26% year‑over‑year revenue growth, with trailing twelve‑month revenue projected at $3.32 billion and free‑cash‑flow margins near 27%. Its...
Dow Jones Leader Amazon, AI Stock Quanta, Monster Beverage In Or Near Buy Zones
Amazon is hovering in a 5% buy zone above the 258.60 point, buoyed by Jefferies’ $320 price target that highlights accelerating AWS AI revenue. Travere Therapeutics broke out of its buy range after the FDA approved its drug Filspari for...
USDJPY Breaks Above Last Week’s High. Can the Buyers Keep Momentum Going?
The USD/JPY pair broke above last week’s high of 159.337, ticking to 159.35, after retesting the 100‑hour moving average at 159.008. Buyers regained control as the price stayed above the 200‑hour MA of 158.875, reinforcing a bullish bias. Traders now...
These Tech Stocks Have Seen Bullish 'Flag Patterns' Recently, Says Katie Stockton
Technical analyst Katie Stockton highlights recent bullish flag patterns across several technology stocks, noting that these continuation formations have driven sharp short‑term gains. She points to Zcash’s April‑May breakout, Dell Technologies’ repeated flag breakouts, Arm Holdings’ rapid three‑day rally, and...
Nifty Stays Range-Bound as Resistance Near 23,800 Caps Upside Move
The Nifty 50 traded within a 542‑point range this week, testing a high of 23,859.90 before slipping to 23,317.10. Volatility eased as the India VIX fell 4.68% to 17.91, and the index closed with a modest 0.32% gain. Technical resistance...
Here's How We Avoided Spinning In Circles On Sphere Stock
Sphere Entertainment delivered a standout Q1, rallying nearly 30% from its lows and staying above its 50‑day moving average. The firm’s swing‑trading desk entered the stock twice, first adding to a half position before a quick pullback forced an exit,...