The US dollar index (DXY) has crashed hard in the past few weeks, erasing all gains made earlier this year and moving to its lowest level since July 2023. It has plunged by over 9.35% from its highest point this year. This article explains why the DXY index may crash…
Silver price has staged a strong comeback in the past few weeks as it moved from a low of $28 earlier this month to the current $32. XAG has surged to its highest point since April 3. This article explores why silver and the iShares Silve ETF (SLV) are soaring…
The Hang Seng Index pulled back on Wednesday, even after China published strong economic numbers despite the ongoing trade war with the US. The index, which tracks the top Hong Kong and mainland China companies, retreated by 2.5% to H$20,900, down from this week’s high of H$21,600. Let’s explore some of…
Tesco share price has bounced back in the last three straight days as investors cheer its recent financial results. After crashing to a multi-month low of 310p on April 10, the index has soared by 11.7% to the current 345p. This article explores whether Tesco is a good investment and…
The Super Micro Computer stock price remains in a consolidation phase this year as investors maintain their concerns about the artificial intelligence industry and the ongoing trade war between the US and China. The SMCI share price was trading at $33.50 on Tuesday, where it has been stuck at in…
Google stock price has crashed by over 23% from its highest point this year, moving into a bear market. Alphabet has dropped to $158, mirroring the performance of other American technology companies like Amazon, Microsoft, and NVIDIA, which have dropped by double digits. This article explains why core business is…
Plug Power stock price has crashed to a record low, moving from a record high of $75.45 in January 2021 to $1. Its market cap has dropped from over $42.21 billion in 2021 to $960 million, meaning that investors have lost over $41 billion. Why Plug Power stock price has crashedPlug…
The FTSE 100 index has bounced back recently after Donald Trump softened his stance on the tariffs and after the US reported the latest economic numbers. The index, which tracks the biggest companies in the UK, rose to £8,200 on Wednesday, up sharply from the year-to-date low of £7,545. This surge…
The Schwab US Dividend Equity ETF (SCHD) has pulled back sharply in the past few weeks as Donald Trump’s trade war continued, and after its recent reconstitution. After soaring to a high of $29.17 in November last year, the blue-chip dividend fund has dropped to $25.60, giving it over $65…
Powell Industries stock price has crashed and formed a death cross pattern in the past few months as concerns about tariffs and costs remained. It initially peaked at $363.55 in November last year and is currently $171.50. So, is it safe to buy the POWL stock dip or sell the…