StopHunter
2022-08-08
The week ahead 08/08/22: 

UK morning update - 
Stockmarkets CAC, DAX, FTSE all positive - probably due to continued good earnings results in Europe. In US NASDAQ100 +0.74% / S&P500 +0.61% stronger. 
In FX US Dollar bit weaker. $Australian Dollar - main 2209(AUDmain)$ looking the pick of the stronger major currencies. JPY giving up some recent strength. (SEE CURRENCY STRENGTH CHART attached)
Commodities: Gold +0.25% 1795, $Light Crude Oil - main 2208(CLmain)$ -1.11% at 88.01, Lumber -4.16% at 479.2, NatGas -2.85% at 7.835, Palladium +3.8% at 2191
Trending on social media: PEGY, HKD, AMTD, KRKR, ILAG, BQ, VRAX, BBBY, AMC, SOFI, BP. , TSMC, CRWD, ETSY,
US Earnings this week to look out for (from the many): DIS, D, EMR, SYY, RIVN, RBLX, GOLD, $Coinbase Global, Inc.(COIN)$ , TTWO, PLTR, PLUG, 
Key sheduled economic events: Wednesday - China PPI / CPI figs 02:30 GMT, 13:30 GMT USD CPI figs, 15:30 USD Crude Oil inventories. Thurday: USD 13:30 Initial Jobless claims, Friday: GBP 07:00 GDP figs, manufacturing figs.

Good luck with the trading!

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • pixiezz
    2022-08-09
    pixiezz
    DIS is a potential company.Bullish.
  • snugglo
    2022-08-09
    snugglo
    I think the energy stocks are worth buying.
  • vippy
    2022-08-09
    vippy
    Do you think the oil price will continue to drop?
    • StopHunter
      The odds on it going lower at the moment are greater in my opinion than it going up but it will take just one geopolitical spark to get that price on the up again. Dangerously balanced.
  • nimbly
    2022-08-09
    nimbly
    Thanks for your sharing.Like.
  • chrng
    2022-08-09
    chrng
    [Tongue] [Tongue] [Tongue]
  • alod
    2022-08-08
    alod

    Latest 

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