CrowdWisdomTrading

CrowdWisdomTrading

AMD has seen notable fluctuations recently, experiencing a pullback while being perceived as a robust alternative within the semiconductor sector. The company's price action has been closely watched, particularly as it navigates through the key support and resistance levels highlighted recently. - AMD's recent performance shows resilience despite facing...

CrowdWisdomTrading

Amazon has recently reached new all-time highs, signaling robust performance fueled by strong consumer demand as we approach the holiday season. The stock has traded above the critical $200 level, demonstrating strong momentum that positions it well to capitalize on winter sales activity. However, valuation concerns linger due to its high-profile status alongside...

CrowdWisdomTrading

Goldman Sachs (GS) has made significant strides in recent weeks, reflecting strong overall performance in the financial sector. The stock early in the month showed increased investor confidence, leading to gains and a positive outlook driven by strong earnings growth and favorable economic conditions. While the broader market has shown some volatility, individual...

CrowdWisdomTrading

The NASDAQ 100 has been riding a bullish wave recently, closing out last week at record highs. With strong performances from major tech stocks contributing to this upward momentum, the index has shown resilience in maintaining higher highs and higher lows throughout the past week. Key Actionable Insights and Takeaways Specific to NASDAQ 100 - Watch for...

CrowdWisdomTrading

The S&P 500 has been on a strong upward trajectory, recently surpassing the significant psychological level of 6000 for the first time. The index has seen a remarkable rally post-election, fueled by investor optimism and solid corporate earnings reports. Currently, it sits approximately 31.5% higher from its previous lows, creating an atmosphere of bullish...

CrowdWisdomTrading

The GBP/USD currency pair has recently experienced a pronounced bearish trend, breaking crucial support below the 1.29 level. This movement indicates a failure in its previous bullish breakout attempt, which has led to cautious sentiment among traders. Currently, the pair is navigating through a volatile trading environment characterized by numerous fluctuations,...

CrowdWisdomTrading

The Euro (EUR/USD) has recently experienced a significant decline, currently positioned in a strong bearish trend. After breaking below crucial support levels, sentiment around the Euro has turned decidedly negative, with the currency reflecting concerns over European economic instability. Key Actionable Insights and Takeaways Specific to EURO - The Euro is...

CrowdWisdomTrading

Microsoft Corporation (MSFT) has recently been under scrutiny as its stock price faces pressure amidst a mixed performance in the tech sector. Last week's trading session reflected a cautious sentiment among investors, especially as major tech players like Microsoft appear to be struggling. Despite a strong brand and proven market position, Microsoft's stock...

CrowdWisdomTrading

As we approach Disney's earnings report set for November 14, analysts have expressed cautious optimism regarding the company’s financial outlook. Recent reports suggest a projected earnings per share (EPS) of $1.10 against revenues of approximately $22.44 billion, marking a potential rebound from 82 cents in EPS compared to the previous year. Disney has faced...

CrowdWisdomTrading

Gold has recently faced notable challenges, experiencing declines due to a strengthening U.S. dollar and a bearish shift in investor sentiment toward riskier assets. Over the past week, gold prices fell approximately $130, with bearish pressures dominating due to reduced uncertainty in the broader market. The dollar index has exhibited bullish behavior, which...