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The rupiah fell as much as 0.45% to 16,585 against the dollar, its lowest level since May 2.On May 14, Goldman Sachs said that after an internal analysis of Trumps social media posts on oil prices, it was found that Trump seemed to prefer to maintain WTI oil prices between $40 and $50 per barrel. Analysts such as Daan Struyven said: "Trump has always been very concerned about oil and US energy dominance. He has posted nearly 900 related tweets. Through analysis, we infer that his preference for WTI oil prices is around $40 to $50, which is also the range in which he talks about oil prices the least frequently." The prices of US and Brent crude oil are often affected by Trumps social media remarks. His comments range from OPECs production policy, US gasoline prices to sanctions on countries such as Iran. The report pointed out: "When WTI prices are above $50, Trump usually calls for price cuts (or welcomes the drop in oil prices); when oil prices are very low (below $30), he calls for higher oil prices, usually to support domestic oil and gas production in the United States."On May 14, HSBC published a report, raising the target price of JD Health (06618.HK) from HK$43 to HK$45, by 4.65%, and maintaining the investment rating of "buy". HSBC said that JD Healths revenue in the first fiscal quarter was RMB 16.6 billion, a year-on-year increase of 25% and a quarter-on-quarter increase of 1%. The adjusted operating gross profit margin was 7.9%, an increase of 2.2 percentage points from last year and 6.9 percentage points from the previous quarter, mainly due to the improvement in gross profit margin. The adjusted net profit margin was 10.6%, an increase of 1.6 percentage points/quarter-on-quarter from the same period last year. The bank currently predicts that JD Healths full-year revenue in 2025 will increase by 17.6% year-on-year to RMB 68.4 billion, which means that the second to fourth quarters of 2025 will increase by 15% year-on-year. The bank expects the full-year adjusted operating gross profit margin to be 4.8%, an increase of 3 percentage points from last year, and the non-GAAP net profit margin to be 7.6%, a year-on-year decrease of 0.6 percentage points.On May 14, according to media reports, Apple is deeply studying brain-computer interface technology and working with startup company Synchron to explore the possibility of controlling devices such as iPhone, iPad and Vision Pro through brain signals. This cutting-edge technology is expected to bring a new way of interaction to paralyzed patients and those with limited mobility. Synchron is a company that produces a stent-like implant called "Stentrode". The device contains 16 electrodes and is implanted into a mesh electrode array of the brains motor cortex blood vessels through the jugular vein. It can capture the movement intention signals emitted by the brain and transmit them to external devices wirelessly to achieve control without hand operation. Synchron integrates the above system with Apples switch control function to replace the input method. In a trial, Mark, a 64-year-old amyotrophic lateral sclerosis (ALS) patient, successfully controlled the Apple Vision Pro headset with his mind by implanting Synchrons brain-computer interface device. He can play card games, watch Apple TV programs and send text messages with brain signals alone without gestures or voice.Sources: Baidu (BIDU.O) will cooperate with PostAuto to launch a self-driving taxi service in Switzerland. Baidu also plans to test self-driving taxis in Türkiye.

S&P 500 Price Forecast – Bear Market Rally From a Major Support Level

Skylar Shaw

Jun 22, 2022 14:28

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Techniques for the S&P 500

The 3700 mark has generated some buying pressure, which has helped the S&P 500 gain some ground during Tuesday's trading session. As we neared the 3800 level, I started searching for signs of tiredness because I had previously said that possibly the neutral candlestick from the trading session on Friday could result in a slight bounce. Despite this, we could still surpass our previous record; when everything is said and done, we might even reach the level of 4000. After all, I believe anyone with impartiality in their analysis can see that we have been oversold.


On the other hand, it wouldn't surprise me either if we turned back and fell from here. It would surprise me if our mindset suddenly changed, and at this point, I believe that there are many individuals who are underwater who would be more than happy to short this market on a rally. In the end, the Federal Reserve will continue to believe that tightening interest rates is necessary, and as long as that is the case, Wall Street will scream.


The 50 Day EMA is presently at the 4068 level and is declining, therefore I believe it corresponds with a possible big barrier at the 4000 level. If we bounce that high and exhibit indications of tiredness, I won't hesitate to sell at that level. The trend won't alter unless we break above the 4200 mark, and to be honest, I don't believe that's going to happen until something significant changes.