EUR/USD 1.13866
0.151%
Gold 4094.30
1.003%
Oil 82.321
-7.028%
USD/JPY 163.628
-0.134%
GBP/USD 1.33128
-0.060%
GBP/JPY 217.840
-0.194%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 27: Building materials transaction volume was 85,500 tons, an increase of 5.43% compared to the previous trading day. July 24: Building materials transaction volume was 81,100 tons, a decrease of 8.26% compared to the previous trading day. July 23: Building materials transaction volume was 88,400 tons, an increase of 12.18% compared to the previous trading day. July 22: Building materials transaction volume was 78,800 tons, a decrease of 18.85% compared to the previous trading day. July 21: Building materials transaction volume was 97,100 tons, an increase of 23.85% compared to the previous trading day. Last weeks average: Building materials transaction volume was 84,800 tons.Announcement: The State Council Information Office will hold a press conference on the theme of "The Beginning of the 15th Five-Year Plan" at 10:00 a.m. on July 29, 2026. Rui Wenbiao, spokesperson and deputy director of the State Intellectual Property Office, will introduce the relevant situation of intellectual property protection and utilization during the 15th Five-Year Plan period and answer questions from reporters.HSBC Holdings: Lowered its target price for IBM (IBM.N) from $175 to $174.On July 27th, Guo Shougang, Director of the Equipment Industry Department of the Ministry of Industry and Information Technology (MIIT), introduced the development of my countrys intelligent connected vehicle industry at a media roundtable during the 2026 World Intelligent Connected Vehicles Conference. Guo highlighted the positive achievements already made by my countrys intelligent connected vehicle industry. Going forward, the MIIT will accelerate the formulation and issuance of the "15th Five-Year Plan" for the development of the intelligent connected new energy vehicle industry, thoroughly implement the "National Standardization Development Outline," accelerate breakthroughs in a number of key core technologies, expedite the development, international coordination, and implementation of key standards, further promote pilot applications, production access, and road access for "vehicle-road-cloud integration," and promote the establishment of an ecosystem connecting the entire industry chain.Bernstein raised its price target for Intel (INTC.O) from $100 to $110.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.

Suggestion