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Bitcoin"s sell-off could continue another 18% lower as the crypto breaks through a key support level, technical analyst says
"We see the pullback as an interruption in the uptrend, not the start of a bearish reversal, given the recent breakout above the 2021 high." Lauren DeCicca/Getty Images; Jenny Chang-Rodriguez/BIBitcoin faces an increased risk of falling 18% afte.....»»
Crypto Analyst Warns Bitcoin"s Impending Correction As Rally Falters: "We Are Bearish Risk Assets"
This adjustment, combined with persistent inflation and a robust labor market, has propelled the 10-year Treasury yield to its highest level since November 2023, thus diminishing the allure of riskier investments. read more.....»»
J&J Braces For Q1 Earnings With Bearish Charts And Patent Cliffs In Play
Johnson & Johnson's Q1 earnings report on April 16 is expected to show $2.64 EPS and $21.4 billion in revenues. Technical analysis shows a bearish trend but analysts have a neutral rating with a $171.95 price target and potential 37.15% upside. read more.....»»
Bank of America Stock: Technical Outlook Prior To Q1 Earnings
Bank of America will report Q1 earnings on April 16, with expectations for 77 cents EPS and $25.4B in revenues. Stock has bullish sentiment but technicals suggest slight bearish trend. read more.....»»
14.8 Trillion Shiba Inu Tokens Liquidated In Just 24 Hours Amid Market Downturn
Amid a bearish downturn affecting the crypto market on Friday, Shiba Inu (CRYPTO: SHIB) has experienced a significant liquidation event, with $3.63 million worth of SHIB, or approximately 14.8 trillion tokens, read more.....»»
Peter Schiff Predicts Bitcoin ETFs Will Lead To Its "Biggest Crash Ever"
Bitcoin's (CRYPTO: BTC) ever-bearish commentator Peter Schiff commented on the crypto king, foreseeing its biggest crash and a potential MicroStrategy (NASDAQ:MSTR) bankruptcy. read more.....»»
Canadian Pacific put volume heavy and directionally bearish
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Tesla Stock Still Has Significant Downside, Says GLJ Research"s Gordon Johnson
Gordon Johnson, CEO of GLJ Research, reconfirmed his bearish outlook on Tesla Inc (NASDAQ: TSLA) Monday on CNBC's "Squawk Box." Latest Rat.....»»
The Week Ahead In Biotech (May 23-29): Eton, Lantheus FDA Decisions, Adcom Test For Provention, Chiasma Data Presentation
Biotech stocks advanced in the week ended May 21, as risk aversion forced traders to buy into defensives. As earnings news flow tapered, stocks took cues from clinical readouts. read more.....»»
Carter Worth And Mike Khouw"s UUP Trade
On CNBC's "Options Action," Carter Worth said he expects more weakness to come for the U.S. dollar. He is bearish because the U.S. Dollar Index broke its long-term uptrend and failed to trade above it. read more.....»»
Butterfly Network put volume heavy and directionally bearish
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Market timer McClellan turned bearish, with S&P 500 seen entering "corrective period" into June
Market timer Tom McClellan, publisher of the "McClellan Market Report," turned bearish on the stock market for short and intermediate-term trading styles, after nearly th.....»»
U.K. CBD Brand Trip Raises $5M To Fund U.S. Market Debut
TRIP, a leading CBD drinks and oils brand in the U.K., is making its U.S. debut following a stra.....»»
: ‘Big Short’ investor Michael Burry makes bearish bet on Tesla
According to a Securities and Exchange filing on Monday, Michael Burry's Scion Asset Management owned 800,100 long puts against Tesla as of March 31......»»
"Big Short" investor Michael Burry reveals his bet against Tesla stock - and discloses an unexpected SPAC stake
Burry's Scion Asset Management held bearish put options on over 800,000 shares of Elon Musk's company at the end of March. Michael Burry. Getty Images/.....»»
Curis put volume heavy and directionally bearish
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Europe Markets: European stocks rise as rebound continues, while mining stocks react to fall in commodity prices
European equities rose on Friday, as the rebound continues from a selloff caused by inflation fears, with mining stocks being the major drag on stock-market indexes in Europe after a slight fall in commodity prices......»»
Lightning eMotors Inc put volume heavy and directionally bearish
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Why Aave Is Surging In Defiance As Bitcoin, Ethereum, Dogecoin Slump On String Of Bearish News
The token of the Decentralized Finance (DeFi) protocol AAVE (AAVE) traded over 16% higher at press time in defiance of a wider cryptocurrency meltdown that affected major coins like Bitcoin (BTC), Ethereum (ETH), and Dogecoin read more.....»»
Weyerhaeuser put volume heavy and directionally bearish
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»