Nasdaq 100: Tech continues its rebound driven by Tesla

Wall Street continues its bear market rally, but risks remain on the downside Wall Street ended higher yesterday after the Fed hinted that a slowdown in rate hikes could be coming soon. The minutes revealed that “a substantial majority of participants felt that a slower pace of the rise would likely soon be appropriate”, but … Read more

CAC 40: the support at 6500 points will be decisive in the short term

The CAC 40 is marking time while waiting for PMIs, PCE inflation and speeches from the Fed The CAC 40 has stalled since last week after climbing to a 7-month high, slightly above its June and August peaks, thanks to investor speculation of less aggressive Fed tightening. However, the market could resume the downward path … Read more

USD/CHF: the dollar is trying to rebound against the franc

USD/CHF could rebound to 0.9850 in the near term From a technical analysis perspective, USD/CHF has rebounded strongly from major support at 0.94 after dwelling on that level for several sessions. The risk/return ratio becomes again in favor of buying above this support and the powerful rebound opens the way to a potential reversal which … Read more

Dow Jones: correction risk dominates below 34,000

Wall Street is marking time after a major rebound of 20% in 3 weeks US stock markets are marking time in the short term after three strong weeks of gains, particularly the Dow Jones which rebounded 17% from its October low. Stock markets benefited from investor speculation of possible less-than-expected monetary tightening from the Fed … Read more