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Stocks consolidate in a bull market

Stocks consolidate in a bull market

FromMoving Markets: Daily News


Stocks consolidate in a bull market

FromMoving Markets: Daily News

ratings:
Length:
12 minutes
Released:
Mar 11, 2024
Format:
Podcast episode

Description

The US labour market continues to cool, but red-hot Nvidia first hit a record high then recorded a 10% intra-day drop, the USD had its longest losing streak since last October, and gold and Bitcoin reached all-time highs – these are just some of the headlines from last week. Asia is starting this week with better inflation figures out of China, but prospects of higher interest rates and a stronger JPY mean that Japanese shares are off their all-time high. Mensur Pocinci, our Head of Technical Analysis Research, notes that in a bull market, momentum peaking indicates a slowing uptrend, which is followed by a sideways consolidation, not a lasting decline in prices.00:00 Introduction by Helen Freer (Investment Writing)00:26 Markets wrap-up by Mike Rauber (Investment Writing)07:09 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)11:02 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
Released:
Mar 11, 2024
Format:
Podcast episode

Titles in the series (100)

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.