24 Aug 2023 Foreign

 WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq

If you like what we are doing, kindly like and share our page on FB. Follow us 

on FB for more updates.

Click here to contact us: https://goo.gl/B6Dccf 

E-Mini Dow

US stock futures climbed higher on Thursday as an upbeat earnings report from Nvidia fueled bullish sentiment.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Aug subscription.

Plan A: Remain long as long as market trades above 34375. Targets are 34668 and 34766.

Plan B: Consider short if market stays below 34375. Targets are 34326 and 34229.

E-Mini S&P 500

The S&P 500 gained 1.1% to end the day at 4,436.01, its best daily performance since June 30.

Nvidia is the best-performing S&P 500 stock of 2023, up more than 200%, as investors cheer the company’s AI-related prospects.

Investors will look to the report for signs that the AI trend has more momentum. If not, it’s possible the August downturn will be prolonged. Shares closed 3% higher ahead of the release.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your August subscription.

Plan A: Short if market failed to support above 4483. Targets are 4472 and 4363.

Plan B: Long if market supported firm above 4483. Targets are 4495 and 4502.




E-Mini Nasdaq

Stocks ended higher on Wednesday as Wall Street awaited the latest quarterly figures from Nvidia, the high-flying chipmaker that’s been bolstered by the artificial intelligence craze on Wall Street. A decline in yields also buoyed sentiment among investors.

The tech-heavy Nasdaq Composite climbed 1.6% to 13,721.03, making for three straight days of gains.

Nvidia is slated to report second-quarter earnings after the bell. Analysts polled by Refinitiv expect the company to report sharp year-over-year spikes in profit and revenue.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your August subscription.

Plan A: Short if market failed to support above 15418. Targets are 14925 and 14890.

Plan B: Long if market retraced but supported firm above 14957. Targets are 14983 and 15011.

HSI

Hong Kong stocks rose ahead of earnings from tech titan NVIDIA later Wednesday, while traders were also gearing up for a speech by US Federal Reserve boss Jerome Powell at the end of the week.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Aug subscription.

Plan A: Remain long if the market stays above 17656. Targets are 18125 and 18281.

Plan B: Consider short only if the market stays above 17656. Targets are 17500 and 17344.

WTI Crude

crude oil closed lower on Wednesday, dropping for a third-straight session on weak demand from China and shrinking manufacturing activity in the United States and Europe, while a report showed US inventories fell more than expected last week.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Aug subscription.

Plan A: Remain short as long as oil price stays below 79.69. Targets are 78.13 and 77.73.

Plan B: Consider long only if oil price stays above 79.69. Targets are 80.47 and 81.25.

Gold

Gold prices jumped 1% to a near two-week high on Wednesday, helped by a pullback in U.S. bond yields and the dollar as investors looked ahead to the Jackson Hole symposium for guidance on interest rates.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Aug subscription.

Plan A: Remain long as long as gold price stays above 1906.25. Targets are 1921.87 and 1929.68.

Plan B: Attempts short only if gold price stays below 1906.25. Targets are 1898.43 and 1890.62.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.